Gross Domestic Savings, Agriculture Production and Cameroonian Economic Performance: A Times Series Analysis

Abstract

This paper investigates the gross domestic savings, Agriculture production and economic growth in Cameroon covering for the period of 1967-2015. The results are estimated using times series analysis. The results show that gross domestic investment is significant at 0.002 and have a positive relationship with the economic growth and agriculture production is not statically significant but have a positive relationship in short run. The result of long-run relationship shows that gross domestic savings have statistically significant at 0.05 and positive relationship with economic growth while agriculture production is not statically significant but have positive relationship with economic growth The paper recommends policy efforts that would strengthen agricultural production by targeting approach that will attract foreign direct investment inflows into agriculture sector to complement existing efforts at boosting domestic agricultural production. In another term, Cameroonian domestic agriculture sector be focused on and fully in order for it to impact positively and significantly the economic growth.