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The Contribution of Public Investment to Economic Growth in Peru: A Quantitative Analysis (2000-2023)

  • Universidad Privada del Norte

Research output: Contribution to journalArticlepeer-review

Abstract

Public investment plays a fundamental role in fostering economic growth by reducing infrastructure gaps and improving access to essential services. This research aim is to analyse the relationship between public investment and economic growth in Peru between 2000 and 2023, through a quantitative, correlational, and non-experimental design. Data were collected from official sources, including the Ministry of Economy and Finance (MEF) and the National Institute of Statistics and Informatics (INEI). The results revealed a positive and strong correlation between the two variables. During the analyzed period, public investment registered a significant increase, with a correlation coefficient of 95.89%, evidencing a robust association. In conclusion, the study confirms that public investment plays a critical role in promoting economic growth and enhancing its various dimensions.

Original languageEnglish
JournalTEM Journal
Volume14
Issue number3
DOIs
StatePublished - Jan 2025

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth
  2. SDG 9 - Industry, Innovation, and Infrastructure
    SDG 9 Industry, Innovation, and Infrastructure

Keywords

  • infrastructure investment
  • Latin America
  • Peru.
  • productive investment
  • productive investment
  • public expenditure
  • Public management
  • social investment

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