Emergence of Commercial Motorcycle Operations, Economic Welfare and Challenges
MBU DANIEL TAMBI
IJED, Vol. 14 No. 2, (2021)
The emergence of motorcycle taxi in modern economy is look upon as an externality and a call for concern by most citizens. We used the 2014 Cameroon household consumption survey via 2SLS and control function models to determine the contribution of motorcycle taxi on household economic welfare and the associated constraints involved in motorcycle taxi business. The result shows that, motorcycle operation is strongly correlating with household welfare. Municipal tax and interdiction, police security, quantity of cars in circulation and extreme precipitation are the major constraints of motorcycle business. Policy should be oriented towards rigorous regulation of the sector to promote income gains.