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Assessment of the impact of export diversification on economic growth in Morocco: Econometric application

Authors: Bahajji Said; Chahdi Ouazzani Aicha;

Assessment of the impact of export diversification on economic growth in Morocco: Econometric application

Abstract

Résumé Dans un contexte mondiale caractérisé par l’instabilité et la fluctuation des recettes d’exportations, les taux de croissance économique enregistrés récemment par le Royaume du Maroc mettent en question les dynamiques structurelles de l’économie marocaine. Une structure productive caractérisée essentiellement par une insuffisante diversification et un faible indice de sophistication des exportations. L’objectif principal de cet article est d’évaluer empiriquement l’impact de la diversification des exportations sur la croissance économique au Maroc à partir d’un modèle autorégressive vectoriel (VAR). Les résultats de la présente étude montrent qu’une augmentation de 1% de la diversification des exportations marocaines influence positivement la croissance économique au Maroc de 0,27%. Au cours de cet article, nous avons présenté, dans un premier temps, les outils de mesure de la diversification des exportations ainsi que notre approche méthodologique, ce qui nous a permis, dans un deuxième temps, d’analyser les résultats de notre étude économétrique. Mots clés : Economie, Structure, diversification, productivité, exportations, croissance Abstract In a global context marked by instability and fluctuating export revenues, the economic growth rates recorded recently by the Kingdom of Morocco call into question the structural dynamics of the Moroccan economy. The Moroccan productive structure is characterized mainly by insufficient diversification and a low index of export sophistication. The main objective of this paper is to empirically estimate the impact of export diversification on economic growth in Morocco using a vector auto regression model (VAR). The results of this study show that an increase in the diversification of Moroccan exports by 1% has a positive effect on economic growth in Morocco by 0.27%. In this paper, we first present the tools for measuring export diversification and our methodological approach, which allows us to analyze the results of our econometric study. Keywords: Economy, structure, diversification, productivity, exports, growth.

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diversification, productivity, growth, Economy, structure, exports

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popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
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This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
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