THE IMPACT OF THE AUTOMOTIVE INDUSTRY ON THE MOROCCAN ECONOMY

Rania Echrigui, Adil Moghar, Mhamed Hamiche

Abstract


This study explains the relationship between the Moroccan automotive industry, employment and gross domestic product GDP, for this reason, a literature review on the subject was conducted, which allowed us to understand the relationship between all variables. After the analysis, the results show that the variables integration order allowed us to apply the error correction model (ECM), in fact, this model confirmed the relationships between the variables, and showed that the automotive industry in Morocco has a significant positive impact on employment and GDP.

JEL: L60; L62

Article visualizations:

Hit counter


Keywords


automotive industry, economic growth, employment, domestic growth /

Full Text:

PDF

References


DynaquestSdnBhd (2002). Update on a section of the Motor Vehicle Report on BSA- Industry Overview, Prospect, Directors and Management.

Smith, Brett and Chen, Yen (2009). The Major Determinants of US Automotive Demand: Factors driving US Automotive Market and Their Implications for Specialty Equipment and Performance Aftermarket Suppliers, Center for Automotive Research.

Babatsou, Christina and Zervas, Efthimios (2011). EU Socioeconomic Indicators and Car Market, World Academy of Science, Engineering and Technology.

Shahabudin, Syed, (2009). Forecasting automobile sales, Management Research News, 32:7, pp. 670-682.

Sydney Ludvigson (1998). The Channel of Monetary Transmission to Demand: Evidence from the Market for Automobile Credit, Journal of Money, Credit and Banking, 30:3, pp. 365-383.

Chifurira, R., Mudhombo, I., Chokobvu, M., and Dubihlela, D. (2014). The Impact of Inflation on the Automobile Sales in South Africa, ISSN 2039-2117, vol. 5, No. 7, pp: 200-207.

Muhammad, F., Hussin, M. Y. M., &Razak, A. A. (2012). Automobile Sales and Macroeconomic Variables: A Pooled Mean Group

Engle, R. F., & Granger, C. W. (1987). Co-integration and error correction: representation, estimation, and testing. Econometrica: journal of the Econometric Society, 251-276.




DOI: http://dx.doi.org/10.46827/ejefr.v5i2.1100

Refbacks

  • There are currently no refbacks.


Copyright (c) 2021 Rania Echrigui, Adil Moghar, Mhamed Hamiche

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

The research works published in this journal are free to be accessed. They can be shared (copied and redistributed in any medium or format) and\or adapted (remixed, transformed, and built upon the material for any purpose, commercially and\or not commercially) under the following terms: attribution (appropriate credit must be given indicating original authors, research work name and publication name mentioning if changes were made) and without adding additional restrictions (without restricting others from doing anything the actual license permits). Authors retain the full copyright of their published research works and cannot revoke these freedoms as long as the license terms are followed.

Copyright © 2016 - 2023. European Journal of Economic and Financial Research (ISSN 2501-9430) is a registered trademark of Open Access Publishing GroupAll rights reserved.

This journal is a serial publication uniquely identified by an International Standard Serial Number (ISSN) serial number certificate issued by Romanian National Library. All the research works are uniquely identified by a CrossRef DOI digital object identifier supplied by indexing and repository platforms. All the research works published on this journal are meeting the Open Access Publishing requirements and standards formulated by Budapest Open Access Initiative (2002), the Bethesda Statement on Open Access Publishing (2003) and  Berlin Declaration on Open Access to Knowledge in the Sciences and Humanities (2003) and can be freely accessed, shared, modified, distributed and used in educational, commercial and non-commercial purposes under a Creative Commons Attribution 4.0 International License. Copyrights of the published research works are retained by authors.