Effects of Theft on Investment Decisions of Agricultural Enterprises in Cameroon

IF 2 4区经济学 Q3 DEVELOPMENT STUDIES

Journal of International Development Pub Date : 2026-03-11 Epub Date: 2025-12-04 DOI:10.1002/jid.70040

Benjamin Fomba Kamga, Gilchrist Bessoum Keedi

引用次数: 0

Abstract

This paper analyses the effects of theft on the investment decisions of agricultural enterprises in Cameroon. The data are drawn from a survey conducted with 484 agricultural enterprises. Two methodological approaches are employed: First, a multivariate probit model that simultaneously addresses potential endogeneity and unobserved heterogeneity across different investment decisions; second, a recursive bivariate probit model applied to each investment decision, incorporating theft as an endogenous variable. The results reveal a positive and significant relationship between theft and the investment decisions of agricultural enterprises, highlighting the substantial influence of this factor on their economic behaviour.

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盗窃对喀麦隆农业企业投资决策的影响

本文分析了盗窃行为对喀麦隆农业企业投资决策的影响。数据来自对484家农业企业的调查。本文采用了两种方法：首先，采用多元概率模型，同时解决不同投资决策中潜在的内生性和未观察到的异质性；其次，将一个递归的二元概率模型应用于每个投资决策，并将盗窃作为一个内生变量。研究结果表明，盗窃与农业企业的投资决策之间存在显著的正相关关系，凸显了盗窃对农业企业经济行为的重大影响。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of International Development DEVELOPMENT STUDIES-

CiteScore

2.40

自引率

0.00%

发文量

109

期刊介绍： The Journal aims to publish the best research on international development issues in a form that is accessible to practitioners and policy-makers as well as to an academic audience. The main focus is on the social sciences - economics, politics, international relations, sociology and anthropology, as well as development studies - but we also welcome articles that blend the natural and social sciences in addressing the challenges for development. The Journal does not represent any particular school, analytical technique or methodological approach, but aims to publish high quality contributions to ideas, frameworks, policy and practice, including in transitional countries and underdeveloped areas of the Global North as well as the Global South.