THE RELATIONSHIP BETWEEN ECONOMIC GROWTH, EXPORTS AND IMPORTS IN MOROCCO: AN EMPIRICAL VALIDATION BASED ON VAR MODELING TECHNIQUES AND CAUSALITY IN THE MEANING OF GRANGER

Abstract

This paper analyzes the relationship between economic growth, export and import in Morocco. VAR modeling techniques and Granger causality are used in empirical work. The study showed a causal effect ranging from economic growth in exports. Evidence shows that economic growth favors exports. However, there is no effect that goes for export to growth. In addition, there is no relationship between imports and economic growth.