1887

n African Finance Journal - Official flows, export revenue, volatility and domestic investment in Cameroon

USD

 

Abstract

We examine the impact of aid and export revenue; and their volatilities on domestic private and public investment in Cameroon. Our results show that export revenue is almost three times more volatile than aid. Export has a significant positive impact on both private and public investment, while aid has a positive influence only on public investment. Both export and aid volatilities hurt both types of investment. Through the use of interaction variables, we show that export revenue can completely eliminate the impact of aid volatility on investment, but aid is unable to do same with export volatility. Reducing export volatility is more of a priority for Cameroon than aid volatility.

Loading

Article metrics loading...

/content/finj/10/1/EJC33730
2008-01-01
2016-12-06
This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error