Assessing the effect of domestic resource mobilization on the economic growth of Cameroon

• Autores: Vukengkeng Andrew Wujung, Fozoh Isiah Aziseh
• Localización: Aestimatio: The IEB International Journal of Finance, ISSN 2173-0164, Nº. 12, 2016, págs. 66-89
• Idioma: inglés
• DOI: 10.5605/IEB.12.4
• Títulos paralelos:
  • Evaluación del impacto de la movilización de los recursos nacionales en el crecimiento económico de Camerún
• Enlaces
  • Texto completo (pdf)
• Resumen
  • español

    En este trabajo se concluye que, a pesar de los esfuerzos realizados para aumentar la movilización de recursos internos en aras de un mayor crecimiento económico en Camerún, el ritmo de crecimiento de dichos aumentos no ha sido seguido por el ritmo de crecimiento económico. En este contexto, este artículo evalúa empíricamente el efecto de la movilización de los distintos capítulos de recursos nacionales en el crecimiento económico de Camerún. La investigación empírica se lleva a cabo con información de los indicadores de desarrollo del Banco Mundial para Camerún en el período 1980- 2013. En el análisis empírico llevado a cabo se utilizan instrumentos de estadística descriptiva y el método de los momentos generalizado con variables instrumentales. Los resultados muestran la existencia de una relación positiva significativa entre las distintas vertientes de los recursos nacionales y el crecimiento económico camerunés. Desde la perspectiva de la actuación política, una conclusión importante es que, además de la implementación de reformas fiscales, para que Camerún pueda financiar sus programas de desarrollo se necesitan medidas como la ampliación de la base imponible, fuentes alternativas de ingresos, y reformas institucionales

  • English

    This paper observes that despite the efforts made to enhance domestic resource mobilization as a means of boosting economic growth in Cameroon, the economy does not seem to grow at the same rate. Against this background, this paper empirically assesses the effect of mobilizing various sources of domestic resources on the economic growth of Cameroon. The empirical investigation is carried out using data from the World Bank’s development indicators (WDI, 2014) for Cameroon for the period 1980- 2013. Descriptive statistics and the Instrumental Variable Generalized Method of Moments (IVGMM) were used to analyze the data. The results show that there is a positive and significant relationship between the various sources of domestic resources and economic growth in Cameroon. From a policy perspective, an important conclusion is that in addition to implementing tax reforms, measures such as widening the tax base, finding alternative sources of revenue, and institutional reforms are needed for Cameroon to fund its development programmes

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