Weijie Luo
Biographic Data
| ID | 4099380 |
|---|---|
| NAME | Weijie Luo |
| GIVEN NAMES | Weijie |
| FAMILY NAME | Luo |
| SIGNATURE | LUO W |
| AFFILIATIONS | Central University of Finance and Economics |
| ORCID | 0000-0002-6530-1897 |
| VERIFIED | Yes |
| TOTAL WORKS | 11 |
| TOTAL CITATIONS | 38 |
| AUTHOR COUNT | 11 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2021 |
| LATEST PUBLICATION YEAR | 2026 |
| H-INDEX | 3 |
From Trade to Tensions
This paper revisits the commercial peace hypothesis using global event data from 1989 to 2019. We show that greater imports consistently worsen bilateral relations, with the effect strengthening after the 2008 financial crisis. The negative impact is most pronounced in democracies, high‐income countries and those with elevated unemployment, where globalisation's distributive conflicts more easily shape foreign policy. Instrumental variable estima…
Does the Porter hypothesis hold in China? evidence from the “2+26” regional air pollution treatment policy
This study analyzed the impact of environmental regulation, specifically the “2+26” regional strategy for air quality improvement, on corporate research and development (R&D) investment in China. We developed a theoretical model based on the argument that R&D investment rises with regulation intensity. Using 2010–2019 data from China's listed companies located in the Beijing-Tianjin-Hebei region and its surrounding areas, we treated the $2+26$ po…
Demography and the composition of taxes
This article analyzes the impact of population aging on the composition of taxes in an overlapping generations model. Taxes are levied on both income and expenditure, with the median voter being pivotal in the political-economy theoretical framework in question. As in Razin, Sadka, and Swagel (2002. “The Aging Population and the Size of the Welfare State.” Journal of Political Economy 110 (4): 900–918. doi:10.1086/340780), an increased fraction o…
Tax composition and economic growth in the age of demographic change
This study analyses the impact of the relative use of distortionary and non-distortionary taxes on economic growth using a panel of Organisation for Economic Co-operation and Development (OECD) countries and a sample period of 1980–2015. In particular, we examine whether the impact of non-distortionary taxes on economic growth increases with ageing, which has increased in western countries over the past 30 years. We do so by extending the dataset…
Political Turnover and Innovation
Impact of work resumption on air quality after subsiding of Covid-19
This paper explores the short-run impact of work resumption, extensively launched on February 10, 2020 in China, on air quality after the subsiding of COVID-19. Utilizing the data of 1012 air-quality monitoring sites in 233 cities derived from the Real-time Release Air Quality Platform and the difference-in-differences method, we find that alternative measures of air quality index in non-Hubei provinces increase significantly, compared with those…
Business experience and local government size
This article documents the determinants of local government size corresponding with the work experience of political leader. Utilizing the city level data on the size of government and political officials in China, government size is found to be negatively associated with local political leaders’ work experience in business. This relationship holds more firmly in poor cities or those with stronger fiscal decentralization. Moreover, we find eviden…
Economic policy uncertainty and firm performance
This paper analyzes the impact of economic policy uncertainty on firm performance. Utilizing a news-based index of economic policy uncertainty and firm-level data in China, firm investment, employment, and revenue are found to be negatively associated with policy-related economic uncertainty. This negative relationship is weakened in state-owned enterprises (a fall in investment of 5.61%, employment growth of 0.09%, and sales growth of 0.31%) com…
Inequality and growth in the twenty‐first century
This paper analyzes how economic growth can be caused by changes in the income distribution. Persson and Tabellini (1994, The American Economic Review , 84, 600‐621) argue that productivity‐induced income inequality leads to lower growth since distortionary taxes increase and harm capital accumulation. However, this prediction is often challenged empirically. This paper distinguishes between capital income inequality and inequality induced by dif…
China’s Local Political Turnover in the Twenty-First Century
Top-Down and Bottom-Up Lockdown
China’s Local Political Turnover in the Twenty-First Century
Political Turnover and Innovation
Top-Down and Bottom-Up Lockdown
Economic policy uncertainty and firm performance
This paper analyzes the impact of economic policy uncertainty on firm performance. Utilizing a news-based index of economic policy uncertainty and firm-level data in China, firm investment, employment, and revenue are found to be negatively associated with policy-related economic uncertainty. This negative relationship is weakened in state-owned enterprises (a fall in investment of 5.61%, employment growth of 0.09%, and sales growth of 0.31%) com…
Business experience and local government size
This article documents the determinants of local government size corresponding with the work experience of political leader. Utilizing the city level data on the size of government and political officials in China, government size is found to be negatively associated with local political leaders’ work experience in business. This relationship holds more firmly in poor cities or those with stronger fiscal decentralization. Moreover, we find eviden…
Tax composition and economic growth in the age of demographic change
This study analyses the impact of the relative use of distortionary and non-distortionary taxes on economic growth using a panel of Organisation for Economic Co-operation and Development (OECD) countries and a sample period of 1980–2015. In particular, we examine whether the impact of non-distortionary taxes on economic growth increases with ageing, which has increased in western countries over the past 30 years. We do so by extending the dataset…
Business experience and local government size
This article documents the determinants of local government size corresponding with the work experience of political leader. Utilizing the city level data on the size of government and political officials in China, government size is found to be negatively associated with local political leaders’ work experience in business. This relationship holds more firmly in poor cities or those with stronger fiscal decentralization. Moreover, we find eviden…
Economic policy uncertainty and firm performance
This paper analyzes the impact of economic policy uncertainty on firm performance. Utilizing a news-based index of economic policy uncertainty and firm-level data in China, firm investment, employment, and revenue are found to be negatively associated with policy-related economic uncertainty. This negative relationship is weakened in state-owned enterprises (a fall in investment of 5.61%, employment growth of 0.09%, and sales growth of 0.31%) com…
Inequality and growth in the twenty‐first century
This paper analyzes how economic growth can be caused by changes in the income distribution. Persson and Tabellini (1994, The American Economic Review , 84, 600‐621) argue that productivity‐induced income inequality leads to lower growth since distortionary taxes increase and harm capital accumulation. However, this prediction is often challenged empirically. This paper distinguishes between capital income inequality and inequality induced by dif…
China’s Local Political Turnover in the Twenty-First Century
Top-Down and Bottom-Up Lockdown
Impact of work resumption on air quality after subsiding of Covid-19
This paper explores the short-run impact of work resumption, extensively launched on February 10, 2020 in China, on air quality after the subsiding of COVID-19. Utilizing the data of 1012 air-quality monitoring sites in 233 cities derived from the Real-time Release Air Quality Platform and the difference-in-differences method, we find that alternative measures of air quality index in non-Hubei provinces increase significantly, compared with those…
Tax composition and economic growth in the age of demographic change
This study analyses the impact of the relative use of distortionary and non-distortionary taxes on economic growth using a panel of Organisation for Economic Co-operation and Development (OECD) countries and a sample period of 1980–2015. In particular, we examine whether the impact of non-distortionary taxes on economic growth increases with ageing, which has increased in western countries over the past 30 years. We do so by extending the dataset…
Political Turnover and Innovation
Does the Porter hypothesis hold in China? evidence from the “2+26” regional air pollution treatment policy
This study analyzed the impact of environmental regulation, specifically the “2+26” regional strategy for air quality improvement, on corporate research and development (R&D) investment in China. We developed a theoretical model based on the argument that R&D investment rises with regulation intensity. Using 2010–2019 data from China's listed companies located in the Beijing-Tianjin-Hebei region and its surrounding areas, we treated the $2+26$ po…
Demography and the composition of taxes
This article analyzes the impact of population aging on the composition of taxes in an overlapping generations model. Taxes are levied on both income and expenditure, with the median voter being pivotal in the political-economy theoretical framework in question. As in Razin, Sadka, and Swagel (2002. “The Aging Population and the Size of the Welfare State.” Journal of Political Economy 110 (4): 900–918. doi:10.1086/340780), an increased fraction o…
From Trade to Tensions
This paper revisits the commercial peace hypothesis using global event data from 1989 to 2019. We show that greater imports consistently worsen bilateral relations, with the effect strengthening after the 2008 financial crisis. The negative impact is most pronounced in democracies, high‐income countries and those with elevated unemployment, where globalisation's distributive conflicts more easily shape foreign policy. Instrumental variable estima…
Economics (9 works) · China (7 works) · Fiscal Policy and Economic Growth (5 works) · Political science (5 works) · Business (4 works) · Demographic economics (4 works) · Energy, Environment, Economic Growth (4 works) · Market economy (4 works) · Politics (4 works) · Public economics (4 works)