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The behaviour of imports in Cameroon: An analysis through the equilibrium and disequilibrium models

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  • Elie NGONGANG

    (Department of Quantitative Techniques University of Yaounde II Cameroon, Faculty of Economics andManagement, Cameroon)

Abstract

We have attempted, in this paper, to evaluate the structure and determinants of the demand for imports in Cameroon at the aggregated and disaggregated levels, using an equilibrium and disequilibrium models. It emerges from econometric estimation that real income, the real exchange rate and the variable capacity to importand industrialization were the determining factors in Cameroon imports. The degradation of imports illustrates the elastic or inelastic nature of imported products. Cameroon must reshape her development strategies towards industrialization in order for them to achieve a progressive reduction of their imports. This imperative situation would be a means that cannot be ignored by the Cameroon if it wants to attract foreign direct investment which is a source for the development of firms and for boosting productivity.

Suggested Citation

  • Elie NGONGANG, 2019. "The behaviour of imports in Cameroon: An analysis through the equilibrium and disequilibrium models," Journal of Economics and Political Economy, EconSciences Journals, vol. 6(3), pages 281-294, September.
    • Handle: RePEc:cvv:journ1:v:6:y:2019:i:1:p:281-294
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    References listed on IDEAS

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    4. Stephen J. Turnovsky, 2000. "Methods of Macroeconomic Dynamics, 2nd Edition," MIT Press Books, The MIT Press, edition 2, volume 1, number 0262201232, December.
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    Keywords

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    JEL classification:

    • C20 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - General
    • F20 - International Economics - - International Factor Movements and International Business - - - General
    • F30 - International Economics - - International Finance - - - General

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