Open AccessDoes the Export of Agricultural Products Lead to Economic Growth in Cameroon?
Author(s) -
Younchawou Ngouwouo,
Zenabou Tourere,
Samuel Honoré Ntavoua
Publication year - 2020
Publication title -
ira-international journal of management and social sciences
Language(s) - English
Resource type - Journals
ISSN - 2455-2267
DOI - 10.21013/jmss.v16.n4.p2
Subject(s) - diversification (marketing strategy) , agriculture , order (exchange) , business , agricultural economics , production (economics) , exchange rate , quality (philosophy) , government (linguistics) , economics , international trade , finance , geography , macroeconomics , philosophy , archaeology , marketing , linguistics , epistemology
The purpose of this article is to analyze the impact of agricultural exports such as coffee, cotton and cocoa on economic growth in Cameroon. The main results obtained by the Generalized Moments Method show that the impact of cocoa and coffee exports is negative and that of cotton on economic growth is positive. The export of cocoa, the exchange rate and the stability of agricultural exports are respectively significant. To this end, farmers should be encouraged to form more cooperatives in order to have easy access to finance which permit to increase their production, the government should fund research activities to improve the quality of agricultural products sold abroad in order to be more competitive and finally to promote the strategy of diversification of export products.