Fiscal Decentralization and Economic Growth in Morocco: A Panel Cointegration Analysis
This article focuses on the effects of fiscal decentralization on economic growth in Morocco, taking into account three dimensions: expenditure decentralization, revenue decentralization and the composite of these two indices. It uses a co-integration panel approach to separate long run effects fro...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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EconJournals
2018-02-01
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| Series: | International Journal of Economics and Financial Issues |
| Online Access: | http://mail.econjournals.com/index.php/ijefi/article/view/5717 |
| _version_ | 1797908411248017408 |
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| author | Meriem Miri El Hassan Taacha Mohamed Ayman Benatia |
| author_facet | Meriem Miri El Hassan Taacha Mohamed Ayman Benatia |
| author_sort | Meriem Miri |
| collection | DOAJ |
| description |
This article focuses on the effects of fiscal decentralization on economic growth in Morocco, taking into account three dimensions: expenditure decentralization, revenue decentralization and the composite of these two indices. It uses a co-integration panel approach to separate long run effects from short run dynamics; By using and revising the set of data generally used in these empirical analyses. The results show that fiscal decentralization can lead to significant long-term economic growth (particularly significant for revenue decentralization), but in the short-term, this leads to a decrease in economic growth. Indeed, short-term results show that fiscal decentralization generates in the very short term a decrease in economic growth before improving over time until reaching a long-term increase between 2003 and 2014 in Morocco.
Keywords: fiscal decentralization, economic growth, Morocco
JEL Classifications: C2, H7
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| first_indexed | 2024-04-10T10:53:15Z |
| format | Article |
| id | doaj.art-7d661d10801a4de79ad00e7ee70baa8c |
| institution | Directory Open Access Journal |
| issn | 2146-4138 |
| language | English |
| last_indexed | 2024-04-10T10:53:15Z |
| publishDate | 2018-02-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Economics and Financial Issues |
| spelling | doaj.art-7d661d10801a4de79ad00e7ee70baa8c2023-02-15T16:20:05ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382018-02-0176Fiscal Decentralization and Economic Growth in Morocco: A Panel Cointegration AnalysisMeriem Miri0El Hassan Taacha1Mohamed Ayman Benatia2Abdelmalek Essaadi University, faculty of Economics, Tangier, MoroccoAbdelmalek Essaadi University, faculty of Economics, Tangier, MoroccoMohammed V University, Faculty of Economics, Rabat, Morocco This article focuses on the effects of fiscal decentralization on economic growth in Morocco, taking into account three dimensions: expenditure decentralization, revenue decentralization and the composite of these two indices. It uses a co-integration panel approach to separate long run effects from short run dynamics; By using and revising the set of data generally used in these empirical analyses. The results show that fiscal decentralization can lead to significant long-term economic growth (particularly significant for revenue decentralization), but in the short-term, this leads to a decrease in economic growth. Indeed, short-term results show that fiscal decentralization generates in the very short term a decrease in economic growth before improving over time until reaching a long-term increase between 2003 and 2014 in Morocco. Keywords: fiscal decentralization, economic growth, Morocco JEL Classifications: C2, H7 http://mail.econjournals.com/index.php/ijefi/article/view/5717 |
| spellingShingle | Meriem Miri El Hassan Taacha Mohamed Ayman Benatia Fiscal Decentralization and Economic Growth in Morocco: A Panel Cointegration Analysis International Journal of Economics and Financial Issues |
| title | Fiscal Decentralization and Economic Growth in Morocco: A Panel Cointegration Analysis |
| title_full | Fiscal Decentralization and Economic Growth in Morocco: A Panel Cointegration Analysis |
| title_fullStr | Fiscal Decentralization and Economic Growth in Morocco: A Panel Cointegration Analysis |
| title_full_unstemmed | Fiscal Decentralization and Economic Growth in Morocco: A Panel Cointegration Analysis |
| title_short | Fiscal Decentralization and Economic Growth in Morocco: A Panel Cointegration Analysis |
| title_sort | fiscal decentralization and economic growth in morocco a panel cointegration analysis |
| url | http://mail.econjournals.com/index.php/ijefi/article/view/5717 |
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