This paper examines the role of a sulphur dioxide (SO2) emissions quota introduced as part of China's 11th Five-Year Plan on internal movements of high-skilled labour across Chinese prefecture cities. Using data on migration flows calculated through changes in Hukou status, this study suggests...

We use high-frequency data from location-based mobile phone records to measure domestic air travel patterns of the Chinese population during the Covid-19 pandemic. The travel and tourism industry is a key driver of China's domestic economy and data from this industry helps serve as an objective...

China’s Belt and Road Initiative was introduced in 2013 to revitalise the Silk Road and promote economic development and integration. This paper investigates the economic effects of the opening of the only high-speed rail (HSR) line in northwest China which connects China’s northwestern...

Following market liberalisation, the vehicle population in China has increased dramatically over the past few decades. This paper examines the causal impact of the opening of a heavily used high speed rail line connecting two megacities in China in 2015, Chengdu and Chongqing, on air pollution....

This paper aims to investigate the effects of urbanization, renewable and non-renewable energy consumption, trade liberalization, and economic growth on pollutant emissions and energy intensity in selected Asian developing countries from 1980 to 2010. We use both linear and nonlinear panel data...

In low-income countries, uneven access to clean energy has posed a challenge to reduce socioeconomic inequalities across gender and disadvantaged groups. To address this issue, development planners see potentials from the decentralized energy system (DES) that provides electricity access in...

We find value premium in the Chinese stock market using a conventional buy-and-hold approach which longs the portfolio with the highest BM ratio and shorts the one with the lowest BM ratio. Based on the finding, we test a new strategy by combining the value premium effect and technical analysis....

We investigate the marginal predictive content of small versus large jump variation, when forecasting one-week-ahead cross-sectional equity returns, building on Bollerslev et al. (2020). We find that sorting on signed small jump variation leads to greater value-weighted return differentials...

Environmental research related to military activities and warfare is sparse and fragmented by discipline. Although achieving military objectives will likely continue to trump any concerns related to the environment during active conflict, military training during peacetime has environmental...

This paper estimates the impacts of religiosity on criminal activity using a city-wide shock to religious sentiment from a 2015 Papal visit. Using daily data on all reported offences between 2010 and 2015 in Philadelphia at the census tract level and a difference-in-differences approach, we...