The Relationship Between Insurance Sector and Economic Growth In Morocco: An ARDL Approach
The aim of this paper is to investigate the effect and causality between insurance sector and economic growth in Morocco using ARDL models and time series data for the period 1980-2017. In the long run, there is cointegration between variables in each model and a significant positive effect of Tota...
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| Format: | Article |
| Language: | Arabic |
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University of Bechar
2020-04-01
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| Series: | مجلة البشائر الاقتصادية |
| Subjects: | |
| Online Access: | https://www.asjp.cerist.dz/en/downArticle/196/6/1/115486 |
| _version_ | 1798024710231949312 |
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| author | Abdelaali MOULOUDI Fethi BENLADGHAM |
| author_facet | Abdelaali MOULOUDI Fethi BENLADGHAM |
| author_sort | Abdelaali MOULOUDI |
| collection | DOAJ |
| description | The aim of this paper is to investigate the effect and causality between insurance sector and economic growth in Morocco using ARDL models and time series data for the period 1980-2017. In the long run, there is cointegration between variables in each model and a significant positive effect of Total insurance premiums and life insurance premiums on real GDP. In the short run, there is a positive and significant effect of non-life insurance premiums on economic growth versus a negative effect of life insurance premiums. Granger causality test supports the supply-leading hypothesis by showing a unidirectional causal relationship running from insurance towards economic growth. |
| first_indexed | 2024-04-11T18:06:58Z |
| format | Article |
| id | doaj.art-eaa69c19152a4b03872c3a7ddab56e32 |
| institution | Directory Open Access Journal |
| issn | 2437-0932 2600-6391 |
| language | Arabic |
| last_indexed | 2024-04-11T18:06:58Z |
| publishDate | 2020-04-01 |
| publisher | University of Bechar |
| record_format | Article |
| series | مجلة البشائر الاقتصادية |
| spelling | doaj.art-eaa69c19152a4b03872c3a7ddab56e322022-12-22T04:10:18ZaraUniversity of Becharمجلة البشائر الاقتصادية2437-09322600-63912020-04-0161956970The Relationship Between Insurance Sector and Economic Growth In Morocco: An ARDL ApproachAbdelaali MOULOUDI0Fethi BENLADGHAM1 University of Aboubekr Belkaid, Tlemcen, Algeria University of Aboubekr Belkaid, Tlemcen, AlgeriaThe aim of this paper is to investigate the effect and causality between insurance sector and economic growth in Morocco using ARDL models and time series data for the period 1980-2017. In the long run, there is cointegration between variables in each model and a significant positive effect of Total insurance premiums and life insurance premiums on real GDP. In the short run, there is a positive and significant effect of non-life insurance premiums on economic growth versus a negative effect of life insurance premiums. Granger causality test supports the supply-leading hypothesis by showing a unidirectional causal relationship running from insurance towards economic growth.https://www.asjp.cerist.dz/en/downArticle/196/6/1/115486ardl modelscointegrationinsurance premiumsgranger causality testsupply-leading hypothesis |
| spellingShingle | Abdelaali MOULOUDI Fethi BENLADGHAM The Relationship Between Insurance Sector and Economic Growth In Morocco: An ARDL Approach مجلة البشائر الاقتصادية ardl models cointegration insurance premiums granger causality test supply-leading hypothesis |
| title | The Relationship Between Insurance Sector and Economic Growth In Morocco: An ARDL Approach |
| title_full | The Relationship Between Insurance Sector and Economic Growth In Morocco: An ARDL Approach |
| title_fullStr | The Relationship Between Insurance Sector and Economic Growth In Morocco: An ARDL Approach |
| title_full_unstemmed | The Relationship Between Insurance Sector and Economic Growth In Morocco: An ARDL Approach |
| title_short | The Relationship Between Insurance Sector and Economic Growth In Morocco: An ARDL Approach |
| title_sort | relationship between insurance sector and economic growth in morocco an ardl approach |
| topic | ardl models cointegration insurance premiums granger causality test supply-leading hypothesis |
| url | https://www.asjp.cerist.dz/en/downArticle/196/6/1/115486 |
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