GTAP Resources: Resource Display
| GTAP Resource #7439 |
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"Assessing the Macroeconomic Impacts of Social Protection Investments in Morocco and Ivory Coast: A dynamic CGE Modeling" by Aki Lela Wilfried, Kouadio and Nabil El Baouchari Abstract Social protection programmes play a crucial role in achieving inclusive growth and human development. Greater investment in social protection boosts income and improves people's well-being. This is why Morocco and Côte d'Ivoire have implemented various plans to strengthen their social protection systems and reduce social and regional disparities, thereby promoting better economic development. Thus, the main objective of this study is to assess the macroeconomic impact of investments in social protection and provide policy implications for the achievement of sustainable development goals in these countries. To this end, we use a computable general equilibrium (CGE) model following Decaluwé et al. (2013) and other works such as those by Marouani and Robalino (2008), Aka (2016), Coulibaly and Kouadio (2023), Nabil and Radouane (2025, in progress). This model was calibrated using the social accounting matrices (SAM-Mor2019) of Morocco for 2019 and (SAM-Civ2013) of Côte d'Ivoire for 2013. The results show that investment in social protection would have a positive impact on real GDP in Côte d'Ivoire in the short term and in Morocco in the long term if governments financed this policy by mobilising internal resources (taxes and social contributions) and external resources (debt and international aid), but would have a negative impact on public investment with a high cost on welfare in the short term. However, if governments finance this policy using mainly domestic resources, real GDP in Côte d'Ivoire would fall but household welfare would improve thanks to the positive externalities of public investment in both countries in the short and long term. In Morocco, social protection programmes could be financed by mobilising domestic resources. In Côte d'Ivoire, these programmes could be financed through the use of domestic resources, but also through moderate recourse to public debt and international aid due to the weakness of domestic fund mobilisation. |
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- Other data bases and data issues - Domestic policy analysis - Economic growth - Labor market issues - Calibration and parameter estimation - Dynamic modeling - Model validation and sensitivity analysis - Partial and general equilibrium models - Africa (North) - Africa (West) |
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Public Access  Paper (128.0 KB) Replicated: 0 time(s)Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 2:05:45 PM
