First Author:   Segundo Camino-Mogro Universidad Complutense de Madrid; ESAI Business School; Universidad Católica Santiago de Guayaquil segundo.camino@gmail.com   Av. 9 de octubre #200 y Pichincha, +593988053073 Guayaquil, 090503, Ecuador   0988053073(Phone) 0988053073(Fax) https://sites.google.com/view/segundocaminom Second Author: Paul Carrillo-Maldonado Ecuadorian Political Economy Lab (EPEL); Inter-American Development Bank (IADB) paulcar@iadb.org   Quito, Ecuador       https://sites.google.com/site/paulacarrillomaldonado/ Third Author: Alberto López Department of Economic Analysis. Universidad Complutense de Madrid alberto.lopez@ccee.ucm.es   Universidad Complutense de Madrid, Campus de Somosaguas Pozuelo de Alarcón (Madrid), 28223, Spain