Volume 12, Issue 2, July 2015, Pages 471–490
Hasnaa Bendouz1
1 Economics Department, Mohammed V University Agdal, Rabat, Morocco
Original language: English
Copyright © 2015 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.
This paper proposes an empirical evaluation, starting from Moroccan data, of the impact of financial development on the economic growth. Using the model with error correction, we tried to test the direction of causality (in the short run and long-term) between the financial sphere and the real sphere.
Author Keywords: financial development, financial liberalization, economic growth, Cointegration.
Hasnaa Bendouz1
1 Economics Department, Mohammed V University Agdal, Rabat, Morocco
Original language: English
Copyright © 2015 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
This paper proposes an empirical evaluation, starting from Moroccan data, of the impact of financial development on the economic growth. Using the model with error correction, we tried to test the direction of causality (in the short run and long-term) between the financial sphere and the real sphere.
Author Keywords: financial development, financial liberalization, economic growth, Cointegration.
How to Cite this Article
Hasnaa Bendouz, “Interrelation between Financial Development and Economic Growth in Morocco: Modeling test,” International Journal of Innovation and Applied Studies, vol. 12, no. 2, pp. 471–490, July 2015.
