enactment of the in 2003 as a natural experiment, we find that tighter regulation of procurement in China lowers the extent of …

procurement in China lowers the extent of resource misallocation in industries that rely more on government procurement. We …

developed countries, the majority of China’s cross-border M&As are vertical rather than horizontal. I study the difference in …

In this article we review the literature on the recent growth of corporate debt in China, and present stylized facts on … recent reforms of China's bankruptcy law. Finally, we discuss the main challenges faced by China in the implementation of …

While China reduced tariffs as part of the WTO accession process, it also reduced the rebates of the value added tax … export tax changes benefited China and nullified the benefits to the rest of the world of China’s trade liberalization. We … show that trade liberalization benefited China’s trade partners both through an improvement in their terms of trade and …

This paper investigates the impact of import competition on energy efficiency among firms in China. Using a difference …-in-differences approach that exploits industry- and firm-level tariff reductions following China's accession to the WTO, we examine the …

Using the split-share structure reform in China, we examine the effect of stock liquidity on investment efficiency. We …