Whether the US Farm Bill 2008 has any impacts on China's agriculture, is highly related to the China's rural poverty alleviation and it deserves to be explored to see what will happen. According the existing empirical studies in the past, we expect that the US Farm Bill 2008 will exert an...

This paper examines the long-run relationship between income and urban air pollution using a joint distribution dynamics approach. This approach enables to estimate the transition process and long-run distribution and to examine the mechanisms behind the evolution process. The approach is...

Purpose: Rural energy policy is a critical measure to fight the long-standing poverty issue in China. Energy poverty, per se, is one important yet too often neglected dimension of poverty, and one of the biggest challenges in rural China during the 40-year rural reform. Reducing energy poverty...

Purpose – The purpose of this paper is to investigate the effects of network strength, transaction-specific investments and inter-personal trust on business relationship satisfaction for small-and-medium-sized enterprises (SMEs) involved in agri-food processing and exporting in China....

In this paper, we choose six representative futures contracts—soybean, soy meal, corn, hard wheat, strong gluten wheat, and sugar—from China's futures markets to examine predictability and market efficiency from the perspective of the price-volume relationships. Our empirical results show...

Financial bubble is an intensively discussed but quite controversial topic. In current literature, the researches usually focus on the (ir)rationality of traders and its impacts on the bubble. We thereby propose a completely different perspective, that is, of traders’ heterogeneity and its...

A correct or precise estimation of the Hurst exponent is one of the fundamentally important problems in the financial economics literature. There are three widely used tools to estimate the Hurst exponent, the canonical rescaled range (R/S), the variance rescaled statistic (V/S) and the Modified...

Although there are many reports on the empirical evidence of the existence of multifractality in various financial or commodity markets in current literature, few can be found to compare the multifractal properties of emerging and developed economies, especially for agricultural futures markets...