• Paper publication
  • Policy report
  • Book
  • Working paper
  • Courses and videos

Main Publications


“Trade Wars and Industrial Policy Competitions: Understanding the US-China economic conflicts”（with Hong Ma，Zi Wang，Xiaodong Zhu),

        Journal of Monetary Economics Volume 141, 2024.


“Trade Reforms and Current Account Imbalances” (with Kang Shi, Shang-Jin Wei),

        Journal of International Economics Volume 131, 2021.


“Bilateral trade and shocks in political relations: Evidence from China and some of its major trading partners, 1990-2013” (with Yingxin Du, Carlos D. Ramirez, Xi Yao)

       Journal of International Economics 108, pp. 211-225, 2017.


“Endowment Structures, Industrial Dynamics and Economic Growth” (with Yifu Lin and Yong Wang)

       Journal of Monetary Economics Volume 76, November 2015, Pages 244–263.


“On the Connections between Intra-temporal and Intertemporal Trades" (with Kang Shi and Shang-Jin Wei)

       Journal of International Economics 92, S36-S51, 2014.


“When Is Quality of Financial System a Source of Comparative Advantage?” (with Shang-Jin Wei)

       Journal of International Economics 2011, 84, 178-187.


“Domestic Institutions and the Bypass Effect of International Capital Flow” (with Shang-Jin Wei)

       American Economic Journal: Economic Policy November 2010, pp. 173-204.


“A Model of Middlemen and Oligopolistic Market Makers” (with Scott Linn and Zhen Zhu)

       Journal of Economics & Management Strategy 19(1), Spring 2010, pp. 1-23, Lead Article.


“Firms behavior and market access in a Free Trade Area with Rules of Origin” (with Kala Krishna)

    Canadian Journal of Economics February 2005, pp. 290-308.


“Welfare and Market Access Effects of Piecemeal Tariff Reform” (with Kala Krishna)

   Journal of International Economics 51, August 2000, pp.305-316.


“Evaluating Trade Reform with Many Consumers” (with Kala Krishna)

      Canadian Journal of Economics 33(3), August 2000, pp.787-798.


“Divisionalization, Franchising, and Divestiture Incentives in Oligopoly” (with Baye and Crocker)

    American Economic Review 86, March 1996, pp.223-236.

Other Publications

“National Concentration of High-tech Products: The Second Great Divergence?” （with Xinding Yu, Bing Lu）

      China & World Economy Volume1, 2023.


“Impact of vaccination on the COVID-19 pandemic in U.S. states”(with Xiao Chen, Hanwei Huang, Ruoyan Sun, Jialiang Zhang)

      Scientific Reports Volume12, 2022.


“Structural Changes and the Real Exchange Rate Dynamics” (with Justin Yifu Lin, Qing Liu, Kang Shi),

       Journal of International Money and Finance Volume 107, 2020.


“Nonlinear Capital Flow Tax: Capital Flow Management and Financial Crisis Prevention in China”（with Shang-Jin Wei, Kang Shi, Guangyu Nie and Li Li),

      China & World Economy Volume 46, 2019.


“China’s Opening up after 40 Years: Standing at a Historic Turning Point”（with Xinding Yu）,

     China & World Economy Volume 26, 2018.


“Reputation Premium and Reputation Management: Evidence from the Largest E-Commerce Platform in China” (with Ying Fan and Mo Xiao)

     International Journal of Industrial Organization Volume 46, May 2016, Pages 63–76.


“The Secondary Market Impact of Quality and Pricing Decisions for New Product Generations” (with Yifei Ding and Daniel Hicks)

     Pacific Economic Review, 2016.


“Productivity, Profitability, Production and Export Structures Along the Value Chain in China” (with Xinding Yu)

     Journal of Comparative Economics 43, 33-54, 2015.


“The Cosine Shaped Pattern of Innovations and Technological Advantages: Theory and Some Evidence” (with Xuebing Yang)

     Frontiers of Economics in China 8(3) 476-489, 2013.


“Market Structure in the Chinese Steel Industry” (with Li Su)

     Asia-Pacific Journal of Accounting and Economics 20(1), 70-84, 2013.


“Income Inequality and Structures of International Trade” (with Firat Demir and Yin Zhou)

     Asia-Pacific Journal of Accounting and Economics 19(2): 167 – 180, 2012.


“‍Consumer Heterogeneity, Free Trade, and the Welfare Impact of Income Redistribution”‍

     Review of International Economics 2011, 19(2), pp. 288-299.


“The Impact of Trade Liberalization on the Trade Balance in Developing Countries” (with Yi Wu and Li Zeng)

     IMF Staff Papers 57(2), 2010, pp. 427-449.


“Hicks Theorem: Effects of Technological Improvement in the Ricardian Model” (with Xuebing Yang)

   International Review of Finance and Economics 18, 2009, pp. 239-247.


“Oligopolistic Competition, Technology Innovation, and Multiproduct Firms”

   Review of International Economics 11(2), May 2003, pp.346-359.


“Regulations, Regime Switches and Non Monotonicity when Non Compliance is an Option: An Application to Content Protection and Preference” (with Kala Krishna)

   Economics Letters 77, 2002, pp. 315-321.


“Necessary Conditions for Welfare Improving Reforms” (with Kala Krishna)

     Economics Letters 67(2), May 2000, pp.173-178.


“Divisionalization and Franchising Incentives with Integral Competing Units” (with Baye and Crocker)

Some Publications in Chinese


“大国竞争与新时代的中国经济发展战略”(与刘斌合著)，外交评论，第4期，2024。[“Great Power Competition and the Economic Development Strategy of China in the New Era” (with Bin Liu) Foreign Affairs Review, 4, 2024]


“三足鼎立”的新全球化双层治理体系”（与彭婉、余心玎合著），世界经济与政治,第9期，2020。[“A Dual Architecture with a Tri-polar Regional Order for Global Governance in the New Globalization Era”（with Wan Peng, Xinding Yu）World Economics and Politics,9,2020]

“双边冲突的理论与实践”(与陈骁、马捷和郑捷合著)，南开经济研究，第2期, 2019。[“Bilateral Conflicts：Theory and Applications,” (with Xiao Chen, Jie Ma and Jie Zheng) Nankai Economic Studies, 2, 2019.]


“中美贸易的反比较优势之谜” (与马弘、魏自儒、钱颖一 和 刘庆合著) ，经济学 (季 刊) ，第11卷第3期, 2012。[“Anti-Comparative Advantage: A Puzzle in China-U.S. Bilateral Trade,” (with Hong Ma, Ziru Wei, Yingyi Qian and Qing Liu) China Economic Quarterly, 11(3), 2012.]


“要素禀赋、专业化分工、贸易的理论与实证” (与林毅夫和王勇合著) ，经济学 (季 刊) ，第4卷第1期, 2004。 [“Endowment, Specialization, and Trade: Theory and Practice,” (with Justin Yifu Lin and Yong Wang) China Economic Quarterly, 4(1), 2004.]


“社会价值、市场效率与收入分配”，经济学 (季刊) ，第2卷第3期，2003。 [“Social Value, Market Efficiency, and Income Distribution,”China Economic Quarterly, 2(3), 2003.]


“调整过程中的价格刚性与失业要素波动：一个动态一般均衡角度的分析”，经济学 (季 刊) ，第1卷第1期，2001。[“Price Rigidities and Unemployed Factor Fluctuations in the Adjustment Process: A Dynamic General Equilibrium Approach,”China Economic Quarterly, 1(1), 2001.]

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Understand great - power competition and the reconstruction of the world order
Why do international trade disputes occur? | Great - power competition and the reconstruction of the world order (Chapter 1)
How does the economic aggregate grow? | Great - power competition and the reconstruction of the world order (Chapter 2)
How do great powers compete? | Great - power competition and the reconstruction of the world order (Chapter 3)
Analyze tariff disputes | Great - power competition and the reconstruction of the world order (Chapter 4)
Mirror strategy: How to avoid confrontation? | Great - power competition and the reconstruction of the world order (Chapter 5)
Tripartite confrontation: Structural changes in the global value chain | Great - power competition and the reconstruction of the world order (Chapter 6)
Basic contradictions of the international monetary system | Great - power competition and the reconstruction of the world order (Chapter 7)