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Les dépenses publiques et la croissance économique au Maroc
[Public expenditures and economic growth in Morocco]

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  • Tahtah, Hind

Abstract

The relationship between public expenditures and the economic growth attracts more and more the interests of most economists, especially after the financial crisis of 2008. A return to Keynesianism has been the subject of contemporary debates and still one of the most proposed solutions to this financial crisis. This paper explores the causal links between budget spending and economic growth, considering the externality effects exerted by the budgetary expenditure on private investment, which cannot be neglected in explaining economic growth. The results of the estimation of two error correction models conclude that the budgetary expenditures in investment and human capital formation (especially in education and transport and communication) promote growth and encourage private investment. Also, public authorities should reduce final consumption expenditure of government, since these have a negative impact on economic growth in the short term.

Suggested Citation

  • Tahtah, Hind, 2013. "Les dépenses publiques et la croissance économique au Maroc [Public expenditures and economic growth in Morocco]," MPRA Paper 72107, University Library of Munich, Germany, revised 2015.
    • Handle: RePEc:pra:mprapa:72107
    as

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    File URL: https://mpra.ub.uni-muenchen.de/72107/1/MPRA_paper_72107.pdf
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    References listed on IDEAS

    as
    1. Taoufik Rajhi, 1993. "Croissance endogène et externalités des dépenses publiques," Revue Économique, Programme National Persée, vol. 44(2), pages 335-368.
    2. Pierre-Yves Hénin & Pierre Ralle, 1993. "Les nouvelles théories de la croissance : quelques apports pour la politique économique," Revue Économique, Programme National Persée, vol. 44(1), pages 75-100.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Dépenses publiques; croissance économique; modèle à correction d’erreurs; causalité au sens de Granger;
    All these keywords.

    JEL classification:

    • C3 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables
    • H51 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Health
    • H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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