Economic valuation of local cultural festivals and their contribution to territorial development in Morocco

Évaluation économique des festivals culturels locaux et leurs contributions au développement territorial au Maroc

Elias Gharbaoui and Taoufik Daghri
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Elias Gharbaoui: Faculté des Sciences Juridiques, Economiques et Sociales, Salé
Taoufik Daghri: Faculté des Sciences Juridiques, Economiques et Sociales, Salé

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Abstract: This article offers an economic analysis of local cultural festivals and their contribution to territorial development in Morocco. This research highlights three major pillars: Firstly, the direct and indirect impacts of cultural festivals, resulting from the cooperation of various agents, take on economic, social, and cultural dimensions. Secondly, the enhancement of intangible and cultural heritage within the framework of a strategy to preserve our traditions through festivals. Thirdly, the social and community dimension of these events which translates into pride and local and territorial representation. All while identifying the limitations of these festivals, such as the geographical concentration in large cities, the environmental impact, and sometimes restricted access to culture for a category of people in precarious situations

Keywords: Cultural economics; Territorial development; Intangible cultural heritage; Morocco; Développement territorial; Patrimoine immatériel; Économie de la culture; Festivals culturels; Festivals culturels Économie de la culture Développement territorial Patrimoine immatériel Maroc Classification JEL : R11 Z11 Z10 Cultural festivals Cultural economics Territorial development Intangible cultural heritage Morocco Classification JEL : R11 Z11 Z10 (search for similar items in EconPapers)
Date: 2026
New Economics Papers: this item is included in nep-ara and nep-cul
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Published in International Journal of Accounting, Finance, Auditing, Management and Economics, 2026, 6 (13), ⟨10.5281/zenodo.18137861⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05440649

DOI: 10.5281/zenodo.18137861

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