Trade unions and the wage gap between rural migrant and local urban workers in China
September 2024
This study estimates union wage premiums and analyzes the influence of trade unions on the wage gap between rural migrants and local urban workers in China by employing the Blinder–Oaxaca decomposition...
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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...
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The impact of real estate market risks on the issuance costs of urban investment bonds: Evidence from China
September 2024
It has been widely believed that bond spreads are positively correlated with related market risks. However, some studies in China's urban investment bond (UIB) market indicate that an increase in real...
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Promoting corporate independent innovation through judicial protection of intellectual property rights
September 2024
This study examines the impact of judicial protection of intellectual property rights on firms' independent innovation. Using a staggered difference-in-differences model with panel data from Chinese...
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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....
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Does “Going Global” help to restrain enterprises’ financialization: The Belt and Road initiative as a quasi-natural experiment
June 2024
This paper employs the difference-in-differences (DID) to investigate the impact of “going global” on enterprises' financialization. Baseline estimation shows that the degree of financialization of...
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The contraction of Chinese shadow banking and corporate investment behavior: Evidence from the background of the “New Rules on asset management”
June 2024
Employing the exogenous scenario of the “New Rules on Asset Management” in April 2018, this paper tries to explore the impact of the contraction of Chinese shadow banking on corporate investment behavior....
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Unexpected environmental pollution: The cross-sector spillover effect of tax administration
June 2024
This paper draws on a natural experiment generated by the Key Tax Source (KTS) supervision in China to evaluate the impact of strengthening tax administration on firm's emission behavior. Using a Fuzzy...
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The future of cities in the digital economy era: A study on the impact of internet on the agglomeration of producer services in Chinese Cities
June 2024
We construct an instrumental variable for the Internet penetration rate using China's “8-horizontal-8-longitudinal” optical cable network to identify the impact of the Internet on the agglomeration...
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Physician human capital, healthcare accessibility, and mismatch of healthcare resources
June 2024
China's multilevel medical education system generates tremendous physician human capital heterogeneity. This paper attempts to take advantage of the differences level of doctors' human capital to reveal...
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Can targeted poverty alleviation reduce criminal offenses? Empirical evidence from China judgments online data
March 2024
Targeted Poverty Alleviation (TPA) is an important leverage for China to overcome poverty. While its economic effects are well studied, less is known about the social impact of TPA. Based on trial documents...
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South-South cooperation and food security: Evidence from Chinese agricultural technology demonstration Center in Africa
March 2024
Using the Chinese Agriculture Technology Demonstration Center (ATDC) in Africa as a quasi-natural experiment, we examine the causal impacts of China’s aid on crop production in Africa. The data pertain...
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International related-party trade, institutional differences and performance of foreign-funded enterprises
March 2024
Based on the resource-based view, this paper attempts to analyze the impact of international related-party trade on the performance of foreign-funded enterprises in China from the perspective of value...
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Green credit policy, credit discrimination and corporate debt financing
March 2024
Using the data of listed companies and the DID method, this paper reveals three ways in which green credit policy (GCP) affects corporate debt financing. By controlling credit input, GCP can effectively...
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Emissions cap and structural adjustment11The authors acknowledge financial support from the Natural Science Foundation of China (No. 72341008, 72341011, 72121002) and Ministry of Education Project of Key Research Institute of Humanities and Social Sciences at Universities in China (No. 22JJD790058, 22JJD790013).
March 2024
We use the strengthening of China's emission target control regime during the Eleventh Five-Year Plan period as a quasi-natural experiment to study the impact of strengthened environmental regulation...
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Agglomeration and innovation: Evidence from skyscraper development in China
December 2023
The effects of skyscraper development on surrounding firms' innovation in China is assessed in this paper, and empirical results show that skyscraper development significantly promotes the innovation...
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Moving with the wind: Environmental regulation avoidance and the adjustment of firms’ location
December 2023
Polluting firms typically relocate to avoid stringent environmental regulations. Based on China's Two Control Zones (TCZ) policy, we examine the impact of environmental regulation on firms' location...
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Extracurricular tutoring fever: Competitive pressure and peer effect
December 2023
Recently, China's Ministry of Education has established a new department to regulate extracurricular tutoring for the purpose of reducing students' excessive academic burden. In this paper, we provide...
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Exploring the spatial spillover effects of intellectual property protection and influencing factors
December 2023
This study investigates the spatial dynamics of intellectual property (IP) protection in China, a topic garnering significant attention both domestically and internationally amid the country's innovation-driven...
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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...
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The appropriate level of financial inclusion: The perspective of financial stability
September 2023
We construct a global financial inclusion index using data from the World Bank, IMF, and V-Lab and propose an inverted U-shaped relationship between financial inclusion and financial stability. The...
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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...
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The health and welfare effects of environmental regulation
September 2023
Using the difference-in-differences method, we examine the impact of environmental regulation on individual health, employment, income, and welfare. We find that environmental regulation significantly...
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The effects of the entries by bike-sharing platforms on urban air quality
September 2023
We study the effects of bike-sharing usage on urban air quality in China. Our Difference-in-Differences strategy exploits the staggered entries by two leading bike-sharing companies, ofo and Mobike,...
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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...
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