Background: This paper measures the aggregate trade costs from 2000 to 2013, and dicusses the impact of China’s aggregate trade costs on comparative advantages and export share of 17 two-digit ISIC manufacturing industries. Methods: This paper takes China’s vertical specialization reality...

We examine the effect of the cross-border merger and acquisition (M&A) activities of Chinese firms on their corporate social responsibility (CSR) performance. We find that Chinese acquirers significantly increase CSR performance and CSR spending following cross-border M&As. The legal origins and...

Economic policy uncertainty is proven to have an important effect on household consumption. However, the literature on its transmission mechanism and on comparing the consumption response of urban and rural households, especially in China, is limited. In this paper, we propose two channels...