This paper exploits a natural Market-based Environmental Regulation (MER) experiment
(the 2007 Sulfur dioxide (SO 2) Emissions Trading Pilot (ETP) of the 11th five-year plan …

This paper studies the consequences of China's recent water pollution regulation. We find
evidence that the regulation reduces pollution-intensive activity in highly regulated areas …

Regulation is a key concern of industries, consumers, citizens, and governments alike.
Building on the success of the first edition, Understanding Regulation, Second Edition …

This paper provides a systematic study of the location choice of new polluting firms driven by
the 11th Five-Year Plan's water pollution reduction mandates in China. We explore a unique …

The Porter hypothesis asserts that well-designed regulations can foster innovation for a “win-
win” solution, but it requires environmental regulations to be strict but flexible, which is …

Using a sample of Chinese listed firms in polluting industries for the period of 2008–2010,
we empirically investigate whether and how Buddhism, China's most influential religion …

The obvious paradox within China's environmental politics is the big gap between the
central government's policy and its implementation outcomes at local levels. Despite …

For most developing countries, local government faces a trade-off between economic growth
and environmental protection. The intentions towards having a better environment as the …

China's ongoing urban economic growth has sharply increased the population's per capita
income, lowered the count of people living below the poverty line, and caused major …

In this study, I examine the hidden connection between corporate philanthropic giving and
corporate environmental misconduct. Using survey data from Chinese family-owned firms, I …