Climate risks and market efficiency
Climate science finds that the trend towards higher global temperatures exacerbates the risks of droughts. We investigate whether the prices of food stocks efficiently discount these risks. Using data from thirty-one countries with publicly-traded food companies, we rank these countries each year ba...
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Main Authors: | HONG, Harrison, LI, Frank Weikai, XU, Jiangmin |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2019
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Subjects: | |
Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/5966 https://ink.library.smu.edu.sg/context/lkcsb_research/article/6965/viewcontent/Climate_Risks_Market_Efficiency_2017_pp.pdf |
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Institution: | Singapore Management University |
Language: | English |
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