Outmane Soussi Noufail | UNIVERSITE MOHAMED V RABAT (original) (raw)

Papers by Outmane Soussi Noufail

Research paper thumbnail of A Theoretical Model for Understanding the Relationship between Economic Intelligence and Artificial Intelligence : Exploring Connections for Decision-Making in Financial Organisation

IEEE, 2023

This research work has attempted to trace the relationship between economic intelligence (EI) and... more This research work has attempted to trace the relationship between economic intelligence (EI) and artificial intelligence (AI) by applying an epistemological approach based on the theoretical model known as action research (AR). Using the action-research paradigm, it would be possible to conduct empirical studies based on questionnaires involving researchers, business intelligence practitioners and AI experts. This study could aim to understand how AI can be used to strengthen the capabilities of the economic intelligence system and improve strategic decision-making within financial organizations.

Research paper thumbnail of The role of the information content of the Moroccan treasury securities real yield curve in forecasting the future economic situation in Morocco

Research Square (Research Square), Mar 14, 2024

Research paper thumbnail of Vitesse de circulation monétaire et son implication sur la demande de monnaie au Maroc

Zenodo (CERN European Organization for Nuclear Research), Aug 23, 2023

Research paper thumbnail of Role of the information content of the Moroccan treasury securities real yield curve in forecasting the future economic situation in Morocco

International Journal of Accounting, Finance, Auditing, Management and Economics, 2024

This study aims to investigate the role of the slope of the real interest rate curve of treasury ... more This study aims to investigate the role of the slope of the real interest rate curve of treasury securities in predicting the future economic situation in Morocco. Economic theory suggests that the slope of rates can be explained by three factors: the effects of monetary policy, expectations of monetary policy, and the intertemporal smoothing of consumption. Our theoretical model focuses on the latter explanation, suggesting that households aim to maintain a constant level of consumption, regardless of fluctuations in interest rates and the economic situation. To examine this relationship, we constructed a regression model that includes several lagged financial and/or monetary explanatory variables, such as real interest rates. This analysis utilizes quarterly data from 2007 to 2023. Our results underscore the importance of the information embedded in the structure of real interest rates, particularly the spread of real interest rates, for analyzing and forecasting future economic growth in Morocco.

Research paper thumbnail of EXAMINING THE ROBUSTNESS OF FACTORIAL TECHNIQUES APPLIED TO SURVEY DATA

International Journal on Optimization and Applications, 2023

This article delves into the use of factor analysis with survey data, highlighting its robustness... more This article delves into the use of factor analysis with survey data, highlighting its robustness under diverse conditions unique to survey research. It investigates the performance of these techniques in practical scenarios, especially when confronted with challenges, aiming to ascertain their ability to consistently and accurately analyze survey data, despite its complexity. This study seeks to enhance the practical application of these methods and guarantee meaningful outcomes. Additionally, it addresses the critical aspect of the reliability of measurement instruments in this context.

Research paper thumbnail of Economic Intelligence and Scientific Innovation: A Synergy Model for Competitiveness and Sustainability

Revue Internationale de la Recherche Scientifique, 2024

In today's fiercely competitive economic landscape, economic intelligence (EI) and scientific inn... more In today's fiercely competitive economic landscape, economic intelligence (EI) and scientific innovation have emerged as pivotal drivers for enhancing competitiveness and ensuring the longevity of organizations. This research delves into the intertwined nature of economic intelligence and scientific innovation, emphasizing how EI offers strategic insights to steer scientific research, while scientific innovation enriches economic intelligence with real-world data and specialized expertise. This synergy fosters a deeper comprehension of the competitive milieu, stimulates innovation, and facilitates well-informed strategic choices, ultimately bolstering competitiveness and fostering the sustainability of organizations.
This is an open access article under the CC BY-NC-ND license.

Research paper thumbnail of Vitesse de circulation monétaire et son implication sur la demande de monnaie au Maroc

International Journal of Accounting, Finance, Auditing, Management and Economics, 2023

Ce travail a pour objectif de proposer un modèle permettant d’estimer la vitesse de circulation m... more Ce travail a pour objectif de proposer un modèle permettant d’estimer la vitesse de circulation monétaire au Maroc. Ce concept est étroitement lié aux implications de l’estimation de la stabilité de la demande de monnaie. D'un point de vue théorique, cette relation est définie dans le contexte de la théorie monétariste, prenant la forme d'une équation qui lie la quantité des encaisses réelles possédées par le public à une variable d'échelle ainsi qu'au coût d'opportunité associé à cette possession. Cette investigation est appliquée sur des données trimestrielles couvrant la période du premier trimestre de l’année 2007 jusqu’au dernier trimestre de l’année 2020. Les estimations ont été basées sur plusieurs équations (hypothèses), notamment celle qui mesure la demande de monnaie dans le long terme, et sa dynamique dans le court terme et celle qui capte une estimation empirique de la vitesse de circulation de monnaie. Les résultats confirment qu’il existe certes une relation de cointégration dans l’équation de la demande de monnaie et que la parité des coefficients de long terme n’est pas rejetée, ce qui rend l’estimation de la vitesse
de monnaie possible. Dans ce cas, les résultats affirment que les écarts des taux courts et longs peuvent approximer le coût d’opportunité de la détention de monnaie, ce qui rend la vitesse de réaction élevée.

Research paper thumbnail of Projet de développement

projet de développement, 2015

Projet de développement d'une division

Research paper thumbnail of Structural Transformation and Productivity Growth in Morocco

Proceedings of the 3rd South American International Industrial Engineering and Operations Management Conference, Asuncion, Paraguay, 2022

This paper presents an analysis of structural transformation in Morocco and its contribution to p... more This paper presents an analysis of structural transformation in Morocco and its contribution to productivity growth over the period 1990 to 2018 and highlights two major findings. The first is that there has been an increase in agricultural productivity that has been accompanied by a reallocation of labor to the service sector, particularly trade services. This situation reflects sectoral mobility between activities with low requirements in terms of specific skills, or what is called a structural transformation without industrialization. Moreover, it turns out that the main driver of labor productivity gains is intra-sectoral dynamics; indeed, the contribution of structural change to productivity growth accounts for only about a quarter of these productivity gains.

Research paper thumbnail of Principal Component Analysis applied to survey data: Methodological aspects and application

International Journal on Optimization and Applications, 2022

The objective of this paper is to highlight the methodology of principal component analysis. It i... more The objective of this paper is to highlight the methodology of principal component analysis. It is a branch of multivariate descriptive statistics that allows for the simultaneous processing of any number of quantitative data. Firstly, it is interesting to review the different methods used for the construction of the questionnaire and the necessary steps for its elaboration. Secondly, the techniques used can be generalised to two complementary analyses: reliability analysis and dimensionality analysis. Secondly, the focus will be on assessing the internal consistency of the scales. It is therefore appropriate to consider principal component analysis as an extremely powerful tool for synthesising the information contained in the various data to have a representation that allows easier interpretation.

Research paper thumbnail of The Determinants of the Probability of Entrenchment in Unlisted Moroccan Family Businesses (Application of Univariate Binary Models with Normal and Logistic Residues)

International Journal of Economics and Finance, 2014

Research paper thumbnail of Impacts directs et indirects du capital immatériel sur la richesse des pays développés et en développement

Revue D’Etudes de management et Finance d'organisations, 2017

Une question essentielle se pose aujourd’hui dans une economie de plus en plus dependante du savo... more Une question essentielle se pose aujourd’hui dans une economie de plus en plus dependante du savoir et de l’innovation : quel est l’impact de cette nouvelle economie sur la richesse des economies. Le capital immateriel est devenu la cle principale d’evaluer la performance economique et la croissance des pays. Ce travail trace les effets directs et indirects du capital immateriel sur la richesse globale des economies mondiales, en se basant sur les donnees de la banque mondiale pour un panel de 153 pays developpes et en developpement. Differents canaux de transmissions ont ete observes a travers les resultats des estimations de l’equation de croissance de Barro et sala-i-Martin. En particulier, l’investissement en education, le developpement du marche financier et le controle de la croissance demographique. Les resultats affirment que l’investissement interieur fixe a un effet significatif sur le capital immateriel et la richesse des pays developpes et en developpement.

Research paper thumbnail of Commerce extérieur et croissance économique

Research paper thumbnail of DATING THE GROWTH CYCLE OF MOROCCO AND ITS SYNCHRONIZATION WITH THE CYCLES OF THE MAIN TRADING PARTNERS

51st International Scientific Conference on Economic and Social Development, 2019

This work analyses the characteristics of the Moroccan growth cycle and the degree of synchroniza... more This work analyses the characteristics of the Moroccan growth cycle and the degree of synchronization of it with those of France, Spain and the European Union. Two models are used for dating series: a model based on parametric methods, and another of non-parametric type. The results identify that in the short and medium term, three cycles illustrate the impact of cyclical factors on national growth. The study of synchronization with partner countries shows that the deadlines differ from one period to another, it is stronger during the recent periods of the study. In addition, over the period studied, the results also indicate that after 2011 the Moroccan economic cycle registered a greater agreement with the growth cycle of the Spanish economy than with that of the French economy.

Research paper thumbnail of Potential Areas for Investment in Morocco. An Analysis using Inputs-Outputs Model

Advances in Management & Applied Economics

During the 1990s Morocco implemented a series of major institutional and economic reforms that ma... more During the 1990s Morocco implemented a series of major institutional and economic reforms that made the country politically stable and helped it to withstand the destabilizing effects of the Arab Spring. Political reforms resulted in the adoption of a new constitution in 2011, was followed by initiatives to improve justice, public administration, the fight against corruption, and to strengthen governance, transparency and ethics in public life. The country also embarked on a regionalization of public policies and decentralization of administration to ensure an integrated and durable regional development. This reform momentum was further emphasized by the King of Morocco when in his 2019 throne speech he stressed that "… the stake is thus to rebuild a strong and competitive economy, by encouraging the private initiative, while launching new productive investment plans and by creating new job opportunities…".

Research paper thumbnail of Développement agricole et industrialisation

Research paper thumbnail of IMPACTS DIRECTS ET INDIRECTS DU CAPITAL IMMATÉRIEL SUR LA RICHESSE DES PAYS DÉVELOPPÉS ET EN DÉVELOPPEMENT

Research paper thumbnail of La canalisation des rendements du marché financier par la politique monétaire

Research paper thumbnail of Impact de la politique monétaire sur la courbe des taux d’intérêt et sur le marché boursier : Cas du Maroc

Research paper thumbnail of Transmission de la politique monétaire vers le marché financier marocain, quelle interaction ?

Research paper thumbnail of A Theoretical Model for Understanding the Relationship between Economic Intelligence and Artificial Intelligence : Exploring Connections for Decision-Making in Financial Organisation

IEEE, 2023

This research work has attempted to trace the relationship between economic intelligence (EI) and... more This research work has attempted to trace the relationship between economic intelligence (EI) and artificial intelligence (AI) by applying an epistemological approach based on the theoretical model known as action research (AR). Using the action-research paradigm, it would be possible to conduct empirical studies based on questionnaires involving researchers, business intelligence practitioners and AI experts. This study could aim to understand how AI can be used to strengthen the capabilities of the economic intelligence system and improve strategic decision-making within financial organizations.

Research paper thumbnail of The role of the information content of the Moroccan treasury securities real yield curve in forecasting the future economic situation in Morocco

Research Square (Research Square), Mar 14, 2024

Research paper thumbnail of Vitesse de circulation monétaire et son implication sur la demande de monnaie au Maroc

Zenodo (CERN European Organization for Nuclear Research), Aug 23, 2023

Research paper thumbnail of Role of the information content of the Moroccan treasury securities real yield curve in forecasting the future economic situation in Morocco

International Journal of Accounting, Finance, Auditing, Management and Economics, 2024

This study aims to investigate the role of the slope of the real interest rate curve of treasury ... more This study aims to investigate the role of the slope of the real interest rate curve of treasury securities in predicting the future economic situation in Morocco. Economic theory suggests that the slope of rates can be explained by three factors: the effects of monetary policy, expectations of monetary policy, and the intertemporal smoothing of consumption. Our theoretical model focuses on the latter explanation, suggesting that households aim to maintain a constant level of consumption, regardless of fluctuations in interest rates and the economic situation. To examine this relationship, we constructed a regression model that includes several lagged financial and/or monetary explanatory variables, such as real interest rates. This analysis utilizes quarterly data from 2007 to 2023. Our results underscore the importance of the information embedded in the structure of real interest rates, particularly the spread of real interest rates, for analyzing and forecasting future economic growth in Morocco.

Research paper thumbnail of EXAMINING THE ROBUSTNESS OF FACTORIAL TECHNIQUES APPLIED TO SURVEY DATA

International Journal on Optimization and Applications, 2023

This article delves into the use of factor analysis with survey data, highlighting its robustness... more This article delves into the use of factor analysis with survey data, highlighting its robustness under diverse conditions unique to survey research. It investigates the performance of these techniques in practical scenarios, especially when confronted with challenges, aiming to ascertain their ability to consistently and accurately analyze survey data, despite its complexity. This study seeks to enhance the practical application of these methods and guarantee meaningful outcomes. Additionally, it addresses the critical aspect of the reliability of measurement instruments in this context.

Research paper thumbnail of Economic Intelligence and Scientific Innovation: A Synergy Model for Competitiveness and Sustainability

Revue Internationale de la Recherche Scientifique, 2024

In today's fiercely competitive economic landscape, economic intelligence (EI) and scientific inn... more In today's fiercely competitive economic landscape, economic intelligence (EI) and scientific innovation have emerged as pivotal drivers for enhancing competitiveness and ensuring the longevity of organizations. This research delves into the intertwined nature of economic intelligence and scientific innovation, emphasizing how EI offers strategic insights to steer scientific research, while scientific innovation enriches economic intelligence with real-world data and specialized expertise. This synergy fosters a deeper comprehension of the competitive milieu, stimulates innovation, and facilitates well-informed strategic choices, ultimately bolstering competitiveness and fostering the sustainability of organizations.
This is an open access article under the CC BY-NC-ND license.

Research paper thumbnail of Vitesse de circulation monétaire et son implication sur la demande de monnaie au Maroc

International Journal of Accounting, Finance, Auditing, Management and Economics, 2023

Ce travail a pour objectif de proposer un modèle permettant d’estimer la vitesse de circulation m... more Ce travail a pour objectif de proposer un modèle permettant d’estimer la vitesse de circulation monétaire au Maroc. Ce concept est étroitement lié aux implications de l’estimation de la stabilité de la demande de monnaie. D'un point de vue théorique, cette relation est définie dans le contexte de la théorie monétariste, prenant la forme d'une équation qui lie la quantité des encaisses réelles possédées par le public à une variable d'échelle ainsi qu'au coût d'opportunité associé à cette possession. Cette investigation est appliquée sur des données trimestrielles couvrant la période du premier trimestre de l’année 2007 jusqu’au dernier trimestre de l’année 2020. Les estimations ont été basées sur plusieurs équations (hypothèses), notamment celle qui mesure la demande de monnaie dans le long terme, et sa dynamique dans le court terme et celle qui capte une estimation empirique de la vitesse de circulation de monnaie. Les résultats confirment qu’il existe certes une relation de cointégration dans l’équation de la demande de monnaie et que la parité des coefficients de long terme n’est pas rejetée, ce qui rend l’estimation de la vitesse
de monnaie possible. Dans ce cas, les résultats affirment que les écarts des taux courts et longs peuvent approximer le coût d’opportunité de la détention de monnaie, ce qui rend la vitesse de réaction élevée.

Research paper thumbnail of Projet de développement

projet de développement, 2015

Projet de développement d'une division

Research paper thumbnail of Structural Transformation and Productivity Growth in Morocco

Proceedings of the 3rd South American International Industrial Engineering and Operations Management Conference, Asuncion, Paraguay, 2022

This paper presents an analysis of structural transformation in Morocco and its contribution to p... more This paper presents an analysis of structural transformation in Morocco and its contribution to productivity growth over the period 1990 to 2018 and highlights two major findings. The first is that there has been an increase in agricultural productivity that has been accompanied by a reallocation of labor to the service sector, particularly trade services. This situation reflects sectoral mobility between activities with low requirements in terms of specific skills, or what is called a structural transformation without industrialization. Moreover, it turns out that the main driver of labor productivity gains is intra-sectoral dynamics; indeed, the contribution of structural change to productivity growth accounts for only about a quarter of these productivity gains.

Research paper thumbnail of Principal Component Analysis applied to survey data: Methodological aspects and application

International Journal on Optimization and Applications, 2022

The objective of this paper is to highlight the methodology of principal component analysis. It i... more The objective of this paper is to highlight the methodology of principal component analysis. It is a branch of multivariate descriptive statistics that allows for the simultaneous processing of any number of quantitative data. Firstly, it is interesting to review the different methods used for the construction of the questionnaire and the necessary steps for its elaboration. Secondly, the techniques used can be generalised to two complementary analyses: reliability analysis and dimensionality analysis. Secondly, the focus will be on assessing the internal consistency of the scales. It is therefore appropriate to consider principal component analysis as an extremely powerful tool for synthesising the information contained in the various data to have a representation that allows easier interpretation.

Research paper thumbnail of The Determinants of the Probability of Entrenchment in Unlisted Moroccan Family Businesses (Application of Univariate Binary Models with Normal and Logistic Residues)

International Journal of Economics and Finance, 2014

Research paper thumbnail of Impacts directs et indirects du capital immatériel sur la richesse des pays développés et en développement

Revue D’Etudes de management et Finance d'organisations, 2017

Une question essentielle se pose aujourd’hui dans une economie de plus en plus dependante du savo... more Une question essentielle se pose aujourd’hui dans une economie de plus en plus dependante du savoir et de l’innovation : quel est l’impact de cette nouvelle economie sur la richesse des economies. Le capital immateriel est devenu la cle principale d’evaluer la performance economique et la croissance des pays. Ce travail trace les effets directs et indirects du capital immateriel sur la richesse globale des economies mondiales, en se basant sur les donnees de la banque mondiale pour un panel de 153 pays developpes et en developpement. Differents canaux de transmissions ont ete observes a travers les resultats des estimations de l’equation de croissance de Barro et sala-i-Martin. En particulier, l’investissement en education, le developpement du marche financier et le controle de la croissance demographique. Les resultats affirment que l’investissement interieur fixe a un effet significatif sur le capital immateriel et la richesse des pays developpes et en developpement.

Research paper thumbnail of Commerce extérieur et croissance économique

Research paper thumbnail of DATING THE GROWTH CYCLE OF MOROCCO AND ITS SYNCHRONIZATION WITH THE CYCLES OF THE MAIN TRADING PARTNERS

51st International Scientific Conference on Economic and Social Development, 2019

This work analyses the characteristics of the Moroccan growth cycle and the degree of synchroniza... more This work analyses the characteristics of the Moroccan growth cycle and the degree of synchronization of it with those of France, Spain and the European Union. Two models are used for dating series: a model based on parametric methods, and another of non-parametric type. The results identify that in the short and medium term, three cycles illustrate the impact of cyclical factors on national growth. The study of synchronization with partner countries shows that the deadlines differ from one period to another, it is stronger during the recent periods of the study. In addition, over the period studied, the results also indicate that after 2011 the Moroccan economic cycle registered a greater agreement with the growth cycle of the Spanish economy than with that of the French economy.

Research paper thumbnail of Potential Areas for Investment in Morocco. An Analysis using Inputs-Outputs Model

Advances in Management & Applied Economics

During the 1990s Morocco implemented a series of major institutional and economic reforms that ma... more During the 1990s Morocco implemented a series of major institutional and economic reforms that made the country politically stable and helped it to withstand the destabilizing effects of the Arab Spring. Political reforms resulted in the adoption of a new constitution in 2011, was followed by initiatives to improve justice, public administration, the fight against corruption, and to strengthen governance, transparency and ethics in public life. The country also embarked on a regionalization of public policies and decentralization of administration to ensure an integrated and durable regional development. This reform momentum was further emphasized by the King of Morocco when in his 2019 throne speech he stressed that "… the stake is thus to rebuild a strong and competitive economy, by encouraging the private initiative, while launching new productive investment plans and by creating new job opportunities…".

Research paper thumbnail of Développement agricole et industrialisation

Research paper thumbnail of IMPACTS DIRECTS ET INDIRECTS DU CAPITAL IMMATÉRIEL SUR LA RICHESSE DES PAYS DÉVELOPPÉS ET EN DÉVELOPPEMENT

Research paper thumbnail of La canalisation des rendements du marché financier par la politique monétaire

Research paper thumbnail of Impact de la politique monétaire sur la courbe des taux d’intérêt et sur le marché boursier : Cas du Maroc

Research paper thumbnail of Transmission de la politique monétaire vers le marché financier marocain, quelle interaction ?

Research paper thumbnail of Modèle de régression simple

Cours, 2022

Ce cours est dispensé au profit des étudiants en sciences économique

Research paper thumbnail of Économétrie des séries chronologiques