Publications

The European Union’s Carbon Border Adjustment Mechanism (CBAM) is the first large-scale climate-trade instrument with the potential to reshape global carbon pricing incentives. Its implementation pressures countries without explicit carbon prices to...

China has launched a comprehensive market-oriented reform of the power sector since 2015 to foster competition and enhance efficiency. This article summarizes the progress, achievements, and challenges of these reforms. Progress has been made in enhancing...

Understanding the immediate impacts of air pollution is crucial, especially as non-health outcomes like player productivity are covert. This paper focuses on investigating the causal relationship between air pollution and player productivity, which is...

We present evidence on the distortions that arise from imperfect regulations compared with market allocation mechanisms. Using a triple difference strategy, we evaluate the effectiveness of the Energy-Saving Generation Dispatch reform in China, which aims...

The causal impacts of aviation on local air pollution are poorly understood. Leveraging variation in aviation frequency caused by COVID-19 travel restrictions that occurred hundreds of miles away between 2020 and 2022, this study identifies the short-run...

The urgent challenge posed by climate change has catalyzed global efforts to transition towards sustainable energy sources, with wind power emerging as a pivotal component. However, the rapid expansion of renewable energy sources has raised concerns about...

Addressing the challenge of climate change requires information on how to achieve GHG mitigation at the global scale. Here, we use the latest data available on economic interdependencies between economies as well as the associated emission activities to...

Road traffic injuries are a leading cause of socio-economic loss in East Asia Summit (EAS) countries. A regular performance rating to monitor progress and calibrate interventions is crucial for road safety improvement, helping to save human lives and...

Climate actions have focused on CO2 mitigation and only some studies of China consider non-CO2 greenhouse gases (GHGs), which account for nearly 18% of gross GHG emissions. The economy-wide impact of mitigation covering CO2 and non-CO2 GHGs in China, has...

The need to make more accurate grain demand (GD) forecasting has become a major topic in the current international grain security discussion. Our research aims to improve short-term GD prediction by establishing a multi-factor model that integrates the...

We identify and measure two impacts of industry-level total factor productivity(TFP) growth on aggregate price change in the U.S. and Japan. The first is a standard effect from the definition of aggregate GDP. TFP change lowers aggregate prices ceteris...

The rapidly falling costs of renewable energy has made them the focus of efforts in making a low-carbon transition. However, when cheap large-scale energy storage is not available, the variability of renewables implies that fossil-based technologies have...