IDEAS home Printed from https://ideas.repec.org/p/ris/bkamdt/2021_003.html
   My bibliography  Save this paper

Analyse de la vulnérabilité du tissu productif marocain

Author

Listed:
  • Benazzi, Sara

    (Bank Al-Maghrib, Département de la Recherche)

  • Bennouna, Hicham

    (Bank Al-Maghrib, Département de la Recherche)

  • Chmielewski, Tomasz

    (Narodowy Bank Polski)

Abstract

Ce document examine la vulnérabilité financière des entreprises du secteur non financier privé marocain à travers l’élaboration d’un indice de vulnérabilité basé sur le concept de la dette à risque. La vulnérabilité est analysée par taille, âge, secteur d’activité et région, selon quatre principales dimensions, à savoir : la solvabilité, la liquidité, la rentabilité et la capacité de service de la dette. Cette étude mobilise un panel non cylindré de 306 346 entreprises non financières privées ayant déclaré leurs états comptables entre 2006 et 2019, soit près de 1 218 011 bilans au total et 86 000 entreprises en moyenne par an. Les résultats montrent que le degré de vulnérabilité des entreprises est resté relativement stable sur la période étudiée quoiqu’il ait enregistré une légère hausse à partir de 2014, en lien avec l’atonie de la croissance économique. Aussi, les jeunes entreprises et les TPME sont relativement plus vulnérables que les vieilles et les grandes entreprises.

Suggested Citation

  • Benazzi, Sara & Bennouna, Hicham & Chmielewski, Tomasz, 2021. "Analyse de la vulnérabilité du tissu productif marocain," Document de travail 2021-3, Bank Al-Maghrib, Département de la Recherche.
    • Handle: RePEc:ris:bkamdt:2021_003
    as

    Download full text from publisher

    File URL: https://www.bkam.ma/content/download/749860/8490946/version/2/file/Analyse-de-la-vulnerabilite-du-tissu-productif-marocain.pdf
    File Function: Full text
    Download Restriction: s.loukili@bkam.ma
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    secteur-non-financier-prive; indice-de-vulnérabilité-des-entreprises; dette-à-Risque;
    All these keywords.

    JEL classification:

    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • F65 - International Economics - - Economic Impacts of Globalization - - - Finance
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:bkamdt:2021_003. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Département Recherche (email available below). General contact details of provider: https://edirc.repec.org/data/bamgvma.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.