Selected Publications

1. Selected publications on the evolution of human society

Political Fragmentation versus a Unified Empire in a Malthusian Economy 

Journal of Economic Behavior and Organization, 2024, vol. 222, 284-293 (with Pietro Peretto and Yuichi Furukawa


From Neolithic Revolution to Industrialization 

Macroeconomic Dynamics, 2024, vol. 28, 699-717 (with Rongxin Xu) 


Natural Selection and Neanderthal Extinction in a Malthusian Economy 

Journal of Population Economics, 2023, vol. 36, 1641-1656

A Chinese summary by Chen Zhu can be found on Zhihu. 




2. Selected publications on the historical origins of economic growth

Innovation and Inequality from Stagnation to Growth

European Economic Review, 2023, vol. 160, 104615 (with Pietro Peretto


Export-Led Takeoff in a Schumpeterian Economy 

Journal of International Economics, 2023, vol. 145, 103798 (with Pietro Peretto and Rongxin Xu)


Agricultural Revolution and Industrialization 

Journal of Development Economics, 2022, vol. 158, 102887 (with Pietro Peretto and Xilin Wang) 

A Chinese summary can be found on this WeChat platform.


Rent-Seeking Government and Endogenous Takeoff in a Schumpeterian Economy

Journal of Macroeconomics, 2022, vol. 72, 103399 (with Yuichi Furukawa and Xilin Wang)


Culture and Stages of Economic Development

Economics Letters, 2022, vol. 210, 110213 (with Zonglai Kou and Xilin Wang)


Status-Seeking Culture and Development of Capitalism 

Journal of Economic Behavior and Organization, 2020, vol. 180, p. 275-290 (with Haichao Fan and Xilin Wang)


Effects of Patents on the Transition from Stagnation to Growth 

Journal of Population Economics, 2020, vol. 33, p. 395-411 (with Zonglai Kou and Xilin Wang)




3. Selected publications on patent policy and economic growth (summary and survey)

Dynamic Effects of Patent Policy on Innovation and Inequality in a Schumpeterian Economy

Economic Theory, 2021, vol. 71, p. 1429-1465 (with Yuichi Furukawa, Sushanta Mallick, Pietro Peretto and Xilin Wang


Do Stronger Patents Stimulate or Stifle Innovation? The Crucial Role of Financial Development 

Journal of Money, Credit and Banking, 2020, vol. 52, p. 1305-1322 (with Guido Cozzi, Haichao Fan, Shiyuan Pan and Mengbo Zhang)


Effects of Patents versus R&D Subsidies on Income Inequality

Review of Economic Dynamics, 2018, vol. 29, p. 68-84 (with Guido Cozzi)


Effects of Economic Development in China on Skill-Biased Technical Change in the US

Review of Economic Dynamics, 2015, vol. 18, p. 227-242 (with Guido Cozzi and Yuichi Furukawa)


Stage-Dependent Intellectual Property Rights in China

Journal of Development Economics, 2014, vol. 106, p. 239-249 (with Guido Cozzi and Silvia Galli)


Does Intellectual Monopoly Stimulate or Stifle Innovation?

European Economic Review, 2012, vol. 56, p. 727-746 (with Guido Cozzi and Silvia Galli)


The Welfare Cost of One-Size-Fits-All Patent Protection

Journal of Economic Dynamics and Control, 2011, vol. 35, p. 876-890


Effects of Patent Policy on Income and Consumption Inequality in an R&D Growth Model

Southern Economic Journal, 2010, vol. 77, p. 336-350


Effects of Blocking Patents on R&D: A Quantitative DGE Analysis

Journal of Economic Growth, 2009, vol. 14, p. 55-78




4. Selected publications on monetary policy and economic growth (summary and survey)

Inflation, Unemployment and Economic Growth in a Schumpeterian Economy

Scandinavian Journal of Economics, 2021, vol. 123, p. 874-909 (with Guido Cozzi, Haichao Fan and Yuichi Furukawa)


Innovation and Inequality in a Monetary Schumpeterian Model with Heterogeneous Households and Firms 

Review of Economic Dynamics, 2019, vol. 34, p. 141-164 (with Guido Cozzi, Haichao Fan, Yuichi Furukawa and Chih-Hsing Liao


A Tale of Two Growth Engines: Interactive Effects of Monetary Policy and Intellectual Property Rights 

Journal of Money, Credit and Banking, 2019, vol. 51, p. 2029-2052 (with Ching-Chong Lai and Chih-Hsing Liao


Inflation and Innovation in a Schumpeterian Economy with North-South Technology Transfer 

Journal of Money, Credit and Banking, 2019, vol. 51, p. 683-719 (with Guido Cozzi, Yuichi Furukawa and Chih-Hsing Liao


Inflation and Economic Growth in a Schumpeterian Model with Endogenous Entry of Heterogeneous Firms

European Economic Review, 2017, vol. 98, p. 392-409 (with Guido Cozzi, Yuichi Furukawa and Chih-Hsing Liao


Monetary Policy and Endogenous Market Structure in a Schumpeterian Economy 

Macroeconomic Dynamics, 2016, vol. 20, p. 1127-1145 (with Lei Ji


Inflation, R&D and Growth in an Open Economy 

Journal of International Economics, 2015, vol. 96, p. 360-374 (with Guido Cozzi, Ching-Chong Lai and Chih-Hsing Liao


R&D and Economic Growth in a Cash-in-Advance Economy 

International Economic Review, 2014, vol. 55, p. 507-524 (with Guido Cozzi)


Money and the Welfare Cost of Inflation in an R&D Growth Model

Journal of Money, Credit and Banking, 2013, vol. 45, p. 233-249 (with Ching-Chong Lai)




5. Selected publications on other topics in economic growth

Should the Government Subsidize Innovation or Automation? 

Macroeconomic Dynamics, 2023, vol. 27, p. 1059-1088 (with Guido Cozzi, Yuichi Furukawa and Chih-Hsing Liao)


Unions, Innovation and Cross-Country Wage Inequality  

Journal of Economic Dynamics and Control, 2016, vol. 64, p. 104-118 (with Guido Cozzi and Yuichi Furukawa)  


Endogenous Fertility and Human Capital in a Schumpeterian Growth Model  

Journal of Population Economics, 2013, vol. 26, p. 181-202 (with Guido Cozzi and Chih-Hsing Liao


Fiscal Centralization versus Decentralization: Growth and Welfare Effects of Spillovers, Leviathan Taxation, and Capital Mobility  

Journal of Urban Economics, 2012, vol. 71, p. 177-188 (with C.C. Yang




For a complete list of my publications, please refer to curriculum vitae, GS citations, Scopus citations and Web of Science citations.