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RURAL BURKINA FASO
PATTERNS OF INVESTMENT IN RURAL BURKINA FASO
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Accelerator Effect access to credit agricultural technology agro-climatic conditions analysis animal traction Asset and Income asset portfolio Breusch-Pagan Test Burkina Faso cereal stocks component cost of adjustment crop Debt-Equity Ratio dependent variable equations farm income farmers fertiliser and chemicals firm flexible-accelerator model forms of investment Hence heteroskedasticity households hypothesis ICRISAT Income variables scaled increased indicates influence inputs insurance substitute Intercept Inverse Mill's Ratio investment and disinvestment investment behaviour investment demand investment opportunities labour latter levels of investment limited livestock livestock holdings Log-Likelihood Ratio maximisation negative neoclassical non-farm income null hypothesis observed optimal capital stock optimum output potential probit model probit results production environment Production Relations framework production systems rainfall rates of disinvestment rates of investment regressors resource rural Sahel sample Savannah Region scaled by 10"4 selectivity bias specification Sub-Saharan Africa Sudan Region switching regression t-statistics two-tailed tobit villages weakly significant wealth effect Weersink and Tauer Woure