Développement financier, flux financiers et croissance économique

Florent Deisting, Farid Makhlouf and Adil Naamane

Working Papers from HAL

Abstract: Dans ce papier, nous analysons la relation empirique entre le développement financier mesuré par les crédits et la croissance économique au Maroc, ainsi que les canaux de transmission entre les deux variables. En utilisant un modèle VAR pour des données annuelles (1975-2010,) nous avons trouvé qu'un choc positif du développement financier favorise la croissance économique. Cet effet passe plutôt par les transferts de fonds des migrants et les échanges commerciaux. This paper attempts to explore the empirical relationship between credit as proxy to financial development and economic growth in Morocco, and transmission channel between these two variables. We used annually data from 1975 to 2010 and VAR model to examine the impact of financial development on economic growth. We found that financial development induce economic growth via remittance and trade.

Keywords: Financial development; Financial flows; Economic growth; VAR; Morocco (search for similar items in EconPapers)
Date: 2012-06
New Economics Papers: this item is included in nep-ara and nep-fdg
Note: View the original document on HAL open archive server: https://univ-pau.hal.science/hal-01885156v1
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://univ-pau.hal.science/hal-01885156v1/document (application/pdf)

Related works:
Working Paper: Développement financier, flux financiers et croissance économique (2012)
Working Paper: Développement financier, flux financiers et croissance économique (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:hal-01885156

Access Statistics for this paper

More papers in Working Papers from HAL
Bibliographic data for series maintained by CCSD ().