Our analysis is the first of its kind to explore patterns of subsidization and CO2 emissions in China's electricity producing sector. Applying data for all power plants across China and controlling for the age, capacity and location of generating stations, we find that plants attracting a higher...

This paper investigates the technical inefficiency, shadow price and substitution elasticity of CO2 emissions of China based on a provincial panel for 2001-2010. Using linear programming to calculate a quadratic parameterized directional output distance function, we show that China's technical...

This paper estimates the Marginal Abatement Cost Curve (MACC) of CO2 emissions in China based on a provincial panel for the period of 2001-2010. The provincial marginal abatement cost (MAC) of CO2 emissions is estimated using a parameterized directional output distance function. Four types of...

[enter Abstract Body]China’s local environmental protection agencies are the basic government units that implement the country’s environmental regulations. Initiated decades ago, the vertical environmental management reform was gradually rolled out throughout the country with the aim of...

While the recent success of Africa's 'Lionesses' - successful female entrepreneurs - is internationally celebrated, less is known about how liquidity can fuel the success of the 'Lionesses' and other businesswomen. Using information from a panel of over 800 male- and female-owned businesses in...

The recent move towards decoupling from China, prompted by the 2018 trade conflict, has implications for the innovativeness of Chinese firms. Using patent data from the Chinese State Intellectual Property Office, together with comprehensive firm‐level data, and applying an inverse propensity...

This paper argues for an ambitious but realistic approach to defining the future role of the International Monetary Fund (IMF). The IMF is the only international institution with the analytical capacity and political standing to hold all national governments accountable to the same standards for...

While the recent success of Africa’s ‘Lionesses’ – successful female entrepreneurs – is internationally celebrated, less is known about how liquidity can fuel the success of the ‘Lionesses’ and other businesswomen. Using information from a panel of over 800 male- and female-owned...

Previous aggregate studies ignore additional environmental improvements caused by intra industry reallocations to high productivity/ low pollution firms. They also fail to consider potential differences in abatement efforts by exporting status. Our estimation based on UK firm level data from...