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Abstract:
This paper investigates the implications of trade policy on agricultural growth in Cameroon. To realize this objective, time series data from 1980-2016 was extracted from the World Development Indicators and the Food and Agricultural Organization databases. An Autoregressive Distributive Lag (ARDL) Model served as method of analysis. From the results we found evidence that trade dependency ratio or trade openness has a positive and significant impact on agricultural growth in Cameroon only in the short run. Custom duty on its part has a negative significant effect in the short run while trade imbalance remains insignificant. Other indicators like inflation and real effective exchange rates have positive significant effects both in the short run and long run. Equally, intermediation margin and the interest rate on loans have short run positive and negative significant effects respectively. This implies the need for more financing in the sector by stakeholders.
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