This paper assesses the effectiveness of environmental regulations in China. Our identication is based on the environmental policy of the Two Control Zones (TCZ), which was implemented by the Chinese government in 1998. The aim of this policy was to reduce sulfur dioxide (SO2) emissions in...

We use recent detailed Chinese data on trade and pollution emissions to assess the environmental consequences of China's integration into the world economy. We rely on a panel dataset covering 235 Chinese cities over the 2003-2012 period to see whether the environmental repercussions from trade...

Compared to most countries, China's value-added tax (VAT) system is not neutral and makes it less advantageous to export a product than to sell it domestically, as exporters may not receive a complete refund on the domestic VAT they have paid on their inputs. However, the large and frequent...