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International Journal of Innovation and Applied Studies
ISSN: 2028-9324     CODEN: IJIABO     OCLC Number: 828807274     ZDB-ID: 2703985-7
 
 
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Interrelation between Financial Development and Economic Growth in Morocco: Modeling test


Volume 12, Issue 2, July 2015, Pages 471–490

 Interrelation between Financial Development and Economic Growth in Morocco: Modeling test

Hasnaa Bendouz1

1 Economics Department, Mohammed V University Agdal, Rabat, Morocco

Original language: English

Received 22 April 2015

Copyright © 2015 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Abstract


This paper proposes an empirical evaluation, starting from Moroccan data, of the impact of financial development on the economic growth. Using the model with error correction, we tried to test the direction of causality (in the short run and long-term) between the financial sphere and the real sphere.

Author Keywords: financial development, financial liberalization, economic growth, Cointegration.


How to Cite this Article


Hasnaa Bendouz, “Interrelation between Financial Development and Economic Growth in Morocco: Modeling test,” International Journal of Innovation and Applied Studies, vol. 12, no. 2, pp. 471–490, July 2015.