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This paper investigates the resilience of non-financial firms in Mongolia against financial distress. Utilizing firm-level financial data from 2013 to 2022, we employed a LASSO variable selection technique and logistic regression analysis to develop a distress prediction model for these firms....
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This paper examines the impact of access to markets on livestock-related income of herder households in Mongolia. The empirical findings show that reducing the distance to markets by ten kilometers increases household income by 1.0 percent on average.
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