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Cuadernos de Economía
versión impresa ISSN 0121-4772versión On-line ISSN 2248-4337
Resumen
LEON MENDOZA, Juan. Influence of the macroeconomic context on business mortality in Peru. Cuad. Econ. [online]. 2021, vol.40, n.83, pp.403-430. Epub 30-Sep-2021. ISSN 0121-4772. https://doi.org/10.15446/cuad.econ.v40n83.81957.
The aim of this paper is to identify the macroeconomic factors that contribute to the closure of companies in Peru. To achieve this objective, statistical regressions were carried out by applying the ordinary least squares method to panel data corresponding to all 24 departments. The results indicate that business mortality tends to increase inversely to the growth rate of the gross domestic product, and directly to the rate of inflation, the degree of openness to foreign trade, financial credit, and the tax burden.
JEL: D21, L21, L26, M20.
Palabras clave : Business bankruptcy; business mortality; macroeconomic variables; Peruvian regions.