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

• Main Authors: Archimède MBOGNING GENANG, Fidoline NGO NONGA, Precillia IJANG TATA NGOME
• Format: Article
• Language: English
• Published: Journal of Smart Economic Growth 2020-12-01
• Series: Journal of Smart Economic Growth
• Online Access: https://jseg.ro/index.php/jseg/article/view/94

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.