Optimal crop choice and fertilizer applications depend on the stochastic dynamics of commodity prices, fertilizer prices, and the agronomic effects of rotation versus monoculture. The efficient decision rule accounts for real option values associated with maintaining land disposition in an...

This study implies the causality-in-variance test newly developed by Hafner and Herwartz (2006) to investigate the volatility spillovers between domestic equity and bond markets in the G7 and BRICS countries. The empirical result shows that there is ethier unidirectional or bidirectional...

This paper tries to explore the interaction of institutional arrangement, technological innovation and application evolution underlying the impressive growth of China’s computing infrastructure. Drawing upon the actor-network theory, we construct a framework to explain how the elements...

This paper attempts to analyze the interrelationship of FAST, CPM, and the cause-effect analysis techniques in VE study. The study process is conducted by deriving one diagram from the other. It has been found that FAST, CPM, and the cause-effect diagrams can represent each other. The study...

The outbreak of the COVID-19 pandemic caused numerous lockdowns in cities around the world. While lockdowns can generally be effective at reducing the spread of COVID-19, they also have substantial psychosocial impacts, such as causing distress and anxiety among residents. However, our knowledge...

We study the role of Chinese government guidance funds (GGFs) in value creation for investee firms. Using a sample of 2,855 firms that went public during the period of 2010-2021, we show that GGF-backed IPO firms had higher initial returns than non-VC-backed IPO firms and non-GGF VC-backed IPO...