Non-timber Forest Incomes and Economic Welfare in the South-west Region of Cameroon: An Approach towards the Incidence on Rural Income Inequality | Chapter 7 | Modern Perspectives in Economics, Business and Management Vol. 2

The research employed primary data from a survey of 408 rural household heads to determine whether Non-Timber Forest Products can help reduce rural income disparity in Cameroon's South-West region. The data was gathered using a standardised questionnaire. We used three different approaches to get the same results: the Gini Coefficient, the Lorenz curve, and the Income Decomposition by Income Sources. The findings showed that non-timber forest product income significantly reduces rural income gap in the region's rural areas, and that it is an important source of income among the many examined. As a result, we advocate for processing non-timber forest products to maximise their value. Better management of the forest in general and forest resources in particular will result in improved benefits to the community as a whole, notably in terms of total income and income disparity.

Author (s) Details

Etoh-Anzah Peter Angyie
Department of Economics, Higher Technical Teachers Training College Bambili, University of Bamenda, Bamenda Cameroon.

Njong Mom Aloysius
Faculty of Economics and Management Sciences, University of Bamenda, Cameroon.

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