Time Series Analysis of Manufacturing Industry Labour Productivity and Economic Growth: The Case of Cameroon 1990-2019
Year: 2024
Type: article
Abstract: This research, conducted with meticulous rigor, aims to investigate the impact of labor productivity in the manufacturing industry on Cameroon's economy over the past 30 years (1990-2019). The study, which relies on robust data from the World Bank Development Indicators (2020) and the International Labour Organization Office (2020), employs multiple linear regressions and econometric analysis. The statistically significant findings reveal that increased labor productivity in the manufacturing industry leads to a rise in real GDP. However, the results also indicate that between 1990 and 2019, labor productivity had a positive but insignificant impact on economic growth in Cameroon. In light of these findings, the paper proposes policy implementations that could significantly influence labor productivity's role in Cameroon's economic development, offering a promising future for the country.
Authors: Simpao, Kristine Joy S., Kwasui, Bah Kenneth
Institution: Keimyung University
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W6968029414
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