Linhui Yu

TL;DR: In this paper, the authors investigated whether environmental regulation affects inbound foreign direct investment and found that tougher environmental regulation leads to less FDI in countries with better environmental protections than China.

TL;DR: In this paper, the authors empirically investigate whether trade liberalization affects markup dispersion, a potential source of resource misallocation, using China's WTO accession at the end of 2001.

TL;DR: In this article, the authors used difference-in-differences estimation to examine the effect of the Belt and Road Initiative (B&R) on China's export potential to the countries along the B&R routes.

TL;DR: In this paper, the authors examined the impacts of a real estate boom on resource misallocations and found that real estate booms drive up demand in real estate-linked industries and that these ‘windfall’ demand spillovers reduce intra-industry competition and increase productivity inequality within industries.

TL;DR: The authors investigated the relevance of two leading theories of city-industry growth (i.e., specialization and diversity theories) in accounting for the fast yet uneven growth of industries in China's cities.