Les structures économiques des pays du Maghreb: convergence ou divergence vis-à-vis de l'Europe ?

Kamel Bensafta () and Gervasio Semedo ()
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Gervasio Semedo: LEO - Laboratoire d'Économie d'Orleans [UMR7322] - UO - Université d'Orléans - UT - Université de Tours - CNRS - Centre National de la Recherche Scientifique, UT - Université de Tours

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Abstract: In this paper, we study the approach level of Maghreb's Economies towards West European Countries CEEC towards Euro zone. To this end, we use a Structural VAR model to identify supply and demand shocks. We also use Principal Component Analysis to look for dynamic convergence. Our results show a differenciated approach level of Maghreb's economies towards Europe: Tunisia's and Morocco's, to a lesser extent, economies are on the way of convergence and on a level comparable to that of CEEC; Algeria and Libya lag far behind that convergence level inspite of their capacities. This result confirms the important role played by bilateral trade particularly in manufactured products. Tunisa's and Morocco's convergence is also a result of a shift from food and textile industries to medium and hig technological industry.

Keywords: Structural VAR; Supply and Demand Schocks; Economic Convergence; Maghreb; Convergence économique; VAR Structurel; Chocs d'offre et de demande (search for similar items in EconPapers)
Date: 2014-06-25
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-01012035
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Related works:
Working Paper: LES STRUCTURES ECONOMIQUES DES PAYS DU MAGHREB: CONVERGENCE OU DIVERGENCE VIS-A-VIS DE L’EUROPE ? (2015)
Working Paper: Les structures économiques des pays du Maghreb: convergence ou divergence vis-à-vis de l'Europe ? (2015)
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