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240607 ||| eng |
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|a 9798400258411
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100 |
1 |
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|a Balima, Hippolyte
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245 |
0 |
0 |
|a Assessing the Impact of Structural Reforms on Potential Output: The Case of Morocco
|c Hippolyte Balima, Olivier Bizimana, Ananta Dua
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2023
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300 |
|
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|a 34 pages
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653 |
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|a Cross-Country Output Convergence
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653 |
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|a Labour; income economics
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653 |
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|a Potential output
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653 |
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|a Aggregate Productivity
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653 |
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|a Fiscal Policy
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653 |
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|a Cost
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653 |
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|a Capital and Total Factor Productivity
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653 |
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|a Production
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653 |
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|a Industrial productivity
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653 |
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|a Aggregate Labor Productivity
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653 |
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|a Intangible Capital
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653 |
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|a Production; Economic theory
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653 |
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|a Labor
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653 |
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|a Economics of specific sectors
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653 |
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|a Macroeconomics: Production
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653 |
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|a Currency crises
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653 |
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|a Forecasting and Other Model Applications
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653 |
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|a Macroeconomics
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653 |
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|a Measurement of Economic Growth
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653 |
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|a Capacity
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653 |
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|a Institutions and Growth
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653 |
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|a Capital
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653 |
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|a Labor Standards: Labor Force Composition
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653 |
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|a Employment
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653 |
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|a Forecasting and Simulation: Models and Applications
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653 |
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|a Structural reforms
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653 |
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|a Economic & financial crises & disasters
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653 |
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|a Investment
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653 |
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|a Economics: General
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653 |
|
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|a Unemployment
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653 |
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|a Macrostructural analysis
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653 |
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|a Informal sector; Economics
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653 |
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|a Aggregate Human Capital
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653 |
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|a Total factor productivity
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653 |
|
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|a Labor force participation
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653 |
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|a Institutions and the Macroeconomy
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653 |
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|a Labor market
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653 |
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|a Wages
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653 |
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|a Intergenerational Income Distribution
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653 |
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|a Production growth
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653 |
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|a Production and Operations Management
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700 |
1 |
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|a Bizimana, Olivier
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700 |
1 |
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|a Dua, Ananta
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041 |
0 |
7 |
|a eng
|2 ISO 639-2
|
989 |
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|b IMF
|a International Monetary Fund
|
490 |
0 |
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|a IMF Working Papers
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028 |
5 |
0 |
|a 10.5089/9798400258411.001
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856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/001/2023/222/001.2023.issue-222-en.xml?cid=540981-com-dsp-marc
|x Verlag
|3 Volltext
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082 |
0 |
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|a 330
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520 |
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|a This paper assesses Morocco’s potential output and the scope for structural reforms to reverse the downward trend in economic performance observed since the Global Financial Crisis. Using multivariate filtering (MVF) techniques, our analysis finds that the downward secular trend in potential growth was primarily driven by the decline in the contribution of labor inputs. We then combine production function and general equilibrium model approaches to provide estimates of the potential macroeconomic impact of Morocco’s structural reform agenda. The results suggest that the planned structural reforms could deliver sizable output gains in the medium to long term with reforms that would reduce the large gender gap in Morocco’s labor market yielding the greatest payoffs
|