Room 210, National School of Development
Peking University Beijing 100871, China
Phone: 010-62758907 (office)
Email: wangmin@nsd.pku.edu.cn
Education
Ph.D. in Economics, Iowa State University, USA, 2010
Dissertation title: Essays on environment, natural resources, growth, and development
M.S. in Management, Zhejiang University, China, 2005
B.A. in Economics, Zhejiang University, China, 2002
Research Fields
Environmental and Resource Economics; Energy Economics; Economics of Climate Change; Macroeconomic Development
Academic Appointments
Tenured Associate Professor, National School of Development, Peking University, 2019–present
Assistant Professor, National School of Development, Peking University, 2011–2018
Postdoctoral Fellow, Center for Environmental Science and Policy, Michigan State University, 2011
Courses Taught
Intermediate Microeconomics; Advanced Mathematical Economics; Advanced Macroeconomics; Advanced Environmental Economics
Academic Service
Co-Editor, China Economic Review, 2025–present
Associate Editor, Singapore Economic Review, 2025–present
Deputy Director, Center for Environment and Energy Economics, Peking University, 2019–present
Associate Editor, China Economic Quarterly, 2017–2022
Director, Environment for Development (EfD) China Center, 2019–2020
Publications
English-Language Journal Articles
1. China’s climate policies: Climate targets and implementation mechanisms (with Yazhen Gong and Jinhua Zhao), Annual Review of Resource Economics, 2026, 18
2. The socioeconomic impacts of industrial parks in Ethiopia (with Guangbo Huang and Huayu Xu), Journal of Urban Economics, 2026, 154, 103867
3. Hot and cold choices: The role of extreme temperatures in shaping industrial geographical distribution (with Ding Ma, Shuo Li, and Xiumei Yu), Journal of Environmental Economics and Management, 2026, 137, 103285
4. Environmental regulation and firms’ extensive margin decisions (with Shuo Li), Journal of Environmental Economics and Management, 2025, 133, 103224
5. Air pollution, labor productivity, and individual consumption (with Shuai Chen and Dandan Zhang), Journal of Population Economics, 2025, 38, Article 63
6. China and the Global South: A strategic partnership for development (with Justin Yifu Lin), Forum for Development Studies, 2025, 52(2): 335–359
7. Credit markets with time-inconsistent agents and strategic loan default (with Joydeep Bhattacharya and Monisankar Bishnu), Journal of Money, Credit and Banking, 2024, 56(7): 1803–1831
8. Long-term forecast and policy discussion on China’s carbon emissions, China Economic Journal, 2023, 16(2): 104–120
9. Renewable electricity development in China: Policies, performance, and challenges (with Maximilian Auffhammer, Lunyu Xie, and Jintao Xu), Review of Environmental Economics and Policy, 2021, 15(2): 323–339
10. Impact of tiered pricing reform on China’s residential electricity use (with Xiumei Yu), China Economic Quarterly International, 2021, 1(3): 177–190
11. Will China’s population aging be a threat to its future consumption? (with Xiumei Yu), China Economic Journal, 2020, 13(1): 42–61
12. Temperature effects on mortality and household adaptation: Evidence from China (with Xiumei Yu and Xiaoyan Lei), Journal of Environmental Economics and Management, 2019, 96: 195–212
13. Are renewable energy policies climate-friendly? The role of capacity constraints and market power (with Jinhua Zhao), Journal of Environmental Economics and Management, 2018, 90: 41–60
14. The political intergenerational welfare state (with Monisankar Bishnu), Journal of Economic Dynamics and Control, 2017, 77: 93–110
15. Endogenous borrowing constraints and wealth inequality (with Joydeep Bhattacharya and Xue Qiao), Macroeconomic Dynamics, 2016, 20(6): 1413–1431
16. Environmental regulation and firm location choice in China (with Qingtao Wang and Xuanli Xie), China Economic Journal, 2015, 8(3): 215–234
17. Optimal health and environmental policies in a pollution-growth nexus (with Jinhua Zhao and Joydeep Bhattacharya), Journal of Environmental Economics and Management, 2015, 71: 160–179
18. Optimal education policy under endogenous borrowing constraints, Economic Theory, 2014, 55(1): 135–159
19. The monopoly extraction of a nonrenewable resource facing capacity-constrained renewable competition (with Jinhua Zhao), Economics Letters, 2013, 120(3): 503–508
20. Voting under temptation (with Monisankar Bishnu), Economics Letters, 2013, 118(3): 419–423
Chinese-Language Journal Articles
1. The impact of improved air quality on household consumption (with Shuo Li), China Population, Resources and Environment, 2023, 33(10): 24–34 (in Chinese)
2. The effects of life expectancy on household saving and health investment in China (with Xiumei Yu and Xiaoyan Lei), Economic Science, 2023(6): 164–182 (in Chinese)
3. Central environmental inspections and firm entry: Evidence from business registration data (with Shuo Li and Dandan Zhang), The Journal of World Economy, 2022(1): 110–132 (in Chinese)
4. Opportunities and challenges for Chinese investment in Ethiopia: A political economy perspective (with Chenyang Li et al.), China-Africa Studies Review, 2021(9): 45–72 (in Chinese)
5. Opportunities and challenges for Chinese investment in Djibouti: A political economy perspective (with Shuanghe Shang and Yufan Du), China-Africa Studies Review, 2021(9): 74–90 (in Chinese)
6. The impact of tiered electricity pricing reform on residential electricity consumption in China: Evidence from a monthly panel of fixed electricity meters (with Xiumei Yu), China Economic Quarterly, 2020(1): 731–756 (in Chinese)
7. China’s wind and solar power subsidy shortfall and large-scale renewable curtailment (published under the research group name; lead author), International Economic Review (China), 2018(4): 67–85 (in Chinese)
8. Restructuring rural finance in China through marketization, commercialization, and digitalization (with Yiping Huang et al.), International Economic Review (China), 2018(3): 106–124 (in Chinese)
9. Local governments’ environmental governance decisions: Panel evidence from SO₂ emissions reduction (with Ying Huang and Qing Liu), The Journal of World Economy, 2016(12): 166–188 (in Chinese)
10. Environmental pollution and economic growth in China (with Ying Huang), China Economic Quarterly, 2015(2): 557–578 (in Chinese)
11. Do high housing prices discourage entrepreneurship in China? Theory and evidence (with Xiaoyu Wu and Lixing Li), Economic Research Journal, 2014(9): 121–134 (in Chinese)
12. Energy system reform: An effective market and a proactive government (with Jintao Xu and Zhuo Huang), International Economic Review (China), 2014(4): 37–53 (in Chinese)
13. Opening the market door to urban renewal: Shenzhen’s experience in resolving historical land and housing problems (published under the name of the NSD comprehensive research team), International Economic Review (China), 2014(3): 56–71 (in Chinese)
14. Effects of home-purchase restrictions and property taxes on housing prices: A long-run dynamic equilibrium analysis (with Ying Huang), The Journal of World Economy, 2013(1): 141–159 (in Chinese)
15. A perspective on rural income inequality: Returns to rural entrepreneurs (with Zuhui Huang and Xiaobo Zhang), Management World, 2006(1): 75–82 (in Chinese)
16. Rural income inequality: A village-level microeconomic framework (with Zuhui Huang and Yu Song), Management World, 2005(3): 75–84 (in Chinese)
17. Income inequality in China: The role of transfer income (with Zuhui Huang and Guanghua Wan), Management World, 2003(3): 70–75 (in Chinese)
18. Rural income problems: A structural and institutional analysis (with Zuhui Huang), Chinese Journal of Population Science, 2002(4): 16–22 (in Chinese)
Books (in Chinese)
1. Shared Development: China and the Global South, CITIC Press, 2025 (published under the project team name; co-edited with Yiping Huang; in Chinese)
2. Conflict and Development: Political, Economic, and Social Studies of Ethiopia, Xinhua Publishing House, 2025 (published under the project team name; project leader; in Chinese)
3. Research on China’s Wind and Solar Power Subsidy Policies, China Social Sciences Press, 2018 (with Jintao Xu, Ying Huang, and Lunyu Xie; in Chinese)
4. Shenzhen’s New Land Reform, CITIC Press, 2016 (with Yuan Xu, Zhaofeng Xue, and Lixing Li; in Chinese)
Book Chapters
1. In Jintao Xu (ed.), China’s Dual-Carbon Report: An Economic Perspective, Peking University Press, 2025 (in Chinese)
(1) “Climate change and China’s carbon emissions” (with Han Zhang)
(2) “Long-term forecast and policy discussion on China’s carbon emissions”
2. In Yiping Huang and Min Wang (eds.), Shared Development: China and the Global South, CITIC Press, 2025 (in Chinese)
(1) “Economic cooperation between China and the Global South: From trade and investment to Belt and Road infrastructure collaboration”
(2) “Belt and Road infrastructure investment: The perspective of economic geography and industrialization”
3. “Household Consumption in 2049” (with Xiumei Yu), in David Dollar, Yiping Huang, and Yang Yao (eds.), China 2049: Economic Challenges of a Rising Global Power, Brookings Institution Press, 2020
4. “Environmental economics research”, in Yao Yang (ed.), Forty Years of Economics in China, The Commercial Press, 2019 (in Chinese)
5. “Report on improving China’s wind and solar power subsidy policies”, in Research on China’s Wind and Solar Power Subsidy Policies, China Social Sciences Press, 2018 (in Chinese)
6. Shenzhen’s New Land Reform, CITIC Press, 2016 (in Chinese)
(1) “Shenzhen’s new land reform” (one of the authors)
(2) “Opening the market door to urban renewal: Shenzhen’s experience in resolving historical land and housing problems” (one of the authors)
(3) “The costs of ‘illegal buildings’” (with Luanying Wu)
(4) “Approaches to resolving the ‘illegal building’ problem”
Policy Research Reports (in Chinese)
1. International comparison and determinants of household consumption rates (Office of the Central Leading Group for Financial and Economic Affairs; 2025)
2. Risks to China’s energy and resource security and policy recommendations (Research Office of the State Council; 2025)
3. Pathways and policy safeguards for carbon peaking and carbon neutrality (National High-End Think Tank Program; 2021)
4. Problems, challenges, and policy options for economic development in Belt and Road countries and Chinese overseas investments: Evidence from field research in Djibouti and Ethiopia (National High-End Think Tank Program; 2019)
5. The economic effects of central environmental inspections (National High-End Think Tank Program; 2018)
6. Forty years of reform and opening-up: Survey report on Zhongguancun Science Park (Publicity Department of the CPC Central Committee; Contributing Author; 2018)
7. Forty years of reform and opening-up: Survey report on Didi Chuxing Technology Co., Ltd. (Publicity Department of the CPC Central Committee; Contributing Author; 2018)
8. Rural financial reform (National High-End Think Tank Program; Lead Author; 2017)
9. Improving China’s wind and solar power subsidy policies (National Development and Reform Commission, National Energy Administration, and World Bank; Lead Author; 2017; received written comments from the then Executive Vice-Premier of the State Council)
10. China’s residential tiered electricity pricing reform (National Development and Reform Commission; 2017)
11. Labor mobility and employment trends in China (Office of the Central Leading Group for Financial and Economic Affairs; Contributing Author; 2017)
12. Evaluation of the Chengdu-Chongqing pilot zone for coordinated urban-rural reform (National Development and Reform Commission; Contributing Author; 2016)
13. China’s energy system reform (Peking University Center for National Energy Security and Development; Lead Author; 2014)
14. Expert evaluation report on national comprehensive reform pilot program (No. 4): Evaluation of the Chengdu pilot zone for coordinated urban-rural reform (National Development and Reform Commission; Contributing Author; 2013)
15. Shenzhen land system reform (Shenzhen Municipal Government; Contributing Author; 2013)
Research Projects
1. The effects of air pollution, climate change, and environmental policies on industrial structural transformation and interregional firm relocation in China (National Natural Science Foundation of China, 2020–2023)
2. The effects of environmental pollution on health, household decisions, economic growth, and social welfare in China (National Natural Science Foundation of China, 2016–2018)
3. International comparison of household consumption rates (National High-End Think Tank Program and Office of the Central Leading Group for Financial and Economic Affairs, 2025)
4. Subproject on methods and applications for mining the value of bidirectional electricity-economy data (State Grid Energy Research Institute Co., Ltd., 2021–2022)
5. Pathways and policy options for carbon peaking and carbon neutrality (National High-End Think Tank Program, 2021)
6. Research on advancing Belt and Road cooperation (National High-End Think Tank Program, 2019)
7. The economic effects of central environmental inspections (National High-End Think Tank Program, 2018)
8. Improving renewable electricity subsidies and price formation mechanisms (National Development and Reform Commission, National Energy Administration, and World Bank China Renewable Energy Scale-Up Program, 2016–2017)
9. China’s energy system reform (Peking University Center for National Energy Security and Development, 2013–2014)
10. Green growth and human capital (Center for Educational Planning and Strategic Studies, Ministry of Education, 2012–2013)
11. The effects of home-purchase restrictions and property taxes on housing prices (Scientific Research Foundation for Returned Overseas Chinese Scholars, Ministry of Education, 2012)
Honors and Awards
1. Peking University–ICBC Outstanding Scholar in Economics Award, 2025
2. Peking University Excellence in Teaching Award, 2024
3. Peking University Excellence in Teaching Award, 2019
4. Peking University–ICBC Outstanding Scholar in Economics Award, 2018
5. Letter of appreciation from the National Development and Reform Commission to Peking University in recognition of policy research contributions, 2016
6. Peking University Excellence in Teaching Award, 2016
7. Peking University Outstanding Faculty Advisor, 2015
8. Excellence Award, 13th Peking University Young Faculty Teaching Skills Competition, 2013
9. Peking University Tongshan Education Fund, 2011–2012
