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Determinants of Manufacturing Value Added in Morocco
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Journal Article
Determinants of Manufacturing Value Added in Morocco
2025
Overview
The issue of structural transformation is understood as a process of export diversification and sophistication. In fact, a country's ability to shift its production towards more complex manufactured products largely depends on how closely its current productive capacities align with those required to produce these goods. The objective of this study is to analyze the determinants of value added in Morocco's industrial sector throughout the structural transformation process. We applied the ARDL (Autoregressive Distributed Lag) estimation method over the period from 1995 to 2022. The results confirm the decisive role of technology in the evolution of economic systems and emphasize the importance of physical capital for a high-performing manufacturing sector capable of competing globally. Furthermore, the analysis reveals that a country's level of economic complexity influences the development trajectory of its manufacturing sector. Therefore, this study is crucial for designing an industrial policy aimed at enhancing Morocco's participation in value creation within global value chains.
Publisher
المعهد العربي للتخطيط,Arab Planning Institute
Subject
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