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Returnees and Innovation: Evidence from Chinese Publicly Listed Firms

Yibo Qiao, Andrea Ascani, Stefano Breschi, Andrea Morrison, Jan 05, 2024

We investigate the relationship between high-skill returnees and innovation of Chinese publicly listed firms.

Trade Policy Uncertainty and New Firm Entry: Evidence from China

Chuantao Cui, Leona Shao Zhi Li, Sep 20, 2023

Exploiting China’s WTO accession as a quasi-natural experiment, this study finds that reduced trade policy uncertainty (TPU) in a major destination market promotes domestic entrepreneurial activities in China

Window Dressing in the Public Sector: Evidence from China’s Compulsory Education Promotion Program

Hanming Fang, Chang Liu, Li-An Zhou, Nov 15, 2023

We document public-sector window dressing behavior in China’s Compulsory Education Promotion Program during the 1990s. Window-dressing behavior has been well-documented in various organizations when an agent faces high-stakes incentives.

Discounting Chinese Industrial Policy

Andrew J.Sinclair, Chuyi Zhang, Jan 31, 2024

The Chinese government supports the development of dozens of industries today, but the long-run sustainability of this model depends crucially on policy efficiency.

The Burden of Education Costs in China: A Struggle for All, but Heavier for Lower-Income Families

Dezhuang Hu, Hongbin Li, Tang Li, Lingsheng Meng, Binh Thai Nguyen, Mar 27, 2024

Household education expenditure in China accounts for a substantial portion of household income, averaging around 17.1%, and it is inversely related to household income. As a necessity, education expenditure imposes excessively high costs on lower-income families. China needs to formulate policies to alleviate the financial burden on families, reform the school system, and enhance educational equity.