Theoretical and Applied Economics
No. 3 / 2025 (644), Autumn
Empirical analysis of the relationship between FDI and economic growth in Morocco
Mohammed V University, Morocco
Abstract. This study examines the relationship between Foreign Direct Investment (FDI) and economic growth in Morocco. A VAR model and Granger causality tests, applied to World Bank data (1970–2024), reveal unidirectional causality from FDI to growth: a 1% shock to FDI generates a cumulative 0.3% effect on GDP, confirming FDI’s role as an economic growth determinant. Morocco has enhanced its attractiveness through structural reforms (Tanger Med, the Green Morocco Plan, etc.) and significant sectoral diversification. However, challenges persist: post-Covid vulnerability, reliance on traditional sectors (tourism, phosphates, light industry), and institutional shortcomings. The findings call for strengthening governance, prioritizing technology-driven FDI, and investing in education to maximize spillover effects.
Contents
Development and implementation of an Activity-Based Costing (ABC) model in private Higher Education Institutions (HEI)
Capital, coal, and change: modelling India's energy substitutability with a translog production framework
Unemployment in Ghana: analyzing the asymmetric effects of export processing zones in dealing with the problem
A PRISMA-based systematic literature review on the mismatches between the Romanian higher education system and the labor market needs
Transition effect from deposit and policy interest rates to credit interest rates in Türkiye: detecting asymmetry
The effect of fiscal decentralization and monetary policy on economic resilience in Indonesia: a panel data
The implications of demographic changes on economic performance – a comparative analysis of RO vs EU 27
Pensions under pressure: economic and demographic drivers of Romania’s public retirement system
Productivity shocks, exchange rate and migration: a new open economy macroeconomics approach
Energy vulnerabilities among Europeans in the Ukrainian war context
Empirical analysis of the relationship between FDI and economic growth in Morocco
Climate-driven monetary policy: a new Keynesian DSGE analysis for Ghana
Monitoring the implementation of the Sustainable Development Goals in Romania
Insurance and sustainable structural transformation: Does renewable energy matter?
Natural resources and the price of freedom. A concise analysis of Ukraine’s natural resources and who wins more from their direct exploitation?
Assessing the macroeconomic impact of fiscal deficit in India: evidence from ARDL approach
Non-linearity and market behavior in the Romanian capital market: a rescaled range analysis of BET index
From adversity to triumph: Türkiye's economic resilience and adaptation strategies amidst disasters
Trust at first reply and how AI-language systems alter human trust calibration
The economic value of data. From data to decisions in the public sector