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Les structures économiques des pays du Maghreb : convergence ou divergence vis-à-vis de l'Europe ?

Author

Listed:
  • Kamel Malik Bensafta

    (Macroéconomie Finance - LEO - Laboratoire d'Économie d'Orleans [UMR7322] - UO - Université d'Orléans - UT - Université de Tours - CNRS - Centre National de la Recherche Scientifique - UHBC - Université Hassiba Ben Bouali de Chlef)

  • Gervasio Semedo

    (LEO - Laboratoire d'Économie d'Orleans [UMR7322] - UO - Université d'Orléans - UT - Université de Tours - CNRS - Centre National de la Recherche Scientifique, UT - Université de Tours)

Abstract

In this paper, we study the approach level of Maghreb's Economies towards West European Countries CEEC towards Euro zone. To this end, we use a Structural VAR model to identify supply and demand shocks. We also use Principal Component Analysis to look for dynamic convergence. Our results show a differenciated approach level of Maghreb's economies towards Europe: Tunisia's and Morocco's, to a lesser extent, economies are on the way of convergence and on a level comparable to that of CEEC; Algeria and Libya lag far behind that convergence level inspite of their capacities. This result confirms the important role played by bilateral trade particularly in manufactured products. Tunisa's and Morocco's convergence is also a result of a shift from food and textile industries to medium and hig technological industry.

Suggested Citation

  • Kamel Malik Bensafta & Gervasio Semedo, 2014. "Les structures économiques des pays du Maghreb : convergence ou divergence vis-à-vis de l'Europe ?," Working Papers halshs-01012035, HAL.
    • Handle: RePEc:hal:wpaper:halshs-01012035
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-01012035v1
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