This paper proposed a theoretical framework of innovation based on the perspective of ownership, and constructed an empirical research system of the relationship between ownership structure and innovation. In view of existing theme scattered and lack of interaction, this paper proposed a...

In December 2003, Congress passed the Fair and Accurate Credit Transaction Act (FACTA) giving US consumers the right to request free annual credit reports. In compliance with this legislation three major US credit bureaus (Equifax, Experian, and TransUnion) began offering free copies of their...

We study the impact of the 2022 Russian invasion of Ukraine on corn, wheat, and soybean futures prices. The war provides a natural experiment to evaluate whether futures markets are driven by investor herding. Using event study methods, we find that wheat futures prices rose by 30 percent above...

Environmental regulation of agriculture is becoming increasingly important, and growers are increasingly concerned about the effects of regulations on their profitability. Regulations governing the use of a pesticide affect its economic value. Further, growers often face a choice among pesticide...