Agricultural supply response to food price volatility in Cameroon

Gilles Quentin Kane and Isabelle Piot-Lepetit ()
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Isabelle Piot-Lepetit: Marchés, Organisations, Institutions et Stratégies d'Acteurs - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - INRA - Institut National de la Recherche Agronomique - CIHEAM-IAMM - Centre International de Hautes Etudes Agronomiques Méditerranéennes - Institut Agronomique Méditerranéen de Montpellier - CIHEAM - Centre International de Hautes Études Agronomiques Méditerranéennes - Montpellier SupAgro - Institut national d’études supérieures agronomiques de Montpellier

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Abstract: This chapter analyzes the supply response to price and volatility of major staple crops grown by agricultural households in Cameroon. Results from the autoregressive distributed lag (ARDL) bounds testing approach suggest that farmers are not responsive to economic incentives such as prices in short-run. Moreover, results show that producers respond to price volatility by increasing the area under cultivation and reducing investments in improving yields. Such information is of real importance when designing agricultural policies.

Keywords: price volatility; supply response; ARDL bounds testing approach; Cameroon (search for similar items in EconPapers)
Date: 2017
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Published in Cameroon in the 21st Century: Challenges and Prospects. Volume 2: Environment and People, 2, Nova Science Publishers, 2017, African Political, Economic, and Security Issues, 978-1-53612-164-3

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02786829

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