This paper investigates how exports respond to trade protection by studying the U.S.-China trade war in 2018. Using monthly customs data in China from January 2017 to May 2019, we find that the launch of the trade war against Chinese exports by the U.S., on average, reduces Chinese total exports...

This paper empirically investigates whether FDI liberalization affects productivity dispersion, a potential source of resource misallocation. The identification uses the FDI deregulation policy implemented by the Chinese government in 2002, in which some industries became being foreign...

We look into determinants (volatility, crises, sentiment and the U.S. 'fear' index) of herding using BRICS as our sample. Investors herd selectively to crises and herding is a short-lived phenomenon. Herding was highest during the global financial crisis (only China was affected). There was no...

Conventional literature generally believes that the signing of FTA will increase the trade between member countries, but it will damage the trade with non-member countries and reduce the overall level of global welfare. With the quasi-natural experiment of the signing of the China-Australia FTA...

Fundamental understanding about carbon steam gasification at atomic scale plays a significant role in industry. The reaction mechanism of graphene sheets in a steam-rich environment is simulated at the atomic scale using molecular dynamics with reactive force field. The speed segmentation...

Peroxymonosulfate (PMS) activation is regarded as a powerful method for the degradation of organic pollutants. Carbon materials have attracted much attention for PMS activation toward efficient nonradical oxidation process. The catalytic activity of most nanocarbon materials is usually...

Fundamental understanding about carbon steam gasification in atomic scale plays a significant role in industry. The reaction mechanism of graphene sheets in a steam environment is simulated at the atomic scale using molecular dynamics with reactive force field. The speed segmentation phenomenon...

Trust, as an important social capital and informal institution, has profoundly affected transaction behaviors in Chinese second-hand housing market. Based on the second-hand housing transactions of 17 cities from Lianjia database, this paper matches the birthplaces of traders with CESS2000 to...

We look into determinants (volatility, crises, sentiment and the U.S. ‘fear’ index) of herding using BRICS as our sample. Investors herd selectively to crises and herding is a short-lived phenomenon. Herding was highest during the global financial crisis (only China was affected). There was...

We look into determinants (volatility, crises, sentiment and the U.S. ‘fear’ index) of herding using BRICS as our sample. Investors herd selectively to crises and herding is a short-lived phenomenon. Herding was highest during the global financial crisis (only China was affected). There was...