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Government Expenditure on Rural Development and Economic Growth in Cameroon

Author

Listed:
  • Belinga Thierry

    (Wuhan University of Technology, School of Economics, 122 Luoshi Road, 430070, China)

  • Zhou Jun

    (Wuhan University of Technology, School of Economics, 122 Luoshi Road, 430070, China)

  • Hu Guohui

    (Wuhan University of Technology, School of Economics, 122 Luoshi Road, 430070, China)

Abstract

This paper examines the impact of government investment in rural development on economic growth in Cameroon during the period 2000-2015. After computing the government investment in rural areas using the annual total amount invested in the ministry of Agriculture and Rural Development added to the budget allocated to the ministry of farming, animal and husbandry, we run a regression model with the ordinary least squares method to find that despite the measures taken by the government to improve the socio-economic life of rural people, there is no significant impact of the Rural Investment on the Economic Growth in Cameroon, implying that the government should implement some strategic policies that will enable the rural people to produce more and have a consistent impact on the overall national production growth.

Suggested Citation

  • Belinga Thierry & Zhou Jun & Hu Guohui, 2017. "Government Expenditure on Rural Development and Economic Growth in Cameroon," International Journal of Innovation and Economic Development, Inovatus Services Ltd., vol. 3(1), pages 113-121, April.
    • Handle: RePEc:mgs:ijoied:v:3:y:2017:i:1:p:113-121
    DOI: 10.18775/ijied.1849-7551-7020.2015.31.2007
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    References listed on IDEAS

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    Cited by:

    1. Mudoh Mbah & Anna Franz, 2021. "Revitalization and Branding of Rural Communities in Cameroon Using a Circular Approach for Sustainable Development—A Proposal for the Batibo Municipality," Sustainability, MDPI, vol. 13(12), pages 1-26, June.

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    More about this item

    Keywords

    Rural Finance; Microfinance; GDP; Agriculture; Government Expenditure.;
    All these keywords.

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General

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