EVALUATION OF THE ECONOMIC CONTRIBUTION OF HORTICULTURE IN CAMEROON: AN APPROACH USING THE VECTOR ERROR CORRECTION MODEL

Archimède MBOGNING Genang (), Fidoline NGO Nonga () and Precillia IJANG TATA Ngome ()
Additional contact information
Archimède MBOGNING Genang: LAREFA, University of Dschang, P.O. Box 110, Cameroon
Fidoline NGO Nonga: FSEGA, University of Douala, P.O. Box 4032, Cameroon
Precillia IJANG TATA Ngome: Institute of Agricultural Research for Development, P.O. Box 2123, Cameroon

Journal of Smart Economic Growth, 2020, vol. 5, issue 3, 15-35

Abstract: The heterogeneity of the agricultural subsectors leads to a disparity in their economic contributions which can be detrimental to the definition of optimal sectorial policies if it is poorly evaluated or ignored. The objective of this paper is to assess the contribution of the horticultural subsector to Cameroon's economic growth through a relatively innovative approach that combines statistical and econometric analyses. To do so, we mobilize two methods. The first estimates the value added of the horticultural subsector and its weight in GDP. The second analyse the interactions of horticulture with the industrial and services sectors using vector error-correction modelling. The results obtained show that Cameroonian horticulture, although very informal, has a relatively significant positive long-term contribution to the country's growth. However, its influence is greater in the services sector than elsewhere.

Keywords: Horticulture; Economic Growth; Value Added; Gross Domestic Product; VECM model. (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:seg:012016:v:5:y:2020:i:3:p:15-35

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