Most Popular

Subways and Road Congestion

Yizhen Gu, Chang Jiang, Junfu Zhang, Ben Zou, May 06, 2020

In our recent work (Gu et al., 2019), we combine a difference-in-differences approach with a novel road speed dataset from Baidu Maps to provide evidence on the effect of subways on road congestion. We explore heterogeneous effects with respect to road characteristics. Guided by a conceptual framework of transportation mode choices, we shed light on the welfare impact of subways, using Beijing as an example.

The Great Chinese Inequality Turnaround

Ravi Kanbur, Yue Wang, Xiaobo Zhang, Jul 26, 2017

This paper argues that after a quarter century of sharp and sustained increase, Chinese inequality is now plateauing and even turning using various data sources and inequality perspectives. The evolution of inequality is further examined through decomposition by income sources and subgroups. Some preliminary explanations are provided for these trends in terms of shifts in policy and the structural transformation of the Chinese economy.

Connections and Buildings collapse in the Sichuan Earthquake

Yiming Cao, May 24, 2023

This study investigates the factors contributing to building damage during the 2008 Sichuan earthquake.

The Impact of Rural-Urban Migration on House Prices in China

Carlos Garriga, Aaron Hedlund, Yang Tang, Ping Wang, Jan 27, 2021

Rural-urban migration is an integral part of the dynamic process of structural transformation. The interplay between population inflows and house prices depends on various geographical differences in the economic and policy climate. In the case of China, we highlight particularly the roles played by location-specific hukou restrictions and local land supply.

Relocating or Redefined: A New Perspective on Urbanization in China

Li Gan, Qing He, Ruichao Si, Daichun Yi, Mar 18, 2020

We study the urbanization process in China during the past decade by deconstructing different sources of new urban residents. We find that around one-third of urban population growth in the past decade has consisted of redefined migrants from communities that have been reclassified from rural to urban, though they do not actually move. We further find evidence that failing to consider the number of redefined migrants and their housing behaviors leads to a high housing vacancy rate in China’s urban areas.