Strategies for integrating farmers into modern vegetable supply chains in Vietnam: farmer attitudes and willingness to accept

In Vietnam, the development of so‐called ‘modern’ vegetable supply chains is receiving considerable interest amongst researchers and governments. This interest partly stems from the view that enhancements in food safety can be achieved if farmers are willing to adopt supply chains that are often associated with ‘western’ forms of retailing. Our study investigates farmers’ willingness to change to two ‘modern’ alternatives – a supply model based on cooperatives and another based on investors facilitating the change. Using discrete choice data drawn from 412 farmers, mixed logit models in willingness to pay space are developed that reveal the relative importance of different drivers of change. The paper offers insights that can inform governments about the incentives required to bring about change. In addition, the paper illustrates the novel application of a choice experiment to enumerating the perceived costs of changes in vegetable supply chains.     

The long-run relationship of gold and silver and the influence of bubbles and financial crises

This paper analyzes the long-run relationship between gold and silver prices. We closely follow Escribano and Granger (J Forecast 17:81–107, 1998) and extend their study. We use a longer sample period from 1970 to 2011 and study the role of bubbles and financial crises for the relationship between gold and silver prices. We find clear evidence for a co-integration relationship between gold and silver with gold prices driving the relationship. The analysis also indicates that the results are influenced by bubble-like episodes and financial crises.     

Correction to: Energy Consumption and Bitcoin Market

Asia-Pacific Financial Markets - In the original publication of the article, the acknowledgement section has been missed to update.     

Exploring the impact of public transport strikes on travel behavior and traffic congestion

Public transport (PT) disruption can occur due to various factors such as malfunctions and breakdowns of vehicles, power outages, and personnel strikes. This paper explores the network-wide impacts of PT strikes (train, tram, and bus strikes) on traffic congestion in Melbourne, Australia using a network modeling approach. A primary survey aimed to investigate the mode shift of users when each public transport mode ceases was conducted with 648 public transport users in May 2016. Findings show that train withdrawal was expected to result in 43% of users shifting to car. Smaller yet significant shifts to car was also expected with bus withdrawal (34%) and tram withdrawal (17%). Based on the survey results and the use of a four-step transport model, train withdrawal was expected to increase the number of severely congested road links by 130% and reduce the average travel speed from 48 km/h to 39 km/h (20% decrease). Bus and tram withdrawal was also found to increase congestion although the result was less severe. Future research should investigate the switching behavior in actual withdrawal events and explore the long-term effects of public transport withdrawal.     

Energy Consumption and Bitcoin Market

Asia-Pacific Financial Markets - This paper is the first empirical paper to study the relationship between Bitcoin energy consumption and its market. Using the variance decompositions in...