The conclusive macroeconomic variables of fuel imports in the face of the shortage of foreign currency in Bolivia

The objective of this research is to identify, analyze and determine which are the conclusive variables of the total import of fuels, this variable is dependent on the study variables such as GDP, inflation, public debt, fiscal balance, public spending, trade balance, exchange rate and net international reserves that will be studied. given the shortage of foreign currency in Bolivia, from a time series sample from 2006 to 2025, to analyze these data, we will first make the polynomial projections of each of the variables in relation to the total import of fuels. Subsequently, we developed a multiple regression, with the eight independent variables in correlation to fuel imports, the results obtained yielded five variables with positive coefficients and the most correlated the net international reserves and total public debt and three conclusive variables with negative coefficients but the most correlated the exchange rate, the regression of the econometric model reached a 90% multiple correlation.

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Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2026-05-27
DOI
https://doi.org/10.5281/zenodo.20405820
Primary Topic
Extractivism and Socioeconomic Issues
Type
article
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article

The conclusive macroeconomic variables of fuel imports in the face of the shortage of foreign currency in Bolivia

César D. Vargas Díaz1 , Blanca E. Patzi Flores2 , Víctor H. Hinojosa Castellon3 and Alfredo Hinojosa Castellon4
Zenodo (CERN European Organization for Nuclear Research)
Extractivism and Socioeconomic Issues
article

The conclusive macroeconomic variables of fuel imports in the face of the shortage of foreign currency in Bolivia

César D. Vargas Díaz1 , Blanca E. Patzi Flores2 , Víctor H. Hinojosa Castellon3 and Alfredo Hinojosa Castellon4
article en

Abstract

The objective of this research is to identify, analyze and determine which are the conclusive variables of the total import of fuels, this variable is dependent on the study variables such as GDP, inflation, public debt, fiscal balance, public spending, trade balance, exchange rate and net international reserves that will be studied. given the shortage of foreign currency in Bolivia, from a time series sample from 2006 to 2025, to analyze these data, we will first make the polynomial projections of each of the variables in relation to the total import of fuels. Subsequently, we developed a multiple regression, with the eight independent variables in correlation to fuel imports, the results obtained yielded five variables with positive coefficients and the most correlated the net international reserves and total public debt and three conclusive variables with negative coefficients but the most correlated the exchange rate, the regression of the econometric model reached a 90% multiple correlation.

Zenodo (CERN European Organization for Nuclear Research)
Decent work and economic growth
Openalex Percentile: Top 3%
Extractivism and Socioeconomic Issues
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