Does Agricultural Production Contribute To Poverty Reduction In Cameroon?

Research Article
Moses A. Ofeh., Soh Wenda Boris Dinictri and Dorothy A. Fon
DOI: 
xxx-xxxxx-xxxx
Subject: 
science
KeyWords: 
Cameroon, agricultural production, poverty reduction.
Abstract: 

The paper investigated the contribution of agricultural production to poverty reduction in Cameroon using an extended generalized Cobb Douglas production function that was linearised by natural logarithm to appropriate it for multiple regression usage. The OLS estimation technique was then used to exploit data about the variables from World Development Indicators from 1980 to 2013. The results were significant at 1 % and show that 94.73% of the independent variables were responsible for expressing changes in the dependent variable. Food production positively but insignificantly contributed to poverty reduction whereas livestock production, household final consumption had a positive and significant contributions to poverty reduction by raising the gross national income per capita. Net official development assistance and official aid contribute negatively to poverty reduction in Cameroon. We therefore recommend that more concrete policies and investments aimed at supporting livestock and food farmers with financial, infrastructural and technical assistance be drafted and implemented through good governance, transparency and good faith for long term projects in the sector as some of the dreams for Cameroon to realize its new generation agriculture and the 2035 vision.