A new identification method of economic large shocks in the input–output framework: application to the COVID-19

Journal of Economic Structures

The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Table 1 Moroccan economy growth between 2017 and 2020.

Code	Industries	2017	2018	2019	2020
					Year	Quarters
					Year	T1	T2	T3	T4
A00	Agriculture, forestry and related services	15.2	3.7	− 5.8	− 8.6	− 5.9	− 7.6	− 10.3	− 10.7
B05	Fisheries, aquaculture	− 8.3	− 11.0	8.3	12.7	11.6	10.5	17.3	11.5
C00	Extraction industry	17.1	4.4	2.4	5.0	− 0.5	7.8	4.2	8.8
D01	Food and tobacco industries	3.4	2.4	1.1	1.1	6	− 1.6	− 2.5	2.5
D02	Textile and leather industries	3.5	3.1	3.1	− 10.6	5.5	− 43.3	1.6	− 6.2
D03	Chemical and parachemical industry	4.6	4.5	5.6	8.8	9.1	3.2	13	9.6
D04	Mechanical, metal and electrical industry	2.2	6.7	4.7	− 18.2	− 7.7	− 49.6	− 15.2	− 0.8
D07	Other manufacturing	− 1.6	0.4	0.7	− 7.7	− 3.3	− 21.1	− 3.3	− 3.1
E00	Electricity and water	3.3	5.3	13.2	− 3.1	− 2.6	− 11.5	1.6	0.2
F45	Building and public works	1.8	0.1	1.9	− 3.8	5.8	− 12.4	− 6.7	− 1.9
G00	Trade	3.2	2.3	2.4	− 10.7	0.6	− 25.5	− 10.7	− 7.2
H55	Hotels and restaurants	11.5	6.0	3.7	− 55.9	− 7.6	− 90.6	− 65.8	− 57.7
I01	Transport	3.7	3.7	6.6	− 32.0	− 8.2	− 60.4	− 36.3	− 22.8
I02	Post and telecommunications	0.8	2.8	2.4	− 1.9	0	− 2.7	− 4	− 1
J00	Financial and insurance activities	3.8	3.4	4.0	− 0.6	1	− 0.1	− 1.2	− 2.2
K00	Real estate, rental and business services	3.6	5.3	5.1	− 0.9	6.3	− 8.5	− 2.5	− 1.4
OP0	Other non-financial services	1.0	1.6	2.9	− 7.1	6.3	− 8.5	− 2.5	− 1.4
L75	General public administration and social security	2.4	2.2	5.0	2.3	4.6	4	2.8	− 2.1
MN0	Education, health and social work	− 0.9	0.7	2.4	1.2	0.8	2.7	3.4	− 2.2
Gross Domestic Product (GDP)		4.2	3.1	2.6	− 6.3	0.9	− 14.2	− 6.7	− 5.1

At the quarterly level, the two industries K00 and OP0 are aggregated as "Business and personal services" industry