Impact of the Corona Pandemic on Household Welfare in Cameroon

Abstract

The objective of this study was to examine the effect of the Corona Virus Disease (COVID-19) on household welfare in Cameroon. This was done using data from a survey of 264 households in Cameroon in 2020. A linear regression model and Heckman sample correction bias were used and the results showed that COVID-19 reduces household welfare in Cameroon. These findings have implications of reducing the impact of COVID-19 on household welfare if households should develop new sources of income and food strategies by engaging more on agricultural activities and government can take a strategy of allocating grants either by reducing the cost of necessities (water, electricity, foodstuff, and housing). The triple helix approach where government, institutions of technology, and businesses should develop a vaccine for the pandemic to bring back economic life to normal.