Recently, various environmental problems have been generated with the rapid economic development in China. That's because China currently over-emphasized economic development beyond environmental issues; therefore, now it is important to enforce optimal environmental policies in order to achieve...

Almond et al., published in the American Economic Review in 2009, spurred an influential literature that exploits quasi-experimental spatial variation in atmospheric emissions associated with winter heating policies in the world’s most populous nation, China. Our study takes advantage of an...