Hernán Delgadillo Dorado
Email: h.delgadillo@fce.umss.edu.bo
Hernán Delgadillo Dorado, economist, graduated in Social Security Studies CIESS, with a master's degree in higher education, a master's degree in senior management and health policies, a PhD candidate in Economic Sciences. University professor for more than 40 years and president of the Departmental College of Economists of Cochabamba on three occasions, current president of the National College of Economists of Bolivia. Past director of the Economics career on three occasions at the Universidad Mayor de San Simón. Past president and former manager of the University Social Security of the UMSS. Past Vice President of the University Social Security of Bolivia. Past president of the FUD-UMSS Housing Plan. Past president of the Social Fund of the Mortuary Fee of the Bolivian Automobile Club. His lines of research focus on economics and econometrics, health economics, social security and economics applied to public and private management.
Papers Published in World Economics:
Analysis of the Determinants of Bolivia’s Economic Growth Models
The modern history of Bolivia can be understood through the last two economic models of development implemented in the country; first, ‘neoliberalism’ characterised by an economic policy with its economic model of the capitalist market focused on the private sector, to a more plural and social orientation with its economic, social, and community-based productive model, centred on ‘neo-statism’. Both economic models with different essences and paradigms, but with the same nuances in sustaining the economy with the sale of raw materials, savings and debt. In this context, the objective of this research is to identify, analyse, and compare the economic models derived from its structural and macroeconomic public policies carried out in the Bolivian economy through independent study variables such as inflation, fiscal and trade balance, public debt, public expenditure and gross domestic product (GDP), the latter being our dependent variable, for the study analysis each of these variables was considered that are disseminated in the General State Budgets using a time series sample spanning from 1986 to 2025. To analyse these data, we will first make the polynomial projections of each of the study variables individually as well as for the entire sample. This approach aims to identify cyclical patterns or complex curves with increasing and decreasing trends, enabling us to compare which of the economic models is more accurate. Subsequently, we developed multiple regressions to both models, the results obtained for the capitalist economic model yielded a multiple correlation coefficient of 96% and for the socialist economic model of 84%.
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