Time Series Analysis of Manufacturing Industry Labour Productivity and Economic Growth: The Case of Cameroon 1990-2019

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.

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Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2024-12-18
DOI
https://doi.org/10.5281/zenodo.15009334
Primary Topic
Unemployment and Economic Growth
Type
article
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article

Time Series Analysis of Manufacturing Industry Labour Productivity and Economic Growth: The Case of Cameroon 1990-2019

Zenodo (CERN European Organization for Nuclear Research)
Unemployment and Economic Growth
article

Time Series Analysis of Manufacturing Industry Labour Productivity and Economic Growth: The Case of Cameroon 1990-2019

article en

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.

Zenodo (CERN European Organization for Nuclear Research)
Keimyung College University (KR), Keimyung University (KR)
Decent work and economic growth
Openalex Percentile: Top 58%
Unemployment and Economic Growth
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