Concurrent Session A

(1:30-2:50 pm, June 10)

A1: Agricultural Economics I

Time: June 10, 1:30-2:50pm

Venue: Room B02

Chair: Hua Zhao (Nanjing University)

1.     “Research on the Measurement and Influence Factors of farmers' Financial Literacy--An Empirical Study Based on 908 Samples in Shaanxi Province”

Presenter: Xuesong He (Northwest Agriculture and Forestry University)

2.     “Estimating Market Power in China's Pork Supply Chain”

Presenter: Hao Lan (University of East Anglia)

3.     “Entrepreneurial Effect of Farmer's Financial Literacy: From the Perspective of Farmer's Differentiation”

Presenter: Lan Lan Su (Northwest Agricultural and Forestry University)

4.     “Can Large-scale Farmland Transfer Improve Agricultural Productivity? An Analysis Based on Survey Data of Lessee Operating Units”

Presenter: Lan Zhang (Nanjing Agricultural University)

A2: Financial Economics I

Time: June 10, 1:30-2:50pm

Venue: Room 109

Chair: Zhichao Yin (Capital University of Economics and Business)

1.     “Financial Development and Output Volatility Nexus: Industrial Heterogeneity Matters”

Presenter: Daxin Dong (University of Bonn)

2.     “Financial Development, Industrial Upgrading and across Middle Income”

Presenter: Shengzhi Mao (Southwestern University of Finance and Economics)

3.     “The Indirect Effect of Financial Outreach on Economic Growth through Deposits: Theory and Empirical Evidence from China”

Presenter: Yuchao Peng (Renmin University of China)

4.      “Financial Constraint, Internet Finance and Consumption”

Presenter: Zhichao Yin (Capital University of Economics and Business)

A3: Applied Time Series and Empirical Macroeconomics

Time: June 10, 1:30-2:50pm

Venue: Room 202

Organizer: Kwok Ping Tsang (Virginia Tech)

Chair: Yu-Fan Huang (Capital University of Economics and Business)

1.     “Asymmetric Business Cycles: Evidence from an Unobserved Component Model with Asymmetric Shocks”

Presenter: Sui Luo (Capital University of Economics and Business)

2.     “Global Housing Markets and Monetary Policy Spillovers: Evidence from OECD Countries”

Presenter: Jun Ma (University of Alabama and Northeastern University)

3.     “What Cycles? Data Detrending in DSGE Models”

Presenter: Kwok Ping Tsang (Virginia Tech)

4.     “Dynamic Responses of Real Output to Financial Spreads”

Presenter: Yu-Fan Huang (Capital University of Economics and Business)

A4: Economics of Education

Time: June 10, 1:30-2:50pm

Venue: Room 401

Chair: Guanzhong Wen (Trinity College)

1.     “Unpacking Teacher Professional Development: Evidence from a Randomized Evaluation of China's National Teacher Training Program”

Presenter: Chengfang Liu (Peking University)

2.     “Parental Education, Child Cognitive Ability and Health”

Presenter: Mengyun Lin (Peking University HSBC Business School)

3.     “The Long-Run Efficiency Consequence of Unfair School Matching: Evidence from China College Student Survey”

Presenter: Xiaolan Zhong (Tsinghua University)

4.     “The Effect of a College Admission Policy on High School Education in Poor Counties: Evidence from Gansu”

Presenter: Song Zhou (Texas A&M University)

A5: Experimental Economics

Time: June 10, 1:30-2:50pm

Venue: Room 402

Chair: Ge Jiang (Nanjing University)

1.     “In-group Bias in Prisons”

Presenter: Shiqi Guo (Graduate Institute of International and Development Studies, Geneva)

2.     “Improving Learning by Improving Vision: Evidence from Two Randomized Controlled Trials of Providing Vision Care in China”

Presenter: Xiaochen Ma (Peking University)

3.     “An Information-Update Experiment on Farmers' Willingness to Accept: Case of Poyang Lake Wetland Restoration”

Presenter: Xuan Wei (University of Florida)

4.     “Halo Effect, Cognitive Fluency, and Statistical Discrimination--Analyzing Grading Bias Caused by Handwriting Quality”

Presenter: Jianfeng Xu (University of Illinois Urbana-Champaign)

A6: Labor Economics

Time: June 10, 1:30-2:50pm

Venue: Room 602

Chair: Arianna Cowling (Reserve Bank of Australia)

1.     “The Role of Rising Income Inequality for Higher Saving Rates in China”

Presenter: Xinhua Gu (University of Macau)

2.     “The Effect of Religion on Earnings: Evidence from China”

Presenter: Sijia Liu (Southwest University for Nationalities)

3.     “The Impact of Union on Labor Income Share in China”

Presenter: Qiang Wen (Southwestern University of Finance and Economics)

4.     “Risk Sharing and Chinese Household’s Consumptions”

Presenter: Tong Zhang (Southwestern University of Finance and Economics)

5.     “The Implications of Income Inequality for Aggregate Consumption in China”

Presenter: Arianna Cowling (Reserve Bank of Australia)

A7: International Trade I

Time: June 10, 1:30-2:50pm

Venue Room 607

Chair: Jason Yin (Seaton Hall University)

1.     “Short-term and Long-term Margins of International Trade: Evidence from the Canada-Chile Free Trade Agreement”

Presenter: Zhiqi Chen (Carleton University)

2.     “Learning by Exporting: Intermediaries in International Trade”

Presenter: Qian Wang (Henan University)

3.     “Trade Liberalization, Export quality and Skill Wage Gaps: Theory and Evidence from Chinese Firms”

Presenter: Wenxiao Wang (Central University of Finance and Economics)

4.     “Product Firms, Heterogeneous Quality and Trade Pattern: Product-Level Evidence from the Movie Industry”

Presenter: Jing Yan (Central University of Finance and Economics)

5.     “The Conundrum of US-China Trade Relations and Game Theory”

Presenter: Michael Hamilton (Seton Hall University)

A8: A New Paradigm of the Northeast Asian Economic Cooperation

Time: June 10, 1:30-2:50pm

Venue: Room 1212

Organizer: The Northeast Asia Economic Association of Korea (NEAK)

Chair: Doowon Lee (Yeonsei University, President of NEAK)

1.     “Establishing Emission Trading System and Carbon Market in Northeast Asia”

Presenter: Jeongin Kim (Chung Ang University)

Discussant: Sangbaek Hyun (Korea Institute for International Economic Policy)

2.     “A Perspective for Northeast Asian Commodity Clearing House: Recent Developments in Northeast Asian Oil-hub Project”

Presenter: Hoon Paik (Chungang University)

Discussant: Shiyin Jiang (Nanjing Audit University)

3.     “An Empirical Evaluation of RMB Internationalization as Reserve and Investment Currency”

Presenter: Soojoong Nam (Kongju National University)

Discussant: Ding Lu (University of Fraser Valley)

A9: Political Economy I

Time: June 10, 1:30-2:50pm

Venue: Room 1203

Chair: Kiril Tochkov (Texas Christian University)

1.     “Party and State Economic Policy Documents and Economic Growth: a Granger-Causality Analysis”

Presenter: Max-Sebastian Dovi (Peking University)

2.     “New Normal and the Role of China in Impact Investments”

Presenter: Svetlana Gusarova (Lomonosov Moscow State University)

3.     “A General Equilibrium Analysis of the New Normal of Economic Growth in in China”

Presenter: Xiaohe Zhang (University of Newcastle)

4.     “China's One Belt One Road Initiative and Kazakhstan’s Integration in the Eurasian Economic Union”

Presenter: Kiril Tochkov (Texas Christian University)

A10: Real Estate Economics I

Time: June 10, 1:30-2:50pm

Venue: Room 1412

Chair: Baizhu Chen (University of Southern California)

1.     “What Determines China's Housing Price Dynamics? New Evidence from a DSGE-VAR”

Presenter: Chunping Liu (Nottingham Trent University)

2.     “Flippers' Sales and Market Mis-pricing: Evidences from the Singapore Private Housing Market”

Presenter: Yong Tu(National University of Singapore)

3.     “An Empirical Analysis of Housing Prices in China”

Presenter: Xiaocong Zhang (Xi’an Jiao tong-Liverpool University)

4.     “What Are the Side Effects of Housing Market Interventions: A 'Limits of Arbitrage' Approach”

Presenter: Yanjiang Zhang (National University of Singapore)

A11: Economic Analysis of Rural China I

Time: June 10, 1:30-2:50pm

Venue: Room 1312

Chair: Yongjun Chen (Renmin University of China)

1.     “Intergenerational Transmission of Human Capital: Perspective from Left-behind Children”

Presenter: Shuyu Fan (China Agricultural University)

2.     “Are the Rural Financial Reform Improve Financial Inclusion?”

Presenter: Xiugen Mo (Renmin University of China)

3.     “Educational and Nutritional Consequences of Education Subsidy in Rural China”

Presenter: Yiru Wang (State University of New York at Buffalo)

4.     “Product Cycle, Knowledge Capital and Comparative Advantage”

Presenter: Yuchen Shao (Nanjing University)

A12: Special Topics in Economics

Time: June 10, 1:30-2:50pm

Venue: Room 601

Chair: Yanling Wang (Carleton University)

1.      “The Implication of Subsistence Consumption for Economic Welfare”

Presenter: Yongheng Wen (Shanghai University of Finance and Economics)

2.     “Maximum Likelihood Estimation for Multivariate Diffusions via an Ito-Taylor Expansion Approach”

Presenter: Nian Yang (Nanjing University)

3.     “Corruption of Chinese Officials – under the Influence of Alienation of Boomerang Child”

Presenter: Dixin Zhang (Nanjing University)

4.     “Why Say Goodbye to Your Local Partners?”

Presenter: Yanling Wang (Carleton University)

Concurrent Session B

(3:00-4:20pm, June 10)

B1: Financial Economics II

Time: June 10, 3-4:20pm

Venue: Room B02

Chair: Jinlan Ni (University of Nebraska at Omaha)

1.     “Does Adversity Affect Long-Term Consumption and Financial Behaviour? Evidence from China's Rustication Programme”

Presenter: Yi Fan (National University of Singapore)

2.     “Meeting or Beat Analyst Forecasts in China: Stock Market Responses and Managerial Actions”

Presenter: Guqiang Luo (Australian National University)

3.     “Infrastructure, Urbanization, and Demand for Bank and Non-Bank Loans of Chinese Households”

Presenter: Angela Lyons (University of Illinois Urbana-Champaign)

4.     “Bank Efficiency and Regional Economic Growth: Evidence from China”

Presenter: Hong Zhuang (Indiana University South Bend)

B2: Resource and Environmental Economics

Time: June 10, 3-4:20pm

Venue: Room 109

Organizer: Henk Folmer (University of Groningen)

Chair: Chuan-Zhong Li (Uppsala University)

1.     “Effects of China's Resource Tax Reform on Industrial Profitability”

Presenter: Zhuqiong Shao (Fudan University)

2.     “Hedonic Method under Imperfect Competition”

Presenter: MinQiang Zhao (Xiamen University)

3.     “Urban Household Electricity Demand in China: Constituents and Determinants”

Presenter: Chuan-Zhong Li (Uppsala University)

B3: Public Finance

Time: June 10, 3-4:20pm

Venue: Room 202

Chair: Cheng Yuan (Nanjing University)

1.     “Optimal Property Tax under Purchase Restrictions of House Ownership”

Presenter: Xiaokuai Shao (Tsinghua University)

2.     “Income Inequality, Liquidity Constraints, and China's Aggregate Household Saving Rates”

Presenter: Yongzhi Sun (Texas A&M University)

3.     “What is behind China's Exceptionally High Saving Rate?”

Presenter: Yingfeng Xu (University of Alberta)

4.     “Automation and Inequality with Taxes and Transfers”

Presenter: Yixiao Zhou (Curtin University)

B4: Behavioral Economics

Time: June 10, 3-4:20pm

Venue: Room 401

Chair: Fangwen Lu (Renmin University of China)

1.     “Towards Behavioral Political Economy of Institutional Change: With Field Facts from China”

Presenter: Mei Wang (WHU-Otto Beisheim School of Management)

2.     “Price of Inequality: Will Inequality Erode Social Trust”

Presenter: Saier Wu (Nanjing University)

3.     “Asymmetric Social Learning Effects of (Dis)Honesty: Self-serving Bias in Updating Beliefs of the Social Norm”

Presenter: Wenbo Zou (Nankai University)

4.     “Attitudinal Consequences of Random Experience: Evidence from Beijing Car Lottery”

Presenter: Fangwen Lu (Renmin University of China)

B5: Family Economics and Labor Market Outcomes

Time: June 10, 3-4:20pm

Venue: Room 402

Organizer: Li Yu (Central University of Finance and Economics)

Chair: Li Yu (Central University of Finance and Economics)

1.     “Migration and Liquidity Constraints: Evidence from Randomized Credit Access in China”

Presenter: Shu Cai (Jinan University)

2.     “Are Spousal Labor Supplies Substitutes? Evidence from the Workweek Reduction Policy in China”

Presenter: Xinzheng Shi (Tsinghua University)

3.     “Family Support or Social Support? The Role of Culture”

Presenter: Chuanchuan Zhang (Central University of Finance and Economics)

4.     “How Does Premarital Check-up Matter to Infant Mortality Rate?”

Presenter: Guochang Zhao (Southwestern University of Finance and Economics)

B6: Food Consumption in the Life Cycle

Time: June 10, 3-4:20pm

Venue: Room 602

Organizer: Zhihao Zheng (China Agricultural University)

Chair: Junfei Bai (China Agricultural University)

1.     “Memory of Famine--Impacts of Childhood Experience of Food Shortage on Elderly Individuals' Consumer Behavior”

Presenter: Qihui Chen (China Agricultural University)

Discussant: Chen Zhu (China Agricultural University)

2.     “The Retirement-consumption Puzzle: A Theoretical and Empirical Revisiting based on Becker Model”

Presenter: Ming Yuan (China Agricultural University)

Discussant: Zhihao Zheng (China Agricultural University)

3.     “Do Improvements of Living Standards Lead to Growth of Obesity?--Evidence from Chinese Adults”

Presenter: Zhihao Zheng (China Agricultural University)

Discussant: Qihui Chen (China Agricultural University)

4.     “Marital Distance and Phenotypic Heterosis in Offspring: Evidence from China”

Presenter: Chen Zhu (China Agricultural University)

Discussant: Junfei Bai (China Agricultural University)

B7: Industrial Organization I

Time: June 10, 3-4:20pm

Venue: Room 607

Organizer: Qihong Liu (University of Oklahoma)

Chair: Jihui Chen (Illinois State University)

1.     “Industry Dynamics in the Chinese Manufacturing Sectors”

Presenter: Qihong Liu (University of Oklahoma)

2.     “Product Variety and Price Discrimination: An Empirical Analysis of the Chinese Airline Industry”

Presenter: Xin Xie (East Tennessee State University)

3.     “Product Repositioning and Competition”

Presenter: Wen Zhou (University of Hong Kong)

4.     “Bargaining Power, Market Structure, and Prices in Retail Pharmacy Markets”

Presenter: Jihui Chen (Illinois State University)

B8: International Economics I

Time: June 10, 3-4:20pm

Venue: Room1212

Chair: Heli Simola (Bank of Finland Institute for Economies in Transition)

1.     “Globalization and Inequality: New Evidence from China’s Regional Supply Chains”

Presenter: Chuantao Cui (Sichuan University)

2.     “Global Value Chain Embeddedness: The Paradox of Catch-up Firms in Learning and Captivity”

Presenter: Yue Lu (University of International Business and Economics)

3.     “Research on Measurement and Application of International Investment Competitiveness Indices”

Presenter: Kun Ma (Shenyang University of Chemical Technology)

4.     “Is China Climbing up the Value Chain?--Evidence from International Input-output Framework”

Presenter: Heli Simola (Bank of Finland Institute for Economies in Transition)

B9: Off-farm Employment and Family Welfare

Time: June 10, 3-4:20pm

Venue: Room 1203

Organizer: Yunli Bai (Chinese Academy of Sciences)

Chair: Chengfang Liu (Peking University)

1.     “Parental Off-farm Employment and the Educational Attainment of Their Children: Evidence from Rural China”

Presenter: Yongqing Dong (Chinese Academy of Sciences)

2.     “Education, Off-farm Employment and Marital Matching: Evidence from Rural China”

Presenter: Qijia Lv(Chinese Academy of Sciences)

3.     “The Positive Effect of the Family Planning Policy in China: A Comparison of Income and Education Attainment between Single-child and Non-single-child”

Presenter: Xu Tian (Nanjing Agricultural University)

4.     “House-purchase Behavior and Its Impact on Education and Business Investment in Rural China”

Presenter: Chunhui Ye (Zhejiang University)

5.     “Childbearing or Working?--Impact of Childbearing on the Interruption of Off-farm Employment among Women in Rural China”

Presenter: Biying Zhou (Chinese Academy of Sciences)

B10: China’s Rural Labor Markets: New Opportunities and Challenges

Time: June 10, 3-4:20pm

Venue: Room 1412

Organizer: Qiran Zhao (China Agricultural University)

Chair: Linxiu Zhang (Chinese Academy of Sciences)

1.     “Human Capital, Social Capital and Off-farm Employment in Rural China”

Presenter: Yunli Bai (Chinese Academy of Sciences)

Discussant: Weidong Wang (Chinese Academy of Sciences)

2.     “Changes of Returns to Education in Off-Farm Wage Employment: Evidence from Rural China”

Presenter: Weidong Wang (Chinese Academy of Sciences)

Discussant: Tonglong Zhang (South China Agricultural University)

3.     “Whether Labor Migration Would Inevitably Lead to Rural Household Land Transfer?--A Case Study of Sichuan Province, China”

Presenter: Shaoquan Liu (Chinese Academy of Sciences and Ministry of Water Conservancy)

Discussant: Yunli Bai (Chinese Academy of Sciences)

4.     “The Evolution of Rural Labor Market in China: 1998-2015”

Presenter: Tonglong Zhang (South China Agricultural University)

Discussant: Shaoquan Liu (Chinese Academy of Sciences and Ministry of Water Conservancy)

B11: Economics Analysis of Tourism

Time: June 10, 3-4:20pm

Venue: Room 1312

Chair: Wuyang Hu (University of Kentucky)

1.     “An Analysis of Travel Frequency Using Quantile Regression for Counts”

Presenter: Kang Liu (National Chung Cheng University)

2.     “Why Consumers Buy Tickets to the Tokyo Disney Resort Online?”

Presenter: Chia-Hung Sun (National Chung Cheng University)

3.     “Rising Discontent with Fast Growth in Casino Tourism: A Development Puzzle”

Presenter: Xiao Chang (University of Macau)

4.     “Creating a Home away from Home: the Effect of Defaulting and Nudging in Travelers' Choice of Hotel Rooms”

Presenter: Wuyang Hu (University of Kentucky)

B12: Economics of Transportation

Time: June 10, 3-4:20pm

Venue: Room601

Chair: Gene Chang (University of Toledo)

1.     “Traffic Density, Congestion Externalities and Urbanization in China”

Presenter: Feng Han (Nanjing Audit University)

2.     “The Impact of High-Speed Railway on Land Market Evidence from China”

Presenter: Shaoshuai Li (University of Macau)

3.     “Influencing Factors and Guiding Strategy of Low-carbon Transportation in China's YRDA”

Presenter: Huaping Sun (Jiangsu University)

4.     “Identification of A+B Procurement Contracting with an Application to California Highway Projects”

Presenter: Naibao Zhao (Texas A&M University)

Concurrent Session C

(4:30-5:50pm, June 10)

C1: Financial Economics III

Time: June 10, 4:30-5:50pm

Venue: Room B02

Chair: Dee Bruce Sun (California State University – Long Beach)

1.     “Shadow Banking and Investment: Evidence from Credit Intermediation of Non-Financial Firms in China”

Presenter: Vinh Q. T. Dang (Nanjing University of Finance and Economics)

2.     “How Does Corporate Social Responsibility Affect Stock Price Delay in China?”

Presenter: Yujing Gong (Zhongnan University of Economics and Law)

3.     “The Evolution of Shadow Banking System in Emerging Economies: The Role of Entrusted Loans in China's Capital Market”

Presenter: Mayank Gupta (Jindal School of Government and Public Policy)

4.     The Chinese way of Crowdfunding: Your Money Can Be Safer Here!”

Presenter: Sibin Wu (University of Texas-Rio Grande Valley)

C2: Environmental Economics

Time: June 10, 4:30-5:50pm

Venue: Room 109

Chair: Junming Zhu (Tsinghua University)

1.     “Environmental and Economic Consequences of Transport Infrastructure Improvement: Evidence from China and Explanatory Theory”

Presenter: Guojun He (Hong Kong University of Science and Technology)

2.     “Will China's Dash for Gas Halt in the Future?”

Presenter: Boying Li (Shanghai Jiao Tong University)

3.     “Environmental Regulation, Emissions and Productivity: Evidence from Chinese COD-emitting Manufacturers”

Presenter: Chuanhua Wang (University of International Business and Economics)

4.     “The Cost of a 'Blue Sky': The Impact of Environmental Regulation on Labor Demand in China”

Presenter: Mengdi Liu (Nanjing University)

C3: Economic History

Time: June 10, 4:30-5:50pm

Venue: Room 202

Chair: Bingtao Song (Henan University)

1.     “On the Long Term Health Impact of the Great China Famine 1959-1961”

Presenter: Baomin Dong (Henan University)

2.     “Where is the Beef?--Reverse Lend-Lease and Wartime Inflation in China”

Presenter: Yibei Guo (Henan University)

3.     “The Long Term Impact of the 1959-1961 Famine in China on Stock Holdings of Survivors”

Presenter: Xingjian Yi (Guangdong University of Foreign Studies)

4.     “The Legacy Effect of WWII Massacres on China's External Trade Patterns”

Presenter: Weidi Yuan (University of Geneva)

C4: Gender in Economics

Time: June 10, 4:30-5:50pm

Venue: Room 401

Chair: Jing Jiang (Nanjing University)

1.     “Occupational Segregation and Gender Pay Gap in Top Corporate Jobs in China”

Presenters: Yufei Ren and Lin Xiu (University of Minnesota at Duluth)

2.     “Do Women with More Children Work Less?--Evidence from China”

Presenter: Youhua Shu (Wuhan University of Technology)

3.     “Economics of Marriage, Divorce, Fake Divorce, and Remarriage in a Transitional Society: Quantitative Evidence from China”

Presenter: Qingbin Wang (University of Vermont)

4.     “Gender Imbalance and Son Preference in China”

Presenter: Yuejun Zhong (South China Normal University)

C5: Fiscal Federalism

Time: June 10, 4:30-5:50pm

Venue: Room 402

Chair: Yongjing Zhang (University of Ottawa)

1.     “Long-Term Capacity Excess, Local Governments' Strategies and Industrial Development Stages: Do Local Governments Drive Long-Term Capacity Excess?”

Presenter: Qiang Gong (Zhongnan University of Economics and Law)

2.     “Identifying the  'Visible Hand' in China's Land Pricing”

Presenter: Yong He (University of Clermont Auvergne)

3.     “Regional Favoritism: Evidence from China Central Financial Supervisors”

Presenter: Xianbin Wang (Jinan University)

4.     “"Wealth Effect" or "Seigniorage Effect"?: Research on the Relationship Between Fiscal Policy and Inflation Under Multi-Tiered Governments”

Presenter: Wenzhe Zhao (Central University of Finance and Economics)

C6: Growth and Development

Time: June 10, 4:30-5:50pm

Venue: Room 602

Chair: Ding Lu (University of the Fraser Valley)

1.     “Economic Development and Political Trust in China: A U-Shape Relationship”

Presenter: Zhenhua Su (Zhejiang University)

2.     “Structural Change and Industrial Linkages: A Perspective on China's Long-term Economic Growth”

Presenter: Roberto Alexandre Zanchetta Borghi (University of Campinas)

3.     “Financial Structure--Technical Level Coordination and Economic Growth”

Presenter: Fanqing Zeng (Jinan University)

4.     “Shifting Geographical Disparity of China's Household Incomes”

Presenter: Ding Lu (University of the Fraser Valley)

C7: Industrial Organization II

Time: June 10, 4:30-5:50pm

Venue: Room 607

Chair: Qiang Wu (Nanjing University)

1.     “Temperature and Industrial Output: Firm-level Evidence from China”

Presenter: Lu Yang (Southwestern University of Finance and Economics)

2.     “Imitation Trap and Catching-Up--A Benchmark Model Based on Horizontal Innovation Theory”

Presenter: Feng Wei (Heilongjiang University)

3.     “Measuring Input-specific Technical Efficiency based on Input Distance Function”

Presenter: Haoran Yang (Southwest University of Political and Law)

4.     “Private R&D Investment, Matching R&D Subsidy and Spill-over Degree of R&D Investment”

Presenter: Yang Zou (Nankai University)

C8: International Economics II

Time: June 10, 4:30-5:50pm

Venue: Room1212

Chair: Maoliang Bu (Nanjing University)

1.     “How Does China Contribute to the Economic Sophistication of Asian Economies?”

Presenter: Mary-Françoise Renard (University Clermont Auvergne)

2.     “First Fired, First Hired? Business Cycles and Immigrant Labor Market Transitions”

Presenter: Huanan Xu (Indiana University South Bend)

3.     “Modelling UN SDGs based on a Macroeconometric Model: The Case of China”

Presenter: Yanqun Zhang (Chinese Academy of Social Sciences)

4.     “Does Foreign Direct Investment Improve Energy Saving? Firm Level Evidence from China”

Presenter: Maoliang Bu (Nanjing University)

C9: Macroeconomics

Time: June 10, 4:30-5:50pm

Venue: Room 1203

Chair: Young Bin Ahn (Xi’an Jiaotong-Liverpool University)

1.     “Macroeconomic Data Revisions in China: A Comparative Analysis through Time and Space”

Presenter: Dimitriy Plekhanov (Institute for Complex Strategic Studies)

2.     “Is China Experiencing Secular Stagnation?”

Presenter: Abdol Soofi (University of Wisconsin-Platteville)

3.     “What Drives the Interbank and Exchange Repo Markets in China?”

Presenter: Xiaoqing Xu (Seton Hall University)

4.     “Assessing Macroeconomic Forecasts in South Asia: Evidence from the SPF Survey of India, Indonesia, and Singapore”

Presenter: Young Bin Ahn(Xi’an Jiaotong-Liverpool University)

C10: Political Economy II

Time: June 10, 4:30-5:50pm

Venue: Room 1412

Chair: Jie Shuai (Zhongnan University of Economics and Law)

1.     “Foreign Investment in Emerging Market with Heterogeneous Risk Aversion Agent and Choice of Project”

Presenter: Hewen Liu (University of Miami)

2.     “Crime and the Decline of State-Owned Enterprises”

Presenter: Chang Xue (Chinese University of Hong Kong)

3.     “Necessity Entrepreneurship: Evidence from Displaced Workers of the SOE Reform in China”

Presenter: Li Yu (Central University of Finance and Economics)

4.     “On Privatization of Public Firms: A Subsidiary Privatization Approach”

Presenter: Jie Shuai (Zhongnan University of Economics and Law)

C11: Economic Analysis of Rural China II

Time: June 10, 4:30-5:50pm

Venue: Room 1312

Chair: Zijun Luo (Sam Houston State University)

1.     “Social Disadvantage and Child Health among China's Rural-Urban Migrant Households”

Presenter: Carl Lin (Bucknell University)

2.     “Jobs or Amenities? Evidence from the Location Choices of Skilled Migrants In China”

Presenter: Yaqin Su (Hunan University)

3.     “Are Temporary Migrant Save More? A Distributional Decomposition Analysis of Chinese Rural Migrant Workers”

Presenter: Xingxiang Wen (Nanjing University of Finance and Economics)

4.     “Urban-rural Gap and Poverty Traps in China: A Prefecture Level Analysis”

Presenter: Jianxin Wu (Jinan University)

C12: Urban Economics I

Time: June 10, 4:30-5:50pm

Venue: Room601

Chair: Hong Liu (Central University of Finance and Economics)

1.     “Private Vehicle Ownership in Provincial China”

Presenter: Patrick McCarthy (Georgia Institute of Technology)

2.     “Fragile Foundation of Urbanization Policy in China: Evidence from Field Surveys 2006-2015”

Presenter: Lei Meng (Xiamen University)

3.     “The Spatial Misallocation of Capital and Labor in China: A Welfare Analysis Based on Urban Accounting”

Presenter: Shangming Yang (National University of Singapore)

4.     “Retirement Effects on Cognitive Abilities in Urban China: Does Retirement Age Make a Difference?”

Presenter: Hong Liu (Central University of Finance and Economics)

Concurrent Session D

(11am-12:20pm, June 11)

D1: Agricultural Economics II

Time: June 11, 11am-12:20pm

Venue: Room B02

Chair: Jian Han (Nanjing University)

1.     “How the Off-farm Employment Influent the Participation of the New Rural Social Pension Program in Rural China?”

Presenter: Fang Bian (University of Chinese Academy of Sciences)

2.     “Agricultural Reforms and Production in China: Changes in Provincial Production Function and Productivity in 1978-2015”

Presenter: Binlei Gong (Zhejiang University)

3.     “Social Security and Off-farm Employment: Evidence from Rural China”

Presenter: Yurou He (China Agricultural University)

4.     “Adjustment Costs of Credit Markets and Farm Production Efficiency: Based on the Comparison of Formal and Informal Credit Markets”

Presenter: Xingguang Li (Northwest Agricultural and Forestry University)

5.     “Chinese Consumer's Preference for Online Fresh Food Shopping”

Presenter: Holly Wang（China Academy of Agricultural Sciences and Purdue University）

D2: Financial Economics IV

Time: June 11, 11am-12:20pm

Venue: Room 109

Chair: Jack Hou (California State University, Long Beach)

1.     “Chinese Capital Accumulation”

Presenter: David Blair (China Daily)

2.     “Are US Investors Rational?--Evidence from Return Based and Sharpe Ratio Based Momentum Approach on AAII Portfolios”

Presenter: Wei Rowe (University of Nebraska at Omaha)

3.     “Limited Loan Rate Differentiation and the Determination of Loan Terms in the Chinese Commercial Credit Market”

Presenter: Wei Yin (Southeast University)

4.      “CEO/CFO Connectedness and Corporate Surplus Management”

 Presenter: Mengzhen Wu (Jinan University)

5.     “Cost Efficiency of Chinese Bank: Majority Ownership Analyses”

Presenter: Jack Hou (California State University, Long Beach)

D3: Corporate Finance

Time: June 11, 11am-12:20pm

Venue: Room 202

Chair: Michael Guo (Durham Business School)

1.     “Real Asset Liquidity and Corporate Innovation”

Presenter: Hongren Huang (National Central University)

2.     “Unobserved Ties between Corporate Executives and Mutual Fund Managers”

Presenter: Leng Ling (Georgia College & State University)

3.     “The Capital Market Consequences of Shareholders' Withholding Votes from Board of Directors' Elections”

Presenter: Xiaoyan Chen (University of Nebraska at Omaha)

4.     “Investors’ Activism and the Gains from Takeover Deals”

Presenter: Michael Guo (Durham Business School)

D4: Theoretical and Empirical Studies on Food Waste

Time: June 11, 11am-12:20pm

Venue: Room 401

Organizer: Holly Wang (China Academy of Agricultural Sciences and Purdue University)

Chair: Junfei Bai (China Agricultural University)

1.     “A Theoretical Model of Achieving Social-Optimal Household Food Waste through Government Intervention”

Presenter: Holly Wang (China Academy of Agricultural Sciences and Purdue University)

Discussant: Chardaye Bueckert (Tsinghua University)

2.     “Losing 'Face' or Losing Food: Dining Out Food Waste under Incomplete Information”

Presenter: Junfei Bai (China Agricultural University)

Discussant: Na Hao (Tsinghua University)

3.     “The Economics of Food Waste in China”

Presenter: Chardaye Bueckert (Tsinghua University)

Discussant: Holly Wang (China Academy of Agricultural Sciences and Purdue University)

4.     “Will Food Safety Concerns Lead to More Food Waste? Evidence from China”

Presenter: Na Hao (Beijing Technology and Business University)

Discussant: Junfei Bai

D5: Family Economics II

Time: June 11, 11am-12:20pm

Venue: Room 402

Chair: Lingguo Cheng (Shanghai University of Finance and Economics)

1.     “The Effect of Home Computer on Children's Cognitive Skills”

Presenter: Xuche Gong (Southwestern University of Finance and Economics)

2.     “Heterogeneous Preferences and Risk Sharing at Households Level in China”

Presenter: Xingjian Yi (Guangdong University of Foreign Studies)

3.     “Left-behind Grandparents and Left-behind Children--Is there a Within-household Income Transfer Mechanism?”

Presenter: Chunchen Pei (China Agricultural University)

4.     “Does the Marriage Abridge or Enlarge the Social Gaps between Different Social Groups?”

Presenter: Yao Tang (University of Nottingham)

D6: Health Economics

Time: June 11, 11am-12:20pm

Venue: Room 602

Chair: Zhiqiang Liu (State University of New York at Buffalo)

1.      “Does Educated People Pay Doctors More? Evidence from CHIP data”

Presenter: Dongxiao Niu (Peking University HSBC Business School)

2.     “Does A Hospital's Health Care Cost Depend on The Cost of The Nearby Hospitals? Neighborhood Influence and Hospital Competition”

Presenter: Lili Zhen (Sichuan University)

3.     “The Role of Early Childhood Starvation in the Relationship between Obesity and Depression”

Presenter: Qin Zhou (University of International Business and Economics)

4.     “Children's Education and Parental Health”

Presenter: Zhiqiang Liu (State University of New York at Buffalo)

D7: Economic Analysis of Rural China III

Time: June 11, 11am-12:20pm

Venue: Room 607

Chair: Tony Fang (Memorial University)

1.     “The First-Generation Migrant Workers' Pensions: The Current Situation and Its Impact on Consumption”

Presenter: Xiaoyue Liu (China Agricultural University)

2.     “Religion and Trust in Strangers among Rural-to-urban Migrants in China”

Presenter: Geng Niu (Southwestern University of Finance and Economics)

3.     “The Changes of Marriage Payment Pattern and Bargaining Power of off-Farm Women: Evidence from Rural China”

Presenter: Chengcheng Wang (China Agricultural University)

4.     “Education, Migration, and Urban-Rural Difference in Returns to Education”

Presenter: Xiliang Zhao (Xiamen University)

D8: Economic Analysis of Air Pollution

Time: June 11, 11am-12:20pm

Venue: Room1212

Chair: Bing Zhang (Nanjing University)

1.     “When the Wind Blows: Spatial Spillover Effects of Urban Air Pollution”

Presenter: Xiaoguang Chen (Southwestern University of Finance and Economics)

2.     “Happy Shopping under the Blue Sky”

Presenter: Yao Wang (Zhejiang University)

3.     “Conflict between Cleaner Air and Cooler Air? The Effects of Carbon Trading Experiment in Guangdong, China”

Presenter: Junming Zhu (Tsinghua University)

4.     “Uncertainty, Psychological Effects of Air Pollution: The Case of Willingness to Pay for Better Air Quality in Nanjing, China”

Presenter: Bing Zhang (Nanjing University)

D9: Real Estate Economics II

Time: June 11, 11am-12:20pm

Venue: Room 1203

Chair: Shunfeng Song (University of Nevada at Reno)

1.     “Economic Reform, Housing Wealth Inequality and Capital Market Investment: Evidence from China”

Presenter: Gangzhi Fan (Konkuk University)

2.     “Housing Boom, Real Estate Diversification, and Debt structure: Evidence from China”

Presenter: Jialin Huang (Southwestern University of Finance and Economics)

3.     “Valuation of Water Level: A Spatial Hedonic Analysis on Lakeshore Properties”

Presenter: Weiwei Liu (Texas Christian University)

4.     “How Housing Price Rising Affects Industrial Employment: Empirical Evidence Based on Product Tradability”

Presenter: Huadong Zhou (Hefei University of Technology)

D10: Economic Analysis of Renminbi (RMB)

Time: June 11, 11am-12:20pm

Venue: Room 1412

Chair: Hui Lin (Nanjing University)

1.     “Renminbi Exchange Rate Jumps and Policy News Announcements”

Presenter: Hui Chen (WHU-Otto Beisheim School of Management)

2.     “Projecting the RMB's Rise as an International Reserve Currency”

Presenter: Juann Hung (Xi’an Jiaotong-Liverpool University)

3.     “The Optimal Renminbi Exchange Rate Policy under Depreciation Anticipation”

Presenter: Mei Li (University of Guelph)

4.     “Evaluating Steven Cheung's RMB Targeting at the Price Level and Its Impact on the Asset Prices”

Presenter: Wen-Chyng Lou (National Taiwan University)

D11: Industrial Organization III

Time: June 11, 11am-12:20pm

Venue: Room 1312

Chair: Zijun Luo (Sam Houston State University)

1.     “Effect of Insider Bidders in Land Auctions: An Experimental Analysis”

Presenter: Youxin Hu (Southwestern University of Finance and Economics)

2.     “Endogenous Horizontal Product Differentiation in a Mixed Duopoly”

Presenter: Xinghe Wang (University of Missouri-Columbia)

3.     “Endogenous Spatial Price Discrimination with Elastic Demand”

Presenter: Xin Zhang (Zhongnan University of Economics and Law)

4.     “A Theory of Intra-Organizational Rivalry with Endogenous Strength”

Presenter: Zijun Luo (Sam Houston State University)

D12: Urban Economics II

Time: June 11, 11am-12:20pm

Venue: Room601

Chair: Qiang Geng (Nanjing University)

1.     “Efficiency Disparity of China's Resource-based Cities”

Presenter: Yang Fan (Southeast University)

2.     “City Size, Regional Market, and Firm Productivity for Manufacturing in China”

Presenter: Yi Niu (Capital University of Economics and Business)

3.     “What Drives the Growth of Manufacturing Industries in Chinese Cities? Evidence from Economic Census Microdata”

Presenter: Liang Zheng (Central University of Finance and Economics)

4.     “An Explanation of Economic Differentiation between Chinese Cities--An Empirical Analysis Based on Land Supply and Population Movement”

Presenter: Qiang Geng (Nanjing University)

D13: Monetary Policy

Time: June 11, 11am-12:20pm

Venue: Room 307

Chair: Qiang Gong (Zhongnan University of Economics and Law)

1.     “The Long-run Determinants of Indian Government Bond Yields”

Presenter: Tanweer Akram (Thrivent Financial)

2.     “Monetary Policy Instruments in China: A Comparison Between the Money Supply and Interest Rate”

Presenter: Yi Ding (University of New South Wales)

3.     “Price Level Targeting and Various Monetary Policies under Keynesian Animal Spirits”

Presenter: Kuo-chun Yeh (National Taiwan University)

4.     “Interest Rate Liberalization, Information Asymmetry and Prudential Regulation”

Presenter: Qiang Gong (Zhongnan University of Economics and Law)

D14: International Trade II

Time: June 11, 11am-12:20pm

Venue: Room406

Chair: Huaqing Wu (Hefei University of Technology)

1.     “Variable Demand and Variety Gains from Trade”

Presenter: Dahai Fu (Central University of Finance and Economics)

2.     “Export Upgrading and Technological Innovation Nexus: Evidence from China's Manufacturing Industries”

Presenter: Abdul Rauf (Wuhan University)

3.     “Policy Effect on Structural Change: A Case of Chinese Intermediate Goods Trade”

Presenter: Nimesh Salike (Xi’an Jiao tong-Liverpool University)

4.     “Trade Policy, Domestic Sales and Export Margins”

Presenter: Huaqing Wu (Hefei University of Technology)

Policy Forum

Policy Forum I, “Health Care Economics”

Time: June 10, 1:30pm-3:30pm

Venue: Room 610

Chair: Qiang Geng (Nanjing University)

1.     “Policy Options on High Priced Drugs”

Lizheng Shi (Tulane University)

2.     “Federal Regulatory Impact Analysis: Process and Debates”

Zhuo Chen (University of Nottingham, Ningbo China)

Policy Forum II, “One Belt One Road, Industrialization, and Urbanization”

Time: June 11, 1:30pm-3:30pm

Venue: Room 610

Chair: Qihong Liu (University of Oklahoma)

1.     “Economic Logic of the ‘Belt and Road’ Initiative “

Yongjun Chen (Renmin University)

2.     “Industrial Policy and Trade Barriers”

Ding Lu (University of Fraser Valley)

3.     “How Does China's Current Land System Mislead Its Urbanization”

Guanzhong Wen (Trinity College)

4.     “Demographics and Labor Market in China”

Dee Bruce Sun (California State University – Long Beach)