Exchange control: study of the impact on the production costs of textile sector companies Control cambiario: estudio de la incidencia en los costos de producción de las empresas del sector textil

Abstract

^{The purpose of this research is to evaluate the incidence of exchange control on the production costs of textile companies in San Cristóbal, Táchira State. The study is theoretically supported by Daniel Stufflebeam's evaluative model known as CIPP, which is oriented to decision making. Methodologically, it has a quantitative approach, descriptive in nature, with the application of a field research design where the population consisted of a total of sixteen (16) managers belonging to companies in the textile sector in San Cristóbal, whose sample corresponds to the entire population. A survey consisting of a questionnaire of fifteen (15) closed questions of the checklist type and the handling of files was used to determine the amount of foreign currency allocated and production costs. The study allows concluding that the exchange control as an economic measure that regulates the allocation of foreign currency by the State has had a negative impact on production costs, which are not sufficient to cover the production costs of the companies in the textile sector in San Cristobal, decreasing substantially, for 2015 it was 26.48%, for 2016 it was 2.55%, for 2017 it was 0.03% and until July 2018 there has been no allocation. It is recommended to make alliances with companies in the sector, suppliers and universities to employ production strategies and not rely solely on foreign currency}