文章基本信息

标题：The Role of Financial Development on Private Entrepreneurship in Cameroon
其他标题：The Role of Financial Development on Private Entrepreneurship in Cameroon
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作者：Vukenkeng Andrew Wujung ; Dobdinga Cletus Fonchamnyo
期刊名称：Journal of Economics and Sustainable Development
印刷版ISSN：2222-2855
电子版ISSN：2222-2855
出版年度：2016
卷号：7
期号：21
页码：118-124
语种：English
出版社：The International Institute for Science, Technology and Education (IISTE)
摘要：The paper analyses the effect of financial development on private entrepreneurship in Cameroon measured by private capital formation. The data was obtained from the World Development Indicators data base and were analyzed using a two stage least square regression technique. The results showed that both elements of financial development (domestic credit and savings mobilization) positively and significantly influence private entrepreneurship in Cameroon. Also, household domestic demand for goods and services had a positive effect on private entrepreneurship. From a policy perspective, an important conclusion is that an effective way for private entrepreneurship to be promoted in Cameroon is by improving on access to finance and increasing incomes that will eventually produce mutually reinforcing effects that increase savings and demand. Keywords: financial development, private entrepreneurship, two stage least squares, Cameroon JEL. Classification: B30, B53, C11, C23, O10, O40
关键词：financial development; private entrepreneurship; two stage least squares; Cameroon JEL. Classification B30; B53; C11; C23; O10; O40