Volume 9, Issue 2, November 2014, Pages 968–973
El Mehdi Ferrouhi1 and Abderrassoul Lehadiri2
1 Mohammed V Agdal University, Faculty of law and economics, Rabat, Morocco
2 Mohammed V Agdal University, Faculty of law and economics, Rabat, Morocco
Original language: English
Copyright © 2014 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
The present paper examines the existence or not of long run relationship between bank-specific and macroeconomic variables and savings in Moroccan banks using cointegration approach and aims to identify the determinants of Moroccan banks' savings. We first use Augmented Dickey Fuller (DICKEY and FULLER, 1979) test and PHILLIPS-PERON (PP) unit root test to test the stationary. As all the variables are integrated of the order 1, we apply JOHANSEN JUSELIUS cointegration test to test the cointagration and to evaluate the existence of long-run relationship between the variables. The presence of cointegration between deposits and others variables provide evidence that these variables share a long-run relationship. Therefore, it concludes that there is a long run equilibrium governing the relationship among the variables.
Author Keywords: Savings, Moroccan banks, cointegration modeling approach.
El Mehdi Ferrouhi1 and Abderrassoul Lehadiri2
1 Mohammed V Agdal University, Faculty of law and economics, Rabat, Morocco
2 Mohammed V Agdal University, Faculty of law and economics, Rabat, Morocco
Original language: English
Copyright © 2014 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Abstract
The present paper examines the existence or not of long run relationship between bank-specific and macroeconomic variables and savings in Moroccan banks using cointegration approach and aims to identify the determinants of Moroccan banks' savings. We first use Augmented Dickey Fuller (DICKEY and FULLER, 1979) test and PHILLIPS-PERON (PP) unit root test to test the stationary. As all the variables are integrated of the order 1, we apply JOHANSEN JUSELIUS cointegration test to test the cointagration and to evaluate the existence of long-run relationship between the variables. The presence of cointegration between deposits and others variables provide evidence that these variables share a long-run relationship. Therefore, it concludes that there is a long run equilibrium governing the relationship among the variables.
Author Keywords: Savings, Moroccan banks, cointegration modeling approach.
How to Cite this Article
El Mehdi Ferrouhi and Abderrassoul Lehadiri, “Savings Determinants of Moroccan banks: A cointegration modeling approach,” International Journal of Innovation and Applied Studies, vol. 9, no. 2, pp. 968–973, November 2014.
