Discussion Paper

No. 2012-59 | November 26, 2012
Key Sectors in the Moroccan Economy: An Application of Input-Output Analysis

Abstract

The exploration of the structural features and sectoral interdependences of and in an economy is fundamental for the understanding of its modes of functioning and of its transformations over time. Input-output analysis is largely used to fulfill this objective. Furthermore, information provided by the Leontief inverse matrix is useful for the identification of key sectors. This identification may guide policy makers in setting an adequate industrial strategy. In this paper, the classification of productive sectors is performed by using the unweighted Rassmussen approach. The ordering of sectors depends on the intensity of their links with other sectors. Two results ought to be highlighted. First, key sectors of the Moroccan economy reduced to two sectors in 2007 instead of four sectors in 1998. Second, the ordering of sectors is highly sensitive to the precision of the data and to the year in which the classification is realized.

JEL Classification

C67 D57

Cite As

Said Tounsi, Elhadj Ezzahid, Aicha El Alaoui, and Abdelaziz Nihou (2012). Key Sectors in the Moroccan Economy: An Application of Input-Output Analysis. Economics Discussion Papers, No 2012-59, Kiel Institute for the World Economy. http://www.economics-ejournal.org/economics/discussionpapers/2012-59

Assessment



Comments and Questions


Anonymous - Reader comment
January 07, 2013 - 11:10

The paper identifies key sectors in the Moroccan economy using the Input-Output methodologie. The unweighted Rassmussen approach has been used for the identification of the productive sectors. It sheds light on the structure of a developing economy. Most importantly, the results can inspire policymakers in setting adequate measures and ...[more]

... incentives for an appropriate industrial strategy.


Jan Oosterhaven, University of Groningen - Reader comment
January 07, 2013 - 11:24

see attached file