An Attempt of Determining Some Characteristics of the Moroccan Productive System
DOI:
https://doi.org/10.22158/jepf.v8n3p72Abstract
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.
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Copyright (c) 2022 Ahmed Oulad El Fakir

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