An Attempt of Determining Some Characteristics of the Moroccan Productive System

Ahmed Oulad El Fakir

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.


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DOI: https://doi.org/10.22158/jepf.v8n3p72

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