I am an undergraduate economics student at China University of Petroleum (Beijing), and I studied as an exchange student at Central University of Finance and Economics during my sophomore year. My time at CUFE profoundly shaped my academic path, offering the inclusive and rigorous environment where my intellectual curiosity genuinely flourished.
My research lies at the intersection of political economy, development economics, and industrial organization. Stemming from my early childhood observations of the world around me, these interests have evolved into a core academic inquiry: how do micro-level actors strategically respond to institutional frictions and policy interventions? Influenced by the Austrian School of Economics and the work of Xiaokai Yang, I study the ongoing tension between rigid institutional designs and the spontaneous order of the market.
Empirically, I move beyond conventional datasets, leveraging unique micro-administrative records, geospatial data, and unstructured text to identify hidden strategic behaviors. Currently, I am bringing field experiments into my research framework to more precisely capture actors’ true preferences and decision-making dynamics. Through these tools, I aim to unpack the unintended consequences of policy designs and understand how grassroots survival strategies shape the long-term trajectory of transitional economies.
Publications
Representative Publications
Crossed but Not Connected: State-Led Energy Infrastructure Corridors and Rural Depopulation
With Chao Feng, Yihan Gu, Xinmin Zhang, and Miao Wang. R&R at Journal of Development Economics.Who Benefits from Power Transmission Infrastructure? Cost Pass-Through and Surplus Incidence in China’s Ultra-High-Voltage Expansion
With Songhao Guo, Xinmin Zhang, and Xiaoyin Yang. R&R at Energy Economics.
Other Publications
- From shadows to spotlight: How big data bureaus unveil corporate R&D gaming?
Yang, X., Zhang, X., Zang, H., Chu, H., & Feng, C. (2025). Finance Research Letters, 108932.
Working Papers
Under Submission
Sifting the Gold: Defensive Screening and the Evolutionary Adaptation of Connected Firms
With Hong Zang, Chao Feng, and Xiaoyin Yang. With Editor at Journal of Business Ethics.Washing the Stain: When Bureaucrats Sacrifice Efficiency for Political Safety
With Chao Feng, Xinmin Zhang, and Miao Wang. Under Review at American Economic Journal: Economic Policy.Weathering the tempest: Natural disasters and firm entry
With Chao Feng, Xinmin Zhang, and Xiaoyin Yang. Under Review at Regional Studies.When Compliance Delays Formalization: Reverse Invoicing and Supplier Registration
With Xinmin Zhang, Jun Yang, and Edwin Wang. With Editor at Economic Modelling.
Looking for Collaborators
Performance Incentives and the Allocation of Environmental Effort
With Edwin Wang and Yihan Gu.Gold Medals, Paper Shells: How High-Powered Incentives Drive Strategic Arbitrage in University Innovation
With Edwin Wang, Yukuan Zhang, and Sidney Wong.When Citizens Watch the Monitors: Environmental Protest and the Integrity of Air-Quality Data in China
With Yuluo Cui and Songhao Guo.Major Natural Disasters and Poverty: Evidence from a Global Subnational Monthly Panel
With Yuluo Cui, Hong Zang, and Chao Feng.
Research Projects & Community Engagement
Research Projects
Research on the Drivers and Pathways of Industrial Low-Carbon Transformation under China’s Dual-Carbon Goals
National Social Science Fund of China, General Project (Grant No. 24FGLB004). Project Team Member · Dec 2024–Oct 2026 · Project funding: ¥250,000.National Survey of Rural Subjects
Field Research Project, School of Economics, Renmin University of China. Research Assistant (Field Interviewer) · Sep–Oct 2025. PI: Prof. Shouying Liu.
Community Engagement
Qinghai–Tibet Green Station Project, Green River
Volunteer · Jul 2026.Qinghai–Tibet Green Station Project, Green River
Logbook System and Database Support · Jul–Oct 2026.