Contact Information

School of Statistics

Beijing Normal University

No. 19, Xinjiekou Outer Street, Haidian District

Beijing, China 100875

E-mail: lubing@bnu.edu.cn

Work Experience

2024.07 - Now Associate Professor, Beijing Normal University, China 

2021.07 - 2024.07 Assistant Professor, Beijing Normal University, China

Education

Ph.D. Economics, Tsinghua University PBCSF, 2021

Visiting Scholar Columbia Business School, 2019-2020

B.A. Finance, Central University of Finance and Economics, 2016

Research Interest

International Trade, International Finance, Chinese Economy

Publications

In English

[1] Lu, B., & Ma, H. (2023). The “Matthew Effect” in Rebates: How Does VAT Rebates Allocation Affect Firm Export Performance, Journal of Public Economics, 2023 (225), 104982.

[2] Lu, B., & Wang, Y. (2024). Multinationals’ Profits in China: Impact of Tax Avoidance, Journal of International Money and Finance, 2024 (140), 102990.

[3] Lu, B., Yang, X., & Yu, X. (2025). Minimum Wage, Foreign Firm Exit and Export: Heterogeneity in Investment Motivation. Economic Analysis and Policy, 87, 948-970.

[4] Lu, B., Ju, J., & Yu, X. (2023). National Concentration of High-Tech Product Production: The Second Great Divergence? China & World Economy, 31(1), 88-118.

[5] Lu, B., Tan, X., & Zhang, J. (2019). The Crowding Out Effect of Booming Real Estate Markets on Corporate TFP: Evidence from China. Accounting & Finance, 58(5), 1319-1345.

[6] Lu, B., Wang, Y., & Tan, X. (2020). Exchange Rate Volatility, Heterogeneous Firms and Market Concentration. China & World Economy, 28(4), 51-75.

In Chinese

[1] VAT Rebate Efficiency and Firm Export Performance (with Hong Ma), China Economic Quarterly, 2024, 24 (01), 67-83.

[2] Monetary Policy Divergence and the Intersectoral Allocation of Cross-Border Bank Capital Flows: Buffer Role Played by the Official Sector (with Xiaofen Tan, Ziruo Li and Qian Zhao), Journal of Financial Research, 2024, (12), 1-19.

[3] Can Institutional Investors Restrain the Risk of Goodwill Impairment of Listed Companies? Evidence from China A-share Market (with Antai Li and Jianyu Zhang), Journal of Financial Research, 2022, (10), 189-206.

[4] Exchange Rate Movement, Factor Market Distortion and Firm Performance (with Yaqi Wang and Shengjie Hong), China Industrial Economics, 2021, (12), 201-219.

[5] The Forward Exchange Rate and False Trade: Analysis from a Currency Arbitrage Perspective (with Yaqi Wang and Shengjie Hong), Journal of Financial Research, 2020, (1), 9-27.

[6] Exchange Rate Movement, Financial Constraints and Firm R&D (with Yaqi Wang), Journal of World Economy, 2018, (7), 75-97.

[7] Comparison and Connection of China and the US in Economics and Trade: A Comprehensive Analysis from the Quantitative Perspective (with Jiandong Ju, Xinding Yu and Jianghuai Hou), International Economic Review, 2019, (6), 56-73.

[8] Exchange Rate Volatility, Financial Marketization and Export (with Xiaofen Tan and Yaqi Wang), Journal of Financial Research, 2016, (3), 15-30.

[9] Analysis of the “Tripod” Structure in the Global Value Chain Network (with Jiandong Ju, Xinding Yu and Xin Li), China Journal of Economics, 2020, (4), 1-20.

[10] RMB Exchange Rate, Trade Mode and Product Quality (with Yaqi Wang, Xiaofen Tan and Jinhui Zhang), Journal of Financial Research, 2018, (3), 71-88.

Research Grants

[1] National Natural Science Foundation of China (72203023), 2023-2025, PI, under research.

[2] China Postdoctoral Science Foundation (2022M710438), 2022-2024, PI, completed.

[3] Fundamental Research Funds for the Central Universities (2021NTSS12), 2021-2023, PI, completed.

Honors and Awards

Beijing Normal University Peng Nian Outstanding Young Teacher Award (Graduate Teaching), 2024

Beijing Normal University Outstanding Counselor, 2022

Beijing Normal University Outstanding Freshman Mentor, 2022

Outstanding Doctoral Graduates of Tsinghua University, 2021

Jiang Nanxiang Scholarship, Tsinghua University, 2020

Liu Hongru Scholarship, Tsinghua PBCSF, 2020

ICBC Scholarship, Tsinghua University, 2019

SMBC Scholarship, Tsinghua PBCSF, 2018

Guanghua Scholarship, Tsinghua University, 2017

Beijing Outstanding Graduates, 2016

National Scholarship, 2014

Updated July, 2025