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To understand the impacts of support programs on global emissions, this paper considers the impacts of domestic subsidies, price distortions at the border, and investments in emission-reducing technologies on global greenhouse gas (GHG) emissions from agriculture. In a step towards a full...
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While there is a vast body of research on the benefits of FDI in developing countries, whether and how the form of FDI matters have received limited attention. In this paper, we study the impact of FDI via quid pro quo (technology for market access) on facilitating knowledge spillover and...
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We study a new consumption stimulus model that leverages mobile payment platforms to dispense massive amounts of small-value, use-it-this-week-or-lose-it digital coupons. We evaluate the effects of one such program in a large Chinese city using novel data of mobile platform transactions of 1...
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China's remarkable run of persistently high growth in recent decades is all the more stunning in light of the country …
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This paper reviews recent literature on China's macroeconomic development, emphasizing the critical role of the … gradualist approach over the past four decades. Beyond China's structural transformation, we explore various aspects such as high … illustrates how China's gradual policy reforms, amidst highly imperfect financial markets, have effectively helped spur GDP growth …
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