Export economic growth, social welfare and economic development: A departmental analysis for Peru, 2005 - 2019

Abstract

This article exposes the relationship between traditional and non-traditional exports with social well-being and economic development. Social well-being is approximated by estimating a Sen well-being index, while economic development is approximated from a standard perspective by GDP per capita. The results obtained show that social well-being depends directly on the level of non-traditional exports, while economic development depends directly on both traditional and non-traditional exports. Finally, social well-being and economic development are concomitant, but they obey different explanatory variables.