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Housing Wealth and Online Consumer Behavior: Evidence from the Xiong’an New Area in China

Hanming Fang, Long Wang, Yang Yang, Nov 16, 2022

We provide new evidence on the causal effects of housing wealth on consumer behavior.

Improving Regulation for Innovation: Evidence from China’s Pharmaceutical Industry

Ruixue Jia, Xiao Ma, Jianan Yang, Yiran Zhang, Mar 06, 2024

In 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.

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.

Local Government Financial Constraint and Spending Multiplier in China

Yang Su, Dec 28, 2022

Local fiscal policies have been very effective in China since 2000.

Social Media Engagement Increases Government Action, Decreases Pollution

Mark Buntaine, Michael Greenstone, Guojun He, Mengdi Liu, Shaoda Wang, Bing Zhang, Dec 14, 2022

In China, citizen participation in environmental governance via social media could significantly improve regulatory effort, leading to substantial environmental benefits.