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Effects of Theft on Investment Decisions of Agricultural Enterprises in Cameroon

Year: 2025

Type: article

Abstract: 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.

Source: Journal of International Development

DOI: 10.1002/jid.70040

Authors: Benjamin Fomba Kamga, Gilchrist Bessoum Keedi

Institution: Université de Yaoundé II

Language: English

Topic: Agricultural risk and resilience

Subfield: Soil Science

Field: Agricultural and Biological Sciences

Domain: Life Sciences

SDGs: Zero hunger, Peace, justice, and strong institutions, Decent work and economic growth, No poverty

Open Access status: bronze

Funder: International Fund for Agricultural Development