We study the development of effective agricultural supply networks in emerging economies for better utilization of land and downstream processing resources for harvested goods. Using the cotton sector of Mozambique as a prototypical example, we study the decisions made by farmers, down-stream...

We compared the predictive performance of a series of machine learning and traditional methods for monthly CDS spreads, using firms' accounting-based, market-based and macroeconomics variables for a time period of 2006 to 2016. We find that ensemble machine learning methods (Bagging, Gradient...

Recently, many U.S. employers have adopted less generous prescription drug benefits. In addition, the U.S. began to offer prescription drug insurance to approximately 42 million Medicare beneficiaries in 2006. We use data on individual health insurance claims and benefit data from 1997-2003 to...

We study the impact of evaluating the performance of asset managers relative to a benchmark portfolio on firms' investment, merger and IPO decisions. We introduce asset managers into an otherwise standard asset pricing model and show that firms that are part of the benchmark are effectively...

We argue that the pervasive practice of evaluating portfolio managers relative to a benchmark has real effects. Benchmarking generates additional, inelastic demand for assets inside the benchmark. This leads to a “benchmark inclusion subsidy:” a firm inside the benchmark values an investment...

New With the economic situation becoming increasingly serious globally, the development of the port logistics industry is facing the pressure from a downturn in the shipping market and a decline of foreign trade turnover growth, which has brought great challenges to the development of the port...

Purpose – The rapid rise of e-commerce enterprises has led to the development of the logistics industry. At the same time, some enterprises are motivated by the interests to start reducing costs and inputs, which on the contrary leads to low quality of service, thus reducing customer...

This study analyzes the situation of garment manufacturing in Jiangsu province, and the problems of green supply chain management based on the understanding of the present situation of green supply chain management theory at home and abroad in order to increase the understanding of cooperative...

We argue that a common practice of evaluating portfolio managers relative to a benchmark has real effects. Benchmarking generates additional, inelastic demand for assets inside the benchmark. This leads to a "benchmark inclusion subsidy:" a firm inside the benchmark values an investment project...

The compulsory notifications for mergers transactions under the framework of antitrust law aims to remedy anti-competitive harm by blocking or conditionally approving mergers ex ante in conjunction with the deterrence effects. However, such a mechanism brings prominent costs in addition to the...