Agricultural supply response to food price volatility in Cameroon
Résumé
This chapter analyzes the supply response to price and volatility of major staple crops grown by agricultural households in Cameroon. Results from the autoregressive distributed lag (ARDL) bounds testing approach suggest that farmers are not responsive to economic incentives such as prices in short-run. Moreover, results show that producers respond to price volatility by increasing the area under cultivation and reducing investments in improving yields. Such information is of real importance when designing agricultural policies.