Research
Publications:
"Government Extraction and Firm Size: Local Official's Responses to Fiscal Distress in China." Journal of Comparative Economics, 46(4), December 2018.
"Political Connection, Corporate Philanthropy and Efficiency: Evidence from China's Anti-Corruption Campaign." with Xiaoxue Zhao, Jinfan Zhang, and Zhuoqun Hao. Journal of Comparative Economics, 48(3), September 2020.
"Tax Compliance and Investment Incentives: Firm Responses to Accelerated Depreciation in China." with Ziying Fan. Journal of Economic Behavior and Organization, 176, August 2020.
"Export to Elude." with Haichao Fan, Larry Qiu, and Xiaoxue Zhao. Journal of International Economics, Volume 127, November 2020, 103366.
"Export as Shelter from Domestic Corruption: Theory and Evidence from Developing Countries". with Mohan Zhou, Faqin Lin, and Lihua Gu. World Economy, Volume 44, Issue 4, April 2021.
"Does Government Debt Impede Firm Innovation? Evidence from the Rise of LGFVs in China." with Jianyong Fan, Qi Zhang, and Peng Zhao. Journal of Banking and Finance. Volume 138, May 2022, 106475.
"Firm Outward Direct Investment and Multinational Activity Under Domestic Taxes." with Haichao Fan, Suhua Tian, and Xuan Wang. Economic Inquiry, 2023.
"Market Competition and Energy Efficiency: Firms’ Responses to the WTO Accession in China." with Xueyue Liu and Ruili Zhao. Journal of Economic Behavior and Organization. Volume 214, October 2023, Pages 670-690.
"Technological Adoption and Taxation: The Case of China's Golden Tax Reform." with Haichao Fan, Nancy Qian, and Jaya Wen. NBER Tax Policy and the Economy, 38. Forthcoming.
Working Papers:
"Tall Trees Catch Much Wind? The Effects of Formalization on Fiscal Capacity." Reject & Resubmit at Journal of Law, Economics, and Organization.
"Trade Uncertainty and Firm Pollution: The Role of Emission Caps" with Haichao Fan, Guangyuan Guo, and Huanhuan Wang. Revise & Resubmit at Journal of Economic Behavior and Organization.
"Connect to Invest: Hometown ties, intercity capital flows, and allocative efficiency in China." with Xiangyu Shi. Submitted.
"Fiscal Capacity and Capital Misallocation: the Economic Costs of Tax Evasion" with Xiaoxue Zhao. Submitted.
"Superstar Spillovers in Teams: Evidence from the Chinese Super League." with Qiwei He. Submitted.
"Housing Booms and Local Capital Misallocation." with Nian Liu and Xiaoxue Zhao. Under Revision.
"Computerizing VAT Invoices in China." with Haichao Fan, Nancy Qian, and Jaya Wen. NBER Working Paper 24414. VoxEU. Under Revision.
Work in Progress:
"State Capacity and Economic Development under Capital Mobility." with Xiaoxue Zhao.