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Revealing the Components of the Intangible Wealth for Morocco

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  • Driouchi, Ahmed
  • Achehboune, Amale
  • Gamar, Alae

Abstract

This paper attempts to reveal the intangible components of wealth that need to be considered for further economic and social policies in Morocco. This objective is achieved through selecting secondary time series data and international indices and regressing the residual intangible wealth as measured by the World Bank method, on different components that are likely to be tested as genuine wealth indicators for Morocco. The attained results are not different from those revealed in previous publications. Governance, Intellectual capital besides Safety and Peace in addition to some cultural features appear to be the main components of the intangible wealth in Morocco. They consequently constitute new directions for economic policy improvements.

Suggested Citation

  • Driouchi, Ahmed & Achehboune, Amale & Gamar, Alae, 2015. "Revealing the Components of the Intangible Wealth for Morocco," MPRA Paper 60904, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:60904
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    File URL: https://mpra.ub.uni-muenchen.de/73997/1/MPRA_paper_60904.pdf
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    References listed on IDEAS

    as
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    3. Victor Ginsburgh & David Throsby, 2006. "Handbook of the economics of art and culture," ULB Institutional Repository 2013/1673, ULB -- Universite Libre de Bruxelles.
    4. Hamilton, Kirk & Liu, Gang, 2013. "Human capital, tangible wealth, and the intangible capital residual," Policy Research Working Paper Series 6391, The World Bank.
    5. Casson, Mark, 2006. "Culture and Economic Performance," Handbook of the Economics of Art and Culture, in: V.A. Ginsburgh & D. Throsby (ed.), Handbook of the Economics of Art and Culture, edition 1, volume 1, chapter 12, pages 359-397, Elsevier.
    6. Chiu, W Henry, 1998. "Income Inequality, Human Capital Accumulation and Economic Performance," Economic Journal, Royal Economic Society, vol. 108(446), pages 44-59, January.
    7. Tsang, Eric W. K., 2014. "Old and New," Management and Organization Review, Cambridge University Press, vol. 10(03), pages 390-390, November.
    8. Sjoerd Beugelsdijk & Henri L.F. de Groot & Anton B.T.M. van Schaik, 2004. "Trust and economic growth: a robustness analysis," Oxford Economic Papers, Oxford University Press, vol. 56(1), pages 118-134, January.
    9. Ferreira, Susana & Hamilton, Kirk, 2010. "Comprehensive wealth, intangible capital, and development," Policy Research Working Paper Series 5452, The World Bank.
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    Cited by:

    1. Paunić, Alida, 2016. "Brazil, Preservation of Forest and Biodiversity," MPRA Paper 71462, University Library of Munich, Germany.

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    More about this item

    Keywords

    Keywords: Intangible capital; regression analysis; wealth intangible components.;
    All these keywords.

    JEL classification:

    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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