Soutenabilité des finances publiques au Cameroun : Approche de Bohn (1998)

Ngwa Edielle, T. H. Jackson (2006): Soutenabilité des finances publiques au Cameroun : Approche de Bohn (1998).

Abstract

In this paper, we test sustainability of Cameroon’s fiscal policy using the approach developed by Bohn (1998). We apply non parametric and semi-parametric regressions with time depending coefficients to estimate fiscal policy reaction function in Cameroon between 1975 and 2005. We find out that the response of primary surplus to GDP is a concave positive function of the debt-GDP ratio. Further, our estimates show that fiscal policy reaction coefficient has been significantly positive between 1975 and 2005. However, there is a negative trend in that coefficient which becomes positive after the year 1993.

• Item Type: MPRA Paper
• English Title: Testing Fiscal sustainability in Cameroon : Approach of Bohn (1998)
• Language: French
• Subjects: E - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook > E62 - Fiscal Policy; H - Public Economics > H6 - National Budget, Deficit, and Debt > H62 - Deficit ; Surplus; C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods and Methodology: General > C14 - Semiparametric and Nonparametric Methods: General; H - Public Economics > H6 - National Budget, Deficit, and Debt > H63 - Debt ; Debt Management ; Sovereign Debt

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