A5060171727- Global trade and economics
- Aviation Industry Analysis and Trends
- International Business and FDI
- Transportation Planning and Optimization
- Firm Innovation and Growth
- Transport and Economic Policies
- Culture, Economy, and Development Studies
- Environmental Sustainability in Business
- Global Trade and Competitiveness
- Economic Growth and Productivity
- Diverse Aspects of Tourism Research
- International Development and Aid
- Corporate Social Responsibility Reporting
- Wine Industry and Tourism
- Energy, Environment, Economic Growth
- Corporate Finance and Governance
University of Macau
2018-2025
Zhuhai Institute of Advanced Technology
2020-2025
City University of Macau
2020
Abstract This work aims to provide a comprehensive analysis of the association between high‐speed rail (HSR) operation and tourist arrivals in China. A panel data 238 prefecture‐level cities from 2003 2013 is analyzed, using both system generalized method moments estimation synthetic control methods. Nationwide, HSR implementation generates sizable inflows, with stronger effect for international than domestic ones. Furthermore, heterogeneous impacts are identified through lens urban...
ABSTRACT Exploiting tariff variations during the U.S.–China trade war, we find that U.S. escalation is associated with a relative increase in corporate expenditure on research and development by listed Chinese manufacturing companies. Through novel approach infers degree of competitive pressure from textual analyses company annual reports, identify an induced competition mechanism offer evidence consistent escape‐competition motives. The marginal treatment effect more pronounced for firms...
Using a balanced panel of manufacturing firms from China between 2007 and 2013, we estimate that being connected to high-speed rail (HSR) system leads 9.5% reduction in local firms' input inventory spending. The effect is stronger for downstream industries private enterprises. A back-of-envelope calculation suggests each dollar HSR investment reduces stock by 12 cents, which significantly larger than the effects found previous studies based on highway or road investment. Declines...
How do de-globalization events affect corporate innovation decisions? By exploiting tariff variations during the U.S.–China trade war as a quasi-natural experiment, we find that escalation of U.S. tariffs is associated with relative increase in expenditure on research and development by listed Chinese manufacturing companies. Through novel approach infers degree competitive pressure from textual analyses company annual reports, identify an induced competition mechanism provide evidence...
Abstract The present study examines the impact of value‐added exports on skill premium in a large developing country. We distinguish two margins trade: direct exporting measures economic activities de jure exporters, while indirect reflects induced demand for suppliers exporters. integrate China’1s internal and external production networks draw empirical evidence from both population censuses. Our findings show that aggregate export intensity is associated with higher premium, but it...