Application of dynamical systems in the identification and evaluation of economic potentialities to improve development in the province of Castrovirreyna, Huancavelica

Abstract

This research paper has allowed to apply the dynamical systems to identify and evaluate the economic potentialities in the province of Castrovirreyna, department of Huancavelica in order to improve its development. At the same time, it helps to determine what factors and systematic information influence in the identification and assessment of it. This study was non experimental of descriptive scope. To obtain information from the natural resources of the province, 250 surveys and interviews with people and authorities were conducted followed by a simulation to assess the Castrovirreyna potential. This initial analysis shows the decline of the economic potential due to factors such as people’s poor instruction, indifferent authorities, lack of information (95 %), poor knowledge of their own natural resources (70 %), few access roads (40 %), and few irrigation canals (30 %). In the fourth year the model showed an improvement of the mentioned factors by an increase of 25 % in agriculture, 23 % in mining, 19 % in livestock, 26 % in fishery and 14 % in tourism, which would enhance the development of the province. Finally, with an integrated management of productive activities, the economic potential of Castrovirreyna province would substantially increase from 20 % to 826 %, showing a positive effect on improving the life quality of the population.