What Would Make Morocco an Emerging Economy?

2020 ◽  
Vol 8 (6) ◽  
pp. 1-18
Author(s):  
Ahmed Naciri
Keyword(s):  
Economic Development ◽  
Purchasing Power Parity ◽  
Economic Freedom ◽  
Gdp Growth ◽  
Power Parity ◽  
Per Capita Gdp ◽  
Per Capita ◽  
Rich Countries ◽  
Over Time ◽  
Do So

Morocco is steadily progressing toward development and may well join the ranks of rich countries as early as in 2022. We perform least squares regressions on a sample of 12 components of economic freedom, for a total of 375 observations over 25 years (1995-2019). We also consider Morocco’s Gross Domestic Product (GDP) in USD billion, Morocco’s GDP growth as a percentage of change (pcGDP)and Morocco’s per capita GDP based on purchasing power parity (PPP) in USD for the last 25 years. The empirical evidence shows that during this period, Morocco achieved an enviable level of performance by increasing its GDP by 455%, despite the strong demographic pressures exerted by 35% population growth.[1]    However, the country’s performance in relation to some components of its economic freedom was so weak that it may end up jeopardizing this economic development momentum, as expressed by the behaviour of its pcGDP and the increase of this value over time. Morocco must introduce some fundamental changes in its economic freedom policies if it wishes to continue to progress. Fortunately, the country appears to have the determination to do so.   [1]According to the IMF, Morocco’s population grew from 26.7995 million in 1995 to 36.47 million in 2019, an increase of 36%.  

scholarly journals Food Affordability and Economic Growth

TEM Journal ◽  
2020 ◽  
pp. 1571-1579
Author(s):  
Ruslan Mudrak ◽  
Volodymyr Lagodiienko ◽  
Nataliia Lagodiienko ◽  
Vitalii Rybchak
Keyword(s):  
Purchasing Power Parity ◽  
Functional Characteristic ◽  
Alcoholic Beverages ◽  
Power Parity ◽  
Per Capita Gdp ◽  
Food Expenditures ◽  
Per Capita ◽  
Food Affordability ◽  
Constant Prices

The conducted correlation-andregression analysis revealed a close inverse connection between the functional characteristic "share of the expenditures for food and non-alcoholic beverages in the structure of the total expenditures of the households" and the factorial characteristic "GDP per capita by purchasing power parity, at constant prices". The response of the share of food expenditures in the structure of the total expenditures of the households to per capita GDP growth corresponds to the law of diminishing returns. The pattern is manifested in the long-term period.

Evaluation of socio-economic development of voivodships using HDI

2018 ◽  
Vol 63 (3) ◽  
pp. 40-49 ◽  
Author(s):  
Marta Hozer-Koćmiel
Keyword(s):  
Economic Development ◽  
Life Expectancy ◽  
Purchasing Power Parity ◽  
Human Development Index ◽  
Gdp Per Capita ◽  
Power Parity ◽  
Life Expectancy At Birth ◽  
Socio Economic Development ◽  
Per Capita ◽  
Simultaneous Growth

The aim of this article is to examine the level of socio-economic development of voivodships using HDI (Human Development Index), which considers life expectancy at birth, number of years of schooling and GDP per capita in purchasing power parity. The hypothesis about the increase in the level of voivodships development with simultaneous growth of differences between them was formulated. Statistics Poland’s data for the years 1995, 2010, 2013 and 2015 were used in the research. The research showed that HDI was growing systematically for all voivodships in the years 1995-2015 and confirmed the deepening diversification of voivodships in terms of socio-economic development. The most developed were such voivodships as: Mazowieckie, Małopolskie, Wielkopolskie and Dolnośląskie, whereas, the least developed ones were: Lubuskie, Warmińsko-Mazurskie, Podkarpackie and Świętokrzyskie.

scholarly journals Culture and social change: macroanalysis relationship

2017 ◽  
pp. 182-186
Author(s):  
A. E. Khrenov ◽  
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Social Change ◽  
Purchasing Power Parity ◽  
Gdp Per Capita ◽  
Research Culture ◽  
Power Parity ◽  
Development Indicators ◽  
Cultural Conditions ◽  
Per Capita

The author shows the main stages of the research culture infl uence social change. In the spotlight – cultural conditions for successful economic development. The infl uence of the main indicators of culture on economic development indicators (GDP per capita in purchasing power parity and the rate of economic growth).

scholarly journals Do Military Expenditure and Conflict Affect Economic Growth in Sri Lanka? Evidence from the ARDL Bounds Test Approach

2016 ◽  
Vol 8 (3) ◽  
pp. 1
Author(s):  
Abdul Rasheed Sithy Jesmy ◽  
Mohd Zaini Abd Karim ◽  
Shri Dewi Applanaidu
Keyword(s):  
Growth Rate ◽  
Civil War ◽  
Sri Lanka ◽  
Military Expenditure ◽  
Gdp Growth ◽  
Per Capita Gdp ◽  
Long Run ◽  
Gdp Growth Rate ◽  
Per Capita ◽  
Bounds Test

Conflicts in the form of civil war, ethnic tensions and political discord are of enduring concern and a major bottleneck to economic development in Sri Lanka. Three decades of civil war and unethical political culture have caused severe economic problems for the country, including slower rate of growth and a huge defence expenditure. The aim of this study is to examine the effect of military expenditure and conflict on per capita GDP growth rate in Sri Lanka from 1973 to 2014 using the Solow growth model and ARDL bounds test approach. The results of the bounds test are highly significant and lead to cointegration. The negative and significant coefficients of the error correction term illustrate the expected convergence process in the long-run dynamic of per capita GDP. The estimated empirical results show that, the coefficients of military expenditure and conflict are negative and statistically significant in the short-run as well as in the long-run in determining per capita GDP growth rate in Sri Lanka. Hence, it is critically important to take necessary action to decrease military expenditure and provide an efficient political solution to the problem of minorities, specifically in the post-war period.

Railroad Integration and Uneven Development on the European Periphery, 1870–1910

2021 ◽  
Vol 45 (2) ◽  
pp. 261-289
Author(s):  
Eduard J. Alvarez-Palau ◽  
Alfonso Díez-Minguela ◽  
Jordi Martí-Henneberg
Keyword(s):  
Economic Development ◽  
Positive Impact ◽  
Data Set ◽  
Per Capita Gdp ◽  
Catching Up ◽  
Nation States ◽  
Railroad Network ◽  
Per Capita ◽  
European Periphery ◽  
The Relationship

AbstractThis study explores the relationship between railroad integration and regional development on the European periphery between 1870 and 1910, based on a regional data set including 291 spatial units. Railroad integration is proxied by railroad density, while per capita GDP is used as an indicator of economic development. The period under study is of particular relevance as it has been associated with the second wave of railroad construction in Europe and also coincides with the industrialization of most of the continent. Overall, we found that railroads had a significant and positive impact on the growth of per capita GDP across Europe. The magnitude of this relationship appears to be relatively modest, but the results obtained are robust with respect to a number of different specifications. From a geographical perspective, we found that railroads had a significantly greater influence on regions located in countries on the northern periphery of Europe than in other outlying areas. They also helped the economies of these areas to begin the process of catching up with the continent’s industrialized core. In contrast, the regions on the southern periphery showed lower levels of economic growth, with this exacerbating the preexisting divergence in economic development. The expansion of the railroad network in them was unable to homogenize the diffusion of economic development and tended to further benefit the regions that were already industrialized. In most of the cases, the capital effect was magnified, and this contributed to the consolidation of newly created nation-states.

scholarly journals Urban Geographical Economics and per Capita GDP Growth in Romania

2012 ◽  
Vol XV (Issue 3) ◽  
pp. 109-134
Author(s):  
Jesús López-Rodríguez ◽  
Cosmin Bolea-Gabriel
Keyword(s):  
Gdp Growth ◽  
Per Capita Gdp ◽  
Per Capita

scholarly journals Study on the relationship between industrialization level, economic development and environmental pollution in China

2019 ◽  
Vol 7 (6) ◽  
pp. 01-06
Author(s):  
Junran Ma
Keyword(s):  
Economic Development ◽  
Environmental Pollution ◽  
Environmental Kuznets Curve ◽  
Added Value ◽  
Response Analysis ◽  
Kuznets Curve ◽  
Per Capita Gdp ◽  
Per Capita ◽  
Pollution Emissions ◽  
The Relationship

With the development of economy, environmental problems gradually outstanding in China. This article adopts the method of empirical study, have collected the data of China's industrial added value, per capita GDP and emissions of the three major pollutants from 2004 to 2015. The VAR model was established on the basis of the logarithm values of the three factors mentioned above, so as to conduct impulse- response analysis to discuss the relationship between industrialization level, economic development and environmental pollution. The conclusion is as follows: (1) At present, the increase of China's industrial added value can promote the decline of China's environmental pollution emissions to a certain extent; (2) China is now at the left of the turning point of the Environmental Kuznets Curve, and the increase of per capita GDP will aggravate environmental pollution.

The effects of the economic crisis on income convergence in the European Union

2012 ◽  
Vol 62 (2) ◽  
pp. 161-182 ◽  
Author(s):  
Nenad Stanišić
Keyword(s):  
European Union ◽  
Economic Crisis ◽  
Purchasing Power Parity ◽  
Gdp Per Capita ◽  
The European Union ◽  
Income Convergence ◽  
Power Parity ◽  
Trade Theory ◽  
Per Capita

This paper evaluates income convergence in the European Union, between “old” (EU15) and “new” member states from Central and East Europe (CEE10), and among the countries within these two groups. The GDP per capita convergence should be expected according to the exogenous economic growth model and neoclassical trade theory. The presence of σ-convergence and both absolute and conditional β-convergence is tested for on a sample of 25 European Union countries (EU25). Results confirm the existence of β-convergence of GDP per capita at purchasing power parity among EU25, but not among EU15 and CEE10 countries. σ-convergence has been confirmed among EU25 and CEE10 countries, while GDP per capita has been diverging in the EU15 group of countries. Moreover, the results reveal that recent economic crisis has reversed long-term tendencies and led to income convergence within EU15 and divergence within CEE10. During the crisis, the income differences among the EU25 countries have increased, but the scope and duration of this effect has been limited and has not affected the long term convergence path. However, the obtained long term speed of convergence is significantly lower compared with the previous researches.

Abstract 3225: Gross Domestic Product and Health Expenditure Associated with Incidence, 30-Day Fatality and Age at Stroke Onset: A Systematic Review

Stroke ◽  
2012 ◽  
Vol 43 (suppl_1) ◽  
Author(s):  
Luciano Sposato ◽  
Gustavo Saposnik
Keyword(s):  
Socioeconomic Status ◽  
Gross Domestic Product ◽  
Purchasing Power Parity ◽  
Case Fatality ◽  
Population Based ◽  
Stroke Onset ◽  
Power Parity ◽  
Day Case ◽  
Scatter Plots ◽  
Per Capita

Background: Differences in definitions of socioeconomic status (SES) and between study designs hinder their comparability across countries. We aimed to analyze the correlation of three widely used macro-SES indicators with stroke incidence and age at stroke onset. Methods: We selected population-based studies reporting incident stroke risk and/or 30-day case fatality according to pre-specified criteria. We used three macro-SES indicators that are consistently defined by international agencies: per capita gross domestic product adjusted for purchasing power parity (PPP-aGDP), total health expenditures per capita at purchasing power parity (PPP-aTHE) and unemployment rate. We used two-tailed Spearman’s test and scatter-plots for analyzing the correlation of each macro-SES indicator with incident risk of stroke, 30-day case fatality rates, proportion of hemorrhagic strokes and age at stroke onset. Results: Twenty-three manuscripts comprising 30 population-based studies fulfilled the eligibility criteria. Age-adjusted incident risk of stroke using standardized World Health Organization World population, 30-day case fatality rates, proportion of hemorrhagic strokes and age at stroke onset were associated to lower PPP-aGDP and PPP-aTHE ( Table 1 and Figures 2 and 3). There was no correlation between unemployment rates and outcome measures. Table 1. Correlation Analyses of Macro-Indicators of Socioeconomic Status Figures 1. Scatter Plots for PPP-aGDP Figures 2. Scatter Plots for PPP-aTHE Conclusions: Lower PPP-aGDP and PPP-aTHE were associated with higher incident risk of stroke, higher case fatality, greater proportion of hemorrhagic strokes and lower age at stroke onset. As a result, these macro-SES indicators may be used as proxy measures of quality of primary prevention and acute care and considered as important factors for developing strategies aimed at improving worldwide stroke care.

The Impact of Infrastructure on Growth in Developing Countries

2017 ◽  
pp. 40-68 ◽  
Author(s):  
Derya Yılmaz ◽  
Işın Çetin
Keyword(s):  
Developing Countries ◽  
Instrumental Variables ◽  
Dynamic Panel Data ◽  
Gdp Growth ◽  
Per Capita Gdp ◽  
Gdp Growth Rate ◽  
Generating Capacity ◽  
Catch Up ◽  
Per Capita ◽  
The Impact

Infrastructure and growth nexus has been debated in the literature since 1980s. This debate has a vital importance for the sake of developing countries. These countries need to grow faster in order to catch-up their advanced counterparts. Thus, it is important to detect the effect of infrastructure on growth. Bearing in mind this fact, we develop a standard growth regression in this present chapter using per capita GDP growth rate as a dependent variable. Infrastructure is added to the model as an index constructed from the indicators of infrastructure: total electric generating capacity, total telephone lines and the length of road network. We also employ set of instrumental variables comprising 29 developing countries between 1990 and 2014. In order to estimate our dynamic panel data we prefer GMM estimators. According to our empirical analysis, we can claim that infrastructure has a positive and significant impact on growth. But this impact is smaller than the earlier studies predict.

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