We investigate the impacts of electricity market restructuring on fuel efficiency, utilization and, new to this area, cost of coal purchases among coal-fired power plants using a panel data set from 1991 to 2005. Our study focuses exclusively on coal-fired power plants and uses panel data...

We estimate an equilibrium model of residential sorting with endogenous traffic congestion to evaluate the efficiency and equity impacts of urban transportation policies. Leveraging fine-scale data on household travel diaries and housing transactions with home and work locations in Beijing, we...

The decade from 2010 to 2019 marked a significant turning point in China's history of environmental regulation and pollution. This article describes the recent trends in air and water quality, with a focus on the five years since China declared a "war on pollution" in 2014. It summarizes the...