Déterminants et efficacité des exportations camerounaises des produits agricoles: Une application du modèle de gravité à la frontière stochastique

Determinants and potential of Cameroon’s agricultural product exports: An application of the stochastic frontier gravity model

Bruno Legrand Djontu

MPRA Paper from University Library of Munich, Germany

Abstract: This study aims at evaluating the determinants of trade in agricultural exports products of Cameroon, as well as the level of efficiency and potential of Cameroon with its trading partners. To achieve this goal, a stochastic frontier gravity model is estimated over the period 2000-2017 for a sample of 41 partners. Using the maximum likelihood method, the results show that Cameroon’s GDP, partner population, bilateral exchange rate and sharing of a common colonial history increase exports of agricultural products, unlike preferential trade agreements and Cameroon’s population. Likewise, the hypothesis of the existence of commercial inefficiency is validated. The estimation of the efficiency scores shows that around 76.6% of Cameroon's agricultural export potential remains untapped. These results underscore the importance of developing the agricultural sector and improving Cameroon's trade policies.

Keywords: agricultural exports; gravity model; stochastic frontier; trade efficiency; export potential (search for similar items in EconPapers)
JEL-codes: Q17 (search for similar items in EconPapers)
Date: 2022-08-01, Revised 2022-08-01
New Economics Papers: this item is included in nep-agr, nep-eff and nep-int
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:113959

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