in search of new sources of growth: what china should do next?
TRANSCRIPT
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The 28th Annual Conference of the Chinese Economics Society Australia (CESA)
In Search of New Sources of Growth: What
China Should Do Next?
James Cook University, Cairns Campus
Cairns, Australia, 17-19 July 2016
Organized by: Chinese Economics Society Australia
College of Business Law and Governance, Division of Tropical Environments and Societies, James Cook University
The Cairns Institute, James Cook University
With support from: Advance Cairns
Australian Trade Commission (Austrade)
Cairns Chamber of Commerce
China Update, Australian National University
The Education Office of Chinese Embassy in Australia
Tourism Tropical North Queensland
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Local Organising Committee:
Dr Hongbo Liu, James Cook University
Prof Stewart Lockie, James Cook University
Prof David Low, James Cook University
Ms Janie Edwards, James Cook University
Ms Jennifer McHugh, James Cook University
Prof Philip Pearce, James Cook University
Prof Natalie Stoeckl, James Cook University
Dr Sizhong Sun, James Cook University
Prof Zhangyue Zhou, James Cook University
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Contents Introduction of CESA ............................................................................................................................... 5
Introduction of College of Business, Law and Governance .................................................................... 6
Introduction of the Cairns Institute ........................................................................................................ 7
Information for Participants ................................................................................................................... 8
Conference Program Outline .................................................................................................................. 9
Keynote Speakers .................................................................................................................................. 12
Tourism Forum Speakers ...................................................................................................................... 12
Policy Forum Speakers .......................................................................................................................... 13
Concurrent Sessions .............................................................................................................................. 14
List of Conference Participants ............................................................................................................. 25
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Introduction of CESA The Chinese Economics Society Australia (CESA) is a non-profit and non-partisan organization, which
aims at promoting research and exchange activities related to the Chinese economy. More
specifically, its objectives are to:
Encourage and stimulate constructive inquiries, exchange and discussion on China’s growth
and development;
Promote and disseminate research work related to China’s economy and business
development; and
Provide a venue for post-graduate students to present and discuss their work.
CESA strives to become a leading research network of the Chinese economy in the Asia Pacific region.
It maintains close relationships with other professional associations that have similar objectives.
The Society was initiated as the Association for Chinese Economic Studies, Australia (ACESA) in 1987
at the Australian National University in Canberra under the leadership of Dr Yongzheng Yang and Dr
Shujuan Lin, with the support of enthusiastic scholars specialising in the Chinese economy including
Chunlai Chen, Enjiang Cheng, Ross Garnaut, Jane Golley, Yiping Huang, Ligang Song, Guanghua Wan,
Mei Wen, Harry Wu, Yanrui Wu, Xiaoguang Zhang and Zhangyue Zhou.
The Society is run by the Executive Committee within the general policy guidelines set by the Council
of Management and the Constitution. The current Executive Committee members are: Dr Sizhong
Sun, President (James Cook University); Dr Annie Wei, Secretary (Australian National University) and
Dr James Cheong, Treasurer (Hang Seng Management College).
The Society is physically hosted at:
China Economy Program, Crawford School of Public Policy,
Australian National University
JG Crawford Bldg, Acton ACT 2601, Australia
CESA’s annual conference rotates amongst its member universities in Australia, attracting delegates
from around the world. A number of conference proceedings and publications have been generated
from contributions to the conferences.
CESA maintains an official website (http://www.ces-aus.org/) and an emailing list
([email protected]), which are available for use by all members.
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Introduction of College of Business, Law
and Governance The College of Business, Law and Governance (CBLG) is part of the Division of Tropical Environments
and Societies and delivers a range of courses in Cairns, Singapore, Townsville and Brisbane*. It is led
by the Dean, Professor David Low, and promotes, fosters, supports and administers quality teaching
and research across four key areas:
Law
Business
Information Technology
Conflict Management and Resolution
Formed in 2014 to provide new opportunities and collaborations for both education and research, a
primary focus of the College is ethics, sustainability and governance, as well as an understanding of
complex business systems. The courses offered by the College equip future leaders with life-long
skills that have practical applications in the workplace, and are designed with a variety of options to
facilitate lifestyle and work commitments, whether it be studying online or on campus, or on a full or
part time basis.
The College’s multi-campus locations and world-class academics bring an international perspective
to its teaching and research. Leading-edge postgraduate study areas reflect global industry needs
and include international business, sustainable practice, creativity and innovation, political science,
and information technology.
More details of CBLG can be found at: https://www.jcu.edu.au/college-of-business-law-and-
governance.
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Introduction of the Cairns Institute Around half of the world’s population—some three billion people—and 80 per cent of the planet’s
animal and plant species live in the tropics. From economic and educational deprivation to disease,
loss of culture and the impacts of climate change, the social, economic and environmental
challenges facing the tropical zones of northern Australia and the world are immense.
The Cairns Institute’s location in tropical North Queensland and close proximity to neighbouring
countries in the Pacific and Southeast Asia places it at the epicentre of economic, environmental and
cultural change. In this most dynamic of regions, the Institute is committed to understanding and
informing the critical processes of transformation that will shape communities’ and environments’
future wellbeing.
Bringing together the expertise and intellectual resources of more than 20 disciplines in the
humanities and social sciences, The Cairns Institute is a uniquely robust and vibrant hub of research,
capacity building and public debate in the tropics, for the tropics.
The Cairns Institute welcomes national and international scholars, policy specialists, consultants and
trainees, providing facilities and infrastructure for excellence and innovation.
The Institute offers:
Pure and applied research
Consulting and contract research
Research training
Professional development
Conferences and seminars
Education and scholarship
More details of the Cairns Institute can be found at: http://www.cairnsinstitute.jcu.edu.au/.
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Information for Participants Cairns Taxi:
http://www.cairnstaxis.com.au/
Phone: 131008
Policelink:
https://www.police.qld.gov.au/programs/policelink/
If a crime is happening, call Triple Zero (000)
If not, you can call Policelink at 131 444
Parking:
Free parking is available at the Cairns Institute:
Tourism:
Tourism Tropical North Queensland: http://www.ttnq.org.au/
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Conference Program Outline
17-19 July 2016, James Cook University, Cairns, Australia
17 July (Sunday)
16:00 - 17:00 Conference Registration Rydges Tradewinds Cairns
17:00 - 18:00 Welcome Reception Rydges Tradewinds Cairns
18 July (Monday)
08:00 - 08:30 Conference Registration Foyer, The Cairns Institute
08:30 - 09:10 Opening Ceremony Lecture Theatre, The Cairns Institute
Welcome by Traditional owner Robyn McGuiggan, Deputy Vice Chancellor and Professor, Division of Global Strategy and Engagement, James Cook University The Honourable Curtis Pitt MP, Treasurer, Queensland Government Xu Xiao, Minister Counsellor, Education Office of Chinese Embassy in Australia Sizhong Sun, President of Chinese Economics Society Australia Chair: David Low, Dean and Professor, College of Business, Law and Governance, Division of Tropical Environments and Societies, James Cook University
09:10 - 10:00 Keynote Address 1 Lecture Theatre, The Cairns Institute
Luigi Pistaferri, Professor of Economics, Stanford University Consumption Inequality Introduced by: Sizhong Sun, President of CESA
10:00 - 10:15 Photo Session The Cairns Institute
10:15 - 10:30 Morning Tea Foyer, The Cairns Institute
10:30 - 12:00 Concurrent Sessions
Concurrent session 1 D3:063
Concurrent session 2 D3:059
Concurrent session 3 D3:144
Concurrent session 4 D3:149
12:00 - 13:00 Networking Lunch Foyer, The Cairns Institute
13:00 - 14:30 Concurrent Sessions
Concurrent session 5 D3:063
Concurrent session 6 D3:059
Concurrent session 7 D3:144
Concurrent session 8 D3:149
14:30 - 14:45 Afternoon Tea Foyer, The Cairns Institute
14:45 - 16:15 Concurrent Sessions
Concurrent session 9 D3:063
Concurrent session 10 D3:059
Concurrent session 11 D3:144
Concurrent session 12 D3:149
16:15 - 16:25 CESA Annual General Meeting Lecture Theatre, The Cairns Institute
Election of the CESA Executive Committee Announcement of the 29th CESA Annual Conference
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16:25 - 17:15 Keynote Address 2 Lecture Theatre
Wing Thye Woo, Professor of Economics, University of California, Davis The Necessary Demand-Side Supplement to China’s Supply-Side Structural Reform: Termination of the Soft Budget Constraint Introduced by: Yanrui Wu, Professor, University of Western Australia
18:30 - 20:30 Conference Dinner Rydges Tradewinds Cairns
In-dinner speech: Dr Bing Zhao, Managing Director of BAZO Capital Advisor Ltd. Announcement of best paper awards for PhD students: Xu Xiao, Minister Counsellor, Education Office of Chinese Embassy in Australia Master of Ceremony: TBC
19 July (Tuesday)
09:00 - 09:50 Keynote Address 3 Lecture Theatre, The Cairns Institute
Hanming Fang, Professor of Economics, University of Pennsylvania Political Factions, Local Accountability and Economic Performance: Evidence from Fujian Province Introduced by: Hongbo Liu, Senior Lecturer, College of Business, Law and Governance, Division of Tropical Environments and Societies, James Cook University
09:50 - 10:00 CAER Information Session Lecture Theatre, The Cairns Institute
Baozhong Su, Associate Professor, Editorial Coordinator, China Agricultural Economic Review
10:00 - 10:15 Morning Tea Foyer, The Cairns Institute
10:15 - 11:45 Concurrent Sessions
Concurrent session 13 D3:063
Concurrent session 14 D3:059
Concurrent session 15 D3:144
Concurrent session 16 D3:149
11:45 - 13:00 Networking Lunch Foyer, The Cairns Institute
13:00 - 14:30 Concurrent Sessions
Concurrent session 17 D3:063
Concurrent session 18 D3:059
Concurrent session 19 D3:144
Concurrent session 20 D3:149
13:00 - 15:00 Tourism Forum Lecture Theatre, The Cairns Institute
Speakers: George Y Chen, Principal Analyst and Manager of National Tourism Forecasts, Tourism Research Australia, Austrade Songshan (Sam) Huang, Associate Professor in Tourism Management, the University of South Australia Philip L. Pearce, Foundation Professor of Tourism and Distinguished Professor, James Cook University Chair: Philip L. Pearce, Foundation Professor of Tourism and Distinguished Professor, JCU
15:00 - 15:30 Afternoon Tea Foyer, The Cairns Institute
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15:30 - 17:30 Policy Forum Lecture Theatre, The Cairns Institute
Speakers: Fuqian Fang, Professor of Economics, Renmin University of China Iain Gordon, Deputy Vice-Chancellor and Professor, Division of Tropical Environment and Societies, James Cook University Steven Kates, Associate Professor of Economics, RMIT University Chris Legg, Chief Adviser in the Macroeconomic Group, The Treasury Jammie Penm, Chief Commodity Analyst and Assistant Secretary, Agricultural Commodities and Trade Branch, Australian Bureau of Agricultural and Resource Economics and Sciences Wing Thye Woo, Professor of Economics, UC Davis Chair: Iain Gordon, DVC and Professor, DTES, JCU
17:30 - 17:35 Closing Session Lecture Theatre, The Cairns Institute
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Keynote Speakers
Hanming Fang
Luigi Pistaferri
Wing Thye Woo
Hanming Fang is Class of 1965 Term Professor of Economics at the University of Pennsylvania and a Research Associate at the National Bureau of Economic Research (NBER) where he is currently also the Acting Director of its Chinese Economy Working Group. Holding a PhD in Economics from the University of Pennsylvania in 2000, Professor Fang is an applied microeconomist with broad theoretical and empirical interests focusing on public economics. He has served as associate editor or co-editor for numerous journals in economics, and currently serves as a co-editor of the International Economic Review.
Luigi Pistaferri is a Professor of Economics
at Stanford University, a research fellow of
NBER, CEPR and IZA, the "Ralph Landau"
Senior Fellow at SIEPR, and one of the co-
editors of the American Economic Review.
His papers are on the intersection between
labour economics and macroeconomics.
Pistaferri holds a PhD in Economics from
University College, London, and a Doctorate
in Economic Sciences from IUN in Naples
(Italy), where he was born in 1968. Pistaferri
joined Stanford University in 1999 after
finishing his PhD and has been a member of
the faculty ever since, with the exception of
one year sabbatical spent at EIEF in Rome.
Wing Thye Woo is Professor at the
University of California at Davis. He also
plays a key role in several other institutions
such as the Jeffrey Cheah Institute on
Southeast Asia in Kuala Lumpur, the East
Asian Program at Columbia University. His
current research focuses on
macroeconomic management of open
economies and on China’s growth
challenges. Prof Woo has also served many
other key roles at various national and
international bodies such as special advisors
to the U.S. Treasury, the United Nations, the
Prime Minister of Malaysia. Currently he is
the President of the US Chinese Economists
Society.
Tourism Forum Speakers
George Y Chen
Songshan (Sam) Huang
Philip L. Pearce
Dr George Y Chen is Principal Analyst and Manager of National Tourism Forecasts, Tourism Research Australia (TRA), Austrade. His team produces forecasts on Australia’s inbound, outbound and domestic tourism. Prior to the current role, he worked as an economist and policy adviser across various Australian Government departments including the Department of Industry and the Treasury. Before coming to Australia, he was a research economist at the Chinese Ministry of Foreign Trade and Economic Cooperation in Beijing.
Dr Songshan (Sam) Huang is Associate
Professor in Tourism Management at the
University of South Australia. His research
focuses on tourism and hospitality and
China-Australia business and trade
relations, including tourist behaviour,
destination marketing, tour guiding and
interpretation, and Chinese outbound
tourism to Australia. He has recently
completed a book on Tourism in China
(2015) with Channel View Press in Bristol,
UK.
Professor Philip L. Pearce is the Foundation
Professor of Tourism and a Distinguished
Professor at James Cook University. His
research interests are new tourism markets
and the behaviour of tourists. He has spent
considerable time in Asia and especially
China as a Visiting Professor at Zhejiang
University in Hangzhou. He has completed
numerous studies on Chinese outbound
tourists and has recently finished co-editing
a book The World Meets Asian Tourists.
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Policy Forum Speakers
Fuqian Fang
Iain Gordon
Chris Legg
Fuqian Fang is Professor of Economics at
the School of Economics, Renmin University
of China. Currently he is the Vice President
of the China Research Association of
Foreign Economic Theories,
President of the Beijing Research
Association of Foreign Economic Theories.
His main research interest is on
macroeconomic theory and policy. He is the
Chief Editor of Economic Theory and
Business Management.
Iain Gordon is Professor and the Deputy
Vice-Chancellor, Division of Tropical
Environments and Societies at James Cook
University (JCU). He has a genuine passion
and commitment for sustainable
development. Prior to JCU, he led the
James Hutton Institute (Scotland), focusing
on evidence based solutions for the use of
land for agriculture whilst maintaining
natural resources and ecosystems. He
worked with CSIRO from 2003 – 2010,
where he led the Davies Laboratory and
helped establish the Australian Tropical
Science Innovation Precinct (ATSIP) at JCU
in Townsville. Professor Gordon has also
been working on issues concerning
sustainable development in China.
Chris Legg is Treasury’s Chief Adviser
responsible for monitoring developments in
China and their implications for Australia.
He represents Australia, New Zealand,
Singapore and Vietnam on the Board of
Asian Infrastructure Investment Bank. He
has had extensive experience in the
Treasury and at ONA, the World Bank and
the IMF on international economics, foreign
investment, the financial system, national
security, and infrastructure. In 2014, the DC
based Woodrow Wilson Center for Public
Scholars published his book, International
Cooperation in a Time of Transition: The
IMF, G20 and the Global Financial Crisis.
Steven Kates
Jammie Penm
Wing Thye Woo
Steven Kates is Associate Professor of
Economics at RMIT University in
Melbourne. Most of his career was,
however, spent as the Chief Economist of
Australia’s national employers’ association.
His major interest is in the classical theory
of the cycle. His Free Market Economics is
John Stuart Mill’s 1848 Principles of Political
Economy re-written for the twenty-first
century.
Jammie Penm is Chief Commodity Analyst
and Assistant Secretary, Agricultural
Commodities and Trade Branch at
Australian Bureau of Agricultural and
Resource Economics and Sciences
(ABARES). His professional expertise and
achievements revolve around commodity
analysis and economic research important
to Australia’s primary industries. He has
been on numerous trips to China over the
past years, contributing to the conclusion of
the Australia-China Free Trade Agreement.
Before joining the ABARES, Jammie worked
at former Industries Assistance
Commission. He has a PhD in econometrics
from the Australian National University.
Wing Thye Woo is Professor at the
University of California at Davis. He also
plays a key role in several other institutions
such as the Jeffrey Cheah Institute on
Southeast Asia in Kuala Lumpur, the East
Asian Program at Columbia University. His
current research focuses on
macroeconomic management of open
economies and on China’s growth
challenges. Prof Woo has also served many
other key roles at various national and
international bodies such as special
advisors to the U.S. Treasury, the United
Nations, the Prime Minister of Malaysia.
Currently he is the President of the US
Chinese Economists Society.
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Concurrent Sessions 15 minutes for each speaker followed by 5 minutes’ discussion, with open discussion at the end of
the session. In each session, the next speaker discusses the paper of current speaker, with the first
speaker discussing the last paper.
Session Number 1: Macroeconomy
Venue: Room D3:063
Time: 10:30 - 12:00 Monday 18 July
Chair: Xunpeng Shi, National University of Singapore
A Rebalancing Chinese Economy: Challenges and International Implications
Guonan Ma, Bruegel
Ivan Roberts, Reserve Bank of Australia
Gerard Kelly, Reserve Bank of Australia
Discussant: James Laurenceson, University of Technology Sydney
China’s Debt Challenge: Stylised Facts, Drivers and Policy Implications
Guonan Ma, Bruegel
James Laurenceson, University of Technology Sydney
Discussant: Yujiang Bi, Shanghai Lixin University of Commerce
US Monetary Policy Shocks and the Chinese Economy: A GVAR Approach
Yujiang Bi, Shanghai Lixin University of Commerce
Sajid Anwar, University of Sunshine Coast
Discussant: Deyong Zhang, Chinese Academy of Social Sciences
Evaluation of Fiscal Management Reform in China since 1994
Deyong Zhang, Chinese Academy of Social Sciences
Discussant: Ivan Roberts, Reserve Bank of Australia
Session Number 2: Firm Behaviours
Venue: Room D3:059
Time: 10:30 - 12:00 Monday 18 July
Chair: Guiying Laura Wu, Nanyang Technological University
Outward FDI and Domestic Input Distortions: Evidence from Chinese Firms
Cheng Chen, University of Hong Kong
Wei Tian, University of International Business and Economics
Miaojie Yu, Peking University
Discussant: Junjie Xia, University of Southern California
Trade Credit, Financing Structure and Growth – Theory and Evidence
Junjie Xia, University of Southern California
Discussant: Qingyuan Du, Monash University
Importer Heterogeneity and Exchange Rate Pass-through
Mi Dai, Beijing Normal University
Qingyuan Du, Monash University
Yaqi Wang, Central University of Finance and Economics
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Jianwei Xu, Beijing Normal University
Discussant: Liangfeng Hao, Southeast University
Product Innovation, Heterogeneous Productivity and the Dual Margins of Chinese Exporting Firms
Liangfeng Hao, Southeast University
Bin Qiu, Southeast University
Xu Chen, Southeast University
Shaoqin Sun, Nanjing University of Information Science and Technology
Discussant: Miaojie Yu, Peking University
Session Number 3: Productivity, R&D and Innovation
Venue: Room D3:144
Time: 10:30 - 12:00 Monday 18 July
Chair: Dahai Fu, Central University of Finance and Economics
Productivity, Efficiency and Technical Change Directions of China’s Grain Production: Application of
the Bias-corrected Malmquist Indices
Tian-xiang Li, Nanjing Agricultural University
Tomas Balezentis, Lithuanian Institute of Agrarian Economics
Li-juan Cao, Nanjing Agricultural University
Jing Zhu, Nanjing Agricultural University
Wu-sheng Yu, University of Copenhagen
Discussant: Jian Chen, Southeast University
Import Technological Spillover, Correlation Effect and its Influence on Improving China Industrial
Productivity - An Analysis Based on Structural Decomposition
Jian Chen, Southeast University
Discussant: Xing Shi, University of Western Australia
Evolution of Product-embodied R&D in China
Xing Shi, University of Western Australia
Yanrui Wu, University of Western Australia
Discussant: Zhifeng Wang, Nanyang Technological University
The Evolution and Distribution of Productivity of Chinese Manufacturing
Guiying Laura Wu, Nanyang Technological University
Qu Feng, Nanyang Technological University
Zhifeng Wang, Nanyang Technological University
Discussant: Tian-xiang Li, Nanjing Agricultural University
Session Number 4: Agricultural Economics
Venue: Room D3:149
Time: 10:30 - 12:00 Monday 18 July
Chair: Komla Tsey, James Cook University
The Spatial and Temporal Impact of Climate Factors on Oilseed Rape Yield in China
Yaqin He, Huazhong Agricultural University
Revell J.Brian, Harper Adams University
Bofeng Leng, Huazhong Agricultural University
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Zhongchao Feng, Huazhong Agricultural University
Discussant: Hua Lu, Nanjing Agricultural University
Land Fragmentation, Plot Size and Efficiency of Agricultural Production — Based on an empirical
analysis of survey data in Jiangsu Province, China
Hua Lu, Nanjing Agricultural University
Hao Hu, Nanjing Agricultural University
Discussant: Ying Wang, Nanjing Agricultural University
Does the Development of Outsourcing Market Promote the Farmer's Consumption for Agricultural
Outsourcing Service?
Ying Wang, Nanjing Agricultural University
Jin-tao Zhan, Nanjing Agricultural University
Discussant: Yaqin He, Huazhong Agricultural University
Session Number 5: Economic Growth and Development
Venue: D3:063
Time: 13:00 - 14:30 Monday 18 July
Chair: Taha Chaiechi, James Cook University
Avoiding Development Traps
Hao Ren, Tsinghua University
Discussant: Jiawei Mo, University of Hong Kong
From Manufacturing to Land Financing: China’s New Growth Model?
Jiawei Mo, University of Hong Kong
Shiyuan Chen, University of Hong Kong
Discussant: Meng Qin, Southeast University
Impact of Urban Sprawl on Regional Economic Growth: Evidence based on DMSP Night-time Light
Data
Meng Qin, Southeast University
Xiuyan Liu, Southeast University
Discussant: Zongyue He, Beijing Normal University
China's Economic Development and Its Stage Characteristics
Zongyue He, Beijing Normal University
Xuguang Song, Beijing Normal University
Discussant: Hao Ren, Tsinghua University
Session Number 6: Productivity, R&D and Innovation
Venue: D3:059
Time: 13:00 - 14:30 Monday 18 July
Chair: Maciej Kotowski, Harvard University
Trade and R&D activities in China
Yixiao Zhou, Curtin University
Ligang Song, Australian National University
Discussant: Yu Qin, National University of Singapore
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International Technology Transfer and Domestic Innovation: Evidence from the High-Speed Rail
Sector in China
Yatang Lin, London School of Economics
Yu Qin, National University of Singapore
Zhuan Xie, Peking University
Discussant: Guiying Laura Wu, Nanyang Technological University
Estimating Productivity of Public Investment
Guiying Laura Wu, Nanyang Technological University
Qu Feng, Nanyang Technological University
Zhifeng Wang, Nanyang Technological University
Discussant: Yanrui Wu, University of Western Australia
Does University-industry Collaboration Improve Chinese Firms’ Innovation Efficiency?
Xing Shi, University of Western Australia
Yanrui Wu, University of Western Australia
Dahai Fu, Central University of Finance and Economics
Discussant: Yixiao Zhou, Curtin University
Session Number 7: Regional Economics
Venue: D3: 144
Time: 13:00 - 14:30 Monday 18 July
Chair: Ivan Roberts, Reserve Bank of Australia
Does Export Diversification Matter for China's Regional Growth?
Dahai Fu, Central University of Finance and Economics
Yanrui Wu, University of Western Australia
Ying Zhang, Chinese Academy of Social Science
Discussant: Rui-cong Sang, Shanghai Lixin University of Commerce
Regional Policy and Industrial Relocation in China: A Panel Data Analysis
Rui-cong Sang, Shanghai Lixin University of Commerce
Sajid Anwar, University of Sunshine Coast
W. Robert J. Alexander, University of Sunshine Coast
Discussant: Nicolaas Groenewold, University or Western Australia
The Effects within and between Regions of Output Shocks in China
Anping Chen, Jinan University
Nicolaas Groenewold, University or Western Australia
Discussant: Jihong Li, China University of Geosciences
Research on Coupling Coordination between Urbanization and Economic Development in Shandong
Province
Jihong Li, China University of Geosciences
Hongyun Ma, China University of Geosciences
Qi Huang, China University of Geosciences
Discussant: Dahai Fu, Central University of Finance and Economics
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Session Number 8: Urbanization and Real Estate
Venue: D3:149
Time: 13:00 - 14:30 Monday 18 July
Chair: Lilai Xu, RMIT University
The Determinants of Chinese Outward Real Estate Investment
Jingjing Zhang, Nanjing Audit University
Chyi Lin Lee, Western Sydney University
Discussant: Andy Wui Wing Cheng, Hang Seng Management College
Housing Price and Crime: Evidence from China
Andy Wui Wing Cheng, Hang Seng Management College
Tsun Se Cheong, Hang Seng Management College
Victor Li, Hang Seng Management College
Discussant: Caixia Liu, Jinan University
The Determinants of Tenure Choice in Urban China
Caixia Liu, Jinan University
Xian Zheng, Jinan University
Eddie C.M. Hui, Hong Kong Polytechnic University
Discussant: Songlin Li, Southeast University
The Path of Urbanization in China: Monocentric Mega-city or Polycentric City Cluster?
Songlin Li, Southeast University
Xiuyan Liu, Southeast University
Discussant: Jingjing Zhang, Nanjing Audit University
Session Number 9: Banking and Finance
Venue: D3:063
Time: 14:45 - 16:15 Monday 18 July
Chair: Shiguang Ma, University of Wollongong
IPO Underpricing in Hong Kong: New Evidence
Lee Wai Choi, Hang Seng Management College
Discussant: Yin Wei, Southeast University
Limited Loan Rate Differentiation and the Determination of Loan Terms in the Chinese Commercial
Credit Market
Kent Matthews, Cardiff University
Yin Wei, Southeast University
Discussant: Erwei Xiang, Edith Cowan University
Lending to Private Firms: Evidence from China on the Role of Firm Openness and Bribery
Wenjuan Ruan, Murdoch University
Erwei Xiang, Edith Cowan University
Shiguang Ma, University of Wollongong
Discussant: Lilai Xu, RMIT University
Enterprise Risk Management for FDI in China: Scope and Framework
KB Oh, La Trobe University
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Lilai Xu, RMIT University
Nga Le Thu Pham, Hanoi University
J. Sturdy, La Trobe University
J. Wang, Beijing Information Science Technology University
Discussant: Lee Wai Choi, Hang Seng Management College
Session Number 10: Consumption
Venue: D3:059
Time: 14:45 - 16:15 Monday 18 July
Chair: Tracey Mahony, James Cook University
Research on the Impact of Dairy Products Imports on Dairy Industry of China - A Case Study of Dairy
Import from Australia
Yan-jiao Wei, Nanjing Agricultural University
Discussant: Meen Chee Hong, James Cook University
The Determinants of Chinese Muslims Consumption on Halal Personal Care Products
Meen Chee Hong, James Cook University
Sizhong Sun, James Cook University
Rabiul Beg, James Cook University
Zhou Zhang Yue, James Cook University
Discussant: Xin Gu, Southeast University
Understanding Consumption Patterns: A Study of China’s Urban Residents by Income Levels
Xin Gu, Southeast University
Discussant: Teddy Wen, James Cook University
Astronomy Tourism in China: Exploring an Emerging Market
Teddy Wen, James Cook University
Discussant: Yan-jiao Wei, Nanjing Agricultural University
Session Number 11: Environmental Economics
Venue: D3:144
Time: 14:45 - 16:15 Monday 18 July
Chair: Diane Jarvis, James Cook University
Decoupling Economic Growth from Air Pollution in Chinese Cities
Xiumei Guo, Curtin University
Dora Marinova, Curtin University
Discussant: Ya Wu, Jinan University
Means of Transformation to a Low-carbon Economy in Guangdong Province, China in Terms of
Domestic Demand, Foreign Trade, and Industrial Upgrading
Ya Wu, Jinan University
Discussant: Yuk-shing Cheng, Hong Kong Baptist University
Property Rights Reform in China’s Forestland–management Incentives and Ecological Protection
Yuk-shing Cheng, Hong Kong Baptist University
Discussant: Huaqing Wu, Hefei University of Technology
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Are the Central Government’s Environmental Policies Effective? An Efficiency Analyses for China’s
Provincial Production and Treatment Processes
Qiong Xia, Hefei University of Technology
Ming Lia, Hefei University of Technology
Ya Chen, Hefei University of Technology
Huaqing Wu, Hefei University of Technology
Discussant: Xiumei Guo, Curtin University
Session Number 12: Industrial Economy
Venue: D3:149
Time: 14:45 - 16:15 Monday 18 July
Chair: Hongbo Liu, James Cook University
International Oil Price Uncertainty and Corporate Investment: Evidence from China’s Emerging
Transition Economy
Yong Wang, China University of Petroleum
Erwei Xiang, Edith Cowan University
Wenjuan Ruan, Murdoch University
Discussant: Ruohan Zhang, Jinan University
Financial Inclusion and the Formation of Entrepreneurs: Evidence from China
Zhaobin Fan, Jinan University
Ruohan Zhang, Jinan University
Discussant: Chunlai Chen, Australian National University
The Impact of Outward Foreign Direct Investment on China’s Regional Economic Growth
Chunlai Chen, Australian National University
Discussant: Wenjuan Ruan, Murdoch University
Session Number 13: Foreign Direct Investment
Venue: D3:063
Time: 10:15 - 11:45 Tuesday 19 July
Chair: Josephine Pryce, James Cook University
Cross-Country Dissemination of Culture via FDI: Micro Evidence from China
Faqin Lin, Central University of Finance and Economics
Discussant: Chunlai Chen, Australian National University
The Impact of Coastal Foreign Direct Investment on China’s Inland Urbanisation
Chunlai Chen, Australian National University
Yan Wu, Beijing Normal University
Discussant: Tsun Se Cheong, Hang Seng Management College
Evolutionary Trend of Foreign Investment in China: A Combined Decomposition and Transitional
Dynamics Approach
Tsun Se Cheong, Hang Seng Management College
Andy Wui Wing Cheng, Hang Seng Management College
Jing Li, Hang Seng Management College
Discussant: Haichun Ye, Shanghai University of Finance and Economics
21
FDI, Trade Credit, and Transmission of Global Liquidity Shocks: Evidence from Chinese Manufacturing
Firms
Shu Lin, Fudan University
Haichun Ye, Shanghai University of Finance and Economics
Discussant: Faqin Lin, Central University of Finance and Economics
Session Number 14: Institution and Energy
Venue: D3:059
Time: 10:15 - 11:45 Tuesday 19 July
Chair: James Laurenceson, University of Technology Sydney
Spatial Impact of Economic Structure Reform on China's Energy Consumption — Perspective of
Satellite Lighting Data from Prefecture-level City
Nan Zhao, Beijing Normal University
Xuguang Song, Beijing Normal University
Tianyang Ji, Beijing Normal University
Discussant: Xunpeng Shi, National University of Singapore
Uncertainties in China’s Gas Market and Their Impact
Xunpeng Shi, National University of Singapore
Hari MP, National University of Singapore
Jacqueline Tao, National University of Singapore
Discussant: Steven Kates, RMIT University
Political Economy in Crisis: Were the Classical Economists Right After All?
Steven Kates, RMIT University
Discussant: Erwei Xiang, Edith Cowan University
Institutional Background, Corporate Social Responsibility and Tax Avoidance
Yuanhui Li, Beijing Jiaotong University
Qingqing Wang, Beijing Jiaotong University
Erwei Xiang, Edith Cowan University
Discussant: Nan Zhao, Beijing Normal University
Session Number 15: International Trade
Venue: D3-144
Time: 10:15 - 11:45 Tuesday 19 July
Chair: Miaojie Yu, Peking University
Export Competitiveness of Agricultural Industry from Emerging Market: A Cluster Analysis based on
Genetic Algorithm in Complex Network
Da Huo, Central University of Finance and Economics
Haibo Wang, Texas A&M International University
Discussant: Yanyan Xiong, Southeast University
Factor Endowments, Trade and Income Inequality: Evidence from China
Yanyan Xiong, Southeast University
Discussant: Wenxiao Wang, University of Adelaide
22
Export, Quality Specialization and Wage Gap
Yihong Tang, Central University of Finance and Economics
Wenxiao Wang, University of Adelaide
Discussant: Hao Xiao, Hunan University
Trade Creation Effect and Trade Diversion Effect in Global Value Chain: An Application in Sino-Korean
FTA
Hao Xiao, Hunan University
Cong Yan, Hunan University
Huimin Bi, Hunan University
Jue Chen, Hunan University
Discussant: Da Huo, Central University of Finance and Economics
Session Number 16: Labour Economics
Venue: D3:149
Time: 10:15 - 11:45 Tuesday 19 July
Chair: Sajid Anwar, University of Sunshine Coast
New Cooperative Medical Scheme and Self-Employment in rural China
Gatwaza H. Thierry, China Agricultural University
Baozhong Su, China Agricultural University
Discussant: Zhaobin Fan, Jinan University
International Migration, Human Capital Composition and the Middle-Income Trap
Zhaobin Fan, Jinan University
Discussant: Jing Xiang, Chinese Academy of Social Science
China’s Rural Population Dynamics and Urbanization Estimate
Jing Xiang, Chinese Academy of Social Science
Discussant: Lin Pan, Jinan University
International Migration and Knowledge Diffusion: Evidence from OECD Countries
Zhaobin Fan, Jinan University
Lin Pan, Jinan University
Chengyaohang Li, Jinan University
Discussant: Baozhong Su, China Agricultural University
Session Number 17: Public Economics
Venue: D3:063
Time: 13:00 - 14:30 Tuesday 19 July
Chair: James Cheong, Hang Seng Management College
Structural Change with Public Educational Expenditure: Evidence from China
Xun Zhang, Beijing Normal University
Discussant: Le Ma, The University of Sydney
The Effectiveness of Innovation-Oriented Government Policy: The Case of China
Demetris Christodoulou, The University of Sydney
Baruch Lev, New York University
23
Le Ma, The University of Sydney
Discussant: Xiyang Zheng, Sun Yat-sen University
New Cooperative Medical Scheme Assigned Hospital Administration and Expenditure Control in China
Xiyang Zheng, Sun Yat-sen University
Tingting Qu, Sun Yat-sen University
Shuguang Shen, Sun Yat-sen University
Discussant: Jing Liu, Australian National University
Infrastructure Investment under Public-Private Partnership in China and its Policy Implications
Jing Liu, Australian National University
Discussant: Xun Zhang, Beijing Normal University
Session Number 18: Recent Development of Economic Theory
Venue: D3:059
Time: 13:00 - 14:30 Tuesday 19 July
Chair: Qingyuan Du, Monash University
Multi-period Matching
Sangram V. Kadam, Harvard University
Maciej H. Kotowski, Harvard University
Discussant: C. Simon Fan, Lingnan University
Relative Deprivation, Social Distance, and Social Norms
C. Simon Fan, Lingnan University
Oded Stark, Universities of Bonn and Georgetown University
Discussant: Jingran Yang, Renmin University of China
Productivity, Politics, and the Optimal Qualifying Competition
Qijing Yang, Renmin University of China
Jingran Yang, Renmin University of China
Discussant: Yu Pang, Macau University of Science and Technology
Profitable Pollution Abatement? A Worker Productivity Perspective
Yu Pang, Macau University of Science and Technology
Discussant: Maciej H. Kotowski, Harvard University
Session Number 19: Agricultural Economics
Venue: D3:144
Time: 13:00 - 14:30 Tuesday 19 July
Chair: Chunlai Chen, Australian National University
Cold Chain Logistics in China and its Impact on the Export of Australian Perishable Food Products
Yahua Zhang, University of Southern Queensland
Alice Woodhead, University of Southern Queensland
Discussant: Xiaolong Feng, Northwest A&F University
What Motivates Farmers’ Adaptive Intention to Climate Change: The Case from Apple Farmers of
Shaanxi in China?
Xiaolong Feng, Northwest A&F University
24
Xuexi Huo, Northwest A&F University
Discussant: Qian Zhang, Nanjing Agricultural University
Subsidy Policies and Rice Planting Pattern Choices: An evidence from the investigate of Hunan
Province
Qian Zhang, Nanjing Agricultural University
Quanzhong Wang, Nanjing Agricultural University
Hong Zhou, Nanjing Agricultural University
Discussant: Bo-feng Leng, Huazhong Agricultural University
Recut the Cheese: The Impacts of Agriculture Subsidy Change to Farmer’s Satisfaction on Land
Circulation
Bo-feng Leng, Huazhong Agricultural University
Zhong-chao Feg, Huazhong Agricultural University and Center of Hubei Rural Development
Discussant: Yahua Zhang, University of Southern Queensland
Session Number 20: Inequality
Venue: D3:149
Time: 13:00 - 14:30 Tuesday 19 July
Chair: Yuk-shing Cheng, Hong Kong Baptist University
The Relationship between Housing Price and Rural-urban Disparity in China
Jing Li, Hang Seng Management College
Tsun Se Cheong, Hang Seng Management College
Discussant: Chaoping Lu, Nanjing Agricultural University
The Economic Disparities and Their Spatial-temporal Evolution in China at Multi-Levels: A Study
Based on the Global Night-time Light Data
Chaoping Lu, Nanjing Agricultural University
Yingheng Zhou, Nanjing Agricultural University
Binjian Yan, Nanjing Agricultural University
Discussant: Jinzhi Tong, Xiamen University
An Empirical Study of the Income Redistribution Effect of the Taxes Imposed on Citizens in China
Jinzhi Tong, Xiamen University
Zhuzhu Zhou, Xiamen University
Discussant: Jing Li, Hang Seng Management College
25
List of Conference Participants
(Note: Participants of Policy Forum and Tourism Forum are not included in this list)
First Name Surname Organisation Name/JCU Account Number Email Address
Sajid Anwar University of the Sunshine Coast [email protected]
Yuijang Bi Shanghai Lixin University of Commerce [email protected]
Taha Chaiechi James Cook University [email protected]
Chunlai Chen Australian National University [email protected]
George Chen Australian Trade and Investment Commission (Austrade) [email protected]
Jian Chen Southeast University [email protected]
Shiyuan Chen The University of Hong Kong [email protected]
Andy Cheng Hang Seng Management College [email protected]
Yuk-shing Cheng Hong Kong Baptist University [email protected]
James Tsun Cheong Hang Seng Management College [email protected]
Qingyuan Du Monash University [email protected]
Janie Edwards James Cook University [email protected]
Zhaobin Fan Jinan University [email protected]
Cheng Ze Fan Lingnan University [email protected]
Fuqian Fang Renmin University of China [email protected]
Hanming Fang University of Pennsylvania [email protected]
Xiaolong Feng Northwest A&F University [email protected]
Dahai Fu Central University of Finance and Economics [email protected]
Iain Gordon James Cook University [email protected]
Nicolaas Groenewold University of Western Australia [email protected]
Xin Gu Southeast University [email protected]
Xiumei Guo Curtin University [email protected]
Liangfeng Hao Southeast University [email protected]
Zongyue He Beijing Normal University [email protected]
Yaqin He Huazhong Agricultural University [email protected]
Meen Chee Hong James Cook University [email protected]
Sam Huang University of South Australia [email protected]
Da Huo Central University of Finance and Economics [email protected]
Diane Jarvis James Cook University [email protected]
Zhan Jintao Nanjing Agricultural University [email protected]
Jiangang Kang Education Office of Chinese Embassy in Australia [email protected]
Steven Kates RMIT University [email protected]
Gerard Kelly Reserve Bank of Australia [email protected]
Maciej Kotowski Harvard University [email protected]
James Laurenceson University of Technology Sydney [email protected]
Wai Choi Lee Hang Seng Management College [email protected]
Chris Legg The Treasury [email protected]
Bo-feng Leng Huazhong Agricultural University [email protected]
Jihong Li China University of Geosciences [email protected]
Victor Jing Li Hang Seng Management College [email protected]
Tianxiang Li Nanjing Agricultural University [email protected]
Songlin Li Southeast University [email protected]
26
Faqin Lin Central University of Finance and Economics [email protected]
Shu Lin Fudan University [email protected]
Jing Liu Australian National University [email protected]
Hongbo Liu James Cook University [email protected]
Caixia Liu Jinan University [email protected]
Stewart Lockie James Cook University [email protected]
David Low James Cook University [email protected]
Hua Lu Nanjiang Agricultural University [email protected]
Chaoping Lu Nanjing Agricultural University [email protected]
Le Ma University of Sydney [email protected]
Shiguang Ma University of Wollongong [email protected]
Tracey Mahony James Cook University [email protected]
Jennifer McHugh James Cook University [email protected]
Jiawei Mo The University of Hong Kong [email protected]
Lin Pan Jinan University [email protected]
Yu Pang Macau University of Science and Technology [email protected]
Philip Pearce James Cook University [email protected]
Jammie Penm Australian Bureau of Agricultural and Resource Economics and Sciences [email protected]
Luigi Pistaferri Stanford University [email protected]
Josephine Pryce James Cook University [email protected]
Yu Qin National University of Singapore [email protected]
Meng Qin Southeast University [email protected]
Bin Qiu Southeast University [email protected]
Hao Ren Tsinghua University [email protected]
Dane Richmond Australian Trade and Investment Commission (Austrade) [email protected]
Ivan Roberts Reserve Bank of Australia [email protected]
Wenjuan Ruan Murdoch University [email protected]
Luisa Rust Australian Trade and Investment Commission (Austrade) [email protected]
Ruicong Sang Shanghai Lixin University of Commerce [email protected]
Xunpeng Shi National University of Singapore [email protected]
Xing Shi The University of Western Australia [email protected]
Wei Si China Agricultural University [email protected]
Xuguang Song Beijing Normal University [email protected]
Baozhong Su China Agricultural University [email protected]
Sizhong Sun James Cook University [email protected]
Yanwen Tan South China Agricultural University [email protected]
Yihong Tang Central University of Finance and Economics [email protected]
Wei Tian University of International and Business and Economics [email protected]
Jinzhi Tong Xiamen University [email protected]
Komla Tsey James Cook University [email protected]
Ying Wang Nanjing Agricultural University [email protected]
Zhifeng Wang Nanyang Technological University [email protected]
Haibo Wang Texas A&M International University [email protected]
Wenxiao Wang University of Adelaide [email protected]
Yanjiao Wei Nanjiang Agricultural University [email protected]
Teddy Wen James Cook University [email protected]
Wing Thye Woo University of California, Davis [email protected]
Huaqing Wu Hefei University of Technology [email protected]
27
Ya Wu Jinan University [email protected]
Guiying Wu Nanyang Technological University [email protected]
Yanrui Wu University of Western Australia [email protected]
Junjie Xia University of Southern California, USA [email protected]
Jing Xiang Chinese Academy of Social Sciences [email protected]
Erwei Xiang Edith Cowan University [email protected]
Hao Xiao Hunan University [email protected]
Yanyan Xiong Southeast University [email protected]
Xiao Xu Education Office of Chinese Embassy in Australia [email protected]
Lilai Xu RMIT University [email protected]
Jingran Yang Renmin University of China [email protected]
Haichun Ye Shanghai University of Finance and Economics [email protected]
Wei Yin Southeast University [email protected]
Miaojie Yu Peking University [email protected]
Huasheng Zeng South China Agricultural University [email protected]
Xun Zhang Beijing Normal University [email protected]
Deyong Zhang Chinese Academy of Social Sciences [email protected]
Ruohan Zhang Jinan University [email protected]
Qian Zhang Nanjiang Agricultural University [email protected]
Jingjing Zhang Nanjing Audit University [email protected]
Shane Zhang University of Southern Queensland [email protected]
Nan Zhao Beijing Normal University [email protected]
Xiyang Zheng Sun Yat-sen University [email protected]
Yixiao Zhou Curtin University [email protected]
Zhangyue Zhou James Cook University [email protected]
Delin Zhuang Hefei University of Technology [email protected]