A Bridge on Economic Issues between China and the World
Facebook 
Twitter 
Instagram
WeChat 
Email Most Popular
Learning by Investing: entrepreneurial spillovers from venture capital
Josh Lerner, Jinlin Li, Tong Liu, May 22, 2024The experience gained by individual investors from participating in venture capital funds significantly enhances their entrepreneurial capabilities in the high-tech sector.
Environmental Externalities, Product Attributes, and Market Power: Implications for Government Subsidies
Panle Jia Barwick, Hyuk-soo Kwon, Shanjun Li, Sep 18, 2024The article discusses how attribute-based subsidy (ABS) designs lead to higher product quality and more effectively mitigate market power than uniform subsidies, albeit with a modest environmental cost.
Demand for Retirement Insurance: What Do People Want?
Cheng Wan, Hazel Bateman, Hanming Fang, Katja Hanewald, Oct 02, 2024This article discusses the diversity and preference variations in the demand for retirement insurance among urban residents in China, particularly the high demand for health-related insurance such as critical illness (CI) and long-term care (LTC) insurance, and how individual financial circumstances, risk appetites, and bequest motives significantly influence their choice of retirement insurance products.
Destination-Specific Export Expansions and Their Impact on Education and Long-Term Outcomes in China
Junsen Zhang, Kang Zhou, Jul 17, 2024This article discusses that export expansions to wealthy countries significantly increased high school enrollment rates in specific regions and among certain groups in China, but this impact did not translate into an increased prevalence of higher education. Instead, it had long-term effects on employment and fertility outcomes for the affected cohorts.
The Externalities of ESG Disclosure
Yi Jiang, Ya Kang, Hao Liang, Jul 24, 2024This article discusses that China's mandatory Environmental, Social, and Governance (ESG) disclosure policies have led firms to increase their donations for poverty alleviation, yet paradoxically have also resulted in higher pollution levels, thereby highlighting the potential environmental negative externalities that can arise from the government's mild steering of corporate behavior through disclosure mandates.
