Econometric Analysis of the influence of market capitalization on economic growth in Morocco

Autor: Abdelmajid El Hajaji, Z. Bel Mkaddem, Nahid Bikhzazen, K. Mokhlis
Jazyk: English<br />Portuguese
Rok vydání: 2024
Předmět:
Zdroj: Boletim da Sociedade Paranaense de Matemática, Vol 42 (2024)
Druh dokumentu: article
ISSN: 0037-8712
2175-1188
DOI: 10.5269/bspm.65779
Popis: This paper presents an economic analysis of the influence of market capitalization on economic growth in Morocco. Indeed, we are trying to diagnose the effect of market capitalization on GDP, on national consumption of households, on the exchange rate, on the unemployment rate, and on the deficit of the trade balance. The evidence shows that market capitalization at Morocco does not influence national household consumption, nor gross domestic product. This econometric result is also confirmed in the long term. However, no causal relationship is found in between gross domestic product does and stock market capitalization in short and long run. at the level of national household consumption, the absence of any kind of causality with market capitalization, As for the relationship of GDP with market capitalization, the absence of any kind of short and long term relationship
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