Publications

1. "Entry Deregulation, Market Turnover, and Efficiency: China's Business Registration Reform," with Luming Chen, Shanjun Li, and Xiaobo Zhang. Forthcoming at Review of Economics and Statistics.
   
   
2. "Network Competition in the Airline Industry: An Empirical Framework," with Zhe Yuan, 2024. Forthcoming at Rand Journal of Economics. NBER working paper 32893.
   
   
3. "Industrial Policy Implementation: Empirical Evidence from China's Shipbuilding Industry," with Myrto Kalouptsidi and Nahim Zahur. Forthcoming at Review of Economic Studies, 2024. NBER working paper 26075. Covered by VoxChina, VoxEU, VoxDev, and The Economist.
   
   
4. "Efficiency and Equity Impacts of Urban Transportation Policies with Equilibrium Sorting," with Shanjun Li, Andrew Waxman, Jing Wu and Tianli Xia. American Economic Review, Oct 2024. NBER working paper 29012.
   
   
5. "Industrial Policy: Lessons Learned from Shipbuilding," with Myrto Kalouptsidi and Nahim Zahur. NBER Working Paper 33043. Journal of Economic Perspectives, 2024.
   
   
6. "From Fog to Smog: the Value of Pollution Information," with Shanjun Li, Liguo Lin and Eric Zou, NBER working paper 26541. Covered by NBER Digest, VoxChina, VoxEU, and VoxDev. American Economic Review, 2024, 114(5): 1138-81. Cartoon video by Econimate.
   
   
7. "The Healthcare Cost of Air Pollution: Evidence from the World's Largest Payment Network," with Shanjun Li, Deyu Rao and Nahim Bin Zahur, NBER working paper 24688. Covered by VoxChina, VoxEU, and VoxDev. Review of Economics and Statistics, March 2024.
   
   
8. "Road Rationing Policies and Housing Markets," with Rhiannon Jerch, Shanjun Li, and Jing Wu. Journal of Urban Economics, March 2024.
   
   
9. "Information, Mobile Communication, and Referral Effects," with Yanyan Liu, Eleonora Patacchini and Qi Wu. American Economic Review, 2023, 113(5): 1170-1207. NBER working paper 25873. Online Appendix.
   
   
10. "Pass-through of Electric Vehicle Subsidies: a Global Analysis", with Hyuk-soo Kwon, Binglin Wang, and Nahim Bin Zahur. American Economic Review (Papers and Proceedings), 112(2), May 2023.
    
    
11. "Commercial Casualties: Political Boycotts and International Disputes," with Shanjun Li, Jeremy Wallace, Jessica Chen Weiss. Journal of East Asian Studies, Oct 2023.
    
    
12. "COVID-19 Pandemic and Unemployment: Evidence from Mobile Phone Data in China," with Yongheng Deng, Xinfei Huang, Shanjun Li and Teng Li. Journal of Urban Economics, February 2023.
    
    
13. "The Effect of Temperature Shocks on Household Consumption," with Wangyang Lai, Shanjun Li and Yanyan Liu. Nature of Human Behavior, Vol. 6, June 2022, pp. 847-846. Supplementary info.
    
    
14. "Local Protectionism, Market Structure, and Social Welfare: China's Automobile Market," with Shengmao Cao and Shanjun Li, American Economic Journal: Economic Policy Vol. 13, No. 4, November 2021, pp. 112-51.
    
    
15. "Tightening Belts to Buy a Home: Consumption Responses to Rising Housing Prices in Urban China," with Andrew Waxman, Yuanning Liang, Shanjun Li and Meng Zhao, Journal of Urban Economics, January 2020, Volume 115, special issue.
    
    
16. "Competition in the Real Estate Brokerage Industry: A Critical Review," with Maisy Wong, The Brookings Institution Publication, December 2019.
    Brookings Summary.
    
    
17. "Conflicts of Interest and Steering in Residential Brokerage," with Parag Pathak and Maisy Wong, American Economic Journal: Applied Economics, 9(3), pp. 191-222, July 2017. Online appendix.
    Earlier version: NBER Working Paper No. 21489, 2015. Featured in AEA Research Highlights July 2017 https://www.aeaweb.org/research/charts/real-estate-agent-high-commission
    
    
18. "The Cost of Free Entry: An Empirical Analysis of Real Estate Agents in Greater Boston," with Parag Pathak, The RAND Journal of Economics, 46(1): 103-145, January 2015. The top five most cited article published in RAND from 2015-2017.
    Earlier version: NBER Working Paper No. 17227, 2011.
    
    
19. "Inference for Parameters Defined by Moment Inequalities: A Recommended Moment Selection Procedure," with Donald Andrews, Econometrica, 80(6): 2805-2826, November 2012. Online appendix.
    Earlier version: Cowles Foundation Discussion Paper No. 1676R, 2008
    
    
20. "Tracing the Woes: An Empirical Analysis of the Airline Industry," with Steven Berry, American Economic Journal: Microeconomics, 2(3): 1-43, August 2010.
    Lead article.
    
    
21. "The Impact of Commissions on Home Sales in Greater Boston," with Parag Pathak, American Economic Review (Papers and Proceedings), 100(2): 475-479, May 2010.
    
    
22. "What Happens When Wal-Mart Comes to Town: An Empirical Analysis of the Discount Retail Industry," Econometrica, 76(6): 1263-1316, November 2008.
    Winner of the Zellner Award for Best Dissertation, American Statistical Association.
    Data and Code
    
    
23. "Estimating the Effects of Global Patent Protection in Pharmaceuticals: A Case Study of Quinolones in India," with Shubham Chaudhuri and Penny Goldberg, American Economic Review, 96(5): 1477-1514, December 2006.
    Reprinted in "Measuring WTO's Contributions to Global Economic Welfare,' Edited by Kym Andreson.
    
    

Earlier Papers



"China's Industrial Policy: an Empirical Evaluation," with Myrto Kalouptsidi and Nahim Zahur, NBER working paper 26075,
Superseded by "Industrial Policy Implementation: Empirical Evidence from China's Shipbuilding Industry," Review of Economic Studies, forthcoming.


• "Air Pollution, Health Spending and Willingness to Pay for Clean Air in China," with Shanjun Li, Deyu Rao and Nahim Bin Zahur, SSRN working paper
  Superseded by "The Healthcare Cost of Air Pollution: Evidence from the World's Largest Payment Network," Review of Economics and Statistics, 2024.
  
  
• "Conflicts of Interest and the Realtor Commission Puzzle," with Parag Pathak and Maisy Wong, NBER Working Paper 21489, 2015.
  Superseded by "Conflicts of Interest and Steering in Residential Brokerage," American Economic Journal: Applied Economics, 2016.
  
  
• "Confidence Regions for Parameters in Discrete Games with Multiple Equilibria, with an Application to Discount Chain Store Location," with Donald Andrews and Steven Berry, 2004
  Superseded by "Inference for Parameters Defined by Moment Inequalities," Econometrica, 80(6): 2805-2826, November 2012.
  
  

Other Publications and Non-academic Presentations



• "Environmental Externalities, Product Attributes, and Market Power: Implications for Government Subsidies," Panle Jia Barwick, Hyuk-soo Kwon, Shanjun Li, VoxChina, August 2024.
  
  
• "Evaluating Urban Transportation Policies," with Shanjun Li, NBER Reporter, 2023.
  
  
• "From Fog to Smog: Evidence from China's Recent Air Quality Disclosure," with Shanjun Li, Liguo Lin, and Eric Zou, VoxChina, VoxDev, VoxEU, NBER Digest, Jan 2020.
  
  
• "From Fog to Smog: The Value of Pollution Information," with Shanjun Li, Liguo Lin, Eric Zou, VoxChina, VoxEU, VoxDev, NBER Digest, Jan 2020.
  
  
• "The Morbidity Cost of Air Pollution: Evidence from Consumer Spending in China," with Shanjun Li, Deyu Rao and Nahim Zahur, VoxEU, Sep 2018. Also published in VoxDev, May 2019.
  
  
• "Industrial Policies: Lessons Learned from China," with Myrto Kalouptsidi and Nahim Zahur, VoxChina, Sep 2019. Also published in VoxEU, Sep 2019.
  
  
• Panelist at Federal Trade Commission and Department of Justice public workshop, "What's New in Residential Real Estate Brokerage Competition," June 2018, https://www.ftc.gov/news-events/events-calendar/2018/04/whats-new-residential-real-estate-brokerage-competition-ftc-doj
  
  
• "Air Pollution, Health Spending and Willingness to Pay for Clean Air," with Shanjun Li, Deyu Rao and Nahim Zahur, VoxChina, Aug 2017. Also broadcasted by a Singaporean video podcast (Wu Zhijian's Evidentialist Channel).
  
  

Work in Progress



• "Dining on the Government's Dime vs. Dining on Your Own Dime," with Hanming Fang and Shanjun Li.