Research on innovation strategy, which focuses on what type of innovation that firms decide to implement, has primarily focused on dichotomic (yes or no) options and is mostly based on the determinants of technological (product and process) innovations. This paper extends the study of innovation...

Islamic finance (IF) holds significant potential for economic development and the enhancement of financial inclusion in Uzbekistan. Sukuk, as a key Islamic capital market instrument and Shari'ah-compliant investment alternative, plays an important role in this context. However, the demand for...

We study cluster-robust inference for binary response models. Inference based on the most commonly-used cluster-robust variance matrix estimator (CRVE) can be very unreliable. We study several alternatives. Conceptually the simplest of these, but also the most computationally demanding, involves...

Climate and other shocks threaten the livelihoods of rice farmers in Vietnam, forcing them to diversify their livelihoods. This study investigates the diversification strategies of rice farmers in the Mekong Delta of Vietnam. Based on 405 rice farming households in Tien Giang, Dong Thap, and Can...