Determinants of Export Propensity and Intensity of Manufacturing Firms in Cameroon: An Empirical Assessment
Applied Economics and Finance
View Archive InfoField | Value | |
Title |
Determinants of Export Propensity and Intensity of Manufacturing Firms in Cameroon: An Empirical Assessment
|
|
Creator |
Fonchamnyo, Dobdinga Cletus; University of Buea
|
|
Description |
Many Developing Countries in the process of economic transition have engaged themselves with outward-looking export oriented policies, aimed at making their manufacturing sector very competitive. In this regard, this study aimed at examining the factors that can influence both the level of exports and the likelihood to export of manufacturing firms. The data for the study was obtained from the World Bank Investment Climate Survey (ICS). The findings from this survey showed that the turnaround time for cargo clearance at the port is faster for exporters than for importers (15.1 to 23.9 days), while transportation and energy supply were cited by more than half of the firms as key obstacles to production. The key empirical findings on the one hand showed that human capital; years of experience, turnover, and modernization have positive effect on both the likelihood to export and on the export intensity. On the other hand, insecurity and power outage have a detrimental effect on export performance. The results also pointed to the fact that many of the firms were labour intensive firms, taking advantage of the abundant cheap labour in the country. These results put together, provide insights into some policies needed to promote the performance of export manufacturing firms in Cameroon, among which include an improvement in human capital, turnover, electricity supply, security and use of technological modernized equipment.
|
|
Publisher |
Redfame Publishing
|
|
Date |
2014-10-11
|
|
Type |
info:eu-repo/semantics/article
Peer-reviewed Article info:eu-repo/semantics/publishedVersion |
|
Format |
application/pdf
|
|
Identifier |
http://redfame.com/journal/index.php/aef/article/view/413
10.11114/aef.v1i2.413 |
|
Source |
Applied Economics and Finance; Vol 1, No 2 (2014); 30-36
|
|
Language |
eng
|
|
Relation |
http://redfame.com/journal/index.php/aef/article/view/413/491
|
|
Rights |
Submission of an article implies that the work described has not been published previously (except in the form of an abstract or as part of a published lecture or academic thesis), that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, in English or in any other language, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Copyrights for articles published in Redfame journals are retained by the authors, with first publication rights granted to the journal. The journal/publisher is not responsible for subsequent uses of the work. It is the author's responsibility to bring an infringement action if so desired by the author.
|
|