Análisis de la Influencia de la Inversión Extranjera Directa, el Empleo y la Exportación de Petróleo en el Producto Interno Bruto de Colombia.

Abstract

This study concentrates on a thorough exploration of the effects of oil exploitation (EP), foreign direct investment (FDI) and the minimum wage (SM) on Colombia's Gross Domestic Product (GDP), with the firm purpose of carrying out an in-depth evaluation of annual growth and an in-depth understanding of the country's current economic situation in real terms. The primary focus lies in the meticulous observation of GDP behavior over a significant period of time, and in the exhaustive exploration of how these study variables have influenced this fundamental economic indicator. In order to achieve these objectives, a comprehensive research was deployed, immersed in the detailed analysis of databases provided by institutions such as the Bank of the Republic, the Ministry of Labor and the National Administrative Department of Statistics (DANE). This research stage pursued the unequivocal purpose of unraveling the direct and sustained impact of oil exploitation, FDI and the minimum wage on the Colombian GDP. Subsequently, econometric models were built and applied, specifically the Logit and Probit approaches. Subsequently, econometric models were built and applied, specifically the Logit and Probit approaches. These models, anchored on solid theoretical foundations, allowed us to configure an analytical structure in which GDP assumes the role of dependent variable. Finally, a probabilistic relationship is established between the variables under analysis in this study