Research

My research fields are international economics, international trade, and international business. My research focuses on the trade and welfare effects of international economic integration, trade policy, global value chains, international political economy, country image and soft power, Chinese economy, and the interaction between trade, institutions, and firm behavior.

Publications

• Good Names Beget Favors: The Impact of Country Image on Trade Flows and Welfare
  with Pao-Li Chang and Tomoki Fujii
  Management Science, 2022, 68(10): 7555–7596
  Article | Code & Data | Working Paper | Online Appendix

• The Trade and Welfare Effects of the Belt and Road Initiative
  with Meng Gao, Chenxin Jin, Bin Sheng, and Linpu Xu
  Review of International Economics, 2024, 32(2): 446–479
  Article | Code & Data | Working Paper

• Geopolitics along the Value Chains
  with Renjing Chen, Chenxin Jin, Bin Sheng, and Guanxiang Wang
  China Economic Review, 2025, Volume 90, 102341
  Article | Code & Data | Working Paper | Online Appendix

• The Dynamic Trade and Welfare Effects of RCEP
  with Chenxin Jin, Bin Sheng, Zhen Sun, and Bing Yan
  Journal of International Money and Finance, 2025, Volume 154, 103329
  Article | Code & Data | Working Paper | Online Appendix

• Comparative Advantage and Optimal Trade Policy with Strategic Interactions
  with Mengmeng Dai, Wen-Tai Hsu, Yongjin Wang, and Siqiang Yang
  International Journal of Industrial Organization, 2026, Volume 104, 103236
  Article | Code & Data

• Yesterday Once More: The Impacts of Environmental Regulations on Multinational Corporations’ Reinvestment Allocation in China
  with Bing Yan, Shaoyu Guo, and Xiaojing Jiang
  Journal of Environmental Economics and Management, 2026, Volume 138, 103337
  Article

• The Depth of Preferential Trade Agreements
  with Pao-Li Chang and Kefang Yao
  IMF Economic Review, 2026
  Article | Code & Data

• Guns and Gravity: Is There a Home-Market Effect in the Global Arms Trade?
  with Meng Gao, Chenxin Jin, Chaodui Shao, Danni Su, Guanxiang Wang, and Mingyang Wei
  Review of International Economics, 2026
  Article | Code & Data

• The Olympic Effect Revisited: 1950–2019
  with Renjing Chen, Meng Gao, Wenzheng Gao, and Yuqian Sun
  World Development, 2026, Conditionally Accepted.

• Banking Shareholder and the Debt Behaviour of Chinese Real Estate Firms
  with Zhuqing Liu, Feng Qian, Ziliang Yu, and Weibiao Xu
  Applied Economics Letters, 2026
  Article

• Soft Power in Trade: Quantifying the Impact of Confucius Institutes on China’s Exports
  with Renjing Chen and Tangrui Yang
  International Studies of Economics, 2026
  Article | Code & Data

• The COVID-19 Pandemic and International Energy Trade: An Empirical Analysis Based on Gravity Model
  with Xirong Chen, Wenzheng Gao, and Yuqian Sun
  Emerging Markets Finance and Trade, 2026, 62(1):164-191
  Article

• From Profit to Planet: ESG’s Impact on Chinese Companies’ Cross-border M&A Activity
  with Bing Yan, Meng Gao, Qiugu He, Siqiang Yang, and Renjia Zhang
  Applied Economics, 2026
  Article

Working Papers

• The GATT/WTO Welfare Effects: 1950–2015, with Pao-Li Chang and Kefang Yao, submitted.

• Disentangling the Effects of GATT/WTO on Variable and Fixed Trade Costs: Trade Status, Trade Margins, and Export Sales Distribution, with Pao-Li Chang and Renjing Chen, submitted.

• Diligence Redeems Stupidity: Managerial Effort Makes a Difference, with Renjing Chen, Yuting Chen, Meng Gao, and Jiantong Li.