Compared to most countries, China’s value-added tax (VAT) system is not neutral and makes it less advantageous to export a product than to sell it domestically, as exporters may not receive a complete refund on the domestic VAT they have paid on their inputs. However, the large and frequent...

Compared to most countries, China’s value-added tax (VAT) system is not neutral and makes it less advantageous to export a product than to sell it domestically, as exporters may not receive a complete refund on the domestic VAT they have paid on their inputs. However, the large and frequent...

This paper assesses the effectiveness of environmental regulations in China. Our identication is based on the environmental policy of the Two Control Zones (TCZ), which was implemented by the Chinese government in 1998. The aim of this policy was to reduce sulfur dioxide (SO2) emissions in...

This paper assesses the effectiveness of environmental regulations in China. Our identication is based on the environmental policy of the Two Control Zones (TCZ), which was implemented by the Chinese government in 1998. The aim of this policy was to reduce sulfur dioxide (SO2) emissions in...