A Bridge on Economic Issues between China and the World
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The Effect of the China Connect
Chang Ma, John Rogers, Sili Zhou, Aug 07, 2024This article discusses that The China Connect not only introduced new learning channels by improving market efficiency, but also increased domestic firms' sensitivity to global shocks and revealed the policy trade-offs between efficiency and volatility in liberalization.
Sharing the Entrepreneurial Wealth?
Josh Lerner, Junxi Liu, Jacob Moscona, David Yang, Jun 12, 2024This article discussing the emergence of China in the field of innovation and entrepreneurship is reshaping the global entrepreneurial landscape, paving novel ways for achieving a broader wealth sharing.
How Does Salient Academic Rank Affect Student Performance? Insights from a Chinese Middle School Study
Rigissa Megalokomomou, Yi Zhang, Nov 20, 2024This article reveals interesting insights into the effects and mechanisms of achievement rank when it becomes salient to students and their parents.
Fertility and Delayed Migration: How Son Preference Protects Young Girls Against Mother–Child Separation
Zibin Huang, Xu Jiang, Ang Sun, Aug 14, 2024In rural China, the son preference paradoxically reduces the likelihood of early mother-child separation for girls, while boys are more prone to such separation.
Debt Management and Strategic Interactions in Top-down Bureaucracy: Evidence from China
Xi Qu, Zhiwei Xu, Jinxiang Yu, Apr 30, 2025The Chinese central government implemented a series of measures to establish a top-to-bottom debt ceiling management system starting in 2015. Under this regulatory framework, public debt issuance for a prefecture city is subject to a ceiling (quota) determined through a hierarchical procedure. Based on a comprehensive dataset, we investigate what factors determine the allocations of debt ceiling to prefectural cities in China after the debt management reform. We find that the distributional outcome of the debt ceilings relies on the bilateral interactions of local and their superior governments. We also estimate the effect of ceiling allocation on the real economy, as well as the potential risk associated with implicit debt accumulation.
