Department of Economics and Business Economics

Rui Zhang

Assistant Professor

Profile photoRui Zhang (Ray)
Assistant Professor
Department of Economics and Business Economics
Department of Economics and Business Economics - Research Centre for Firms and INdustry Dynamics (FIND)
Postal address:
Fuglesangs Allé 4
2632, 121
Aarhus V
Phone: +4587164831


Assistant Professor

Department of Economics and Business Economics

Aarhus University

Aarhus V, Denmark

1 Sep 2019 → present

Assistant Professor

Department of Economics and Business Economics - Research Centre for Firms and INdustry Dynamics (FIND)

Aarhus University

Aarhus V, Denmark

1 Sep 2019 → present


Economics, PhD, National School of Development, Peking University

Sep 2013Jun 2019

Award Date: 28 Jun 2019

Statistics, Second Major, School of Statistics, Renmin University of China

Feb 2011Jun 2014

Award Date: 30 Jun 2014

Finance, Bachelor, School of Finance, Renmin University of China

Sep 2009Jun 2013

Award Date: 30 Jun 2013

Economics, Visiting PhD Student, Yale University

Sep 2016Jul 2018

Finance, Exchange Student, Warwick Business School, The University of Warwick

Sep 2011Dec 2011

Research Interests

International Economics, Spatial and Urban Economics, Development Economics, Chinese Economy


"Judicial Quality, Input Customization, and Trade Margins: The Role of Product Quality", Economic Journal, forthcoming (with Xiaomin Cui and Miaojie Yu)
"Understanding the Recent Sino-US Trade Conflict", China Economic Journal, 12(2), 2019, 160-174 (with Miaojie Yu)
"International Trade and Firm Innovation: Patterns and Evidence from the Chinese Employer-Employee Survey Data", China Economic Journal, 10(1), 2017, 4-17 (with Wei Tian and Miaojie Yu)
"Capital Structure Premium in Multinational SOEs: Evidence from China", Review of Development Economics, 20(1), 2016, 283-293 (with Xun Zhang)

Working Papers

"Trade Costs beyond Iceberg and Quality Choices: Evidence and Implications", Nov 2018.
"Market Interdependence through Shared Suppliers: Theory and Evidence from China’s Textile and Clothing Exporters" (with Daisy Chen Sun), Oct 2018.
"China Quality Shock: Indonesian Firm Productivity under Global Quality Competition from China" (with Lili Yan Ing and Miaojie Yu), new draft coming soon.
"Road Infrastructure, Market Integration, and Productivity: Evidence from China's Manufacturing Sector" (with Ruochen Dai and Xun Zhang), Dec 2017.

Book Chapters

Ing, L. Y., Yu, M., & Zhang, R. (2018). The Evolution of Export Quality: China and Indonesia. In World Trade Evolution: Growth, Productivity, and Employment (pp. 261-302). Routledge.

Conferences and Presentations

2021European Meeting of Urban Economic Association, The University of Liverpool
2020Aarhus FIND Centre Online Workshop, Aarhus-Kiel Workshop
2019Beijing Normal University Business School, Aarhus-Kiel Workshop, Aarhus FIND Centre Workshop, ETSG (Bern), Danish International Economics Workshop (Aarhus), Hong Kong University Firm Dynamics Workshop, Beijing Normal University, Aarhus University, Antai College of Economics and Management at Shanghai Jiaotong University, SHUFE College of Business
2018UIBE School of International Trade and Economics, CUFE Young Economist Society Workshop, CCER International Economics Workshop, FREIT EIIT Conference (Purdue), ETSG (Warsaw), WEA International (Vancouver), FREIT RMET Conference (Ottawa), MEA Annual Meeting (Evanston), Yale Trade Lunch (x2)
Before 2018Yale Trade Lunch, CCER International Economics Workshop, Camphor Economist Circle Beijing Workshop, IEFS China Conference (Beijing), Ronald Coase Institute Workshop (Hong Kong), China Youth Economist Forum (Beijing), China Finance Review International Conference (Shanghai)


Firms in the Global Market Place (Bachelor): Fall 2019 (with Valerie Smeets), Fall 2020, Fall 2021
International Economics – International Trade Part (Master): Fall 2019, Fall 2020, Fall 2021
Tools for Empirical Economic Analysis and Consulting (Master): Spring 2021

Awards and Fellowships

Contemporary Economics Doctoral Innovation Project, National Economics Foundation, 2020
Distinguished Graduate in Beijing Municipality, 2019
Distinguished Graduate of Peking University, 2019
Best Graduate Student Paper (with Daisy Chen Sun), FREIT EIIT Conference, 2018
Top PhD Submission Award, FREIT RMET Conference, 2018