This paper investigates the geographic concentration of water pollution. Chinese firm-level data shows that water pollution emissions are unevenly distributed across regions. Using China’s accession to the World Trade Organization as the exogenous shock, we identify a negative causal effect of...

This paper investigates the effect of export on firm inventory using Chinese firm data. We find that exporting increases firms' inventory stocks. And exporting to more distant destinations is associated with less frequent and more concentrated export transactions

This paper empirically investigates how exporting firms manage their inventory stocks in response to an exogenous trade policy uncertainty shock. Using firm-level data on inventory and exports over the period around China’s WTO accession, we show that a reduction in trade policy uncertainty...

Tax policies are implemented with significant degree of distortion across firms. Using data on Chinese firms' value-added tax (VAT) payment, we empirically investigate whether export liberalization affects the within-industry VAT rate dispersion across firms, a direct measure of distortion....

This paper investigates the effect of export liberalization on firm-level water pollution. With data on Chinese firm-level water pollution around China's WTO accession, we identify a negative causal effect of export liberalization on firm-level water-pollution intensity utilizing the exogenous...

This paper investigates the effect of export liberalization on exporters’ financial leverage. With the ASIF and CCST matched data on Chinese exporter leverage around WTO China’s accession , we identify a negative causal effect of export liberalization, removal the trade policy uncertainty,...