Doctor Lamei Wu, a researcher of the base, has published a collaborative paper titled "The Road to Servitization of a Country with Abundant Population Resources:Theory and Evidence from China’s 'College Enrollment Expansion'" in China Economic Quarterly.

Abstract: We construct a quasi-natural experiment according to the emission rights trading policy to identify the effects of market-based policy instruments on the quality of firms' export products, and find significant positive effects. The mechanism results show that the policy has increased firms' fixed costs related to pollution abatement. As a response to the increased compliance costs, firms will increase R&D and innovation to improve productivity. Multi-product firms will focus on high-quality products and clean transportation, thus promoting the quality. The heterogeneity analysis shows that the effects are significant for domestic firms, and firms in regions with high environmental law enforcement.

Keywords: emission rights trading policy; export product quality; production conversion

Link: 排污权交易政策促进了企业出口产品质量提升

Teacher profile

Lamei Wu is a faculty member in the Department of Investment at Zhongnan University of Economics and Law. Her primary research areas include international investment, international trade, and global value chains. She has published academic papers in domestic and foreign journals such as Economic Research Journal, China Economic Quarterly, The Journal of World Economy, The World Economy, and China & World Economy. She has also presided over youth projects of the National Natural Science Foundation of China, among other projects.