In this study we analyse the role of the Clean Development Mechanism (CDM) established by the Kyoto Protocol in channelling foreign technology to China. The descriptive analysis investigates the sources and the determinants of foreign technology transfer based on the examination of 1,355...

This paper exploits a short-lived cooperation program between the U.S.S.R. and China, which led to the construction of 156 "Million-Rouble plants" in the 1950s. We isolate exogenous variation in location decisions due to the relative position of allied and enemy airbases and study the long-run...

The GDP tournament among local governments plays a crucial role in supporting China's growth miracle. Investment-driven economic growth has led to a surge in local government debt in the past decade. To understand the relationship between local government debt and regional competition in GDP...

This study investigates the impact of high-speed rail investment on the economy and environment in China using a computable general equilibrium (CGE) model with a focus on the period 2002-2013. The analysis is implemented in a dynamic recursive framework capturing long-run capital accumulation...

This study investigates the spatial impact of urban transit systems on housing prices with a focus on three Chinese metropolitan areas -- Guangzhou, Wuhan and Chengdu. Based on a dataset of 7,348 housing properties located in 14 cities, a spatial hedonic modeling approach is adopted to assess...

This study estimates the productivity of public capital by constructing the public capital stock of 214 prefectures in China from 1999 to 2006 and combining both the macro-level data of prefectural economies and the micro-level data of manufacturing firms. Using an instrumental variable...

This paper exploits a short-lived cooperation program between the U.S.S.R. and China, which led to the construction of 156 "Million-Rouble plants" in the 1950s. We isolate exogenous variation in location decisions due to the relative position of allied and enemy airbases and study the long-run...

After reading Richard Florida’s work (e.g. Florida, 2003) on the creative industry and on the importance of the creative class for urban development in post-industrial economies, many cities in Europe and the USA have started to invest in creativity in general and in design in particular. Much...

This study investigates the economic impact of China's "stadium diplomacy" in Sub-Saharan Africa. Exploiting the staggered timing of the construction in a difference-in-differences framework, we analyze the effect of Chinese-built and financed stadiums on local economic development. Employing...

After reading Richard Florida’s work (e.g. Florida, 2003) on the creative industry and on the importance of the creative class for urban development in post-industrial economies, many cities in Europe and the USA have started to invest in creativity in general and in design in particular. Much...