Energy intensity and industrialization in Cameroon

Gael Fokam, Christelle Mapa and Mathurin Issabe
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Gael Fokam: Faculty of Economics and Management, University of Dschang, Dschang, Cameroon
Christelle Mapa: Faculty of Economics and Management, University of Dschang, Dschang, Cameroon
Mathurin Issabe: Faculty of Economics and Management, University of Dschang, Dschang, Cameroon

International Journal of Research and Innovation in Social Science, 2021, vol. 5, issue 11, 57-67

Abstract: This paper assesses the effect of energy intensity on industrialization in Cameroon over the period 1980-2020. The energy sector plays an essential role in economic prosperity and development. Energy consumption is an integral part of the growth process of any economy, whether it is an industrialized or a developing country. We estimate a panel data model using the Econometrics-Autoregressive Distributed Lag (ARDL) method. Our results show that at all levels of estimation of both long-run and short-run co integration tests, energy intensity does not favor the industrialization process in Cameroon. This leaves an important policy implication for Cameroon’s stakeholders, namely that they can focus on research and development to encourage investment in the development of new energy sources, increase energy intensity and stimulate economic growth.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:bcp:journl:v:5:y:2021:i:11:p:57-67

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