Educational Background

Ph.D., Economics (2024), School of Economics, Zhejiang University;

B.A. Economics (2019), School of Statistics, Southwestern University of Finance and Economics.

Work Experience

2024.07-present, Assistant Professor, China—Asean School of Economics/School of Economics/ China—Asean Institute of Financial Cooperation, Guangxi University

Granted Projects

[1] Major Project of the National Social Science Fund, Research on Tax System Reform Conducive to Common Prosperity (Grant No. 23ZDA020), 2023-2026, 600,000 RMB, ongoing, participant.

[2] Major Project of National Statistical Science Research, Research on the Measurement of China’s Digital Economy Aggregate from a Macro Perspective (Grant No. 2017LD05), 2017-2020, 150,000 RMB, completed, participant.

[3] Second Batch of Teaching Reform Research Projects for the “Thirteenth Five-Year Plan” of Higher Education in Zhejiang Province: “Innovation and Practice of Teaching Reform in Frontier Methods and Tools Courses: A Case Study of the Course Panel Data Analysis and Stata Application” (Grant No. jg20190047), 2019-2021, 30,000 RMB, completed, participant.

[4] Collaborative Research Project between Zhejiang University and Xiong’an New Area, Research on the Financial Subsidy Mechanism and Standards for Public Welfare Projects in Xiong’an New Area, 2020, 200,000 RMB, completed, participant.

Honors and Awards

National Scholarship for Undergraduates, 2015-2016 academic year;

National Scholarship for Undergraduates, 2017-2018 academic year;

National Scholarship for PhD Students, 2021-2022 academic year;

Outstanding Graduate of Zhejiang Province, 2024.

Publications

* Corresponding author, # Co-first author

[1] Zhao, L., & Fang, H. (2022). Investment incentives and the relative demand for skilled labor: Evidence from accelerated depreciation policies in China. China Economic Review, 73, 101786.

[2] Fang, H., Wu, X., Shen, J. H., & Zhao, L.#(2022). The impact of technology identification policy on firm innovation: Evidence from China. China Economic Review, 76, 101866.

[3] Zhao, L., & Peng, G. (2023). The spillover effect of investment incentives on corporate social responsibility: Firm responses to accelerated depreciation. Journal of Cleaner Production, 385, 135647.

[4] Zhao L, Peng G, Feng Q (2024). VAT rate cut and corporate maturity mismatch: Evidence from China's VAT rate reform. International Review of Financial Analysis, 103131.

[5] Feng, Q., Zhao, L.*,#, Xu, M (2023). Tax Incentives and Maturity Mismatch between Investment and Financing: Evidence from China, China & World Economy, 31(4),1-36（封面文章）.

[6] Fang, H., Zhao, L.*,#, Liu, X. (2023). Value-Added Tax and Leverage: Evidence from China's VAT Rate Reform, China & World Economy, 32(2): 200-234.

[7] Liu, X., Fang, H., Zhao, L.#, & Xu, W. (2023). Do VAT cuts help stabilize employment? Evidence from China’s VAT rate reform. Economic Analysis and Policy, 78(6), 190-207.

[8] Zhao, L., & Fang, H. (2022). Investment incentives and leverage: Evidence from China’s accelerated depreciation policy. The World Economy, 45(11), 3625-3649.

[9] Zhao, L., Feng, Q., & Hu, W. Q. (2022). Investment incentives and labor share: evidence from accelerated depreciation policy in China. Applied Economics, 54(41), 4751-4766.

[10] Hu, W. Q., Zhao, J., & Zhao, L. *(2022). Does enhancing environmental regulation promote corporate green investment? Evidence from China. Energy & Environment.

[11] Feng, Q., Zhao, L.*, & Xu, Y. (2023). Tax incentives and corporate internationalization performance: evidence from China’s accelerated depreciation policy. Applied Economics Letters, 1-7.

[12] Peng, G., & Zhao, L. (2020) . Research on the Measurement of China's Digital Economy Aggregate and Its Impact on the Transformation of China’s Economic Growth Momentum [J]. Journal of Statistics, 1(03): 1-13.

[13] Zhao, L., & Peng, G. (2023). Fiscal Pressure, Tax Collection and Administration, and Labor Income Share: Evidence from the Reform of "Provincial-Level Direct Management of Counties" [J]. Henan Social Sciences, 31(03): 33-50.

[14] Zhao, L., & Fang, H. (2024). Tax Incentives and Corporate Green Innovation: An Empirical Study Based on the Accelerated Depreciation Policy for Fixed Assets [J]. Research on Financial and Economic Issues, (06): 79-93.

[15] Zhao, L, & Zhao, M. (2018). Discussion on the Development Issues and Countermeasures of the Certified Public Accountant Industry: Based on the Analysis of the “Top 100 Comprehensive Evaluation Information of Accounting Firms in 2016” [J]. Communication of Finance and Accounting, No.771(07): 9-12+129.

[16] Zhao, L, & Peng, G. (2022). Money Supply, Exchange Rate Changes, and Foreign Trade [J]. Statistics and Decision, 38(01): 136-140.

[17] Feng, Q., Zhao, L.*, & Hu X. (2024). Innovation and Internal Pay Gap in Firms [J/OL]. China Economic Journal: 1-44.