Although state-owned enterprises (SOEs) have long been criticized for being inefficient, they
play a vital role in realizing social welfare including the improvement of environmental …

Green financial investment and privatization have been widely used as policy tools to
promote economic growth and efficiency in many countries. However, their effects on …

I examine the effects of oligopsony power on allocative efficiency and income redistribution
by studying a size regulation in the Chinese tobacco industry that led to ownership …

To meet researchers' increasing interest in the fast growing innovation activities taking place
in China, we match patents filed with China's State Intellectual Property Office to firms …

This paper adds to the literature by identifying the causality of corporate tax policy on firm
innovation in a developing country. We exploit the China's 2006 corporate income tax base …

Do mergers help or hinder collusion? This article studies the stability of the vitamin cartels in
the 1990s and presents a repeated-games approach to quantify “coordinated effects” of a …

Utilizing a dataset of VC investment from 2005 to 2018, we investigate the relationship
between air pollution and venture capital (VC) investment. We find that startups suffering …

While there is a vast body of research on the benefits of FDI in developing countries,
whether and how the form of FDI matters have received limited attention. In this paper, we …

This study investigates an observed contradiction between economic theory and empirical
trends, specifically, whether digitalization reduces customer concentration. Previous …

How to improve the development quality of state-owned enterprises is of great significance
to the economic and social development in the transition period. And promoting the reform of …