Working Papers

Unequal Transition: The Widening Wealth Gap amidst China's Rapid Growth. with Yangtian Jiang and Yu Zheng. CEPR Discussion Paper No. 17802. 

Leapfrogging by Switching Lanes: Directed Technical Change in China's Transition to Electric Vehicles. with Ufuk Akcigit, Yong Wang and Wan Xu

Trade and the Skill Premium Dynamics in a Dual Economy. with Zhuokai Huang, Xin Wang, and Ruixuan Zhong

Endowment, Industrial Upgrading, and Growth in an Open Economy: An Analysis of China. with Ruixuan Zhong

Work in Progress

China's Transition to Clean Technology. with Yong Wang, Wan Xu, and Shenghao Yu.

Urbanization Like China: the Wealth-Transferring Role of Land, 2000-2020. with Weizheng Yue and Ruixuan Zhong

Publications

Mergers and Acquisitions and the Aggregate Markup. with Linyi Cao. Macroeconomic Dynamics. volume 29, 2025, e115. 

A Theory of the Dynamics of Factor Shares  [Appendix]. with Michele Boldrin, David K. Levine, and Yong Wang. Journal of Monetary Economics. volume 148, November 2024.

Entry Barriers and Growth: the Role of Endogenous Market Structure [Appendix]. with Lucia Helu Jiang and Yu Zheng. International Economic Review. 65(3), August 2024, 1221-1248. 

Haste Makes Waste? Quantity-Based Subsidies under Heterogeneous Innovations [Appendix]. with Linyi Cao, Lucia Helu Jiang, and Guangwei Li.  Journal of Monetary Economics, volume 142, March 2024.

Social-economic Change and Its Impact on Violence: Homicide History of Qing China. with Zhiwu Chen and Kaixiang Peng. Explorations in Economic History, 2017, 63, 8-25.

Publications in Chinese

Asymmetry in Factor Substitution and Resource Allocation Efficiency. with Justin Yifu Lin, Yong Wang and Weizheng Yue, 管理世界, 2025 (6): 1-19

Learning, Innovation, and Economic Growth: the Role of Knowledge-embodied Imports for Developing Countries. with Zhongchen Fan and Jimmy Xu, 经济学 (季刊), 2023, 23 (2), 585-603.

Dormant Working Papers

Technical Progress and Labor Share Decline in the Manufacturing and Distribution Industry. with Michele Boldrin.