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Key sectors in the Moroccan economy: An application of input-output analysis

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  • Tounsi, Said
  • Ezzahid, El Hadj
  • El Alaoui, Aicha
  • Nihou, Abdelaziz
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    Abstract

    The exploration of the structural features and sectoral interdependences of and in an economy is fundamental for the understanding of its modes of functioning and of its transformations over time. Input-output analysis is largely used to fulfill this objective. Furthermore, information provided by the Leontief inverse matrix is useful for the identification of key sectors. This identification may guide policy makers in setting an adequate industrial strategy. In this paper, the classification of productive sectors is performed by using the unweighted Rassmussen approach. The ordering of sectors depends on the intensity of their links with other sectors. Two results ought to be highlighted. First, key sectors of the Moroccan economy reduced to two sectors in 2007 instead of four sectors in 1998. Second, the ordering of sectors is highly sensitive to the precision of the data and to the year in which the classification is realized. --

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    Bibliographic Info

    Paper provided by Kiel Institute for the World Economy in its series Economics Discussion Papers with number 2012-59.

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    Date of creation: 2012
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    Handle: RePEc:zbw:ifwedp:201259

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    Keywords: input-output analysis; backward linkage; forward linkage; unweighted Rassmussen approach; Morocco;

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    1. Francisco Alvarez-Cuadrado & Markus Poschke, 2009. "Structural Change Out Of Agriculture: Labor Push Versus Labor Pull," Departmental Working Papers 2009-08, McGill University, Department of Economics.
    2. Dobrescu, Emilian & Gaftea, Viorel & Scutaru, Cornelia, 2010. "Using the Leontief Matrix to Estimate the Impact of Investments upon the Global Output," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(2), pages 176-187, July.
    3. Guilhoto, Joaquim José Martins & Sesso Filho, Umberto Antonio, 2005. "Visualizing Input-Output Data: Some New Techniques Applied to the Amazon Region," Investigaciones Regionales, Asociación Española de Ciencia Regional, issue 7, pages 141-152.
    4. Ebru Voyvoda, 2009. "Sources Of Structural Change And Its Impact On Interdependence: An Input-Output Perspective For The Post-1980 Turkish Economy," Working Papers 507, Economic Research Forum, revised Dec 2009.
    5. Boucher, Michel, 1975. "Le Québec : une économie développée?," L'Actualité Economique, Société Canadienne de Science Economique, vol. 51(3), pages 453-460, juillet.
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