ARDL Modeling of the Impact of Financial Reforms on Private Domestic Saving in Cameroon

ARDL Modeling of the Impact of Financial Reforms on Private Domestic Saving in Cameroon

Neba Cletus Yah

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Ebo oh Ntjen Salomon Desiree

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University of Douala

ARDL Modeling of the Impact of Financial Reforms on Private Domestic Saving in Cameroon

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Abstract

The aim of this study is to model the effects of financial sector reforms on private domestic savings in Cameroon. After building an econometric model of private domestic savings from the theory of financial repression of McKinnon and Shaw (1973), it is analyzed using ARDL co integration approach. The results indicate that there exist a long run negative and significant relationship between private domestic savings and financial reforms. In the short run, this relationship is positive though not significant. On the basis of these results, we recommend that Cameroonian authorities, in their quest for growth and prosperity for the country, should envisage revising the ongoing liberalization process in the country.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

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No ethics committee approval was required for this article type.

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Not applicable for this article.

How to Cite This Article

Neba Cletus Yah. 2019. \u201cARDL Modeling of the Impact of Financial Reforms on Private Domestic Saving in Cameroon\u201d. Global Journal of Human-Social Science - E: Economics GJHSS-E Volume 19 (GJHSS Volume 19 Issue E8): .

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GJHSS Volume 19 Issue E8
Pg. 51- 61

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Crossref Journal DOI 10.17406/GJHSS

Print ISSN 0975-587X

e-ISSN 2249-460X

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GJHSS-E Classification: FOR Code: 349999

Submission ReceivedDecember 9, 2018
Peer Review Double Blind
Handling Editor
Accepted January 3, 2019
Published January 15, 2019

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October 31, 2019

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