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 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....
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...
From algorithm to alliance: The role of AI in shaping corporate collaborative innovation
March 2026
Based on data from Chinese manufacturing listed companies between 2010 and 2024, this study empirically examines the impact of corporate artificial intelligence (AI) adoption on collaborative innovation...
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,...
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...
Firm's basic research and breakthrough innovation-- from the perspective of resource-based view
December 2025
With intensifying global competition and rapid technological advancement, breakthrough innovation has become a critical avenue for firms to build sustainable competitive advantages. Based on a resource-based...
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...
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...
Shifting the safety net: Does social health insurance reshape intergenerational support?
March 2026
This study investigates the impact of China's Urban-Rural Resident Basic Medical Insurance (URRBMI) integration on intergenerational economic transfers within rural families. Exploiting its staggered...
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...
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...
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...
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...
The policy of tax credit bank loan promotes employment in small and micro enterprises
March 2026
Using the policy of tax credit bank loan (TCBL) as a case study, this paper examines how the reduction in asymmetry in the information of “Banks, Tax Authorities, and Enterprises” affects the level...
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...
Environmental and ecological taxation in the People's Republic of China and the case for the introduction of a carbon tax
March 2026
This paper examines the evolution of environmental and ecological taxation in the People's Republic of China (PRC), tracing the transition from a "command-and-control" regulatory model to a sophisticated,...
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...
Internal and external uncertainties and macroeconomic downside risk in China
March 2026
Focusing on the macroeconomic downside risk under uncertainty shocks, we begin by refining the measurement of China's internal and external economic uncertainties, and the adjustment for extreme outliers...
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...
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...
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...
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...
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...