The Seventeenth Communist Party National People's Congress in 2007 declared, for the first time, that the Chinese government would create conditions and opportunities to promote property income growth in order to enhance common prosperity. This new policy on the one hand helps to garner support...

In this paper we consider factors that affect both crop prices and yields in order to examine supply responses of major crops in the Southeast. Due to the variable nature of crop production in the Southeast, previous studies that ignore price and yield risk may fail to capture one of the salient...

After the devastating 1997-98 Asian financial crisis, Asian economies have tried to learn the lessons and orchestrate an effective development strategy in the midst of increasing global capital flows. In this paper, we attempt to identify the development strategy of Asian countries and the...

This paper employs multivariate regression to forecast the calorie intake of Bangladeshi farm households in the hunger season based on the household income, production, and demographic composition in the current (post harvest) season. Nutritional vulnerability profiles are derived from the...

This paper employs a cost function analysis method to investigate the existence of moral hazard in cotton buy-up insurance. The trans-log cost function estimates of the own-price elasticity of fertilizer, herbicide, and insecticide is -0.222, -0.143, and -0.121, respectively for Mississippi...

The spread of agricultural biotechnology in developing countries has grown rapidly in recent years. Several transgenic products are under development with potential to address a variety of adverse production conditions. These products have raised hope that yield and quality improvements in rice...

Foreign direct investment (FDI) is often considered as a cost-effective and risk-reducing source for development finance. This paper, however, shows that FDI finance often entails underestimated risks and costs. FDI might react sensitively to business cycles and might not be as "permanent" as...

The Chinese banking system remained resilient during the 2007 global financial crisis because of three factors: (1) capital-control policies have limited its exposure to international capital and credit markets; (2) it is focused on traditional banking rather than securitization activities; and...