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Morocco’s External Performance: An Empirical Assessment Of Export Competitiveness Determinants

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  • Sara Labrar

    (Laboratory of Applied Economics, University Mohammed V Rabat.)

  • Adil El Marhoum

    (Laboratory of Applied Economics, University Mohammed V Rabat.)

Abstract

The objective of this article is to study the external competitiveness of Morocco. To do so, we first make a sectoral analysis of Moroccan international trade. This analysis reveals the sectors and products in which Morocco should specialize, as well as the products in which Morocco has a strong export potential. Then, we study the impact of the introduction of price and cost competitiveness indicators in the export's equations of Armington (1969). Using a Vector Error Correction Model (VECM) estimated over the period 1988-2017. The principal results confirm that Moroccan external competitiveness can’t be measured only by the price factor. We also show that the competitiveness is also reflected with other factorslike cost of production and quality.

Suggested Citation

  • Sara Labrar & Adil El Marhoum, 2020. "Morocco’s External Performance: An Empirical Assessment Of Export Competitiveness Determinants," International Journal of Business and Social Research, LAR Center Press, vol. 10(4), pages 22-35, April.
    • Handle: RePEc:lrc:larijb:v:10:y:2020:i:4:p:22-35
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    References listed on IDEAS

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    More about this item

    Keywords

    Competitiveness; VECM model; exports; Armington; Morocco.;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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