Policy interaction is an important way to deal with increasingly complex environmental
problems. This paper examines the investment-related tax cuts and the policy interaction …

We study a Chinese policy that awards substantial tax cuts to firms with R&D investment
over a threshold or “notch.” Quasi-experimental variation and administrative tax data show a …

This paper examines the impact of switching from paper to electronic invoicing on firm tax
compliance and performance using quasi-experimental variation in the roll-out of VAT e …

China's national accounts are based on data collected by local governments. However,
since local governments are rewarded for meeting growth and investment targets, they have …

Abstract Taking the 11th Five-Year Plan in China as a quasi-natural experiment, this paper
explores the impact of environmental regulation on corporate tax avoidance based on firm …

We employ firm-level tax survey data and a staggered difference-in-differences to evaluate
how China's low-carbon city pilots (LCCP) affects CO 2 emissions. Results show a 30 …

Low-carbon industrial upgrading is a central means to achieve long-term climate change
mitigation and sustainable industrial development. Yet the empirical evidence on the effects …

We study how tax policies that lower the cost of capital impact investment and labor demand.
Difference-in-differences estimates using confidential Census Data on manufacturing …

We evaluate the effects of a Chinese accelerated depreciation policy that occurred in 2014
on firm investment. We present three findings. First, on average, the policy increased firms' …

Despite the historic prevalence of industrial policy and its current popularity, few empirical
studies directly evaluate its welfare consequences. This paper examines an important …