Development Economics
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Browsing Development Economics by Subject "Cameroon"
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- ItemExplaining Wellbeing and Inequality in Cameroon: A Regression-Based Decomposition(AERC, 2020-04-27) Arrey, Marinus ArreyThis study sets out to estimate the determinants of household economic wellbeing and to evaluate the relative contributions of regressed-income sources in explaining measured inequality. In particular, a regression-based decomposition approach informed by the Shapley value, the instrumental variables econometric method, and the 2007 Cameroon household consumption survey, was used. This approach provides a flexible way to accommodate variables in a multivariate context. The results indicate that the household stock of education, age, credit, being bilingual, radio and electricity influence wellbeing positively, while rural, land and dependency had a negative impact on wellbeing. Results also show that rural, credit, bilingualism, education, age, dependency and land, in that order, are the main contributors to measured income inequality, meanwhile, the constant term, media and electricity are inequality reducing. These findings have policy implications for the ongoing drive to scale down both inequality and poverty in Cameroon
- ItemSocial Capital and Household Welfare in Cameroon: A Multidimensional Analysis(AERC, 2011-08) Tabi Atemnkeng, JohannesThis study uses instrumental variables (IV) to investigate the causal influence of social capital on various welfare measures. The data set consists of a cross sectional data of the 2007 Cameroon Household Survey. Social capital variables are derived by memberships in social and cultural organizations, and five other associations. We found valid instruments for social capital at the aggregate level to determine its causal effect on household poverty as measured by household per capita expenditure, and on children schooling or enrolment. At individual level, the causal effect of social capital on labour force participation is determined. Social capital is found to increase household welfare and reduce poverty as well as raise children enrolment. It was also established that social capital has a beneficial causal influence on individual labour force participation. Estimates also suggest that the impact of social capital on household income and labour force participation are underestimated when correction for omitted variables bias is not taken into account. Generally, our analysis suggests that policy makers interested in improving the living conditions of households may be advised to consider promoting social capital as one relevant ingredient to achieve the Millennium Development Goals of reducing poverty by half.