Economic Growth and Jobs Creation in Morocco: Overall and Sectors’ Analysis

Elhadj Ezzahidi and Aicha El Alaoui ()

MPRA Paper from University Library of Munich, Germany

Abstract: Employment is linked to growth at least in the long-run. Thus, to reduce structurally unemployment it is necessary to boost growth. Thus, any strategy seeking to reduce unemployment must be devised with a good knowledge of the growth content in terms of jobs. In this paper, we use Okun’s law, arc point elasticity, and a simple econometric model to assess the intensity of the links between economic growth and (un)employment in Morocco. Okun’s law provides evidence that economic growth in Morocco is linked with a reduction of the unemployment rate. The sectors intensities to create jobs are very different and provide unsystematic results. Using an average measure of elasticity over the period 1999-2009, we find that many sectors were net losers of jobs. The overall growth-elasticity of employment is positive but low.

Keywords: Growth; Jobs’ creation; Growth-elasticity of employment; Morocco (search for similar items in EconPapers)
JEL-codes: E2 J2 J6 J60 O4 (search for similar items in EconPapers)
Date: 2014-02-17, Revised 2014-04-22
New Economics Papers: this item is included in nep-ara, nep-gro and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:57841

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