Effect of personal transfers and exports on economic growth in Morocco: Econometric analysis over the period 1975-2017

31065

This study aims to examine the effect of personal transfers and exports on economic growth in Morocco using the annual data for the period (1975-2017). To deduce the nature of this effect, we tested the stationarity of the variables and the cointegration between the variables according To the Johansen method. The cointegration test showed that there is only one cointegration relationship between the variables, which allows us to apply the error correction model. The error correction model estimation results show that the long-term relationship is more significant, and that GDP per capita responds positively to changes in exports and personal transfers. A 1% increase in personal transfers improves per capita GDP by 0,12%. Similarly, an increase in exports by one point of percentage of GDP produces an improvement in per capita GDP of 0,068%.

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Personal transfers , Export , economic growth

Revue Des Études Multidisciplinaires En Sciences Économiques Et Sociales

150

Revue Des Études Multidisciplinaires En Sciences Économiques Et Sociales