Education

• Visiting Ph.D. student, University of Mannheim, 2024
• Ph.D. Candidate in Economics, Jinan University, 2025 (expected)
• M.S. in Economics, Jinan University, 2019
• B.S. in Management, Guangdong University of Finance, 2017

Work experience

• 2019-2021: Lecturer
  • Guangzhou College of Commerce
  • Department of Accounting

Publications

• Manman Hu, Lishuang Huang(2019). Growth of Tax revenue in Macao since the return.Sub National Fiscal Research.
  • Published version(Chinese) Translation(English)
• Lishuang Huang(2021). Hong Kong’s tax assessment system and its reference to the mainland. Finance and Accounting for International Commerce.
  • Published version(Chinese) Translation(English)

Working paper

2023

Training for Hukou: Evidence from China (with Shimeng Liu and Wenquan Liang)
PDF
Based on the China Labor-Force Dynamics Survey (CLDS), we find that the participation rate in training has significantly increased after the 2014 hukou reform. The higher the hukou requirements, the larger the participation rate of migrants, with training funds more likely to be self-financed. This phenomenon is attributed to getting bonus points related to the hukou system through training. Additionally, migrants with less than a bachelor’s degree or under 40 years old are more likely to train. Training for hukou can improve individual income; however, the income increment for migrants is 62.08% less than that of natives, coupled with a low skill match. Despite these skill mismatches and less favorable spillover effects, training facilitates the social integration of migrants into their cities of residence.

2024

Tax Incentives and Labor Market Power: Evidence from China’s Value-added Tax Reform
PDF
Using China’s manufacturing firm-level data from 1998 to 2007, I measure labor market distortion as the ratio between a firm’s marginal revenue product of labor (MRPL) and wages. Most manufacturing firms operate in a monopsonistic environment, with an average markdown of 2.30, meaning workers earn only 43.47% of their marginal income. Using a difference-in-differences (DID) approach, this paper finds that the 2004 VAT reform increased labor market distortions, particularly in high-productivity, capital-intensive, and older firms, where workers received a smaller share of MRPL.

In progress

• Trade Liberalization and Labor Market Power: Evidence from China
• We find evidence of labor market monopsony power from 1998 to 2007 in the Chinese labor market, with an average wage markdown of 1.186. There is a declining trend in average markdown rates over time.
• Import competition exposure is associated with increased labor market concentration, while trade liberalization improves employment and wages but reduces the number of firms.
• If a firm wishes to attract 1 percent of its local competitors’ current employment, it would need to increase its wage premium by 0.5106 percent. Meanwhile, if a market desires to attract 1 percent of its local competitors’ current employment, it would have to raise its wage premium by 1.1993 percent, indicating that labor mobility across markets requires higher wage compensation.

Skills

• Stata
• Python

Teaching

• Accounting Principle
• Electronic Tax Filing