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Assessment of Trade Potential of Senegal and Morocco
Faculté des Sciences Economiques et de Gestion (FASEG), Université Cheikh Anta DIOP, Dakar, Senegal
- 1 Faculté des Sciences Economiques et de Gestion (FASEG), Université Cheikh Anta DIOP, Dakar, Senegal
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Abstract
Senegal and Morocco have significant advantages to develop bilateral trade. Trade between the two countries is in favor of Morocco. The estimation of the trade potential of the two countries based on an augmented gravity model reveals that this potential is underexploited vis-à-vis African trade partners and other parts of the World (Europe, Asia, and Latin America). The trade performances of Senegal and Morocco should be improved through the implementation of a supply policy and targeted support to exporting firms.
KeywordsTrade PotentialExportImportGravity Model
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