We investigate whether suppliers adjust innovative supply-chain investment following stock market signals about customers' economic prospects. We show that suppliers increase R&D and investments in customer-related patents after positive market reactions to customers' new product announcements....

This study examines the temporal causal relationships in the stock price returns of eight U.S. lumber supply chain-related stocks and four economic and financial instruments over a 15-year period using daily closing stock prices. A prediction vector (PV) model that is based on Granger causality...