AcademicExperience

·        Chair, Department of Economics, School of Economics, Xiamen University,2013 –

·        Professor of Economics, Wang Yanan Institute for Study of Economics(WISE) & Department of Economics, School of Economics, Xiamen University,2011 –

·        Member of Editorial Board, ChinaEconomic Review, 2011 –

·        Faculty, the Ronald Coase Institute Workshops on Institutional Analysis,2009 –

·        Director of Asian StudiesProgram, Colgate University, 2010 –

·        Associate Professor,Department of Economics, Colgate University, 2007 –

·        Assistant Professor,Department of Economics, Colgate University, 2001 – 2007

·        Visiting Scholar, Center for Pacific BasinStudies, Federal Reserve Bank of San Francisco, 2007

·        Special-term Professor,School of Management, University of Electronic Science and Technology of China(UESTC), 2007 – 2010

·        Glenn Campbell andRita Ricardo-Campbell National Fellow, Hoover Institution,Stanford University, 2005-2006

ConsultingExperience

·        The World Bank, 2010 –

·        International Food Policy Research Institute,2007–2011

·        Kauffman EnitiativeProgram, Syracuse University, “China’sPrivate Entrepreneurs”, 2009–2011

TeachingExperience

·        Law and Economics, Xiamen University, 2012-2013

·        Intermediate Macroeconomics, WISE, Xiamen University, 2012

·        Principles of Macroeconomics, WISE, Xiamen University, 2011

·        CHIN 481:China in Transition, ColgateUniversity, Spring2011

·        CHIN 482:Topics on Chinese Culture, ColgateUniversity, Spring2011

·        ECON 420: Seminar in Law and Economics, ColgateUniversity, 2003-2009

·        ECON 320: Law and Economics, Colgate University,2002-2010

·        ECON 219: Economic Reform and Public Policy inContemporary China, Colgate University, 2005-2010

·        CORE 165: Core Culture---China, Colgate University, 2007-2009

·        ECON 302: Statistical Analysis for Economists,Colgate University, 2001-2004

·        ECON 508: Mathematics for Economists (Graduate),Washington University, 1999-2001

·        ECON 103: Principles of Economics (Micro),Washington University, Spring 1999

Education

·        Ph.D. in Economics, Washington Universityin Saint Louis,May 2001

·        M.A. in Economics, Washington Universityin Saint Louis,May 1998

·        M.A.in Economics, University of International Business and Economics, China, 1996

·        B.S.in Business & Engineering, Xi’an Jiaotong University, China, July 1993

Dissertation

“Three Essays on Monitoring and Corruption” (CommitteeChair: Marcus Berliant)

Research Interests

My researchinterests are in the areas of law and economics, economic development,institutional economics, and transition economics, with a focus on issuesrelated to China’s economic reform and transformation. Inparticular, I adopt the applied microeconomic approach to empirically explorethe patterns in China’s economic growth during the reform era, oftentimes usinglarge-scaled Chinese firm data sets. When needed, I also rely on cross-countrydata sets for comparative studies.

Previously I have studied law and regulation in theUnited States, corporate governance in Chinese listed firms, as well as effectsof foreign direct investment (FDI) on Chinese firms. My more recent work hasfocused on firm financing and industrial clustering in China, as well as theeffects of value added tax rebates on export volume and U.S. anti-dumpingduties’ impact on Chinese firms’ productivity. Currently I am working on threeclosely related research projects: (1) the evolution of law, regulation,politics, and other institutional arrangements in China during and prior to itseconomic reforms; (2) Chinese private entrepreneurs and their businessenvironment; and, (3) the effects of institutional innovations on firm growthand economic development in China.  

Research Grants

·        “Micro-foundations of industrial policy andChina's industrial transformation: a product space theory approach,” NSFC grant, 2013-2016.

Journal Publications (in English)

·        “Anti-dumping Duties andImpact on Exporters: Firm Level Evidence from China,” with Piyush Chandra. Forthcoming with World Development 2013, 51, pp. 169-186.

·        “VAT rebates and exportperformance in China: Firm-level evidence,”with Piyush Chandra. Journal of Public Economics2013, 102(1), pp. 13-22.

·        “Industry strategic variety and performance: The role of market andinstitutional forces in the Chinese industrial enterprises”, with Linghua Qin and Runtian Jing. Journal of Management Development 2013, 32(7), pp. 690 - 704.

·        “What do Revolving Door Laws do?” with MarcLaw. Journal of Law and Economics 2012, 55(2), pp. 421-436.

·        “Patterns of China’s Industrialization: Concentration, Specialization,and Clustering,” with Xiaobo Zhang. China Economic Review 2012, 23(3), pp.593-612.

·        “Control Modes and Outcomes of Transformed SOEs inChina: An Empirical Test,” with Jun Xia, Shaomin Li, and Justin Tan. Management andOrganization Review 2012, 8(2), pp.283-309.

·        “Revolving Door Laws andState Public Utility Commissioners,” with Marc Law. Regulation and Governance, 2011, 5(4),pp. 405-424.

·        “Did Foreign Direct Investment Put an UpwardPressure on Wages in China?” with Galina Hale. IMF Economic Review, 2011, 59(3), pp. 404-430.

·        “Cluster-Based Industrialization in China: Financing and Performance,”with Xiaobo Zhang. Journal of International Economics, 2011, 84(1), pp. 112-123.

·        “Tournaments and Managerial Incentives inChina’s Listed Firms: New Evidence” with Takao Kato. China Economic Review, 2011, 22(1), pp.1-10.

·        “Are there Productivity Spillovers fromForeign Direct Investment in China?” with Galina Hale.Pacific Economic Review. 2011, 16(2), pp. 135-153.

·        “Does the RightsHypothesis Apply to China?” with Journal of Law and Economics, 2010, November, 53(4), Lead Article.

·        “Foreign Direct Investment and Incentives to Innovate and Imitate” with Irene Brambilla and Galina Hale. Scandinavian Journal ofEconomics, 2009, December, 111(4), pp.835-861.

·        “The Transformation of Collectively Owned Enterprises and its Outcomes inChina,2001-2005” with Jun Xia and Shaomin Li. World Development, 2009, October, 37(10), pp. 1651-1662.

·        “CEO Turnover, FirmPerformance, and Enterprise Reform in China: Evidence from Micro Data,”with Takao Kato. Journal of Comparative Economics, 2006, 34, pp. 796-817.

·        “Executive Turnover and Firm Performance in China,”with Takao Kato. American Economic Review Papers and Proceedings, 2006, 96(2), 363-367.

·        “ExecutiveCompensation, Firm Performance, and Corporate Governance in China: Evidence from Firms Listed in the Shanghai andShenzhen Stock Exchanges,” with Takao Kato. EconomicDevelopment and Cultural Change,2006, 54(4), pp. 945-983.

·        “Salaries, Plea Rates,and the Career Objectives of Federal Prosecutors,” with Richard Boylan. Journal of Law and Economics, 2005, 48(2): pp. 627-651.

·        “A Classroom Exercise:Voting by Ballots and Feet,” with Roger Hewett, Charles A. Holt, Georgia Kosmopoulou, Christine Kymn, ShabnamMousavi, and Sudipta Sarangi. SouthernEconomic Journal, 2005, 72(1), pp. 253-263.

·        “Measuring PublicCorruption in the American States: A Survey of State House Reporters,” with Richard Boylan.State Policy and PoliticsQuarterly, 2003, 3(4), pp.420-438.

·        “Firm Size andMonitoring,” with Richard Boylan. EconomicsBulletin, 2003, 4(34), pp.1-5.

JournalPublications (in Chinese)

·        “Howdo Private Entrepreneurs’ Social Relational Capital Affect R&D Investment,”with Shuangying Chen and Runtian Jing. ManagementWorld (Guanli Shijie, in Chinese), 2010, January, pp. 88-98.

·        “Ownership Type and Chinese Private Firms’ Financing Costs” with YinjunLiu and Runtian Jing. Management Review(Guanli Pinglun, in Chinese), 2009,21(9), pp. 77-85.

OtherRefereed Publications

·        “Foreign Direct Investment in China: Winners and Losers” with Galina Hale. WorldScientific Publishing Co., 2012.

·        “If You Try, You’ll Get By: Chinese Private Firms’ Efficiency Gains fromOvercoming Financial Constraints,” with Galina Hale, Chapter 8 in The Evolving Role of China in Global Economy,2012, pp. 313-341, edited by Yin-Wong Cheung and Jakob de Haan, The MIT Press.

·        “What are Sources of Financing for Chinese Firms,” with Galina Hale, Chapter13 in The Evolving Role of Asia in GlobalFinance, 2011, pp. 313-341, edited by Yin-Wong Cheung, Vakas Kakkar, andGuonan Ma, Emerald Group Publishing Limited. (An earlier version appears in theHKIMR Working Paper Series.)

·        “Industrial Clusters and Firm Financing in China,” with Xiaobo Zhang(presented at the Association of Comparative Economics Society, January 2009), International Food Policy Research InstituteDiscussion Papers (IFPRI DP).

·        “Where to Find Positive Productivity Spilloversfrom FDI in China: Disaggregated Analysis,” with Galina Hale, Hirotaka, Miura,and Theodore Moran, HKIMR Working Paper Series.

·        “Negative Effects ofPersonal Bankruptcy on Home Owners: Lost Homes and Reduced Credit Access.” Conference Proceedings of the FederalReserve System’s 2005 Research Conference “Promises and Pitfalls.” 2005.

Papersunder Review

·        “Labor Regulation, Human Capital, and Economic Complexity: Using MicroData to Explain the China-India Gap,” with Wei Li and Lixin Colin Xu.

·        “Where to Find Positive Productivity Spilloversfrom FDI in China: Dynamics, Vertical Linkages, Sources of Foreign Capital, andIndustrial Specifics,” with Galina Hale and Theodore Moran

·        “Institutional Spillover Effects of FDI in China,”with Jing Zhang

·        “Industrial Diversification in China,” with Justin Yifu Lin and XiaoboZhang

·        “基于空间计量模型的我国县级ZF间税收竞争的实证分析”,与朱艳丽、蔡伟贤、李少民合作。

WorkingPapers

·        “Chinese Courts in Transition: Evolution, Causes, and Effects”

·        “Leadership Stability and Real Estate Development in China,” with SebastianGaliani, Nan Gao & Colin Xu  

·        “Why Don't Chinese Private Entrepreneurs Donate More?” with Jin Yang

·        “FDI Spillover Effects in Republican Era China,” with Li Yang

·        “Legal Local Protectionism in China: An Examination of Chinese SupremeCourt IP Cases,” with Jun Wang

·        “产业集群对企业履约和融资环境的影响”,与张晶、张晓波合作。

·        “省级行政区划造成的文化分割会影响区域经济吗？”,与高翔合作。

Researchin Progress

·        “A Patent Bubble in China?” with Jun Wang & Xiang Gao

·        “Economic Autonomy and City Growth in China,” with Yunsen Li

·        “Tax Competition among Chinese Counties,” with Weixian Cai and Yanli Zhu

·        “Regional Competition in Institutions,” with Yanli Zhu

·        “Colonial History and FDI in China,” with Li Yang

·        “区域隶属关系变动与经济绩效的关系—来自中国县级行政单位的证据”,与翁明明合作。

ConferencePresentations

·        First Annual International Workshop on the Economic Analysis ofInstitutions in Xiamen, May 2013, “Leadership Stability and Real EstateDevelopment in China”

·        China Law and Economics Forum Annual Meeting, May 2012, “Does the RightsHypothesis Apply to China?”

·        Chinese Institutional Economics Society Annual Meeting, October 2011, “FDIin China, Institutional Borrowing, and Bridging Chinese Institutional Studiesand Mainstream Economics”

·        American Law and Economics Association Annual Meeting, May 2011, “ChineseCourts in Transition: Evolution, Causes, and Effects”

·        Association of Comparative Economics Society Meeting, January 2011,“Chinese Courts in Transition: Evolution, Causes, and Effects”

·        Conference on Chinese Economy, Fu Dan University, December 2010, “VAT Export Tax Rebates and Chinese Exports”

·        National Bureau ofEconomic Research Working Group on China Meeting, October 2010

·        Conference on theIndustrial Structure of Production (organized by Ronald Coase and Ning Chen),Chicago, July 2010.

·        China Economics SummerInstitute, Tsinghua University, China, July2010

·        Chinese Economist SocietyAnnual Meeting, Xiamen, China, June 2010

·        National Bureau ofEconomic Research Working Group on China Meeting, October 2009

·        Panelist on the Second Annual Carl B. Menges Colloquium on PropertyRights, Alexander Hamilton Institute for the Study of Western Civilization,April-May 2009

·        Association of Comparative Economics Society, January 2009, “IndustrialClustering and Firm Financing”

·        National Bureau ofEconomic Research Working Group on China Meeting, October 2008, “Foreign Direct Investment and Incentives to Innovate and Imitate”

·        American Social ScienceAlliance Annual Meeting, January 2008, “Patterns of China’s Industrialization”

·        National Bureau ofEconomic Research Workshop on the Chinese Economy, October 2007, “Labor MarketImperfections and the Effects of FDI Presence in China”

·        Chinese Economist SocietyAnnual Meeting, Changsha, China, July 2007, “Does the Rights HypothesisApply to China?”

·        American Social Science Alliance Annual Meeting,January 2007, “Is There Evidence of FDISpillover on Chinese Firms’ Productivity?”

·        Stanford Institute for Theoretical Economicsand Stanford Centerfor Global Business and Economy conference “Emerging market firms' behavior:insights for finance and macroeconomics”, June 2006, “Firm Ownership and FDI Spillovers in China”

·        American Economic AssociationAnnual Meeting, January 2006, “CEO Turnover, Firm Performance, and Enterprise Reform in China: Evidence from Micro Data”

·        The InauguralAsia-Pacific Corporate Governance Conference, Hong Kong, August 2005, “CEOTurnover, Firm Performance, and EnterpriseReform in China: Evidence from Micro Data”

·        Federal Reserve System’s Research Conference, “Promises & Pitfalls:As Consumer Finance Options Multiply, Who is Being Served and at What Cost?”,April 2005, “Negative Effects of Bankruptcy for Home Owners: Reduced Access toCredit and Lost Option Value”

·        American EconomicAssociation Annual Meeting, January 2005, “Executive Compensation, Firm Performance, and Corporate Governance in China: Evidence from Firms Listed in the Shanghai andShenzhen Stock Exchanges”

·        Association of PublicEconomic Theory Annual Meeting, Beijing, China, August 2004, “Executive Compensation, Firm Performance, and State Ownership in China”

·        CeMENT: CSWEP NationalWorkshop at the Annual Convention of Applied Social Science Associations,January 2004, “Negative Effects ofBankruptcy for Home Owners: Reduced Access to Credit and Lost Option Value”

·        Southern EconomicAssociation Annual Meeting, November 2003, “Personal Bankruptcy and HomeOwnership”

·        Public Choice SocietyAnnual Meeting, March 2002, “Option Price and Option Value in ExplainingPersonal Bankruptcy Filing”

·        The 8th World Congress ofthe Econometric Society, August 2000, “Size, Monitoring and Plea Rate: AnExamination of United StatesAttorneys”

·        Western Economic AssociationAnnual Meeting, June 2000, “Size, Monitoring and Plea Rate: An Examination of United StatesAttorneys”

·        Public Choice SocietyAnnual Meeting, March 2000, “Size, Monitoring and Plea Rate: An Examination of United StatesAttorneys”

Conferencesand SessionsOrganized

·        First Annual International Workshop on the Economic Analysis ofInstitutions in Xiamen, May 2013

·        Session on “Law andDevelopment in China and Russia” (withWilliam Pyle), Associationof Comparative Economic Society Annual Meeting, January2011

·        Session on “IndustrialClusters and Economic Development,” Association of Comparative Economic SocietyAnnual Meeting, January 2009

·        Session on “EconomicAnalysis of Criminal Behavior and Prosecution,” Western Economic AssociationAnnual Meeting, June 2000

ConferenceSessions Proposed

·        Session on “Legal Reformsand Institutional Innovations in China,” American EconomicAssociation Annual Meeting, January 2008

ConferencesAttended

·        The Law Institute for Economists, July 2012

·        Brookings Trade Forum:Global Labor Markets? May 2007

·        IMF Conference on China, April2007

·        NBER Working Group on China Meeting,October 2006

·        Stanford Center on InternationalDevelopment Conference on Economic Challenges in Asia,June 2006

·        Stanford Center on International Development Conference on Trade Liberalization and its Consequences, May 2006

·        Stanford Center on InternationalDevelopment Conference on China,September 2005

·        “Towards a New Paradigmfor Developing Western China: Meeting the Challenges of Sustainable Developmentand Globalization,” Inaugural Conference of the Consortium for Western ChinaDevelopment Studies, Chengdu, Sichuan, China,June 2004

·        NBER UniversitiesResearch Conference, December 2002

·        NFS Workshop on ClassroomExperiments, May 2002

SeminarPresentations

·        National School of Development, Peking University, Beijing, China, April2013

·        Central University of Finance and Economics, Beijing, China, April 2012

·        University of International Business and Economics, Beijing, China, April2012

·        School of Economics, Peking University, May 2011

·        Cheung Kong Graduate School of Business, February 2011

·        School of Management and Economics, Shanghai Jiaotong University,December 2010

·        Wang Yanan Institute for Economic Study (WISE), Xiamen University,December 2010

·        Social Science Division Brown Bag Series, Colgate University, September2010, March 2005

·        Research Institute ofEconomics & Management, Southwestern University of Finance and Economics,  May 2010, March 2010

·        School of Management, Xi’an Jiaotong University, March 2010, December2009

·        School of Economics &Finance, Xi’an Jiaotong University,March 2010

·        China Center of Economic Research(CCER), Peking University, November 2009

·        School of Economics andManagement, Tsinghua University, November 2009

·        Department of Economics, Syracuse University, September2008

·        School of Economics and Management, University of Electronic Science andTechnology of China,July 2008

·        Center for Pacific BasinStudies, Federal Reserve Bank of San  Francisco, March 2007

·        Department of Economics, Universityof California at Santa Cruz, May 2006

·        Hoover Institution, Stanford University,April 2006

·        Department ofAgricultural and Resource Economics, Universityof California, Davis, April 2005

·        Department of Economics, Wesleyan University, October 2004

·        Department of Economics, Colgate University, September 2006, April 2005, October2003, January 2001

·        Department of Economics, University of Mississippi, March 2001

·        Department of Economics, California StateUniversity, Fullerton, January 2001

·        Department of Economics, Vanderbilt University, January 2001

·        Department of Economics,Finance and Legal Studies, Culverhouse Collegeof Commerce, University of Alabama,December 2000

·        Ada Harrison Fund Speaker Series, Carleton College, February 2000

·        Law and EconomicsSeminar, School of Law, Washington University, October 1999

RefereeReports

·        China Economic Review, 2012, 2011, 2010,2009, 2008

·        Corporate Governance: An International Review, 2011, 2010, 2009, 2008

·        Development Policy Review, 2013

·        Economic Development and Cultural Change, 2010, 2006

·        Economics and Politics, 2013, 2010

·        Economics of Transition, 2006, 2005

·        Emerging Markets Finance and Trade, 2007

·        India Journal of Economics andBusiness, 2005

·        International Review of Financial Analysis, 2013

·        Journal of Applied Economics, 2010

·        Journal of Asian Economics, 2010

·        Journal of Economic Behavior and Organization, 2013

·        Journal of Comparative Economics,2012, 2011, 2006

·        Journal of Corporate Finance, 2013

·        Journal of Development Economics,2013, 2012, 2011, 2010

·        Journal of Development Studies,2007

·        Journal of Economics and Business, 2011

·        Journal of Economics & Management Strategy, 2011

·        Journal of Economic Surveys, 2011

·        Journal of International Economics, 2009

·        Journal of Institutional Economics, 2013

·        Journal of Management Sciences in China(guanli kexuexuebao, in Chinese), 2003

·        Journal of Public Economic Theory,1999

·        Journal of Urban Economics, 2013

·        National Science Foundation Division of Social and Economic SciencesGrant Application Evaluation Report,2004,2002                        

·        National Science Foundation of China/ResearchGrants Council of Hong Kong, 2011, 2008

·        Oxford Bulletin of Economics and Statistics, 2010

·        Public Choice, 2000            

·        Research Council of Canada Division of Social Sciences and HumanitiesGrant Application Assessment Report,2003   

·        Review of Economics and Statistics,2011, 2008, 2007

·        Singapore Economic Review, 2010

·        Southern Economic Journal, 2005, 2004            

·        State Policy and Politics Quarterly, 2006

·        World Development, 2013