The automobile industry, considered as one of China’s pillar industries, contributes dramatically to China’s extraordinary path of economic development, with an average yearly GDP growth rate of 10%. Starting as an industry with low output and technology deficiency, China became the world’s largest car manufacturer in 2009 with an output of 13.79 million, of which 8 million were passenger vehicles.
There are some unique features of Chinese automobile industry. For example, some of the car companies are privately owned, some are state-owned and some are owned by foreign companies. Therefore, it is an industry where private firms, state-owned firms, and joint ventures compete together. The industry itself presents a fertile ground for interesting research questions: on the demand side, what affect consumers purchasing decision; on the supply side, what are the pricing strategy, product choices, and dynamic decisions of firms. In addition, the growing ownership and usage of automobiles in China are linked to global warming, air pollution, and other environmental problems. It also remains to be an urgent and essential problem for the Chinese government to design effective policies to mitigate the above issues.
With a rigorous training in applied microeconomics; a solid background in quantitative methods in statistics and econometrics; and a thorough immersion in transportation policy study, I am applying what I have learned to address some of the key issues related to the automotive industry, including the environmental and energy issues linked. More specifically, I am interested in Energy Economics, Transportation Economics, Industrial Organization and Applied Econometrics.