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[Accepting]
Ms Jinjing Chen (University of Melbourne): Who Anticipates? Policy Leakage and Regulatory Arbitrage in Vehicle Markets
We study anticipatory behavior by firms and households in vehicle markets. Using administrative data from Sweden on vehicle registrations linked to individual and firm characteristics, we document that the early announcement of Sweden’s 2018 feebate policy caused anticipatory vehicle adoption. To avoid the forthcoming higher road taxes, households and firms systematically brought forward the adoption of more emissions-intensive vehicles, resulting in a dirtier vehicle fleet ahead of implementation. Anticipatory adoption is most pronounced among those for whom acting early is easiest or adaptin...
APL
Event Date:2026.07.16
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[Accepting]
Kiyoyasu Tanaka (IDE-JETRO): Are Free Trade Agreements Pro-poor or Pro-rich? Evidence from Cambodia
This paper quantifies the first order welfare effects of free trade agreements (FTAs) on households in a low income country. Households earn income from wage labor and farm and non farm production, and they consume home produced, domestically produced, and imported goods. FTA induced tariff reductions between 2004 and 2019 are mapped into household level welfare changes for Cambodia. Under the assumptions of complete tariff pass through and uniform wage-tariff elasticities, tariff cuts generate negative income effects across the distribution, with middle income households experiencing the larg...
APL
Event Date:2026.07.02
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[Accepting]
Ms Yimeng Zhang (Kyoto University): Less is more: media regulation, news coverage quality and corporate governance
This paper investigates how a major media regulatory reform in China—the revocation and merger of local reporter stations affiliated with central media outlets—affects news coverage quality and corporate governance. Using a unique dataset of corporate news articles and based on a difference-in-differences approach, we find that the reform significantly promotes news coverage quality, as reflected by reduced optimistic tone bias. The effects are more pronounced for firms located geographically distant, in regions with weaker media competition, for less socially responsive newspapers, as well as...
APL
Event Date:2026.06.18