ABSTRACT
arnrruon has ' bse n facing a 'current account d e f i c i t
n i tlcc: 1 '1f?7 and w i l l cor~t;j.nucb t o do 80 in -Lklc ne:lrest
future. This will imply a n e t , resource d r a i n at a time
w ! ~ t : n lent:-term c a p i t a l inves trrre nt l o o k s b l e a k give r l the
sk~i f ti n emphasis o f we s t e r n financial commitmerit.
'L'~I= c o u n t r y must therefore make urgent moves at a r r e s t i n g
t h i s d e f i c i t .
Increasinfy . e x p o r t s f o r Cameroon will bt? a very
a l f ' f l c u l t task and hence recourse has t o be taken . t o
reduce imports. The research therefore sought t o find
o u t t h e factors that i n l l u e n c e import demand i n the country.
l'he v a r i a h l s s t h z t were considered l i k e l y s u s p e c t s on
thilore t;ieal and empirical ground are, relative p r i c e s ,
, . r e a l d r o s s .Uomestic Product, e x p o r t e a r n i n g s ana money
3 ~ i p p l y . The method ot' a n a l y s i s is econornelric, the
technique m u l t i p l e regression. analysis, t h e f u n c t i o n a l
form lo!:-linear and the n:J.t.ure of the data time s e r i e s .
Yhe r e s u l t s i n d i c a t e that the t r a d i t i o n a l import
derwnd f u n c t i o n with r e l a t i v e p r i c e s and- income as explan
a t o r y variables s i g n i f i c a n t l y account f o r v a r i a t i o n s in
tlle l e v e l of imports i n Cameroon. dxport earning and money
supply also proved t o be s . i i : n i f i c a n t explcinatory v a r i a b l e s
3s L I I ~ . ~a rt, t'outld to increase s i q n i f i c a n t l y t h e coc f f i c i e n t
d r t e r m i n a t i o n o € the t r a d i t i o n a l import demirld f u n c t i o n .
, N & , E (2021). Determinants Of Important Demand For Cameroon 1968-88. Afribary. Retrieved from https://afribary.com/works/determinants-of-important-demand-for-cameroon-1968-88
, NTAMARK and Eric "Determinants Of Important Demand For Cameroon 1968-88" Afribary. Afribary, 05 May. 2021, https://afribary.com/works/determinants-of-important-demand-for-cameroon-1968-88. Accessed 26 Dec. 2024.
, NTAMARK, Eric . "Determinants Of Important Demand For Cameroon 1968-88". Afribary, Afribary, 05 May. 2021. Web. 26 Dec. 2024. < https://afribary.com/works/determinants-of-important-demand-for-cameroon-1968-88 >.
, NTAMARK and , Eric . "Determinants Of Important Demand For Cameroon 1968-88" Afribary (2021). Accessed December 26, 2024. https://afribary.com/works/determinants-of-important-demand-for-cameroon-1968-88