We use microlevel data on fuel consumption, mileage, and travel mode to study how plug-in hybrid drivers respond to fuel prices. When fuel prices rise, plug-in hybrids reduce fuel consumption more than gasoline…
Public procurement requirements and voluntary standards are increasingly used to foster environmental product innovations. However, quantitative evidence on their individual and joint effects is absent, and their…
We study the degree and nature of political budget cycles in public investments when two instruments are available: investments by core governments and, more indirectly, by state-owned enterprises (SOEs). While…
Why are tax systems complex despite a conventional wisdom that simplification is desirable? We study attitudes towards tax simplification using new survey and experimental data. We first document that most…
We examine the long-term regional development effects of the Taiping Rebellion (1850–1864), one of the deadliest civil wars in human history and a critical juncture in China’s path toward modernity. Our analysis…
