A Bridge on Economic Issues between China and the World
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Government-Directed Urban Growth, Firm Entry, and Industrial Land Prices in Chinese Cities
Jan K. Brueckner, Wenhua Liu, Wei Xiao, Junfu Zhang, May 17, 2023We examine the effect of large-scale administrative reorganization in China, where counties are annexed into cities to accommodate urban growth.
Local Government Financial Constraint and Spending Multiplier in China
Yang Su, Dec 28, 2022Local fiscal policies have been very effective in China since 2000.
Improving Regulation for Innovation: Evidence from China’s Pharmaceutical Industry
Ruixue Jia, Xiao Ma, Jianan Yang, Yiran Zhang, Mar 06, 2024In 2015, China revamped its pharmaceutical regulations, drawing inspiration from the US, to accelerate drug approvals. Using data at the drug and firm levels during 2011–2021, this study reveals three key outcomes.
Bond for Employment: Evidence from China
Yi Huang, Shu Lin, Haichun Ye, Feb 15, 2023Using the unique institutional feature of government regulations in China, we provide robust evidence that firms with a larger employment size have significantly better access to bond credit.
Social Media Engagement Increases Government Action, Decreases Pollution
Mark Buntaine, Michael Greenstone, Guojun He, Mengdi Liu, Shaoda Wang, Bing Zhang, Dec 14, 2022In China, citizen participation in environmental governance via social media could significantly improve regulatory effort, leading to substantial environmental benefits.
