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Military Expenditure, Export, FDI and Economic Performance in Cameroon

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  • Yapatake Kossele Thales Pacific
  • Li Jin Shan
  • Abeid Ahmed Ramadhan

Abstract

To investigate the possible relationship among military expenditure, exports and foreign direct investment (FDI) on economic growth in Cameroon covering the period of 1996–2014, the vector autoregresssion (VAR) model was employed. The results show that military expenditure and the exports are significant at 0.0000 and 0.01 per cent, respectively, and have a positive relationship with gross domestic product growth and the FDI is not significant but has a positive relationship with the economic growth in short run. However, many efforts should be directed towards energy production and infrastructure developments in order to benefit plenty for FDI in the long run for economic sustainability.

Suggested Citation

  • Yapatake Kossele Thales Pacific & Li Jin Shan & Abeid Ahmed Ramadhan, 2017. "Military Expenditure, Export, FDI and Economic Performance in Cameroon," Global Business Review, International Management Institute, vol. 18(3), pages 577-589, June.
    • Handle: RePEc:sae:globus:v:18:y:2017:i:3:p:577-589
    DOI: 10.1177/0972150917692065
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    Cited by:

    1. Bakari, Sayef, 2018. "The Impact Of Citrus Exports On Economic Growth: Empirical Analysis From Tunisia," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 6(01), January.
    2. Sayef Bakari & Mohamed Mabrouki, 2017. "The Effect Of Agricultural Exports On Economic Growth In South-Eastern Europe: An Empirical Investigation Using Panel Data," Journal of Smart Economic Growth, , vol. 2(4), pages 49-64, December.
    3. Sayef Bakari & Mohamed Mabrouki & Asma Elmakki, 2018. "The Nexus Between Industrial Exports And Economic Growth In Tunisia: Empirical Analysis," Journal of Smart Economic Growth, , vol. 3(2), pages 31-53, December.
    4. Khalid Zaman, 2019. "Does higher military spending affect business regulatory and growth specific measures? Evidence from the group of seven (G-7) countries," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 36(1), pages 323-348, April.

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