subway expansion does the opposite. Second, residential sorting strengthens the effectiveness of congestion pricing in …

evaluate its welfare consequences. This paper examines an important industrial policy in China in the 2000s, aiming to propel … model of firm entry, exit, investment, and production, we find that the scale of the policy was massive and boosted China … increased industry fragmentation and idleness. The effectiveness of different policy instruments is mixed: production and …

Many studies of regional disparity in China have focused on the preferential policies received by the coastal provinces …

Broadly speaking, two schools of thought have emerged to interpret China's rapid growth since 1978:the experimentalist … school and the convergence school. The experimentalist school attributes China's successes to the evolutionary, experimental …, and incremental nature of China's reforms. Specifically, the resulting non-capitalist institutions are said to be …

credit and debit card transactions in China from 2013 to 2015, this paper provides to our knowledge the first analysis of the … Health Organization's annual standard of 10 mg/m3 would amount to $42 billion, or nearly 7% of China's total healthcare …

While China has made great strides in transforming its centrally-planned economy to a market-oriented economy, there … competition and social welfare in the context of China's automobile market. This market exhibits a salient feature that vehicle …

records from the world's largest payment network, this research compiles daily travel flows and documents that China's rapid …