Reducing Food Importation in Sub Saharan Africa: Myth or Reality? Empirical Evidence from Cameroon (1995-2015)

R. F Djomo, U. H. Ukpe, E. N Gama, M. P. Nwalem, I. Onuigbo, D. D. Dzever and T.E. Chancha

No 288319, 2017 Annual NAAE Conference, October 16-19, Abeokuta, Nigeria from Nigerian Association of Agricultural Economists

Abstract: Over the past 15 years, the Government has adopted an economic policy that resulted in a sharp increase in the importation of food items. This massive importation trend had major consequences for the economy. Therefore, this study assessed the determinants of food importation in Cameroon (l 995-2015). Data were collected from secondary sources, analysed using vector error correction model (VECM), variance decomposition and impulse response. The results showed that agricultural production significantly decreased food importation while exchange rate increased food importation in the long run and short run. The result further showed that agricultural production is the most contributing factor to food importation both in the long and short run. It was recommended that taxes on food importation should be increased while exchange rate policy should also be reviewed in order to discourage importation of food into the country.

Keywords: Food; Security; and; Poverty (search for similar items in EconPapers)
Pages: 7
Date: 2017-10
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Persistent link: https://EconPapers.repec.org/RePEc:ags:naae17:288319

DOI: 10.22004/ag.econ.288319

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