Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/93721 
Authors: 
Year of Publication: 
2013
Series/Report no.: 
WIDER Working Paper No. 2013/124
Publisher: 
The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki
Abstract: 
The purpose of this paper is to capture the impact of foreign capital inflows (which include foreign aid and foreign direct investment) on economic growth in Cameroon. Using the autoregressive distributive lag approach to cointegration and time-series data for the period 1980 - 2008, the results of the study indicate that the domestic capital stock and foreign direct investment have positive and significant impacts on economic growth in the short and long terms, while the impact of the labour force on growth was significantly negative in both terms, a result that may be attributable to the fact that Cameroon is a developing country with an unlimited supply of labour whose increase has a detrimental effect on the country's growth.
Subjects: 
foreign aid
foreign direct investment
growth
cointegration
Cameroon
JEL: 
C32
F21
F35
O40
O55
Document Type: 
Working Paper

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