This thesis covers the further development of smooth transition regression models and their applications in finance. Smooth transition regression models are used to model nonlinearity of regime-switching type in empirical applications. Usually, smooth transition regression models are used with...

The demand for agricultural land is globally increasing due to population growth and dietary diversification. As the availability of agricultural land is limited, much of the cropland expansion is occurring at the expense of tropical forests. During the past few decades, oil palm has become one...