Publications
"Headquarters Gravity: How Multinationals Shape International Trade," Journal of International Economics, July 2021 Journal link, latest WP version, replication files
"Multinational Production and Corporate Taxes: A Quantitative Assessment," Journal of International Economics, September 2020, link to paper, Journal link, slides, replication files
"Trade wars and industrial policy competitions: Understanding the US-China economic conflicts," with Jiandong Ju, Hong Ma, and Xiaodong Zhu, Journal of Monetary Economics, January 2024, Journal link, online appendix, replication files, Trump Tariffs (2018, HS6 level)
"Trade, FDI, and Global Imbalances," with Wei Li and Guangyu Nie, Journal of International Money and Finance, July 2020, Journal link, replication files
"The Costs of Duty Exemptions in Processing Trade," with Jianpeng Deng, accepted by China Economic Review, Journal Pre-proof
"Who Starts the Trade War? A Theory of Export Controls and Quid Pro Quo," with Yanling Zhou, the World Economy, October 2021, Journal link
"Multinationals, Global Value Chains, and the Welfare Impacts of Economic Sanctions," with Xiayi Du, Economics Letters, November 2022, Journal link, replication files
Working papers
"Local Corporate Taxes and the Geography of Foreign Multinationals," with Jianpeng Deng, Chong Liu, and Yuan Zi, accepted by Review of Economics and Statistics
"Multinational Production, Scale Economics, and the Rise (and Fall?) of the World Factory," with Jianpeng Deng
"Optimal Spatial Emission," with Mengyuan Wang and Zhengying Xie, under revision
"Quantifying the Impact of Global Trade and Industrial Policy Competitions: A Deep Learning Approach," with Xingcheng Xu, Yanqing Yang, and Xiaodong Zhu
"Armington Elasticities and the Third-Country Effects of Trade Policies," with Wei Li, Bin Qiu, Yanbo Zeng, and Yuan Zi, submitted, replication files(CEPR discussion paper)
"Export and Innovation: the Value of Interfirm Knowledge Networks," with Chong Liu
Working in progress
"Luck, Fundamentals, and the Optimal Policies over Space," with Felix Tintelnot
"Multinationals and Markups," with Steven Yeaple
"R&D Subsidies in Production and Knowledge Networks", with Chenran Liu, Chong Liu, and Yuan Zi
"Innovation and Production over Space"