Study of the impact of Public Debt on Moroccan Economic Growth: ARDL model

Authors

  • Khalid Achibane National School of Business and Management of kenitra, Ibn tofail University kenitra, Morocco

Keywords:

ARDL Model, Government debt, Economic Growth, Debt Crisis

Abstract

There are a number of theoretical arguments that lead to the conclusion that an increase in the public debt ratio could lead to a reduction in growth due to a crowding-out effect of productive investment and the relative inefficiency of the State in the use of its resources. However, no argument is really convincing because, as usual in economics, theory does not provide a definitive answer.

The objective of this article is to study the impact of Morocco's total government debt on economic growth. We will estimate an ARDL model (Auto Regressive Distributed Lag model), which is part of the class of dynamic models, and which makes possible to capture the temporal effects (adjustment time, anticipations, etc.) in the explanation of a variable.

 

 

JEL classification: H10, H60, O40

Paper Type: Empirical Research

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Published

2021-11-29

How to Cite

Achibane, K. (2021). Study of the impact of Public Debt on Moroccan Economic Growth: ARDL model. International Journal of Accounting, Finance, Auditing, Management and Economics, 2(6-1), 460–472. Retrieved from https://ijafame.org/index.php/ijafame/article/view/315

Issue

Vol. 2 No. 6-1 (2021): November

Section

Articles

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