Government Expenditure on Rural Development and Economic Growth in Cameroon

Belinga Thierry, Zhou Jun and Hu Guohui
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Belinga Thierry: Wuhan University of Technology, School of Economics, 122 Luoshi Road, 430070, China
Zhou Jun: Wuhan University of Technology, School of Economics, 122 Luoshi Road, 430070, China
Hu Guohui: Wuhan University of Technology, School of Economics, 122 Luoshi Road, 430070, China

International Journal of Innovation and Economic Development, 2017, vol. 3, issue 1, 113-121

Abstract: This paper examines the impact of government investment in rural development on economic growth in Cameroon during the period 2000-2015. After computing the government investment in rural areas using the annual total amount invested in the ministry of Agriculture and Rural Development added to the budget allocated to the ministry of farming, animal and husbandry, we run a regression model with the ordinary least squares method to find that despite the measures taken by the government to improve the socio-economic life of rural people, there is no significant impact of the Rural Investment on the Economic Growth in Cameroon, implying that the government should implement some strategic policies that will enable the rural people to produce more and have a consistent impact on the overall national production growth.

Keywords: Rural Finance; Microfinance; GDP; Agriculture; Government Expenditure. (search for similar items in EconPapers)
JEL-codes: M00 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:mgs:ijoied:v:3:y:2017:i:1:p:113-121

DOI: 10.18775/ijied.1849-7551-7020.2015.31.2007

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