Entrepreneurship and poverty reduction in Cameroon: A Vector Autoregressive approach

Vukenkeng Andrew Wujung, Mukete Emmanuel Mbella
2014 Archives of Business Research  
This*paper*investigates*the*effect*of*entrepreneurship*on*poverty*alleviation*in* Cameroon*and*determines*the*nature*of*the*causality*that*exists*between*them* using* the* vector* autoregressive* approach.* The* study* uses* data* from* the* Cameroon* National* Institute* of* statistics* and* World* Bank* Development* Indicators* for* the* period* 1980P2013.* The* results* show* that* entrepreneurship* has*a*significant*negative*impact*on*poverty*in*Cameroon*and*that*there*exists* a*
more » ... * biPdirectional* positive* causality* between* entrepreneurship* and* poverty*reduction.*From*a*policy*perspective,*the*study*concludes*that*training* and* retraining* of* entrepreneurs* as* well* as* organizing* entrepreneurship* skills* acquisition*programmes*are*vital*to*boost*entrepreneurship*in*order*to*reduce* poverty*in*the*country.*
doi:10.14738/abr.25.345 fatcat:t7rf4ao34fhkzoqshs3sc7mxwi