Yanrui Wu

Yanrui Wu
University of Western Australia | UWA · Department of Economics

PhD

About

265
Publications
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5,659
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Publications

Publications (265)
Preprint
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In this paper a dynamic stochastic general equilibrium model with limited tax enforcement is developed and estimated for the Sri Lankan economy by means of Bayesian techniques. Our objective is to estimate the size and trend of the underground economy and investigate possible reforms to the income tax policy of the country. According to our finding...
Article
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Pro-environmental technologies, environmental taxes and environmental protection expenditure are three important policy tools for patronizing renewable energy production (REP) in OECD countries. With this background , we evaluate the efficacy of environmental policies in promoting renewable energy production by applying the CS-ARDL method and panel...
Article
This paper aims to re-estimate green total factor productivity (GTFP) with the consideration of intangible capital in Chinese provinces between 2003 and 2017. Intangible capital is broadly defined and categorized into computerized information, innovative property and economic competency property. The finding suggests that the conventional GTFP is u...
Article
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This paper aims to investigate the responsiveness of renewable energy production (REP) to fluctuations in geopolitical risks, oil prices and economic policy uncertainty (EPU). It applies a cross-quantilogram framework to examine monthly data of the US economy for the period of 1986-2022. The findings illustrate the asymmetric effect of historical g...
Article
This article employs structural vector autoregression and local projection methods to examine the impacts of the deterioration in the US–China political relations on bilateral trade between Australia and China. Three scenarios are considered to reflect the evolution of US geopolitical strategies in recent years such as “America First”, “China Threa...
Article
The empirical work in this paper is based on an analysis of the data of China's listed companies, the innovation and entrepreneurship index, and local official turnover data at the city level. It shows that policy uncertainty caused by local political turnover in local governments significantly reduces firm innovation. However, improvement in local...
Article
This paper investigates the reverse green innovation spillovers of outward foreign direct investment (OFDI) in Chinese multinational companies and how environmental regulation stringency in host countries moderates the relationship between OFDI and green innovation. The empirical analysis is based on an integrated dataset of publicly listed firms f...
Article
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Technology entrepreneurship and corporate innovation are important for the development of indigenous innovation. In the digital age, founders are subject to fundamental changes in their strategy choices, which in turn affect corporate innovation performance. This paper aims to explore the strategic choices adopted by technical founders of listed co...
Article
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In this paper, the term “Country Strategic Patent Policy” refers to the case in which the examination of foreign firms’ patent applications may be deliberately manipulated by national patent offices to protect domestic firms, as a means to leapfrogging their foreign counterparts in technological strategic sectors. However, it is empirically questio...
Article
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This paper aims to investigate the effects of the share of domestic value added in exports on firm‐level emission intensity in China. It shows that the ratio of domestic value added in exports is negatively associated with firms’ emission discharges. This relation is more profound for firms in ordinary trade than those in processing trade. Further...
Article
Twin transition strategy enforces the indisputable complementary relationship between green and digital transitions. This socio-technical process necessitates a paradigmatic shift to translate policy related uncertainties into twin transition strategies. With this background, the present study investigates the responsiveness of green markets to cli...
Article
This paper applies data of listed Chinese companies from 2000 to 2017 and a time-varying DID model to examine the effect of the National Development Zones (NDZs) and Provincial Development Zones (PDZs) on green innovation. First, it is found that NDZs can significantly boost companies' green-innovation, while PDZs can slightly inhibit the quality o...
Article
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This study uses a rich city-level dataset to analyse the relationship between information and communication technology (ICT) and economic growth in Chinese cities during 2001–2016. It is shown that ICT not only improves the aggregate efficiency of a city but also helps the city absorb technological diffusion from the frontier city. In addition, dis...
Article
International collaboration is considered to exert a positive effect on research performance. However, the impact of international collaboration on the performance of research institutions is under-documented. This paper fills the void in the literature by utilizing InCites data of 1,067 Chinese research organizations. The main results show that in...
Article
This study uses a rich city-level dataset to analyse the relationship between information and communication technology (ICT) and productivity performance in China during 2003–2016. It is shown that ICT positively contributes to Chinese cities’ productivity in conjunction with other growth determinants, such as human capital, foreign direct investme...
Article
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This paper analyses agricultural green efficiency and productivity by using the farming and livestock industries as case studies. To do so, nitrogen and phosphorus surpluses in arable land are measured by considering recycling of agricultural wastes in the farming and livestock ecosystem and defined as the undesirable output in agricultural product...
Article
Introduction. Global population has witnessed significant changes in the way food is produced and consumed. Although this has benefitted population health, it has also contributed to climate change and unsustainable use of natural resources. Materials and methods. Сomprehensive literature review. Results and discussion. The characteristics of four...
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This paper employs structural vector autoregression and local projection methods to examine the impacts of the deterioration in US-China political relations on Australia-China bilateral trade. By imposing a recursive identification scheme with different assumptions, the empirical results illustrate that worsening US-China political relations have a...
Article
Empirical studies suggest that globalization (FDI and international trade) has been greatly affected by the COVID-19 and related anti-pandemic measures imposed by governments worldwide. This paper investigates the impact of globalization on intra-provincial income inequality in China and the data is based on the county level. The findings reveal th...
Article
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Empirical studies suggest that globalization (FDI and international trade) has been greatly affected by the COVID-19 and related anti-pandemic measures imposed by governments worldwide. This paper investigates the impact of globalization on intra-provincial income inequality in China and the data is based on the county level. The findings reveal th...
Article
This article aims to understand the gas-pricing mechanisms in the world’s major markets and hence draw implications for gas-pricing reform in Asia. It adopts a newly proposed time-varying Granger causality test to investigate the connection between crude oil and natural gas prices. The empirical results suggest the necessity to establish gas tradin...
Article
Using a spatial equilibrium model and data of 286 Chinese cities at the prefecture and above- prefecture level from 2002 to 2013, this study estimates the contribution of each city to national GDP growth. The results reveal several interesting patterns. First, what an individual city contributes to aggregate growth is not represented clearly by the...
Article
The production networks in East Asia and European Union are characterized by large shares of trade in intermediate goods or network trade between countries within each region. However the pattern of network trade in the two regions could be very different due to regional variations in sociocultural, political, historical and institutional factors....
Article
This study explores organization capital and its spillover effects among Chinese manufacturing firms. By linking patent data with China's annual survey of industrial enterprises database, we examine technological proximity as one potential channel for organizational spillover but find weak evidence. This result is consistent with previous findings...
Preprint
Full-text available
This study extends the literature by investigating the relationship between sustainable development and corruption in a panel of thirty-three provinces in Indonesia during 2004-2012. In measuring sustainable development, this study employs composite indices consist of 20 indicators covering economic, social, environmental, and institutional aspects...
Article
Chinese government adopted a new environmental program during “Eleventh Five-Year Plan” period. Whether this program can achieve its goal of pollution reduction and quality improvement for exports is of vital importance for China's sustainable development. This paper constructs a quasi-difference-in-difference (DID) framework to identify the effect...
Article
This paper employs a difference-in-difference-in-difference approach to examine the emission reduction and foreign direct investment nexus in China. It combines a firm-level dataset with emission reduction target statistics at city-level. The findings indicate that stringent environmental regulation is associated with the fall of the output of fore...
Article
This paper examines the relationship between dialect diversity and foreign direct investment (FDI) using a dataset of 230 Chinese cities for the period 2000–2014. We find that dialect diversity and FDI absorption are negatively correlated. However, this negative relationship disappears gradually over time. Several underlying mechanisms are identifi...
Article
This study utilizes a time-varying parameter Bayesian vector autoregressive model to investigate the dynamic interactions between geopolitical risk (GPR) and renewable energy consumption growth (RECG). The identification strategy is flexible to accommodate cases both with and without restrictions of the direction of impact. It is shown that GPR sho...
Article
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Fiscal decentralization is one of the tools for the central government to engage local governments in environment management. However, its effects are inconclusive. This paper aims to examine the impact of fiscal decentralization on environmental pollution and the role of government environmental preference in China’s provinces. The results show th...
Article
This paper examines income convergence by using a continuous distribution dynamics approach which takes both population and economic size into consideration. The study is based on a panel dataset of 31 Chinese provinces from 1952 to 2013. The impacts of geographical location, capital accumulation, trade openness and industrial structure are also ev...
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China’s local government debt (LGD) has recently become the focus of economic policy debates. However, information about LGD and its impact on economic growth in the Chinese economy is scarce. This paper attempts to present an empirical investigation of the impact of China’s LGD on economic growth. It is probably the first of its kind to focus on C...
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This paper uses Chinese data to examine the link between political connections and pollution discharge by firms. Our empirical results show that political connections are the institutional means by which firms acquire strategic pollution discharge protection. This situation may lead to inadequate enforcement of pollution control regulations. Govern...
Article
Since Đổi Mới in 1986, Vietnam has implemented a comprehensive economic renovation programme, including governance reform. As a result, the country has experienced impressive growth, mainly fuelled by rapid export expansion. This paper aims to examine the correlation between Vietnam’s export efficiency and bilateral-specific governance performance...
Article
The emergence of production networks has changed the structure of international trade, which is characterized by a large share of intra-regional trade flows and a rising value of intermediate goods trade or network trade between countries within the same region. This paper investigates the change in impact of trade determinants with the formation o...
Chapter
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Sustainable development has for a long time attracted the attention of economists and policy makers. Yet, there are few studies of sustainable development indicators, particularly in Indonesian regions. This paper presents an empirical assessment of sustainable development in Indonesia at provincial level. It contributes to the general literature....
Article
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This study aims to examine the stochastic convergence of per capita carbon dioxide (CO2) emissions in 21 OECD countries and 19 emerging market economies. After approximating both sharp and smooth breaks, the panel unit root tests are performed to test the convergence. The empirical results suggest stochastic convergence for the two groups of countr...
Article
This study provides a comprehensive analysis of intercountry inequality and convergence in Asia by using a combined approach that is based on decomposition techniques and transitional dynamics analysis. The research is divided into three stages. First, decomposition by regional subgroups is conducted to estimate the contributions of the interregion...
Article
This paper analyses the factors influencing consumer-perceived risks of genetically modified (GM) food by using a structural equation model and survey data of urban residents in China. The sample is divided into the acquainted and unacquainted groups according to consumers' objective knowledge level. An integrated analytical framework is developed....
Article
To investigate the causality between US partisan conflict shock and crude oil return, this paper utilizes bootstrap full-sample Granger causality and bootstrap rolling window sub-sample Granger causality tests. Although no evidence supports the causal nexus between partisan conflict shock and crude oil return with full sample data, time-varied caus...
Article
This paper aims to examine the relationship between political turnover and pollution discharges by listed firms in China. The empirical results show that political turnover is associated with more firm pollution discharges, particularly if the newly appointed officials are promoted locally or normally transferred. Furthermore, higher frequency of p...
Article
This paper explores how intangible capital affects the growth of ICT-intensive sectors in China by examining 29 sectors in 30 regions for the years 2003-2015. It is shown that the value added in ICT-intensive sectors in China will grow faster in regions with faster development of intangible capital. This effect is robust to alternative measures of...
Article
This paper aims to examine the distribution dynamics of intangible capital investment across Chinese regions and hence contributes to the understanding of China’s regional development. A nonparametric approach is adopted to investigate the long-run distribution dynamics. Intertemporal dynamics and spatial conditional dynamics are analysed to explor...
Article
This paper investigates the impacts of financial development, urbanization, and globalization on income inequality in China by applying a regression-based inequality decomposition approach to panel data on Chinese provinces. Provincial data on urbanization and globalization are combined with new data collected from a unique database of financial de...
Article
This paper investigates the impact of university-industry (UI) collaboration on firms' innovation efficiency using a balanced panel of 443 innovative firms in China from 2008 to 2011. An evaluation of firms' innovation efficiency shows that innovative firms do not show consistent performance across the two stages of the innovation process, namely,...
Article
This research adds to the literature studying the effects of outward foreign direct investment (OFDI) on domestic innovation performance and the moderating effect of a technology gap between host and home countries. New definitions of observed technology gap and expected technology gap are proposed. An observed technology gap captures the existing...
Article
This paper aims to evaluate whether national science and technology programs in China help boost private investment in research and development and improve firms' productive efficiency and innovation performance. The empirical analysis is based on a survey of 443 innovative firms in China during the period of 200811. A matching estimator together w...
Article
Full-text available
In the process of transferring from oil indexation to competitive pricing for natural gas, the number of potential gas trading hubs that underpin the competitive prices is a key question, but lack of empirical investigations. This study employs a Structure Vector Auto-regression model (SVAR) and monthly LNG price data of four East Asian importers t...
Article
This paper aims to measure banking efficiency by considering risk preferences in 49 Chinese commercial banks during the period of 2004–2012. It adopts a method which allows for endogenous classification of three risk preferences, namely the conservative, moderate and aggressive risk modes, by changing direction vectors. Banking efficiency is measur...
Article
This paper aims to explore whether the role of China has changed in the global innovation network and the evolution of product-embodied research and development (R&D) in China. R&D embodied in international trade flow is also considered to ensure the comparability with studies on developed countries. The results show that China is transforming from...
Article
This paper examines total factor efficiency and productivity performance by taking into account local government debt (LGD) in 31 Chinese provincial regions for the period 2000–2013. The results show that neglecting LGD may overstate economic performance in Chinese provinces. The eastern region shows better performance in single factor efficiency a...
Article
This paper investigates environmental efficiency and its distribution dynamics in Chinese cities. The analyses are applied the meta-frontier data envelopment analysis and the continuous dynamic distribution approach together with panel data of 286 Chinese cities at the prefecture and above-prefecture levels. The results show that during the period...
Article
The existing literature has explored the existence of reverse technology spillover through outward foreign direct investment (OFDI), which means domestic firms improve their technological innovation and productivity due to overseas investment activities. This paper aims to examine how the host country affects reverse technology spillover from OFDI....
Article
In this study, we use input-output analysis to measure CO2 emissions (CEs) embodied in Chinese provinces' exports and imports and explore the interprovincial spillover of CEs induced by exports through the domestic supply chains. The findings of this paper are as follows: Eastern provinces were the main production locations of CO2 emissions embodie...
Article
Potential demand for consumer goods and services is enormous in China. Turning such potential into real effective demand will play a crucial role in sustaining China’s future economic growth. Based on most recent consumption data of major categories of goods and services by consumers of different income groups, this study empirically evaluates the...
Article
This paper aims to revisit the debate about China's crowding out effect on other East Asian exporters using both gross value and domestic value‐added export data. The results show that in gross value terms, the crowding out effect is evident in most product categories, and particularly strong in the textile, leather and footwear. In value‐added ter...
Article
This paper examines the dynamic behaviour of energy intensity across Chinese cities. It employs a dynamic distribution approach which takes economic size into consideration. The results support the existence of convergence in terms of energy intensity among Chinese cities during the sample period. However, bimodality is the dominant characteristic...
Article
This article contributes to the understanding of innovative behaviour in China’s large and medium-sized firms and hence the role of Chinese firms in innovation. The empirical analyses are based on firm-level survey data. Innovation has important implications not only for the transformation of the Chinese economy but also for the rest of the world a...
Article
China has enjoyed high economic growth for more than three decades since the initiative of economic reform in early 1980s. This growth has been driven mainly by labor-intensive export-oriented manufacturing activities. Yet, there are remarkably few empirical studies of the link between export diversification and economic growth. In this paper, the...
Article
The spatial distribution of population and economic activities has important impacts on both economic growth and the environment. This paper uses a slack-based measure to estimate the total factor environmental efficiency (TFEE) of 286 Chinese prefectural-and-above cities for the period 2002–2013. In particular, the relationship between city size a...
Article
Purpose The purpose of this paper is to investigate how different types of the village relationship influence different types of public goods provision in rural China. Design/methodology/approach The three components (clan-based relationship, neighborhood relationship and external relationship) were derived by employing factor analysis. The simu...
Conference Paper
Unlike Japan and Korea, China returned to “techno-industrial policy” which involved direct government interventions in shaping specific industrial sectors after 2003. It broke the trajectory, as economies approaching the technological frontier, of shifting from industrial policies to innovation policies which shed light on knowledge infrastructure,...
Article
Official data are criticized for over-reported agricultural labour statistics. We derive an alternative series of labour participated in agriculture with the information of production cost and revenue. Using parametric stochastic frontier approach, labour requirement functions are estimated for 30 farm and animal husbandry products in rural China....
Article
This study proposes a personal carbon trading (PCT) model to understand subsidies for hybrid electric vehicles (HEVs) and attempts to derive the equilibrium price for carbon allowance. Based on the derived equilibrium price, this study then proposes formulas to calculate the cost-effective carbon subsidy for HEVs using the Chinese market as the cas...
Article
This paper focuses on the relationship between the world oil price and China's coke price, particularly with respect to extreme movements in the world oil price. Based on a daily sample from 2009 to 2015 and the ARJI-GARCH models and copulas, our empirical results show that China's coke price and the world oil price are characterized by GARCH volat...
Article
Full-text available
Purpose Genetically modified (GM) crops, particularly GM grain crops, have been controversial since their commercialization in 1996. However, only a few studies have investigated farmers’ attitudes toward adopting GM grain crops in China. The purpose of this paper is to explore farmers’ willingness to adopt GM insect-resistant rice prior to its com...
Article
Full-text available
Chinese firms are playing a significant role in promoting the country's innovation capacity. However, information about China's innovative activities is still very limited, especially at the micro level. This paper aims to investigate both the internal and external determinants that affect firms' innovative behaviour by using a rich set of firm-lev...
Conference Paper
This paper aims to explore to what extent the network of product-embodied R&D in China has changed and how the country’s industrial sectors have responded in an open system. Technological flow matrix and social network analysis are employed to examine the evolution of product-embodied R&D diffusion at industrial level in China during the period of...
Conference Paper
This paper aims to investigate the impact of university-industry collaboration on firms’ innovation performance. The empirical analysis is based on a network DEA method which is applied to a unique dataset about 400 Chinese innovative firms covering the period of 2008-2011. The results demonstrate that Chinese innovative firms don’t show consistent...
Article
This paper investigates carbon dioxide (CO2) emission and its determinants in 286 Chinese cities. The findings strongly support an inverted U-shaped relationship between per capita CO2 emission (PCE) and urban development. However, the realization of this relationship depends on stringent governmental policy interventions. The regression analysis i...
Article
The aim of this paper is to examine the transitional dynamics of carbon dioxide emission in China by using a prefecture-level database. Convergence analysis is conducted and mobility probability plots (MPPs) are employed to examine the distribution dynamics of 286 cities from 2002 to 2011. The empirical investigation is conducted in three steps. In...
Article
Despite extensive discussion about the important role of government in enterprise development, the function of government grants in the innovation activities of high-technology (high-tech) industries is still unclear. In this paper, the stochastic frontier model and a unique panel data set of 17 high-tech industries in China spanning the 2001–2011...
Article
Personal carbon trading (PCT) is a downstream cap-and-trade scheme which could be used to reduce carbon emissions from the household sector. To explore the effectiveness of this scheme, it is necessary to investigate how consumers respond to allowance price change. In this paper, a general utility optimization (GUO) model and a constant elasticity...
Article
This paper investigates the spatial dynamics of per capita carbon dioxide (CO2) emissions in China. The analyses are conducted by employing a continuous dynamic distribution approach and panel data of 286 cities at the prefecture and above-prefecture level. The results show that per capita CO2 emissions tend to converge during the sample period of...
Article
Empirical analysis of matched patent application data in the world’s major patent offices has shown considerable variation in patent granting probability and examination duration across different countries. This phenomenon is attributed to institutional misclassifications or patent examiners’ mistakes by some authors. Others argued that cross-count...
Article
This paper presents a review of services sector development in China. It is found that China’s services have recently emerged as the dominant contributor to economic growth and job creation. Trade in services has also increased dramatically, although China maintains a huge deficit. In comparison with economies at a similar stage of development, how...
Article
This paper proffers a tiered gasoline pricing method from a personal carbon trading perspective. An optimization model of personal carbon trading is proposed, and then, an equilibrium carbon price is derived according to the market clearing condition. Based on the derived equilibrium carbon price, this paper proposes a calculation method of tiered...
Article
In response to the challenge of climate change, personal carbon trading was put forward as a policy instrument to promote low carbon behavior in the household sector. To evaluate the effectiveness of this scheme, it is important to gain insight into the allowance trading and energy consumption behavior in a long emission commitment period. This pap...
Article
By adjusting direction vectors, we are able to measure technical efficiency incorporating risk preference of individual banks using non-parametric and parametric approaches. Furthermore, we explore categories of commercial banks by comparing their risk preferences to the risk preference that optimizes technical efficiency. Three results emerged. Fi...
Article
PCT (personal carbon trading) is a downstream cap-and-trade scheme used to reduce carbon emissions from the household sector. It is argued that the PCT scheme could provide a buffer between the energy price and the total energy price, and thus energy demand remains stable. However these effects have never been verified. To fill in this gap in the l...
Article
Carbon emissions caused by the household sector have become a major contributor to total emissions. Personal carbon trading (PCT), although untested in practice, could potentially be a powerful tool to induce change in consumer behavior. In this paper, we present an optimization model to determine the energy use choices and allowance trading, and a...
Article
Carbon emission reduction could be achieved through extensive cooperation between relevant groups such as businesses, governments and consumers. Generally, carbon emissions stem from consumer behaviour. To tackle the increasingly serious energy crisis and climate change in China, it is thus vital to control carbon emissions generated by the country...

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