气候变化领域集成服务门户(CCPortal): Power supply and manufacturing growth: Evidence from Cameroon

CCPortal

DOI	10.1016/j.enpol.2020.111922
	Power supply and manufacturing growth: Evidence from Cameroon
	Amadu I.; Samuel F.
发表日期	2020
ISSN	03014215
卷号	147
英文摘要	Inadequate and unstable power supply constitute a major constraint to industrial production in Cameroon. This paper evaluates the long-term impact of power deficits on the country's manufacturing growth, using a Fully Modified Ordinary Least Square Method, and selected data from 2016 World Development Indicators, covering the period 1977–2014. For each variable used in the estimations, only data for Cameroon was retrieved for the period under study. The findings reveal that there is a strong and positive correlation of 0.904256/1 between power supply and manufacturing growth in the long-term. Moreover, a percentage decrease in electricity supply reduces annual manufacturing growth and gross capital formation by 0.07% and 0.28% respectively. Furthermore, Foreign Direct Investment inflows augment manufacturing value added by 0.39% yearly. It is recommended that: first, the government of Cameroon should increase its investments in the energy sector to boost power supply by 10% annually, in order to raise manufacturing growth by 0.7% in a year and 7% in a decade. Secondly, incentives to encourage private investments in the energy sector should be put in place to spur power production and supply. Overall, the findings imply that power supply must remain at the epicenter of economic and industrial policies in Cameroon. © 2020 Elsevier Ltd
关键词	Cameroon Industrial Growth Manufacturing Power supply
英文关键词	Electric power generation; Electric power systems; Energy policy; Least squares approximations; Manufacture; Electricity supply; Foreign direct investments; Industrial policies; Industrial production; Manufacturing growth; Ordinary least square methods; Positive correlations; Private investment; Investments; correlation; electricity supply; energy use; foreign direct investment; growth rate; investment; least squares method; manufacturing; Cameroon
语种	英语
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/204531
作者单位	Ministry of Scientific Research and Innovation, National Committee for the Development of Technologies, P.O. BOX 1457, Yaounde, Cameroon; University of Yaounde II-Soa, Faculty of Economics and Management, P.O. BOX 18, Soa, Cameroon
推荐引用方式 GB/T 7714	Amadu I.,Samuel F.. Power supply and manufacturing growth: Evidence from Cameroon[J],2020,147.
APA	Amadu I.,&Samuel F..(2020).Power supply and manufacturing growth: Evidence from Cameroon.Energy Policy,147.
MLA	Amadu I.,et al."Power supply and manufacturing growth: Evidence from Cameroon".Energy Policy 147(2020).