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