Economic valuation of local cultural festivals and their contribution to territorial development in Morocco

Authors

  • Elias GHARBAOUI Faculty of Law, Economics and Social Sciences of salé, Mohamed V University, Rabat, Morocco
  • Taoufik DAGHRI Faculty of Law, Economics and Social Sciences of Salé, Mohamed V University, Rabat, Morocco

Keywords:

Cultural festivals, Cultural economics, Territorial development, Intangible cultural heritage, Morocco

Abstract

This article offers an economic analysis of local cultural festivals and their contribution to territorial development in Morocco.

This research highlights three major pillars: Firstly, the direct and indirect impacts of cultural festivals, resulting from the cooperation of various agents, take on economic, social, and cultural dimensions. Secondly, the enhancement of intangible and cultural heritage within the framework of a strategy to preserve our traditions through festivals. Thirdly, the social and community dimension of these events which translates into pride and local and territorial representation.

All while identifying the limitations of these festivals, such as the geographical concentration in large cities, the environmental impact, and sometimes restricted access to culture for a category of people in precarious situations.

 

Classification JEL : R11, Z11, Z10

Paper Type : Theoretical Research   

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Published

2026-01-03

How to Cite

GHARBAOUI, E., & DAGHRI, T. (2026). Economic valuation of local cultural festivals and their contribution to territorial development in Morocco. International Journal of Accounting, Finance, Auditing, Management and Economics, 6(13), 424–434. Retrieved from https://ijafame.org/index.php/ijafame/article/view/2242

Issue

Vol. 6 No. 13 (2025)

Section

Articles

License

Copyright (c) 2026 Elias GHARBAOUI, Taoufik DAGHRI

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