Research

Working Papers

• Carbon Border Adjustment Mechanism and Trade Policy
  with Haichao Fan, Yuan Mei, and Huanhuan Wang
  Job Market Paper

• Tariffs as Bargaining Chips: A Quantitative Analysis of US-China Trade War
  with Naiyuan Hu and Yuan Mei
  Revise and Resubmit at American Economic Journal: Microeconomics

• Optimal Tariffs with Endogenous Geopolitical Affinity: Evidence from the U.S.–China Trade War
  with Huanhuan Wang, Shufei Wang, and Wenjing Xie
  Revise and Resubmit at Journal of International Money and Finance

• Investing in a Mobile Asset: Higher Education, Graduate Mobility, and Underinvestment
  with Naiyuan Hu, Lin Ma, and Ben Zou

• Dirty Trade War
  with Haichao Fan, Dongmin Hu, Shu Lin, and Huanhuan Wang

• Place-Based Relaxation of Internal Migration Restrictions and Labor Market Sorting
  with Yutao Wang

Selected Work in Progress

• Caught in the Crossfire: Quantitative Trade Policy and LLM-Based Evidence on Third-Country Alignment in the U.S.–China Trade Conflict
  with Yuan Mei, Xinyu Wang, and Mingzhi Xu

• Love Panda, Love China: The Panda Effect on International Trade
  with Pao-Li Chang, Wei Jin, Dingfan Kang, and Angdi Lu

Publications

• Climate Change, Trade Cost, and Economic Growth: A Quantitative Estimation Based on International Shipping Data
  with Huanhuan Wang and Ce Guo
  Journal of Management World(管理世界), 2025, 41(09), 94–118

• EU Carbon Pricing, Carbon Tariffs, and Global CO2 Emissions
  with Haichao Fan, Huanhuan Wang, and Xiaojun Wu
  Accepted at The World Economy