We examine the effect of large-scale administrative reorganization in China, where counties are annexed into cities to accommodate urban growth.
We provide new evidence on the causal effects of housing wealth on consumer behavior.
The introduction of the English listening test in the NCEE has exacerbated educational inequality between urban and rural areas in China, thereby affecting the college admission prospects and future income of rural students.
Local fiscal policies have been very effective in China since 2000.
This 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.