MEASURING THE EFFECT OF PUBLIC SPORTS SPENDING ON ECONOMIC GROWTH IN MOROCCO

Cite as
Brahim ELOTMANI, & Hamdi ELKHORCHI. (2022). MEASURING THE EFFECT OF PUBLIC SPORTS SPENDING ON ECONOMIC GROWTH IN MOROCCO. Revue Economie Et Société, 1(2), 135–148. https://doi.org/10.5281/zenodo.7064944
Brahim ELOTMANI
PHD STUDENT
IBN TOUFAIL UNIVERSITY FACULTY OF ECONOMICS AND MANAGEMENT, KENITRA
Hamdi ELKHORCHI
PHD STUDENT
IBN ZOHR UNIVERSITY, FACULTY OF LAW, ECONOMICS AND SOCIAL SCIENCES, AGADIR

ABSTRACT                                                      

In this work, we examine the link that may exist between public sports spending and economic growth. In this paper, we adopt time series to measure using Vector Error Correction Models (VMCE) by Johansen’s one-step approach, the functional relationship between public budget spending on sport and growth in sport. The results of the estimation of the three VMCE models, we noted the existence of a long-term relationship between public sports expenditure and the Real Gross Domestic Product (RGDP) in Morocco. In fact, general expenses (DGS), operations (DFS) and investments (DIS) in sports have a significant long-term effect on the national RGDP. As for the short-term relationship, we note that all the sports expenditure variables (DGS, DFS and DIS) have no significant short-term effect on Moroccan RGDP.

Keywords: Sport Public expenditure, economic growth, GDP, Error Correction Model

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