{"title":"An Attempt of Determining Some Characteristics of the Moroccan Productive System","authors":"Ahmed Oulad El Fakir","doi":"10.22158/jepf.v8n3p72","DOIUrl":null,"url":null,"abstract":"The purpose of this paper is to determine some characteristics of the production system of the Moroccan economy for a single product (GDP) with annual data from 1999 to 2019. Then, we try to estimate the TFP from a translog production function to compare it with that corresponding to a Cobb-Douglas production function, if possible. The results obtained show the difficulties encountered in these estimations, particularly the multicollinearity between the explanatory variables.","PeriodicalId":73718,"journal":{"name":"Journal of economics and public finance","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2022-08-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of economics and public finance","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.22158/jepf.v8n3p72","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 1
Abstract
The purpose of this paper is to determine some characteristics of the production system of the Moroccan economy for a single product (GDP) with annual data from 1999 to 2019. Then, we try to estimate the TFP from a translog production function to compare it with that corresponding to a Cobb-Douglas production function, if possible. The results obtained show the difficulties encountered in these estimations, particularly the multicollinearity between the explanatory variables.