By introducing credit market frictions into the setting in which a firm has a option to restructure debt. We study the effects of credit market friction on the debt restructuring and leverage. The results show that the debt restructuring strategy will accelerate under lower credit market...

Based on the summarization of the status quo of the research both at home and abroad, the changing trend of the production of the main grain crops, covering the planting structure, seed structure and the trend of the per unit yields of garlic are analyzed. According to the comparative advantage...