The aim of the present paper is to analyze the impacts of the upgrading policies adopted by Morocco for almost ten years. We apply the stochastic frontier approach initiated by Battese and Coelli (1995) to a panel of 282 firms from Morocco during the period [1998–2005]. Such parametric...

The purpose of this paper is to empirically investigate the determinants of financial structure in non-listed Moroccan manufacturing firms using a panel data approach. There is a relatively vast body of theory-derived literature relating corporate capital structure to firm and industry...

Researchers’ enthusiasm for estimating industry oligopoly power in developing countries is often not matched with availability of data. Even when available, datasets are often incomplete, inconsistent, too aggregated, and almost always collected by government agencies for purposes different...