External Public Debt and Economic Growth in Morocco: assessment and Impacts

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Oumansour Nor-Eddine
Oumansour Nor-Eddine
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Driss Chkiriba
Driss Chkiriba

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External Public Debt and Economic Growth in Morocco: assessment and Impacts

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Abstract

This paper has the aim to study the impact of the external public debt on the economic growth in Morocco. The estimates cover the period 1988-2016. The econometric instrument used for estimating the model parameters is based on the “ARDL bound testing” method. The results confirm the high public debt has a negative and largely significant effect on the economic growth, for the short as well as for the long term. The effect is much more important in the short term than in the long term. The results corroborate most studies stating that the external debt has a negative impact on economic growth.

References

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Oumansour Nor-Eddine. 2019. \u201cExternal Public Debt and Economic Growth in Morocco: assessment and Impacts\u201d. Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 19 (GJMBR Volume 19 Issue B1): .

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Issue Cover
GJMBR Volume 19 Issue B1
Pg. 39- 48
Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-B Classification: JEL Code: F43
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v1.2

Issue date

April 8, 2019

Language
en
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This paper has the aim to study the impact of the external public debt on the economic growth in Morocco. The estimates cover the period 1988-2016. The econometric instrument used for estimating the model parameters is based on the “ARDL bound testing” method. The results confirm the high public debt has a negative and largely significant effect on the economic growth, for the short as well as for the long term. The effect is much more important in the short term than in the long term. The results corroborate most studies stating that the external debt has a negative impact on economic growth.

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External Public Debt and Economic Growth in Morocco: assessment and Impacts

Oumansour Nor-Eddine
Oumansour Nor-Eddine
Driss Chkiriba
Driss Chkiriba

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