Haotian Zheng

2026Applied Economics LettersFirst author

The circular economy and sustainable growth: based on directed technical change (opens in a new tab)

Haotian Zheng, Yu Qi, and Kedi Jing.

A directed technical change model linking virgin-material production and recycling through material balance and an environmental boundary.

2025Applied Economics, 57(34), 5148–5163First author

Will carbon emission trading scheme affect industrial investment? Evidence from China’s listed companies (opens in a new tab)

Haotian Zheng, Caiyun Zhang, and Xiaoxi Zhang.

Firm-level evidence on how China’s emissions-trading pilots affect industrial investment, with environmental performance and market value examined as mechanisms.

2026Applied EconomicsCo-author

From policy pilots to green transformation: multidimensional evidence of how STF policies impacts the enhancement of urban green competitiveness (opens in a new tab)

Kedi Jing, Baoliu Liu, and Haotian Zheng.

Evidence on the effect of science and technology finance pilot policies on urban green competitiveness.

Working paperSecond and corresponding author

Neutral taxation and clean transition: A perspective of directed technical change

Xinwu Liu, Haotian Zheng, and Caiyun Zhang.

A theoretical and firm-level study of how China’s business-tax-to-VAT reform changes incentives for clean and dirty innovation.

Sole-authoredSecondary research project

How AI Flows Through the Supply Chain

A continuous-time multilayer model of how AI-driven productivity and automation reshape production and monopoly profits across supply chains.

Nankai UniversityCompleted 2026

The Multi-Subsystem Environmental Constraints and Endogenous Economic Growth: A Directed Technical Change Approach

A dynamic general equilibrium framework with clean-technology environmental burdens, nonlinear environmental damage, and regeneration capacity that deteriorates as pressure accumulates.