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2019 | 4 | nr 2 | 118--140
Tytuł artykułu

Libéralisation du marché et intégration du marché du cacao au Cameroun

Treść / Zawartość
Warianty tytułu
Liberalization and Coco a Market Integration in Cameroon
Języki publikacji
FR
Abstrakty
Cet article évalue l ' impact de la libéralisation des marchés au Cameroun sur la transmission des prix entre le marché international du cacao et le marché du cacao au Cameroun. Ce papier utilise des modèles de cointégration et de correction d ' erreurs qui sont appliqués aux séries des prix annuels du cacao collectés sur le marché international du cacao et sur le marché du cacao au Cameroun pour la période 1961-2015. Sur plus de 50 années, les résultats montrent qu ' il y a transmission du prix du marché international du cacao au marché du cacao au Cameroun. En outre, la libéralisation n ' a pas sensiblement amélioré l ' ampleur de l ' intégration des marchés du cacao à long terme et à court terme. La rapidité de l ' ajustement des prix est relativement faible pour la plupart des marchés. Afin d ' améliorer l ' efficacité du marché, le gouvernement pourrait améliorer le système d ' information sur le marché et les moyens de transport dans les zones de production de cacao.(abstrakt oryginalny)
EN
This paper evaluates the impact of markets liberalization in Cameroon on prices transmission of between the international cocoa market and domestic market in Cameroon. This paper use the threshold cointegration and the error correction models which are applied on the annual cocoa prices series collected on international cocoa market and on Cameroon ' s cocoa market for the period 1961-2015. For over fifty years, the findings show that the transmission of international cocoa prices on cocoa market in Cameroon is not total and imediate. Furthermore, the liberalization has not significantly improved the extent of long-run and short-run cocoa market integration. The speed of price adjustment is relatively weak. In order to improve market efficiency, it is suggested that the government should improve market information system and means of transportation in cocoa production areas. (original abstract)
Twórcy
  • Université de Yaoundé II-Soa, Kamerun
Bibliografia
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Typ dokumentu
Bibliografia
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Identyfikator YADDA
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