Previously Circulated as War and Human Capital Accumulation: Evidence from the Second Sino-Japanese War
Best Paper Award of 2026 Econometrics Society Asian Summer School in Econometrics and Statistics Workshop.
Conference Presentations: 2026 Spring CETW (Renmin University of China); YES × Chengdu: China Economic Theory and Policy Workshop (Southwest University of Finance and Economics) (2026); 2026 Annual Workshop on Economics of Education in China (AWEEC) (Tsinghua University); 2026 PHBS Think Tank Conference; 2026 Asian Summer School in Econometrics and Statistics (UCAS, Beijing); 2026 SERC (Singapore), 2026 YES Annual Conference (Nanjing, China).
Main Findings: Post-war birth cohorts from counties that bore heavier wartime losses attain 0.09 to 0.16 more years of schooling, with gains concentrated at primary and junior-high completion and larger in counties with weaker pre-war educational capacity, without ancestral clans, and outside treaty ports.
Contributions: Builds a county-level wartime-loss measure from 1.89 million digitized martyr records merged with pooled census microdata, and shows through a cohort difference-in-differences design that the long-run educational gains operated through two complementary channels: higher government fiscal investment in education and the intergenerational transmission of education-oriented values.
First Prize of 2025 Chinese Economists Society (CES) Academic Rising Star Paper Competition.
Conference Presentations: 2025 Chinese Economists Society (CES) Academic Rising Star Paper Competition; 3rd Xishan Economic Forum (2025); 2025 International Conference on Consumption Studies; 2026 CES Annual Conference.
Main Findings: Famine survivors who later joined the CPC spend significantly more on face-related consumption in adulthood, with larger effects among post-reform entrants, men, rural residents, and those with low trust in government.
Contributions: Using a triple-differences (DDD) strategy to identify how historical famine exposure with political affiliation jointly shape long-term consumption behavior.
Conference Presentations: 2025 CUFE-OEP Conference; YES × Chengdu: China Economic Theory and Policy Workshop (2024); 2nd Forum on China's Digital Economy Development (2024); 2nd Forum on the Evaluation of China's Economic Policies (2024); 47th Xiangzhang Economics Seminar (Beijing) (2024); 7th International Conference on Government and Market Economics (Tsinghua University) (2025); 5th Xiangzhang Forum on Taxation (Dongbei University of Finance and Economics) (2025).
Main Findings: Local fiscal incentives tied to high-tax firms increase R&D investment but discourage innovation quality, as firms shift toward strategic rather than substantive innovation.
Contributions: Develops a theoretical framework linking tax-sharing arrangements to innovation misallocation, and implements a generalized DID strategy based on China's VAT reform. The analysis highlights how tax-base protection and reduced external competition distort firms’ innovation choices.
Conference Presentations: 2nd Annual Conference on Inclusive Finance, FinTech, and Sustainable Development (2024); 2nd Xishan Economic Forum (2024).
Main Findings: Using a staggered DID model, we find that the Rural E-Commerce Demonstration County (REDC) policy significantly improves local economic outcomes, increasing per capita income by 10.9% across Chinese counties.
Contributions: Our study provides novel empirical evidence on the role of e-commerce in rural revitalization in a developing-country context. We further apply machine learning models, including random forest, SVM, and ML, to identify and predict the policy's underlying transmission channels.
Cultural Heritage and Judicial Local Protectionism in China (with Yizheng Wang)