The return of protectionism: Prospects for Sino-US trade relations in the wake of the trade war
September 2024
Over the past six years, the Sino-US trade war has not only reshaped the relationship between the world's two largest economies but also profoundly influenced the global economic and trade patterns....
Digital transformation of commercial banks in China: Measurement, progress and impact
March 2023
Nowadays, digital transformation has become an urgent strategic task for traditional commercial banks. Due to the lack of measurement of banks’ digital transformation, whether digital transformation...
The special economic zones and innovation: Evidence from China
December 2021
We examine the impact of Special Economic Zones (SEZs) on innovation using China's county-level data from 1985 to 2011. Results show that the establishment of SEZs promotes a county's innovation in...
Inequality of opportunity and fertility intentions
June 2025
Today's parents prioritize their children's future opportunities and well-being over the costs and benefits of child-rearing. Inequality of opportunity (IO) worsens children's developmental prospects...
Changes in labor share of China: A micro-level anatomy
June 2025
Using comprehensive firm-level databases, we study the micro-basis of different trends in aggregate and individual labor shares in China's manufacturing sector during 1998–2016. We find that (1) redistributing...
Age discrimination causes Unemployment: Evidence from the “35-year-Old phenomenon” in China
June 2025
Age discrimination in the labor market is a global issue, and in China, it becomes a pressing concern, particularly in the context of so-called “35-year-old crisis.” Departing from the literature that...
Impact of maternity leave policy reform on enterprise labor employment: Evidence from China matched employer-employee longitudinal survey data
September 2025
This study uses the China Matched Employer-Employee Longitudinal Survey data to evaluate the impact of maternity leave reform on enterprise labor employment. The results show that the reform does not...
Gender roles and women’s labor market outcomes
June 2021
Using the China General Social Survey data, we tried to examine the impact of gender roles on women’s labor market outcomes. We find that traditional gender roles emphasizing women’s responsibility...
Supply chain interconnection and SME financing: From the perspective of supply chain finance and trade credit
December 2024
By using an enhanced enterprise matching approach, we obtained microdata on the supply chain interconnections between small and medium-sized enterprises (SMEs) and listed companies. Our findings suggest...
The Impact of tariff increase on export and employment of Chinese firms
September 2023
This paper examines the impact of the tariff increase implemented by the U.S. in 2018 on Chinese firms' export and subsequent employment adjustment. Under the influence of front run shipment and expected...
How does the universal two-child policy affect fertility behavior?
December 2023
The Chinese government implemented the universal two-child policy on January 1, 2016 to arrest the decline in the nation's birthrate and address the challenge of a rapidly aging population. We find...
Fundamental research funding promotes college graduates’ employment: Evidence from the National Natural Science Foundation of China
December 2024
Drawing on the case of the the National Natural Science Foundation of China (NSFC), we examine the impact of fundamental research funding on college graduates’ employment. Our findings indicate that...
What are public development banks and development financing institutions ? ——qualification criteria, stylized facts and development trends
December 2021
Public development banks and development financing institutions are experiencing renaissance worldwide, but systematic academic research is patchy. The bottleneck mainly boils down to the lack of data,...
Administrative monopoly regulation and employee wages: Evidence from Fair competition review system in China
September 2025
Unlike previous studies examining how monopoly regulation policies affect enterprise behavior, this study uses the implementation of China's Fair Competition Review System as a quasi-natural experiment....
Uncertainty shocks, transnational innovation collaboration, and Chinese firm innovation
September 2025
Exploiting the quasi-natural experiment of the U.S.-China trade friction, we empirically examine the impact of uncertainty shocks on Chinese firms' overseas patent applications and transnational innovation...
Institutional opening-up promotes local enterprises’ innovation: From the perspective of standards opening-up
September 2025
The participation of foreign-invested enterprises in the formulation of national standards is taken as an opportunity to identify standards opening-up, and the impact of standards opening-up on local...
Education burden reduction, family education investment, and education equity
September 2023
How to effectively reduce the burden of students has received widespread attention in recent years. A series of burden reduction policies have been issued, yet there exists large dispute over the effectiveness...
Overconfident and underconcerned: Behavioral biases in redistribution attitudes
June 2025
This study examines how overconfidence shapes individuals' preference for redistribution. We contend that overconfidence inflates individuals' income expectations, which reduces the perceived benefits...
Air pollution during pregnancy damages the newborns’ health: Evidence from Wuhan Birth Cohort Studies
June 2025
We examine the causal impact of air pollution during pregnancy on the early health of newborns using daily data from environmental monitoring stations in Wuhan and data from the Wuhan Birth Cohort Studies...
Aid and conflict: Evidence from Chinese aid
June 2022
Using data from AidData and the conflict report from Uppsala Conflict Data Program (UCDP) from 2000 to 2014, we find that China's other official flows (OOF) aid can significantly reduce the frequency...
Digital financial inclusion and household risk sharing: Evidence from China's digital finance revolution
December 2022
This paper examines how digital finance development affects household risk sharing in China. We provide convincing evidence that households that experience idiosyncratic negative shocks on income growth...
Lightening up Africa: The effects of Chinese aid on the economic development in Africa
September 2022
This article studies the effects of Chinese aid on economic development in Africa. We geographically match Chinese aid in Africa to the satellite nightlight and other variables. Using a grid-cell panel...
A friend indeed to friends in need? China's trade regime and Covid-19 vaccine diplomacy
September 2024
Employing newly available data on Chinese Covid-19 vaccine deliveries for a cross-section of 157 countries, we examine if China's vaccine diplomacy is driven by altruistic, enlightened self-interested...
Climate change has increased household electricity Consumption——An adaptive behavioral perspective
March 2025
Using the panel data of 244 cities from 2011 to 2020, this paper constructs temperature deviation indicators and evaluates the effects of climate change on electricity consumption from an adaptive behavioral...
Cost-benefit analysis of the Hukou reform: Simulation evidence from a theoretical labor market model
June 2021
We built a labor market model in China to incorporate key features of the current Chinese Hukou system (a system of household registration). Simulation analyses showed that when the Hukou system was...