A Bridge on Economic Issues between China and the World
Facebook 
Twitter 
Instagram
WeChat 
Email Most Popular
Outward FDI and Domestic Input Distortions: Evidence from Chinese Firms
Cheng Chen, Wei Tian, Miaojie Yu, Sep 08, 2021A recent study shows that domestic input distortions faced by private firms in China have generated extra incentives for those firms to invest and produce abroad. This finding helps explain an astonishing increase in China’s outward foreign direct investment (FDI) flows since the financial crisis.
China’s New Nationwide CO2 Emissions Trading System: General Equilibrium Impacts
Lawrence H. Goulder, Xianling Long, Chenfei Qu, Da Zhang, Apr 17, 2024This article discussing the comprehensive impacts of China's newly introduced nationwide CO2 emissions trading system, with a focus on its interactions with environmental costs, the fiscal system, and the challenges faced in policy cost distribution.
Competitive Effects of China’s Listing Suspensions
Frank Packer, Mark M. Spiegel, Oct 28, 2020China’s suspensions of initial public offerings (IPOs) provide a unique opportunity to evaluate the competitive effects of IPO activity on listed firms, as existing studies are challenged by the influence of market conditions on IPO timing. We evaluate the stock returns of listed firms on the Shanghai and Shenzhen exchanges over the three most recent suspensions. We confirm adverse effects on listed firms from IPOs, both from direct competition and from the creation of close asset substitutes. We also find that weaker firms are more exposed to the adverse effects of IPO listings.
The Value of Childhood Vaccination in China
Hamid Reza Oskorouchi, Alfonso Sousa-Poza, David Bloom, Sep 09, 2020Using data from the China Health and Retirement Longitudinal Study (CHARLS) we estimated the effect of childhood vaccination on later-life schooling and cognitive abilities of elderly Chinese. We found that being vaccinated in childhood increases schooling by one year and improves numeracy and episodic memory scores by 6 percent on average. These encouraging results confirm the powerful and long-lasting benefits of childhood vaccination.
Opening Up in the 21st Century: A Quantitative Accounting of Chinese Export Growth
Loren Brandt, Kevin Lim, Apr 12, 2023China’s rapid export growth has spurred extensive research investigating its effects on other economies. However, the exact causes of the boom as well as the slowdown in Chinese exporting after 2007 are less well understood.
