The relationship between external debt and economic growth in Morocco
Empirical investigation
DOI:
https://doi.org/10.23882/rmd.23170Keywords:
Public external debt, economic growth, co-integration, indebtedness, budget deficit, VARAbstract
The relationship between the external public debt and the economic growth of countries has always been controversial. The purpose of this article is to analyze empirically the impact of the external public debt and the economic growth of Morocco in the period 1984 to 2021. In order to achieve that, a methodology based on a proposal of an empirical and theoretical literature review that treats this problem has been used on the first hand. On the other hand, an econometric analysis has been utilized to detect if there is a long-term growing relationship between the external debt and the Moroccan economic growth.
References
Abdulkarim Y., & Saidatulakmal M. (2021). The impact of government debt on economic growth in Nigeria, Cogent Economics & Finance, 9(1), 1946249, https://doi.org/10.1080/23322039.2021.1946249
Bennour Smida I. (2016). Problématique de l'endettement Public : Aperçu théorique et analyse rétrospective de l'endettement public en Tunisie, International Journal of Economics & Strategic Management of Business Process (ESMB), Vol. 6, pp. 1-6.
Bourbonnais R., (2009), Econométrie, Dunod, Paris, p., 360.
El Bettioui, R., & Ouia, A. (2018). L’impact du financement par la dette extérieure publique sur la croissance économique marocaine : investigation quantitative. Finance et Finance Internationale, 10. https://doi.org/10.34874/IMIST.PRSM/ffi-v0i10.11202
Grenier, J. Y. (2006). “Introduction : Dette d’Etat, dette publique”. https://books.openedition.org/igpde/1810
Kuma, J-K. (2018). Le Mèle VAR Structurel : Eléments de théorie et pratiques sur logiciels. Master. Congo-Kinshasa. https://hal.science/cel-01771221/document
Leonce, Y.(2002 ). Déterminants de l’endettement extérieur des PPTE, Université des Nations Unies. Institut Mondial pour le Développement de la recherche économique, Discussion paper, N° 2002/14
Mortier, B. (2012). Dettes des pays en voie de développement, disponible sur le site :
http://www.France.Attac.org, consulté le 26 Avril 2023
Mucherie, M. (2014). Equivalence ricardienne ou effet Ricardo-Barro, disponible sur le site des sciences économiques et sociales Melchior : https://www.melchior.fr/synthese/equivalence-ricardienne-ou-effet-ricardo-barro consulté le 10 Avril 2023.
Pattillo, C., Poirson, H., & Ricci, L. (2002). Dette extérieure et croissance, Finances et Développement, FMI ; P 53-P60
Raffinot, M. (1991). Dette extérieure et ajustement structurel, France, EDICEF. 300 pages.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 Houda Zouirchi, Rachid El Bettioui, Aziz Ouia
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
