GTAP Resources: Resource Display
| GTAP Resource #7467 |
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"Public Capital Efficiency and Regional Growth Dynamics in Morocco: An Analysis Using a Hybrid Approach Combining Stochastic Frontier and Dynamic Regional CGE Model." by Kharbouche, Ayoub and Radouane Raouf Abstract Morocco’s economy grew by an average of 4.4% in recent decades, driven by reforms and investments in agriculture, industry, and renewable energy. However, major regional disparities persist. In 2021, Casablanca-Settat contributed 32.2% of GDP, while regions like Drâa-Tafilalet and the South made up only 7.7%. To reduce these gaps, Morocco launched regionalization and infrastructure projects, but unequal investment and governance inefficiencies hinder results. This study combines a stochastic frontier approach (SFA) and a regional CGE model to assess how public investment and spatial externalities impact growth and convergence. It evaluates two scenarios: a 10% increase in national vs. region-specific investment. Results show that growth depends on capital accumulation, technological progress, and efficiency. Lagging regions like Fès-Meknès and the South benefit most from targeted investment, improving efficiency up to 75–80%. The study highlights the importance of region-specific strategies, institutional reform, and better public capital allocation to reduce inequalities and support inclusive growth. |
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- Economic development - Economic growth - Infrastructure - Dynamic modeling - Econometric methods - Africa (North) |
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Public Access  Paper (24.3 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
