Extreme rainfall events and the clustering of extreme values provide fundamental information which can be used for the risk assessment of extreme floods. Event probability can be estimated using the extreme value index (γ) which describes the behavior of the upper tail and measures the degree...

This study shows that digital transformation can promote the supply of trade credit in China. The results are robust to different measures of trade credit provision and endogeneity. The impact of digital transformation on the provision of trade credit is more pronounced among firms in regions...