We examine the environmental consequences of two regional economic development (RED) policies that aimed to develop the economy of the relatively underdeveloped upper Pearl River (UPR) regions in Guangdong Province, China. Applying the triple-difference analysis to annual county-industry-level...

The globally surging demand for electricity increases coal consumption and sulfur dioxide (SO2) pollution. However, the causal evidence of the effects of SO2 pollution on health is scarce, especially in developing countries. We leverage a large national environmental policy implemented to reduce...

Recent years have seen a sustained decline in the labor share around the world. This paper studies this trend by focusing on the effect of corporate income taxes on firm-level labor shares. From 2010 to 2013, the Chinese central government cut the corporate income tax rate in 21 cities for...