Detailed Program ofwise.xmu.edu.cn/Master/News/NewsPic/201061815617238.pdf• Hua Chen ( Vice...

CESCESCESCES 2010201020102010ANNUALANNUALANNUALANNUALMEETINGMEETINGMEETINGMEETING

Xiamen,Xiamen,Xiamen,Xiamen, ChinaChinaChinaChina

JuneJuneJuneJune 19191919 ---- 21,21,21,21, 2010201020102010

ProgramProgramProgramProgram

Notations:Notations:Notations:Notations:•••• Session numbers that begin with the letter “E” indicate that the presentations will be

conducted in English; session numbers that begin with the letter “C” indicate that thepresentations will be conducted in Chinese; and poster sessions are denoted by the letter“P” followed by a Roman numeral.

•••• Names in boldface fonts indicate presenters.

JuneJuneJuneJune 18181818

RegistrationRegistrationRegistrationRegistration

8:00am-8:30am8:00am-8:30am8:00am-8:30am8:00am-8:30am OpeningOpeningOpeningOpening CeremonyCeremonyCeremonyCeremony

Chair: Yongmiao Hong (President of Chinese Economists Society, Cornell University & XiamenUniversity)

Venue: Conference Hall (3F) of Science and Arts Center

• ChongshiChongshiChongshiChongshi ZhuZhuZhuZhu (President of Xiamen University)

• HuaHuaHuaHua ChenChenChenChen ( Vice Governor of Fujian Province)

• XiumaoXiumaoXiumaoXiumao ChenChenChenChen ( Chairman of Xiamen People's Political Consultative Conference)

8:30am-8:45am8:30am-8:45am8:30am-8:45am8:30am-8:45am GroupGroupGroupGroup PhotoPhotoPhotoPhoto8:8:8:8:45454545am-10:am-10:am-10:am-10:15151515amamamam KeynoteKeynoteKeynoteKeynote SessionSessionSessionSession IIII

Chair: Zhiqi Chen (Carleton University & Xiamen University)

Venue: Conference Hall (3F) of Science and Arts Center

•••• SiweiSiweiSiweiSiwei ChengChengChengCheng (Chinese Academy of Sciences), ““““OnOnOnOn thethethethe RecentRecentRecentRecent DevelopmentDevelopmentDevelopmentDevelopment ofofofof ChineseChineseChineseChineseEconomyEconomyEconomyEconomy””””

• KaushikKaushikKaushikKaushik BasuBasuBasuBasu (Chief Economic Adviser to the Government of India), ““““AAAA SimpleSimpleSimpleSimple ModelModelModelModel ofofofofthethethethe FinancialFinancialFinancialFinancial CrisisCrisisCrisisCrisis ofofofof 2007-92007-92007-92007-9””””

10:10:10:10:00000000am-10:am-10:am-10:am-10:30303030amamamam CoffeeCoffeeCoffeeCoffee BreakBreakBreakBreak

10:10:10:10:30303030am-12:am-12:am-12:am-12:30303030pmpmpmpm ParallelParallelParallelParallel SessionsSessionsSessionsSessionsE1E1E1E1 ChinaChinaChinaChina’’’’ssss ExchangeExchangeExchangeExchange RateRateRateRate

Chair: Aaron Mehrotra (Bank of Finland)

Venue: Room 404 Jiageng Building-1

[1][1][1][1] ““““RenminbiRenminbiRenminbiRenminbi Misaligned?Misaligned?Misaligned?Misaligned? ResultsResultsResultsResults fromfromfromfromMeta-RegressionsMeta-RegressionsMeta-RegressionsMeta-Regressions””””

IikkaIikkaIikkaIikka KorhonenKorhonenKorhonenKorhonen (Iikka.Korhonen@bof.fi), Bank of Finland; and Maria Ritola

Discussant: Ying Fang (Xiamen University)[2][2][2][2] ““““Time-VaryingTime-VaryingTime-VaryingTime-Varying StructureStructureStructureStructure ofofofof thethethethe CurrencyCurrencyCurrencyCurrency BasketBasketBasketBasket ofofofof thethethethe Renminbi:Renminbi:Renminbi:Renminbi: DidDidDidDid itititit ChangeChangeChangeChange afterafterafterafter thethethethe

FinancialFinancialFinancialFinancial Crisis?Crisis?Crisis?Crisis?””””

JarkoJarkoJarkoJarko FidrmucFidrmucFidrmucFidrmuc (jarko.fidrmuc@lrz.uni-muenchen.de), Oesterreichische National Bank, AustriaDiscussant: Aaron Mehrotra (Bank of Finland)

[3][3][3][3] ““““Yuan'sYuan'sYuan'sYuan's RevaluationRevaluationRevaluationRevaluation andandandand itsitsitsits Pass-throughPass-throughPass-throughPass-through EffectEffectEffectEffect””””

YuqingYuqingYuqingYuqing XingXingXingXing (yuqing_xing@grips.ac.jp)，National Graduate Institute for Policy Studies, JapanDiscussant: Linlin Niu (Xiamen University)

[4][4][4][4] ““““China'sChina'sChina'sChina's MonetaryMonetaryMonetaryMonetary PolicyPolicyPolicyPolicy andandandand thethethethe ExchangeExchangeExchangeExchange RateRateRateRate””””

AaronAaronAaronAaronMehrotraMehrotraMehrotraMehrotra (Aaron.Mehrotra@bof.fi), Bank of Finland; and Jose R. Sanchez-FungDiscussant: Yufei Yuan (Xiamen University)

E2E2E2E2 SocialSocialSocialSocial andandandand EconomicEconomicEconomicEconomic ConsequencesConsequencesConsequencesConsequences ofofofof ChinaChinaChinaChina’’’’ssss One-ChildOne-ChildOne-ChildOne-Child PolicyPolicyPolicyPolicy

Chair: Xiaobo Zhang (International Food Policy Research Institute)

[1][1][1][1] ““““SonSonSonSon PreferencePreferencePreferencePreference andandandand LowLowLowLow FertilityFertilityFertilityFertility inininin China:China:China:China: ConsequencesConsequencesConsequencesConsequences forforforfor ElderElderElderElder PovertyPovertyPovertyPoverty””””

MonicaMonicaMonicaMonica DasDasDasDas GuptaGuptaGuptaGupta (Mdasgupta@worldbank.org), The World Bank; Avraham Ebenstein, andEthan Jennings-SharyginDiscussant: Hongbin Li (Tsinghua University)

[2][2][2][2] ““““SexSexSexSex RatiosRatiosRatiosRatios andandandand Crime:Crime:Crime:Crime: EvidenceEvidenceEvidenceEvidence fromfromfromfrom ChinaChinaChinaChina””””

HongbinHongbinHongbinHongbin LiLiLiLi (lihongbin@sem.tsinghua.edu.cn), Tsinghua University, China; Lena Edlund, JunjianYi, and Junsen ZhangDiscussant: Phil Brown (Colby College)

[3][3][3][3] ““““TheTheTheThe SexSexSexSex FoundationFoundationFoundationFoundation ofofofof EconomicEconomicEconomicEconomic Growth:Growth:Growth:Growth: EvidenceEvidenceEvidenceEvidence fromfromfromfrom ChinaChinaChinaChina””””

XiaoboXiaoboXiaoboXiaobo ZhangZhangZhangZhang (x.zhang@cgiar.org), International Food Policy Research Institute, USA; andShang-jin WeiDiscussant: Junjian Yi (Chinese University of Hong Kong)

[4][4][4][4] ““““EstimatingEstimatingEstimatingEstimating thethethethe EffectEffectEffectEffect ofofofof thethethethe One-ChildOne-ChildOne-ChildOne-Child PolicyPolicyPolicyPolicy onononon SexSexSexSex RatioRatioRatioRatio ImbalanceImbalanceImbalanceImbalance inininin China:China:China:China:

IdentificationIdentificationIdentificationIdentification BasedBasedBasedBased onononon thethethethe Difference-in-DifferencesDifference-in-DifferencesDifference-in-DifferencesDifference-in-Differences””””

JunjianJunjianJunjianJunjian YiYiYiYi (jack.cuhk@gmail.com), The Chinese University of Hong Kong, Hong Kong;Hongbin Li, and Junsen Zhang

Discussant: Xiaobo Zhang (International Food Policy Research Institute)

E3E3E3E3 ExperimentalExperimentalExperimentalExperimental EconomicsEconomicsEconomicsEconomics I:I:I:I: InvestmentInvestmentInvestmentInvestment andandandand DictatorDictatorDictatorDictator GamesGamesGamesGames

Chair: Fei Song (Ryerson University)

[1][1][1][1] ““““GenderGenderGenderGender AndAndAndAnd Generosity:Generosity:Generosity:Generosity: DoesDoesDoesDoes DegreeDegreeDegreeDegree OfOfOfOf AnonymityAnonymityAnonymityAnonymity OrOrOrOr GroupGroupGroupGroup GenderGenderGenderGender CompositionCompositionCompositionCompositionMatter?Matter?Matter?Matter?””””FeiFeiFeiFei SongSongSongSong (fsong@ryerson.ca),,,, Ryerson University; C. Bram Cadsby, and Maroš ServátkaDiscussant: Lijia Wei(WISE, Xiamen University)

[2][2][2][2] ““““TrustTrustTrustTrust andandandand TrustworthinessTrustworthinessTrustworthinessTrustworthiness ReputationsReputationsReputationsReputations inininin anananan InvestmentInvestmentInvestmentInvestment GameGameGameGame”NinghuaNinghuaNinghuaNinghua DuDuDuDu (ninghua_d@hotmail.com), Shanghai University of Finance and Economics; andGary Charness, Chunlei YangDiscussant: Fei Song (Ryerson University)

[3][3][3][3] ““““LavishLavishLavishLavish ReturnsReturnsReturnsReturns onononon CheapCheapCheapCheap Talk:Talk:Talk:Talk: Two-WayTwo-WayTwo-WayTwo-Way CommunicationCommunicationCommunicationCommunication inininin TrustTrustTrustTrust GamesGamesGamesGames””””TingTingTingTing RenRenRenRen (renting@szpku.edu.cn), Peking University, China; and Avner Ben-Ner and LouisPuttermanDiscussant: Ninghua Du (Shanghai University of Finance and Economics)

E4E4E4E4 AsymmetricAsymmetricAsymmetricAsymmetric InformationInformationInformationInformation andandandand LearningLearningLearningLearning

Chair: Hong Yuan (University of Illinois at Urbana Champaign)

[1][1][1][1] ““““AAAA SimpleSimpleSimpleSimple TestTestTestTest ofofofof PrivatePrivatePrivatePrivate InformationInformationInformationInformation inininin thethethethe InsuranceInsuranceInsuranceInsuranceMarketsMarketsMarketsMarkets withwithwithwith HeterogeneousHeterogeneousHeterogeneousHeterogeneous RiskRiskRiskRisk

PreferencesPreferencesPreferencesPreferences””””

FengFengFengFeng HuangHuangHuangHuang (fhuang@mail.swufe.edu.cn), Southwestern University of Finance and Economics,

China; Li Gan, and Adalbert MayerDiscussant: Hong Yuan (University of Illinois at Urbana Champaign)

[2][2][2][2] ““““AssortativeAssortativeAssortativeAssortative LearningLearningLearningLearning””””

WengWengWengWeng XiXiXiXi (wengxi125@gmail.com), University of Pennsylvania, USA; and Jan EeckhoutDiscussant: Feng Huang (Southwest University of Finance and Economics)

[3][3][3][3] ““““ConsumersConsumersConsumersConsumers’’’’ BeliefsBeliefsBeliefsBeliefs andandandand SellersSellersSellersSellers’’’’ DynamicDynamicDynamicDynamic SellingSellingSellingSelling StrategiesStrategiesStrategiesStrategies””””

HongHongHongHong YuanYuanYuanYuan (hongyuan@illinois.edu), University of Illinois at Urbana Champaign, USA; andQiang GongDiscussant: Weng Xi (University of Pennsylvania)

E5E5E5E5 Health,Health,Health,Health, NutritionNutritionNutritionNutrition andandandand EducationEducationEducationEducation inininin ChinaChinaChinaChina

Chair: Scott Rozelle (Stanford University)

[1][1][1][1] ““““NutritionNutritionNutritionNutrition andandandand EducationalEducationalEducationalEducational PerformancePerformancePerformancePerformance inininin RuralRuralRuralRural ChinaChinaChinaChina’’’’ssss ElementaryElementaryElementaryElementary Schools:Schools:Schools:Schools: ResultsResultsResultsResults ofofofof aaaa

RandomizedRandomizedRandomizedRandomized ControlControlControlControl TrialTrialTrialTrial inininin ShaanxiShaanxiShaanxiShaanxi ProvinceProvinceProvinceProvince””””RenfuRenfuRenfuRenfu LuoLuoLuoLuo (luorf.ccap@igsnrr.ac.cn), Chinese Academy of Sciences, China, and ScottScottScottScott RozelleRozelleRozelleRozelle(rozelle@stanford.edu) Stanford University, USA; Yaojiang Shi, Linxiu Zhang, Chengfang Liu,Brian Sharbono, Ai Yue, Qiran Zhao, and Reynaldo MartorellDiscussant: Yusi Ouyang (Cornell University)

[2][2][2][2] ““““PPPPeereereereer TutoringTutoringTutoringTutoring andandandand Pay-for-GradePay-for-GradePay-for-GradePay-for-Grade IncentiveIncentiveIncentiveIncentive Programs:Programs:Programs:Programs: FFFFieldieldieldield ExperimentExperimentExperimentExperiment EvidencesEvidencesEvidencesEvidences fromfromfromfrom

ChineseChineseChineseChinese PrimaryPrimaryPrimaryPrimary SchoolsSchoolsSchoolsSchools””””

LiLiLiLi HanHanHanHan (lihan@ust.hk), Hong Kong University of Science and Technology; Tao Li, Scott Rozelle,Linxiu Zhang, Chengfang LiuDiscussant: Jing Zhang (University of Maryland)

[3][3][3][3] ““““ComparisonComparisonComparisonComparison ofofofof HealthHealthHealthHealth StatusStatusStatusStatus ofofofof EthnicEthnicEthnicEthnic MinorityMinorityMinorityMinority andandandand HanHanHanHan PopulationPopulationPopulationPopulation inininin ChinaChinaChinaChina””””

YYYYusiusiusiusi OOOOuyanguyanguyanguyang (yo55@cornell.edu), and PerPerPerPer Pinstrup-AndersenPinstrup-AndersenPinstrup-AndersenPinstrup-Andersen (pp94@cornell.edu) Cornell

University, USADiscussant: Renfu Luo (Chinese Academy of Sciences)

[4][4][4][4] ““““TheTheTheThe ImpactImpactImpactImpact ofofofof WaterWaterWaterWater QQQQualityualityualityuality onononon Health:Health:Health:Health: EvidenceEvidenceEvidenceEvidence fromfromfromfrom thethethethe DrinkingDrinkingDrinkingDrinking WaterWaterWaterWater InfrastructureInfrastructureInfrastructureInfrastructure

ProgramProgramProgramProgram inininin RuralRuralRuralRural ChinaChinaChinaChina””””

JingJingJingJing ZhangZhangZhangZhang (zhang-j@econ.umd.edu), University of Maryland, USADiscussant: Tao Li (Peking University)

E6E6E6E6 China'sChina'sChina'sChina's EconomicEconomicEconomicEconomic Development:Development:Development:Development: ExperiencesExperiencesExperiencesExperiences andandandand ChallengesChallengesChallengesChallenges

Chair: Ivan Roberts (Reserve Bank of Australia)

[1][1][1][1] ““““IfIfIfIf YYYYouououou TTTTry,ry,ry,ry, YYYYou'llou'llou'llou'll GGGGetetetet by:by:by:by: ChineseChineseChineseChinese PPPPrivaterivaterivaterivate FFFFirms'irms'irms'irms' EEEEfficiencyfficiencyfficiencyfficiency GGGGainsainsainsains fromfromfromfrom OOOOvercomingvercomingvercomingvercoming

FFFFinancialinancialinancialinancial CCCConstraintsonstraintsonstraintsonstraints””””

CherylCherylCherylCheryl LongLongLongLong (cxlong@colgate.edu), Colgate University, USA; and Galina HaleDiscussant: Yao Yu (Chinese University of Hong Kong)

[2][2][2][2] ““““SustainableSustainableSustainableSustainable GrowthGrowthGrowthGrowth ofofofof thethethethe ChineseChineseChineseChinese EconomyEconomyEconomyEconomy inininin thethethethe Post-FinancialPost-FinancialPost-FinancialPost-Financial CrisisCrisisCrisisCrisis Era:Era:Era:Era: EmpiricalEmpiricalEmpiricalEmpirical

FindingsFindingsFindingsFindings andandandand ImplicationsImplicationsImplicationsImplications””””

YaoYaoYaoYao YuYuYuYu (yuyao@baf.msmail.cuhk.edu.hk), Chinese University of Hong Kong, Hong Kong; andHongyi Li

Discussant: Guifu Chen (Xiamen University)[3][3][3][3] ““““EnergyEnergyEnergyEnergy PricesPricesPricesPrices andandandand InternationalInternationalInternationalInternational CompetitivenessCompetitivenessCompetitivenessCompetitiveness inininin ChinaChinaChinaChina””””

GuifuGuifuGuifuGuifu ChenChenChenChen (chenguifu@xmu.edu.cn), Xiamen University, China; and Shigeyuki HamoriDiscussant: Ivan Roberts (Reserve Bank of Australia)

[4][4][4][4] ““““SourcesSourcesSourcesSources ofofofof ChineseChineseChineseChinese DemandDemandDemandDemand forforforfor ResourcesResourcesResourcesResources””””

IvanIvanIvanIvan RobertsRobertsRobertsRoberts (robertsi@rba.gov.au), Reserve Bank of Australia, Australia; and Anthony RushDiscussant: Cheryl Long (Colgate University)

E7E7E7E7 AgriculturalAgriculturalAgriculturalAgricultural SupplySupplySupplySupply andandandand ProductivityProductivityProductivityProductivity inininin ChinaChinaChinaChina

Chair: You-gen Li (Chongqing Jiaotong University)

[1][1][1][1] ““““TradeTradeTradeTrade Liberalization,Liberalization,Liberalization,Liberalization, DomesticDomesticDomesticDomestic InputInputInputInput andandandand SustainabilitySustainabilitySustainabilitySustainability ofofofof AgriculturalAgriculturalAgriculturalAgricultural TFPTFPTFPTFP Growth:Growth:Growth:Growth: AAAA

NewNewNewNew PerspectivePerspectivePerspectivePerspective BasedBasedBasedBased onononon TFPTFPTFPTFPgrowthgrowthgrowthgrowth StructureStructureStructureStructure””””

HongHongHongHongWeiWeiWeiWei (spc99@sina.com), Nanjing Forestry University, China; and Lijuan CaoDiscussant: You-gen Li (Chongqing Jiaotong University)

[2][2][2][2] ““““DesigningDesigningDesigningDesigning thethethethe PeasantPeasantPeasantPeasantWorkerWorkerWorkerWorker’’’’ssss PensionPensionPensionPension InsuranceInsuranceInsuranceInsurance ModelModelModelModel””””

You-genYou-genYou-genYou-gen LiLiLiLi (cqliyg@yahoo.com.cn), Chongqing Jiaotong University, China

Discussant: Lili Jia (Leibniz Institute)[3][3][3][3] ““““HowHowHowHow LLLLandandandand FFFFragmentationragmentationragmentationragmentationAAAAffectsffectsffectsffects AAAAgriculturalgriculturalgriculturalgricultural LLLLaboraboraborabor PPPProductivity:roductivity:roductivity:roductivity: EEEEvidencevidencevidencevidence fromfromfromfrom ChinaChinaChinaChina””””

LiliLiliLiliLili JiaJiaJiaJia (jll330@gmail.com), Leibniz Institute of Agricultural Development in Central andEastern Europe; and Martin PetrickDiscussant: Hong Wei (Nanjing Forestry University)

E8E8E8E8 ChinaChinaChinaChina andandandand GlobalizationGlobalizationGlobalizationGlobalization

Chair: Huiwen Lai (Hong Kong Polytechnic University)

[1][1][1][1] ““““ProcessingProcessingProcessingProcessing vs.vs.vs.vs. OrdinaryOrdinaryOrdinaryOrdinary Trade:Trade:Trade:Trade: EmpiricalEmpiricalEmpiricalEmpirical EvidenceEvidenceEvidenceEvidence onononon thethethethe SortingSortingSortingSorting ofofofof FirmsFirmsFirmsFirms andandandand ProductsProductsProductsProducts””””

HuiwenHuiwenHuiwenHuiwen LaiLaiLaiLai (huiwenlai@hotmail.com), Hong Kong Polytechnic University, Hong Kong; Ying Geand Susan Chun ZhuDiscussant: Xiding Chen (Xiamen University)

[2][2][2][2] ““““WithWithWithWith EconomicEconomicEconomicEconomic Integration,Integration,Integration,Integration, ComesComesComesComes FinancialFinancialFinancialFinancial Contagion?Contagion?Contagion?Contagion? EvidenceEvidenceEvidenceEvidence fromfromfromfromChinaChinaChinaChina””””

JiaxingJiaxingJiaxingJiaxing YouYouYouYou (micki_q@hotmail.com), Xiamen University, China; and Du GuqianDiscussant: Xiangzhi Kong (Remin University of China)

[3][3][3][3] ““““TheTheTheThe ImpactImpactImpactImpact ofofofof GlobalGlobalGlobalGlobal FinancialFinancialFinancialFinancial CrisisCrisisCrisisCrisis onononon thethethethe TradeTradeTradeTrade ofofofofAgriculturalAgriculturalAgriculturalAgricultural ProductsProductsProductsProducts inininin ChinaChinaChinaChina””””

XiangzhiXiangzhiXiangzhiXiangzhi KongKongKongKong (zzandcc@126.com), Renmin University of China, China; and Zhong Zhen

Discussant: Huiwen Lai (Hong Kong Polytechnic University)[4][4][4][4] ““““TheTheTheThe DeterminantsDeterminantsDeterminantsDeterminants ofofofof InternetInternetInternetInternet Penetration:Penetration:Penetration:Penetration:AAAACross-CityCross-CityCross-CityCross-CityAnalysisAnalysisAnalysisAnalysis ofofofof ChinaChinaChinaChina””””

XidingXidingXidingXiding ChenChenChenChen (xidingchen@qq.com), Xiamen University, China; Gong Chen and Fangfang ZhangDiscussant: Jiaxing Hou (Xiamen University)

E9E9E9E9 EconomicEconomicEconomicEconomic IssuesIssuesIssuesIssues ofofofof TaiwanTaiwanTaiwanTaiwan andandandand HongHongHongHong KongKongKongKong

Chair: Jang C. Jin (Chinese University of Hong Kong)

[1][1][1][1] ““““EstimatingEstimatingEstimatingEstimating thethethethe ConsumersConsumersConsumersConsumers’’’’ BenefitsBenefitsBenefitsBenefits ofofofof thethethethe DemandDemandDemandDemand forforforfor OrganicOrganicOrganicOrganic FreshFreshFreshFresh MilkMilkMilkMilk inininin TaiwanTaiwanTaiwanTaiwan””””

Chin-HuangChin-HuangChin-HuangChin-Huang HuangHuangHuangHuang (hch55@ntcpe.edu.tw), National Taiwan College of Physical Education,Taiwan; and Yen-Hsiang HuangDiscussant: Kuo-chun Yeh (National Chung Cheng University)

[2][2][2][2] ““““MagnitudeMagnitudeMagnitudeMagnitude andandandand VolatilityVolatilityVolatilityVolatility ofofofof Taiwan'sTaiwan'sTaiwan'sTaiwan's NetNetNetNet ForeignForeignForeignForeignAssetsAssetsAssetsAssets againstagainstagainstagainst China:China:China:China: 1981-20091981-20091981-20091981-2009””””

Kuo-chunKuo-chunKuo-chunKuo-chun YehYehYehYeh (ecdkcy@ccu.edu.tw), National Chung Cheng University, Taiwan; and Tai-KuangHoDiscussant: Chin-Huang Huang (National Taiwan College of Physical Education)

[3][3][3][3] ““““IntellectualIntellectualIntellectualIntellectual PropertyPropertyPropertyProperty EnforcementEnforcementEnforcementEnforcement inininin thethethethe InternetInternetInternetInternet Era:Era:Era:Era: EvidenceEvidenceEvidenceEvidence fromfromfromfrom MicrosoftMicrosoftMicrosoftMicrosoft OfficeOfficeOfficeOffice inininin

HongHongHongHong KongKongKongKong””””

TinTinTinTin CheukCheukCheukCheuk LeungLeungLeungLeung (tleung@cuhk.edu.hk), Chinese University of Hong Kong, Hong KongDiscussant: Jang C. Jin (Chinese University of Hong Kong)

[4][4][4][4] ““““TheTheTheThe EffectsEffectsEffectsEffects ofofofof TourismTourismTourismTourism onononon EconomicEconomicEconomicEconomic GrowthGrowthGrowthGrowth inininin aaaa LessLessLessLess EndowedEndowedEndowedEndowed DestinationDestinationDestinationDestination inininin Nature:Nature:Nature:Nature:

EvidenceEvidenceEvidenceEvidence fromfromfromfromHongHongHongHong KongKongKongKong””””

JangJangJangJang CCCC JinJinJinJin (jcjin@cuhk.edu.hk), Chinese University of Hong Kong, Hong Kong

Discussant: Tin Cheuk Leung (Chinese University of Hong Kong)

E10E10E10E10 LaborLaborLaborLabor andandandandWagesWagesWagesWages inininin GreaterGreaterGreaterGreater ChinaChinaChinaChina

Chair: Chu-Ping Lo (National Taiwan University)

[1][1][1][1] ““““WageWageWageWage InequalityInequalityInequalityInequality amongamongamongamong ChineseChineseChineseChinese Provinces,Provinces,Provinces,Provinces, 1993-20071993-20071993-20071993-2007””””

FlorenFlorenFlorenFlorencececece BouvetBouvetBouvetBouvet (maa@sandiego.edu), Sonoma State University, USA; and Alyson C. MaDiscussant: Nan Jia (Southwest University of Finance and Economics)

[2][2][2][2] ““““EmploymentEmploymentEmploymentEmployment ProtectionProtectionProtectionProtection andandandandWagesWagesWagesWages””””

Yen-LingYen-LingYen-LingYen-Ling LinLinLinLin (yenling@mail.tku.edu.tw), Tamkang University, TaiwanDiscussant: Chu-Ping Lo (National Taiwan University)

[3][3][3][3] ““““EconomicEconomicEconomicEconomic TransitionTransitionTransitionTransition andandandand thethethethe MotherhoodMotherhoodMotherhoodMotherhood WageWageWageWage PenaltyPenaltyPenaltyPenalty inininin UrbanUrbanUrbanUrban China:China:China:China: AnAnAnAn InvestigationInvestigationInvestigationInvestigation

UsingUsingUsingUsing PanelPanelPanelPanel DataDataDataData””””

NanNanNanNan JiaJiaJiaJia (jianancandy@swufe.edu.cn), Southwestern University of Finance and Economics, China;

and Xiaoyuan DongDiscussant: Florence Bouvet (Sonoma State University)

[4][4][4][4] ““““WillWillWillWill aaaa FreeFreeFreeFree TradeTradeTradeTradeAgreementAgreementAgreementAgreement withwithwithwith ChinaChinaChinaChina HurtHurtHurtHurt UnskilledUnskilledUnskilledUnskilled LaborLaborLaborLabor inininin Taiwan?Taiwan?Taiwan?Taiwan?””””

Chu-PingChu-PingChu-PingChu-Ping LoLoLoLo (cplo@ntu.edu.tw), National Taiwan University, Taiwan

Discussant: Yen-Ling Lin (Tamkang University)

ChineseChineseChineseChinese SessionsSessionsSessionsSessions

C1C1C1C1 IndustrialIndustrialIndustrialIndustrial EconomicsEconomicsEconomicsEconomics andandandand PolicyPolicyPolicyPolicy

Chair: Feitao Jiang (Chinese Academy of Social Sciences)

Venue: Room 2 (19F) Jiageng Building-3

[1][1][1][1] ““““ExtendedExtendedExtendedExtended ProducerProducerProducerProducer Responsibility,Responsibility,Responsibility,Responsibility, WasteWasteWasteWaste RecyclingRecyclingRecyclingRecycling andandandand PoliciesPoliciesPoliciesPolicies Selection:Selection:Selection:Selection: AAAAnnnn AnalysisAnalysisAnalysisAnalysis

BasedBasedBasedBased onononon ProductProductProductProduct LifeLifeLifeLife””””

GuangshengGuangshengGuangshengGuangsheng SunSunSunSun (sun_gsh@126.com), Northeastern University, China

Discussant: Yong Li (Northwestern University)[2][2][2][2] ““““DisparitiesDisparitiesDisparitiesDisparities ofofofof RegionalRegionalRegionalRegional ProductiveProductiveProductiveProductive ServiceServiceServiceService DevelopmentDevelopmentDevelopmentDevelopment inininin China:China:China:China: AAAA StudyStudyStudyStudy BasedBasedBasedBased onononon thethethethe

TheoryTheoryTheoryTheory ofofofof DivisionDivisionDivisionDivision ofofofof LaborLaborLaborLabor andandandand DecompositionDecompositionDecompositionDecompositionMethodMethodMethodMethod ofofofof ShapleyShapleyShapleyShapley ValueValueValueValue””””

YongYongYongYong LiLiLiLi (lyly-666@163.com), Northwestern University, ChinaDiscussant: Feitao Jiang (Chinese Academy of Social Sciences)

[3][3][3][3] ““““PredatoryPredatoryPredatoryPredatory PricingPricingPricingPricing underunderunderunder DifferentDifferentDifferentDifferentAdvancingAdvancingAdvancingAdvancing TimeTimeTimeTime ofofofof NewNewNewNew GenerationGenerationGenerationGeneration ProductionProductionProductionProduction LineLineLineLine””””

HsuehHsuehHsuehHsueh JenJenJenJen HsuHsuHsuHsu (ibhjhsu@saturn.yzu.edu.tw), Yuan Ze University, TaiwanDiscussant: Guangsheng Sun (Northwestern University)

[4][4][4][4] ““““MarketMarketMarketMarket InterventionInterventionInterventionIntervention andandandand CompetitionCompetitionCompetitionCompetition Restriction:Restriction:Restriction:Restriction: thethethethe OrientationOrientationOrientationOrientation andandandand ProblemsProblemsProblemsProblems ofofofof

China'sChina'sChina'sChina's IIIIndustrialndustrialndustrialndustrial PolicyPolicyPolicyPolicy””””

FeitaoFeitaoFeitaoFeitao JiangJiangJiangJiang (jiangfeitao@163.com), Chinese Academy of Social Sciences, China; and Xiaoping

LiDiscussant: Hsueh Jen Hsu (Yuan Ze University)

C2C2C2C2 RealRealRealReal EstateEstateEstateEstate andandandand StockStockStockStockMarketsMarketsMarketsMarkets

Chair: Shihe Fu (Southwestern University of Finance and Economics)

[1][1][1][1] ““““AnalysisAnalysisAnalysisAnalysis onononon thethethethe InfluenceInfluenceInfluenceInfluence ofofofof AgeAgeAgeAge CompositionCompositionCompositionComposition onononon RealRealRealReal EstateEstateEstateEstate MarketMarketMarketMarket DemandDemandDemandDemand BasedBasedBasedBased onononon

GrayGrayGrayGray TheoryTheoryTheoryTheory””””

ChenChenChenChen XieXieXieXie (xiechenxie@126.com), Beijing Institute of Information Control, ChinaDiscussant: Zhenfa Xie (Xiamen University)

[2][2][2][2] ““““OnOnOnOn thethethethe ModelsModelsModelsModels ofofofof thethethethe UrbanUrbanUrbanUrban HousingHousingHousingHousing SupplySupplySupplySupply inininin China:China:China:China:AnAnAnAn InformationInformationInformationInformation ScreeningScreeningScreeningScreeningModelModelModelModel””””

ZhenfaZhenfaZhenfaZhenfa XieXieXieXie (xzf@xmu.edu.cn), Xiamen University, China; Tingting Ye, Li Yang, and Shuhua Hong

Discussant: Chen Xie (Beijing Institute of Information Control)[3][3][3][3]““““TheTheTheThe InterplayInterplayInterplayInterplay amongamongamongamong ChinaChinaChinaChina’’’’ssss A-SharesA-SharesA-SharesA-Shares Market,Market,Market,Market, USUSUSUS StockStockStockStock MarketMarketMarketMarket andandandand HKHKHKHK StockStockStockStock MarketMarketMarketMarket inininin

InformationInformationInformationInformation SpilloverSpilloverSpilloverSpillover””””

HongquanHongquanHongquanHongquan LiLiLiLi (lhquan2000@126.com), Hunan Normal University, China; Yongmiao Hong, andShouyang WangDiscussant: Shihe Fu (Southwestern University of Finance and Economics)

[4][4][4][4]““““CommonalityCommonalityCommonalityCommonality inininin LiquidityLiquidityLiquidityLiquidity andandandand InstitutionalInstitutionalInstitutionalInstitutional InvestorInvestorInvestorInvestor’’’’ssss MarketMarketMarketMarket StabilityStabilityStabilityStability inininin ChineseChineseChineseChinese StockStockStockStock

MarketMarketMarketMarket””””

XiaoboXiaoboXiaoboXiaobo NingNingNingNing (scorpionumber@126.com), Xiamen University, China; and Chen GuojinDiscussant: Hongquan Li (Hunan Normal University)

[5][5][5][5] ““““TestingTestingTestingTesting LocalLocalLocalLocal ComovementComovementComovementComovement ofofofof StockStockStockStock Returns:Returns:Returns:Returns: LocalLocalLocalLocal BiasBiasBiasBias ororororAgglomerationAgglomerationAgglomerationAgglomeration Economies?Economies?Economies?Economies?””””

ShiheShiheShiheShihe FuFuFuFu (fush@swufeedu.cn), Southwestern University of Finance and Economics, China; andLiwei ShanDiscussant: Haomiao Zuo (Xiamen University)

[6][6][6][6] ““““StockStockStockStock PricePricePricePrice andandandand MoneyMoneyMoneyMoney DemandDemandDemandDemand inininin China:China:China:China: AAAA SmoothSmoothSmoothSmooth Time-VaryingTime-VaryingTime-VaryingTime-Varying CointegrationCointegrationCointegrationCointegration

ApproachApproachApproachApproach””””

HaomiaoHaomiaoHaomiaoHaomiao ZuoZuoZuoZuo (zuohaomiao@gmail.com), Xiamen University, China; and Sung Y. ParkDiscussant: Xiaobo Ning (Xiamen University)

C3C3C3C3 HouseholdHouseholdHouseholdHousehold ConsumptionConsumptionConsumptionConsumption andandandand HealthHealthHealthHealth

Chair: Min Gong (Xiamen University)

[1][1][1][1] ““““IncomeIncomeIncomeIncome InequalityInequalityInequalityInequality andandandand IndividualIndividualIndividualIndividual HealthHealthHealthHealth inininin UrbanUrbanUrbanUrban China:China:China:China: AnAnAnAn AnalysisAnalysisAnalysisAnalysis BasedBasedBasedBased onononon MMMMicroicroicroicro

SSSSurveyurveyurveyurvey DDDDataataataata ofofofof NNNNineineineine CitiesCitiesCitiesCities””””

ShaoyangShaoyangShaoyangShaoyang ZhaoZhaoZhaoZhao (zhaoshaoyang1@163.com), Southwestern University of Finance and Economics,China; Wenbin Zang, and Gordon Liu

Discussant: Qiang Li (Southwestern University of Finance and Economics)[2][2][2][2] ““““EmpiricalEmpiricalEmpiricalEmpirical AnalysisAnalysisAnalysisAnalysis ofofofof thethethethe RelationshipRelationshipRelationshipRelationship betweenbetweenbetweenbetween ICSICSICSICS andandandand RetailRetailRetailRetail SalesSalesSalesSales ofofofof SocialSocialSocialSocial ConsumerConsumerConsumerConsumer

GoodsGoodsGoodsGoods IndexIndexIndexIndex BasedBasedBasedBased onononon GM(1,1)GM(1,1)GM(1,1)GM(1,1) ModelModelModelModel””””

HongyingHongyingHongyingHongying SunSunSunSun (gzhnlxr1@163.com), ZhongKai University of Agriculture and Technology, China;

and Xiangrong LiuDiscussant: Wenbin Zang (Southwestern Economics of Finance and Economics)

[3][3][3][3] ““““FiscalFiscalFiscalFiscal PolicyPolicyPolicyPolicy andandandand ResidentialResidentialResidentialResidential ConsumptionConsumptionConsumptionConsumption inininin China:China:China:China: AnAnAnAn AnalysisAnalysisAnalysisAnalysis fromfromfromfrom thethethethe PerspectivePerspectivePerspectivePerspective ofofofof

SpatialSpatialSpatialSpatial DifferentiationDifferentiationDifferentiationDifferentiation””””

WeiWeiWeiWei HuangHuangHuangHuang (W.Huang@soton.ac.uk), University of Southampton,UKDiscussant: Shaoyang Zhao (Southwest University of Finance and Economics)

[4][4][4][4] ““““TheTheTheThe ImpactImpactImpactImpact ofofofof UrbanUrbanUrbanUrban ResidentResidentResidentResident BasicBasicBasicBasic MedicalMedicalMedicalMedical InsuranceInsuranceInsuranceInsurance onononon HouseholdHouseholdHouseholdHousehold CCCConsumptiononsumptiononsumptiononsumption””””

WenbinWenbinWenbinWenbin ZangZangZangZang (zangwenbin@swufe.edu.cn), Southwestern University of Finance and Economics,China; Guoen Liu, Fei Xu, and Shuang MaDiscussant: Ming Gong (Xiamen University)

[5][5][5][5] ““““HighHighHighHigh CapitalCapitalCapitalCapital ShareShareShareShare andandandand LowLowLowLow ConsumptionConsumptionConsumptionConsumption RatioRatioRatioRatio inininin China:China:China:China: AnAnAnAn ExplanationExplanationExplanationExplanation BasedBasedBasedBased onononon

DynamicDynamicDynamicDynamic GeneralGeneralGeneralGeneral EquilibriumEquilibriumEquilibriumEquilibrium andandandand CalibrationCalibrationCalibrationCalibration””””

MinMinMinMin GongGongGongGong (mingong2008@gmail.com), Xiamen University, ChinaDiscussant: Wei Huang (University of Southampton)

[6][6][6][6] ““““TheTheTheThe HealthHealthHealthHealth ofofofof Left-behindLeft-behindLeft-behindLeft-behind ChildrenChildrenChildrenChildren inininin RuralRuralRuralRural ChinaChinaChinaChina””””

QiangQiangQiangQiang LiLiLiLi (qiangliriem@gmail.com), Southwestern University of Finance and Economics, China

Discussant: Hongying Sun (ZhongKai University of Agriculture and Technology)

12:30pm12:30pm12:30pm12:30pm GatherGatherGatherGather atatatat thethethethe FrontFrontFrontFront GateGateGateGate ofofofof ScienceScienceScienceScience andandandandArtsArtsArtsArts CenterCenterCenterCenter

12:45pm-2:15pm12:45pm-2:15pm12:45pm-2:15pm12:45pm-2:15pmWelcomeWelcomeWelcomeWelcome BanquetBanquetBanquetBanquet bybybyby XiamenXiamenXiamenXiamen MunicipleMunicipleMunicipleMuniciple GovernmentGovernmentGovernmentGovernment atatatat SeaviewSeaviewSeaviewSeaview ResortResortResortResort onononon

thethethethe RingRingRingRing RoadRoadRoadRoad

2:2:2:2:33330pm-0pm-0pm-0pm-4444::::00000pm0pm0pm0pmKeynoteKeynoteKeynoteKeynote SessionSessionSessionSession IIIIIIII

Chair: Zhiqi Chen ( Carleton University & Xiamen University)

Venue: Concert Hall (2F) of Science and Arts Center

• EricEricEricEric MaskinMaskinMaskinMaskin (Nobel Laureate, Institute for Advanced Study at Princeton University),““““FinancialFinancialFinancialFinancial Crises:Crises:Crises:Crises:WhyWhyWhyWhy TheyTheyTheyThey OccurOccurOccurOccur andandandandWhatWhatWhatWhat totototo DoDoDoDo aboutaboutaboutabout ThemThemThemThem””””

• LuolingLuolingLuolingLuolingWangWangWangWang (Chinese Academy of Social Sciences), ““““MacroeconomicMacroeconomicMacroeconomicMacroeconomic IssuesIssuesIssuesIssues””””

2:2:2:2:33330pm-0pm-0pm-0pm-4444::::00000000pmpmpmpm ElsevierElsevierElsevierElsevier AuthorAuthorAuthorAuthorWorkshopWorkshopWorkshopWorkshop ““““HowHowHowHow totototo PreparePreparePreparePrepare ManuscriptsManuscriptsManuscriptsManuscripts forforforfor InternationalInternationalInternationalInternationalJournalsJournalsJournalsJournals””””

Chair: Belton Fleisher (Ohio State University)

Venue: Multifunction Hall (1F) of Science and Arts Center

PhilipPhilipPhilipPhilip H.H.H.H. BrownBrownBrownBrown (Colby College, USA), Co-editor of China Economic ReviewBeltonBeltonBeltonBeltonM.M.M.M. FleisherFleisherFleisherFleisher (Ohio State University, USA), Executive Editor of China Economic ReviewDennisDennisDennisDennis YangYangYangYang (Chinese University of Hong Kong, Hong Kong), Editorial Board Member of ChinaEconomic ReviewXiaoboXiaoboXiaoboXiaobo ZhangZhangZhangZhang (International Food Policy Research Institute, USA), Co-editor of China EconomicReview

4444::::00000pm-4:0pm-4:0pm-4:0pm-4:33330pm0pm0pm0pm CoffeeCoffeeCoffeeCoffee BreakBreakBreakBreak

4:4:4:4:33330pm-6:0pm-6:0pm-6:0pm-6:33330pm0pm0pm0pm ParallelParallelParallelParallel SessionsSessionsSessionsSessions

E11E11E11E11 Family,Family,Family,Family, MarriageMarriageMarriageMarriage andandandand LaborLaborLaborLaborMarketMarketMarketMarket inininin ChinaChinaChinaChina

Chair: Junsen Zhang (Chinese University of Hong Kong)

[1][1][1][1] ““““AccessAccessAccessAccess totototo HigherHigherHigherHigher EducationEducationEducationEducation andandandand Inequality:Inequality:Inequality:Inequality: TheTheTheThe ChineseChineseChineseChinese ExperimentExperimentExperimentExperiment””””BeltonBeltonBeltonBelton M.M.M.M. FleisherFleisherFleisherFleisher (fleisher@econ.ohio-state.edu), Ohio State University; Xiaojun Wang,Haizheng Li, and Shi Li

Discussant: Dennis Tao Yang (Chinese University of Hong Kong)[2][2][2][2] ““““AccountingAccountingAccountingAccounting forforforfor RisingRisingRisingRisingWagesWagesWagesWages inininin ChinaChinaChinaChina””””

DennisDennisDennisDennis TaoTaoTaoTao YangYangYangYang (deyang@cuhk.edu.hk), Chinese University of Hong Kong; Suqin Ge

Discussant: Avraham Ebenstein (Hebrew University of Jerusalem)[3][3][3][3] ““““UltrasoundUltrasoundUltrasoundUltrasound inininin China:China:China:China: TechnologyTechnologyTechnologyTechnologyAdoptionAdoptionAdoptionAdoption andandandand itsitsitsits ConsequencesConsequencesConsequencesConsequences”

AvrahamAvrahamAvrahamAvraham EbensteinEbensteinEbensteinEbenstein (ebenstein@mscc.huji.ac.il), Hebrew University of Jerusalem, Israel;Hongbin Li and Lingsheng MengDiscussant: Junjian Yi (Chinese University of Hong Kong)

[4][4][4][4] ““““EarlyEarlyEarlyEarly HealthHealthHealthHealth Shocks,Shocks,Shocks,Shocks, ParentalParentalParentalParental Responses,Responses,Responses,Responses, andandandand ChildChildChildChild OutcomesOutcomesOutcomesOutcomes””””

JunjianJunjianJunjianJunjian YiYiYiYi (jack.cuhk@gmail.com) Chinese University of Hong Kong, Hong Kong; GabriellaConti, James J. Heckman, and Junsen ZhangDiscussant: Belton M. Fleisher (Ohio State University)

E12E12E12E12 FoodFoodFoodFood SafetySafetySafetySafety IssuesIssuesIssuesIssues forforforfor ConsumersConsumersConsumersConsumers andandandand ProducersProducersProducersProducers

Chair: H. Holly Wang (Purdue University)

[1][1][1][1] ““““RoleRoleRoleRole ofofofof Small-ScaleSmall-ScaleSmall-ScaleSmall-Scale ProducersProducersProducersProducers inininin ChinaChinaChinaChina’’’’ssss PorkPorkPorkPork andandandand DairyDairyDairyDairy Markets:Markets:Markets:Markets: EvidenceEvidenceEvidenceEvidence fromfromfromfrom aaaaSurveySurveySurveySurvey inininin JiangsuJiangsuJiangsuJiangsu andandandand ShaanxiShaanxiShaanxiShaanxi””””QingbinQingbinQingbinQingbin WangWangWangWang (qwang@uvm.edu), University of Vermont, USA; Guangxuan Zhang, and GangNiuDiscussant: Pei Xu (State University of New York at Morrisville)

[2][2][2][2] ““““MeasuringMeasuringMeasuringMeasuring HeterogeneityHeterogeneityHeterogeneityHeterogeneity inininin ConsumerConsumerConsumerConsumer PreferencesPreferencesPreferencesPreferences forforforfor SelectSelectSelectSelect FoodFoodFoodFood SafetySafetySafetySafety AttributesAttributesAttributesAttributes inininin

ChinaChinaChinaChina””””H.H.H.H. HollyHollyHollyHolly WangWangWangWang (wanghong@purdue.edu), Purdue University, USA; David L. Ortega, LapingWu, Junfei Bai, and Nicole OlynkDiscussant: Qingbin Wang (University of Vermont)

[3][3][3][3] ““““FactorsFactorsFactorsFactorsAffectingAffectingAffectingAffecting ChineseChineseChineseChinese ConsumersConsumersConsumersConsumers’’’’ PurchasePurchasePurchasePurchase ofofofof GreenGreenGreenGreen LabeledLabeledLabeledLabeled andandandand Eco-labeledEco-labeledEco-labeledEco-labeled Seafood:Seafood:Seafood:Seafood:SurveySurveySurveySurvey ResultsResultsResultsResults fromfromfromfrom Beijing,Beijing,Beijing,Beijing, ChinaChinaChinaChina””””PeiPeiPeiPei XuXuXuXu (xup@morrisville.edu), State University of New York at Morrisville, USA; Yinchu Zeng,Quentin Fong and Yuanyuan LiuDiscussant: Junfei Bai (Chinese Academy of Sciences)

[4][4][4][4] ““““Willingness-To-PayWillingness-To-PayWillingness-To-PayWillingness-To-Pay forforforfor FoodFoodFoodFood TraceabilityTraceabilityTraceabilityTraceability uuuundernderndernderAsymmetricAsymmetricAsymmetricAsymmetric InformationInformationInformationInformation””””CaipingCaipingCaipingCaiping ZhangZhangZhangZhang (caipingzhang@gmail.com), Central University of Finance and Economics,China; Junfei Bai, Thomas I. Wahl, and Jikun HuangDiscussant: Bryan Lohmar (Bunge)

E13E13E13E13 ExperimentalExperimentalExperimentalExperimental EconomicsEconomicsEconomicsEconomics II:II:II:II:AllocationAllocationAllocationAllocation viaviaviavia PricingPricingPricingPricing MechanismsMechanismsMechanismsMechanisms

Chair: Jason Shachat (Xiamen University)

[1][1][1][1] ““““WhenWhenWhenWhen WorkersWorkersWorkersWorkers DoDoDoDo NotNotNotNot KnowKnowKnowKnow -------- AsymmetricAsymmetricAsymmetricAsymmetric KnowledgeKnowledgeKnowledgeKnowledge ofofofof MinimumMinimumMinimumMinimum WageWageWageWage LawsLawsLawsLaws AndAndAndAndMinimumMinimumMinimumMinimumWageWageWageWage LevelsLevelsLevelsLevels””””XianghongXianghongXianghongXianghongWangWangWangWang (shwang06g@gmail.com), Renmin University of China, ChinaDiscussant: Sudeep Ghosh (Hong Kong Polytechnic University)

[2][2][2][2] ““““WhatWhatWhatWhat PricePricePricePrice Conservatism?Conservatism?Conservatism?Conservatism?AnAnAnAn ExperimentalExperimentalExperimentalExperimentalAnalysisAnalysisAnalysisAnalysis””””SudeepSudeepSudeepSudeep GhoshGhoshGhoshGhosh (sghosh927@gmail.com), Hong Kong Polytechnic University, Hong Kong;Suresh Radhakrishnan, Bin Srinidhi, and Lixin SuDiscussant: Mun Chui (Shanghai Jiao Tong University)

[3][3][3][3] ““““SellingSellingSellingSelling MultipleMultipleMultipleMultiple UnitsUnitsUnitsUnits inininin Multi-UnitMulti-UnitMulti-UnitMulti-Unit DemandDemandDemandDemand EnvironmentEnvironmentEnvironmentEnvironment UsingUsingUsingUsing UniformUniformUniformUniform PricePricePricePrice AscendingAscendingAscendingAscendingandandandand DescendingDescendingDescendingDescendingAuctions:Auctions:Auctions:Auctions:AnAnAnAn ExperimentalExperimentalExperimentalExperimental StudyStudyStudyStudy””””MunMunMunMun ChuiChuiChuiChui (mr.chui@gmail.com), Shanghai Jiao Tong University, ChinaDiscussant: Jason Shachat (Xiamen University)

[4][4][4][4] ““““AuctioningAuctioningAuctioningAuctioning thethethethe RightRightRightRight totototo PlayPlayPlayPlay UltimatumUltimatumUltimatumUltimatum Games:Games:Games:Games: TheTheTheThe ImpactImpactImpactImpact onononon EquilibriumEquilibriumEquilibriumEquilibrium Selection,Selection,Selection,Selection,StrategicStrategicStrategicStrategic UncertaintyUncertaintyUncertaintyUncertainty andandandand thethethethe StructureStructureStructureStructure ofofofof SocialSocialSocialSocial PreferencesPreferencesPreferencesPreferences””””JasonJasonJasonJason ShachatShachatShachatShachat (Jason.shachat@gmail.com), Xiamen University, China; J. Todd SwarthoutDiscussant: Xianghong Wang (Remin University of China)

E14E14E14E14 IncomeIncomeIncomeIncome andandandand ConsumptionConsumptionConsumptionConsumption inininin RuralRuralRuralRural ChinaChinaChinaChina

Chair: Fei Yu (Colby College)

[1][1][1][1] ““““IncomeIncomeIncomeIncomeMobilityMobilityMobilityMobility ofofofof RuralRuralRuralRural HouseholdsHouseholdsHouseholdsHouseholds inininin ChinaChinaChinaChina fromfromfromfrom 1986198619861986 totototo 2006200620062006””””

WenkaiWenkaiWenkaiWenkai SunSunSunSun (sunwk@ruc.edu.cn), Renmin University of China, China; Chong-En Bai, andXianghong WangDiscussant: Nico Heerink (Wageningen University)

[2][2][2][2] ““““TaxTaxTaxTax ReductionReductionReductionReduction andandandand HHHHouseholdouseholdouseholdousehold CCCConsumptiononsumptiononsumptiononsumption andandandand IIIInvestmentnvestmentnvestmentnvestment BBBBehaviorehaviorehaviorehavior inininin RRRRuraluraluraluralAAAAreasreasreasreas””””

BinzhenBinzhenBinzhenBinzhen WuWuWuWu (wubzh@sem.tsinghua.edu.cn), Tsinghua University, China; Chong-En Bai, andXiang Ma

Discussant: Fei Yu (Colby College)[3][3][3][3] ““““DoesDoesDoesDoes ParticipatoryParticipatoryParticipatoryParticipatory WaterWaterWaterWater ManagementManagementManagementManagement ContributeContributeContributeContribute totototo SmallholderSmallholderSmallholderSmallholder Incomes?Incomes?Incomes?Incomes? EvidenceEvidenceEvidenceEvidence

fromfromfromfromMinleMinleMinleMinle County,County,County,County, GansuGansuGansuGansu Province,Province,Province,Province, P.R.P.R.P.R.P.R. ChinaChinaChinaChina””””

NicoNicoNicoNico HeerinkHeerinkHeerinkHeerink (nico.heerink@wur.nl), Wageningen University, Netherland; Koen Leuveld, and

Wei QuDiscussant: Wenkai Sun (Renmin University of China)

[4][4][4][4] ““““EstimatingEstimatingEstimatingEstimating WillingnessWillingnessWillingnessWillingness totototo PayPayPayPay forforforfor ImprovedImprovedImprovedImproved StovesStovesStovesStoves inininin RuralRuralRuralRural ChinaChinaChinaChina UsingUsingUsingUsing AvertingAvertingAvertingAverting

BehaviorBehaviorBehaviorBehaviorMethodMethodMethodMethod””””

FeiFeiFeiFei YuYuYuYu (feiyu@colby.edu), Colby College, USADiscussant: Binzhen Wu (Tsinghua University)

E15E15E15E15 ExchangeExchangeExchangeExchange RatesRatesRatesRates andandandand FinancialFinancialFinancialFinancial CrisCrisCrisCriseseseses

Chair: Xun Pomponio (St. Olaf College）

[1][1][1][1] ““““RealRealRealReal ExchangeExchangeExchangeExchange RRRRateateateate andandandand EconomicEconomicEconomicEconomic GGGGrowth:rowth:rowth:rowth: EvidenceEvidenceEvidenceEvidence fromfromfromfromChineseChineseChineseChinese PPPProvincesrovincesrovincesrovinces””””

JinzhaoJinzhaoJinzhaoJinzhao ChenChenChenChen (jinzhao.chen@u-paris10.fr), University of Paris West - Nanterre la Défense,France

Discussant: Xun Pomponio (St. Olaf College）[2][2][2][2] ““““AAAA TheoreticalTheoreticalTheoreticalTheoretical FrameworkFrameworkFrameworkFramework forforforfor MultilateralMultilateralMultilateralMultilateral ExchangeExchangeExchangeExchange RateRateRateRate Pass-ThroughPass-ThroughPass-ThroughPass-Through EffectsEffectsEffectsEffects onononon MNCsMNCsMNCsMNCs’’’’

ExportExportExportExport PricePricePricePrice””””

WenliWenliWenliWenli SunSunSunSun (sunwl99@hotmail.com), Beijing Foreign Studies University; Xiaoguang Wu, andDapeng Yang

Discussant: Jinzhao Chen (University of Paris West)[3][3][3][3] ““““USUSUSUS FinancialFinancialFinancialFinancial Crisis:Crisis:Crisis:Crisis: LessonsLessonsLessonsLessons forforforfor ChinaChinaChinaChina””””

XunXunXunXun PomponioPomponioPomponioPomponio (pomponio@stolaf.edu), St. Olaf College, USA; Ling Gu, and Jin DongDiscussant: Wenli Sun (Beijing Foreign Studies University)

E16E16E16E16 FinancialFinancialFinancialFinancial CrisisCrisisCrisisCrisis andandandand ContagionContagionContagionContagion

Chair: Jipeng Zhang (University of Pittsburgh)

[1][1][1][1] ““““OnOnOnOn thethethethe RoleRoleRoleRole ofofofof FinancialFinancialFinancialFinancial SectorSectorSectorSector ShocksShocksShocksShocks totototoAggregateAggregateAggregateAggregate FluctuationsFluctuationsFluctuationsFluctuations””””

HongruHongruHongruHongru ZhangZhangZhangZhang (zhanghongru@hotmail.co.uk), Cardiff Business School, UK

Discussant: Fanglin Shen (Kent State University)[2][2][2][2] ““““InterstateInterstateInterstateInterstate HomeHomeHomeHomeMorgageMorgageMorgageMorgage LendingLendingLendingLending andandandand SubprimeSubprimeSubprimeSubprime CrisisCrisisCrisisCrisis””””

JipengJipengJipengJipeng ZhangZhangZhangZhang (jiz44@pitt.edu), University of Pittsburgh, USA; and Yilan XuDiscussant: Hongru Zhang (Cardiff Business School)

[3][3][3][3] ““““GlobalGlobalGlobalGlobal SSSStocktocktocktock MMMMarketarketarketarket LLLLinkageinkageinkageinkage SSSStability:tability:tability:tability: EvidenceEvidenceEvidenceEvidence fromfromfromfrom IIIImpliedmpliedmpliedmplied VVVVolatilityolatilityolatilityolatility andandandand RRRRealizedealizedealizedealized

VVVVolatilityolatilityolatilityolatility””””

FanglinFanglinFanglinFanglin ShenShenShenShen (fshen@kent.edu), Kent State University, USA; and Liang DingDiscussant: Jipeng Zhang (University of Pittsburgh)

E17E17E17E17 IndustrialIndustrialIndustrialIndustrial OrganizationOrganizationOrganizationOrganization andandandand GameGameGameGame TheoryTheoryTheoryTheory

Chair: Brett Graham (Xiamen University)

[1][1][1][1] ““““OptimalOptimalOptimalOptimal ProductProductProductProduct DifferentiationDifferentiationDifferentiationDifferentiation inininin aaaa CircularCircularCircularCircularModelModelModelModel””””

ZhangZhangZhangZhangYiYiYiYi (charlieyichow@gmail.com), Peking University, China; Qiang Gong, and Qihong Liu

Discussant: Yafeng Wang (Southwestern University of Finance and Economics)[2][2][2][2] ““““EstimationEstimationEstimationEstimation ofofofof DiscreteDiscreteDiscreteDiscrete SequentialSequentialSequentialSequential MoveMoveMoveMove GamesGamesGamesGames ofofofof PerfectPerfectPerfectPerfect InformationInformationInformationInformation””””

YafengYafengYafengYafengWangWangWangWang (econyfwang@gmail.com), Xiamen University, China; and Brett Graham

Discussant: Zhang Yi (Peking University)[3][3][3][3] ““““MonopolyMonopolyMonopolyMonopoly IIIIntermediary:ntermediary:ntermediary:ntermediary: PPPPlatformlatformlatformlatformMMMModeodeodeode ororororMMMMerchanterchanterchanterchant MMMMode?ode?ode?ode?””””

LiLiLiLi XuXuXuXu (shirleyxu@sjtu.edu.cn), Shanghai Jiao Tong University, China; and Hongmin ChenDiscussant: Brett Graham (Xiamen University)

[4][4][4][4] ““““OptimalOptimalOptimalOptimal YardstickYardstickYardstickYardstick RulesRulesRulesRules UnderUnderUnderUnder InfinitelyInfinitelyInfinitelyInfinitely RepeatedRepeatedRepeatedRepeated CompetitionCompetitionCompetitionCompetition””””

BrettBrettBrettBrett GrahamGrahamGrahamGraham (bgraham@xmu.edu.cn), Xiamen University, China; and Yafeng WangDiscussant: Li Xu (Shanghai Jiao Tong University)

E18E18E18E18 DeterminantsDeterminantsDeterminantsDeterminants ofofofof China'sChina'sChina'sChina's EconomicEconomicEconomicEconomic PerformancePerformancePerformancePerformance

Chair: Ding Sai (University of Glasgow)

[1][1][1][1] ““““DoDoDoDo IIIInstitutionsnstitutionsnstitutionsnstitutions MMMMatter?atter?atter?atter? EstimatingEstimatingEstimatingEstimating thethethethe EEEEffectffectffectffect ofofofof IIIInstituionsnstituionsnstituionsnstituions onononon EEEEconomicconomicconomicconomic PPPPerformanceerformanceerformanceerformance inininin

ChinaChinaChinaChina””””

YingYingYingYing FangFangFangFang (yifst1@gmail.com), Xiamen University, China; and Yang ZhaoDiscussant: Xiabo Zhang (International Food Policy Research Institute)

[2][2][2][2] ““““Cluster-BasedCluster-BasedCluster-BasedCluster-Based IndustrializationIndustrializationIndustrializationIndustrialization inininin ChinaChinaChinaChina””””

XiaoboXiaoboXiaoboXiaobo ZhangZhangZhangZhang (x.zhang@cgiar.org), International Food Policy Research Institute; and CherylLongDiscussant: Feng Guo (Northern Kentucky University)

[3][3][3][3] ““““HousingHousingHousingHousing LedLedLedLed GrowthGrowthGrowthGrowth HypothesisHypothesisHypothesisHypothesis Revisited:Revisited:Revisited:Revisited: EvidencesEvidencesEvidencesEvidences fromfromfromfrom thethethethe ChineseChineseChineseChinese ProvincialProvincialProvincialProvincial PanelPanelPanelPanel

DataDataDataData””””

FengFengFengFeng GuoGuoGuoGuo (guof1@nku.edu), Northern Kentucky University, USA; J. Chen, and A. ZhuDiscussant: Ding Sai (University of Glasgow)

[4][4][4][4] ““““NegativeNegativeNegativeNegative IIIInvestmentnvestmentnvestmentnvestment inininin China:China:China:China: RRRRestructuringestructuringestructuringestructuring andandandand FFFFinancinginancinginancinginancing CCCConstraintsonstraintsonstraintsonstraints versusversusversusversus GGGGrowthrowthrowthrowth””””

SaiSaiSaiSai DingDingDingDing (s.ding@lbss.gla.ac.uk), University of Glasgow, UK; Alessandra Guariglia, and JohnKnightDiscussant: Ying Fang (Xiamen University)

E19E19E19E19 RegionalRegionalRegionalRegional DevelopmentsDevelopmentsDevelopmentsDevelopments andandandand DisparitiesDisparitiesDisparitiesDisparities inininin ChinaChinaChinaChina

Chair: Kiril Tochkov (Texas Christian University)

[1][1][1][1] ““““DomesticDomesticDomesticDomestic MarketMarketMarketMarket IntegrationIntegrationIntegrationIntegration andandandand RegionalRegionalRegionalRegional EconomicEconomicEconomicEconomic GrowthGrowthGrowthGrowth ---- ChinaChinaChinaChina’’’’ssss RecentRecentRecentRecent Experience:Experience:Experience:Experience:

1995-20071995-20071995-20071995-2007””””

ShanziShanziShanziShanzi KeKeKeKe (shanzike@hotmail.com), Hunan University, China; Ming He, and Guosu Mei

Discussant: Kiril Tochkov (Texas Christian University)[2][2][2][2] ““““EstimatingEstimatingEstimatingEstimating SpilloverSpilloverSpilloverSpillover EffectsEffectsEffectsEffects ofofofof InterprovincialInterprovincialInterprovincialInterprovincial TradeTradeTradeTrade inininin ChinaChinaChinaChina””””

YongYongYongYong HHHHeeee (yong.he@u-clermont1.fr), University of Auvergne, France; and Hong Zhou

Discussant: He Qing (Renmin University of China)[3][3][3][3] ““““DoesDoesDoesDoes FinancialFinancialFinancialFinancial DeepeningDeepeningDeepeningDeepening PromotePromotePromotePromote RiskRiskRiskRisk SharingSharingSharingSharing inininin China?China?China?China?””””

HeHeHeHe QingQingQingQing (heqingpku@hotmail.com), Renmin University of China, China; Julan Du, and Oliver M.RuiDiscussant: Yong He (University of Auvergne)

[4][4][4][4] ““““SectoralSectoralSectoralSectoral EfficiencyEfficiencyEfficiencyEfficiency andandandand RegionalRegionalRegionalRegional DisparitiesDisparitiesDisparitiesDisparities inininin China,China,China,China, 1985-20021985-20021985-20021985-2002””””

KirilKirilKirilKiril TochkovTochkovTochkovTochkov (k.tochkov@tcu.edu), Texas Christian University, USADiscussant: Shanzi Ke (Hunan University)

E20E20E20E20 PublicPublicPublicPublic EconomicsEconomicsEconomicsEconomics

Chair: Guangliang Ye (Sun Yat-Sen University)

[1][1][1][1] ““““AreAreAreAre IntergovernmentalIntergovernmentalIntergovernmentalIntergovernmental TransfersTransfersTransfersTransfers inininin ChinaChinaChinaChina Equalizing?Equalizing?Equalizing?Equalizing?””””

BihongBihongBihongBihong HuangHuangHuangHuang (bhhuang@umac.mo), University of Macau, Macau; and Kang ChenDiscussant: Yang Zou (Nankai University)

[2][2][2][2] ““““TheTheTheThe RoleRoleRoleRole ofofofof PublicPublicPublicPublic SpendingSpendingSpendingSpending inininin ChinaChinaChinaChina’’’’ssss FirmFirmFirmFirm LevelLevelLevelLevel ProductionProductionProductionProduction””””

FanFanFanFan ZhangZhangZhangZhang (zhangfan_2001@yahoo.com), Peking University, ChinaDiscussant: Guangliang Ye (Sun Yat-Sen University)

[3][3][3][3] ““““AnAnAnAn EmpiricalEmpiricalEmpiricalEmpiricalAnalysisAnalysisAnalysisAnalysis onononon thethethethe DistributiveDistributiveDistributiveDistributive IncidenceIncidenceIncidenceIncidence ofofofof PublicPublicPublicPublic GoodsGoodsGoodsGoods ProvisionProvisionProvisionProvision””””

YangYangYangYang ZouZouZouZou (yzou33@nankai.edu.cn), Nankai University, ChinaDiscussant: Bihong Huang (University of Macau)

[4][4][4][4] ““““OptimalOptimalOptimalOptimal PrivatizationPrivatizationPrivatizationPrivatization inininin aaaa MixedMixedMixedMixed DuopolyDuopolyDuopolyDuopoly withwithwithwith ConsistentConsistentConsistentConsistent ConjecturesConjecturesConjecturesConjectures””””

GuangliangGuangliangGuangliangGuangliang YeYeYeYe (yegl@sysu.edu.cn), Sun Yat-Sen University, China; and John Heywood

Discussant: Fan Zhang (Peking University)

C4C4C4C4 BankingBankingBankingBanking andandandand CorporateCorporateCorporateCorporate DonationsDonationsDonationsDonations

Chair: Zhichao Yin (Southwestern University of Finance and Economics)

[1][1][1][1] ““““EfficiencyEfficiencyEfficiencyEfficiencyAnalysisAnalysisAnalysisAnalysis OnOnOnOn ChineseChineseChineseChinese CommercialCommercialCommercialCommercial BanksBanksBanksBanks””””

JianJianJianJian XueXueXueXue (xuejian.2008@126.com), Shandong University, China; Jinli Wang and Shuwen GaiDiscussant: Song Han (Renmin University of China)

[2][2][2][2] ““““EmpiricalEmpiricalEmpiricalEmpirical AnalysisAnalysisAnalysisAnalysis onononon RiskRiskRiskRisk andandandand ReturnReturnReturnReturn ofofofof GeographicGeographicGeographicGeographic DiversificationDiversificationDiversificationDiversification ofofofof SmallSmallSmallSmall andandandand

MediumMediumMediumMedium BanksBanksBanksBanks inininin ChinaChinaChinaChina””””

XiangmeiXiangmeiXiangmeiXiangmei FanFanFanFan (xmfan8552@sina.com), Hunan Normal University, China; and Xiaoyun ZhangDiscussant: Zhichao Yin (Southwestern University of Finance and Economics)

[3][3][3][3] ““““StudyStudyStudyStudy onononon ChineseChineseChineseChinese CommercialCommercialCommercialCommercial BankingBankingBankingBanking EfficiencyEfficiencyEfficiencyEfficiency andandandand FactorsFactorsFactorsFactorsAnalysisAnalysisAnalysisAnalysis””””

SongSongSongSong HanHanHanHan (hansjy@hotmail.com), Renmin University of China, China; and Wenlong JiaoDiscussant: Jian Xue (Shandong University)

[4][4][4][4] ““““CallateralCallateralCallateralCallateral andandandandAsymetricAsymetricAsymetricAsymetric InformaitonInformaitonInformaitonInformaiton inininin CreditCreditCreditCredit MarketsMarketsMarketsMarkets””””

ZhichaoZhichaoZhichaoZhichao YinYinYinYin (yzc@swufe.edu.cn), Southwestern University of Finance and Economics, China;

and Li GanDiscussant: Tonglong Zhang (Center for Chinese Agricultural Policy)

[5][5][5][5] ““““WhatWhatWhatWhat isisisis CorporateCorporateCorporateCorporate DonationsDonationsDonationsDonations’’’’ Motivation,Motivation,Motivation,Motivation, EgoismEgoismEgoismEgoism ororororAltruismAltruismAltruismAltruism””””

TonglongTonglongTonglongTonglong ZhangZhangZhangZhang (ztl3@sina.com), Center for Chinese Agricultural Policy, China

Discussant: Xiangmei Fan (Hunan Normal University)

C5C5C5C5 ExchangeExchangeExchangeExchange RatesRatesRatesRates

Chair: Ninghua Sun (Nanjing University)

[1][1][1][1] ““““EquilibriumEquilibriumEquilibriumEquilibrium RealRealRealReal ExchangeExchangeExchangeExchange RateRateRateRate ofofofof Renminbi:Renminbi:Renminbi:Renminbi: DynamicDynamicDynamicDynamic GeneralGeneralGeneralGeneral EquilibriumEquilibriumEquilibriumEquilibrium AnalysisAnalysisAnalysisAnalysis

andandandand EconometricEconometricEconometricEconometric TestTestTestTest””””

NinghuaNinghuaNinghuaNinghua SunSunSunSun (njusnh@nju.edu.cn), Nanjing University, China; Fangfang Chen, and YongmiaoHongDiscussant: Lihua Wu (Xiamen University)

[2][2][2][2] ““““AnAnAnAnAnalysisAnalysisAnalysisAnalysis ofofofof DynamicDynamicDynamicDynamic CorrelationCorrelationCorrelationCorrelation betweenbetweenbetweenbetween FutureFutureFutureFuture andandandand SpotSpotSpotSpot MarketsMarketsMarketsMarkets ofofofof RMBRMBRMBRMB””””

LihuaLihuaLihuaLihuaWuWuWuWu (wulihua@xmu.edu.cn), Xiamen University, China; Furong SongDiscussant: Lizhen Qian (Xiamen University)

[3][3][3][3] ““““HowHowHowHow totototo RestrainRestrainRestrainRestrain USUSUSUS DollarDollarDollarDollar inininin thethethethe TimeTimeTimeTime ofofofof DollarDollarDollarDollar Hegemony?Hegemony?Hegemony?Hegemony?””””

LizhenLizhenLizhenLizhen QianQianQianQian (xiaolanliluo@qq.com), Xiamen University, China; Xiaofeng LiDiscussant: Hua Chen (Xiamen University)

[4][4][4][4] ““““TraderTraderTraderTrader ExpectationExpectationExpectationExpectation Heterogeneity,Heterogeneity,Heterogeneity,Heterogeneity, EffectEffectEffectEffect ofofofof CentralCentralCentralCentral BankBankBankBank InterventionInterventionInterventionIntervention andandandand RMBRMBRMBRMB

ExchangeExchangeExchangeExchange RateRateRateRate MovementMovementMovementMovement””””

HuaHuaHuaHua ChenChenChenChen (chen.hua.walter@gmail.com), Xiamen University, China; and Xiao-feng LiDiscussant: Chuanglian Chen (Xiamen University)

[5][5][5][5] ““““TheTheTheThe RelationshipRelationshipRelationshipRelationship betweenbetweenbetweenbetween ImportImportImportImport ConsumptionConsumptionConsumptionConsumption andandandand DomesticDomesticDomesticDomestic ConsumptionConsumptionConsumptionConsumption asasasas totototo thethethethe RMBRMBRMBRMB

AppreciationAppreciationAppreciationAppreciation””””

ChuanglianChuanglianChuanglianChuanglian ChenChenChenChen (alisdent@yahoo.com.cn), Xiamen University, China; Guojin ChenDiscussant: Ninghua Sun (Nanjing University)

C6C6C6C6 RuralRuralRuralRural EconomicEconomicEconomicEconomic DevelopmentDevelopmentDevelopmentDevelopment

Chair: Wusheng Yu (University of Copenhagen)

[1][1][1][1] ““““CustomCustomCustomCustom Proto-InstitutionProto-InstitutionProto-InstitutionProto-Institution andandandand LandLandLandLand PropertyPropertyPropertyProperty Right'sRight'sRight'sRight's PovertyPovertyPovertyPoverty ofofofof RuralRuralRuralRuralWomenWomenWomenWomen””””

MingyongMingyongMingyongMingyong HongHongHongHong (hongmingyong@163.com), Guizhou University, ChinaDiscussant: Gui-Xia Qian (Inner Mongolia University)

[2][2][2][2] ““““ContradictoryContradictoryContradictoryContradictory RRRRelationshipelationshipelationshipelationship betweenbetweenbetweenbetween RRRRawawawawMMMMilkilkilkilk SSSSupplyupplyupplyupply andandandand DDDDemandemandemandemand inininin ChinaChinaChinaChina””””

Gui-Gui-Gui-Gui-XXXXiaiaiaia QianQianQianQian (gxq1021@126.com), Inner Mongolia University, China; and Jing XieDiscussant: Zhang Zheng (Peking University)

[3][3][3][3] ““““UrbanizationUrbanizationUrbanizationUrbanization ofofofof RuralRuralRuralRural ImmigrantImmigrantImmigrantImmigrant Laborers:Laborers:Laborers:Laborers: ItsItsItsIts StatusStatusStatusStatus QuoQuoQuoQuo andandandand ProspectProspectProspectProspect””””

ZhengZhengZhengZheng ZhangZhangZhangZhang (zhzheng@gsm.pku.edu.cn), Peking University, China; Xiaochun Qiao, Jing Li,and Zhengming Du

Discussant: Zhilin Huang (Xiamen University)[4][4][4][4] ““““DoesDoesDoesDoes InflationInflationInflationInflation NarrowNarrowNarrowNarrow thethethethe Urban-RuralUrban-RuralUrban-RuralUrban-Rural IncomeIncomeIncomeIncome Gap?Gap?Gap?Gap?””””

ZhilinZhilinZhilinZhilin HuangHuangHuangHuang (hzhil@163.com), Xiamen University, China; and Xiaoqiong LaiDiscussant: Wusheng Yu (University of Copenhagen)

[5][5][5][5] ““““China'sChina'sChina'sChina's AgriculturalAgriculturalAgriculturalAgricultural PolicyPolicyPolicyPolicy Transition:Transition:Transition:Transition: ImpactsImpactsImpactsImpacts ofofofof RecentRecentRecentRecent ReformsReformsReformsReforms andandandand FutureFutureFutureFuture ScenariosScenariosScenariosScenarios””””

WushengWushengWushengWusheng YuYuYuYu (wusheng@foi.dk), University of Copenhagen, Denmark

Discussant: Qilin Wang (Xiamen University)[6][6][6][6] ““““ChoicesChoicesChoicesChoices ofofofof AAAA RuralRuralRuralRural Household'sHousehold'sHousehold'sHousehold's ConsumptionConsumptionConsumptionConsumption betweenbetweenbetweenbetween PurchasedPurchasedPurchasedPurchased andandandand Self-ProducedSelf-ProducedSelf-ProducedSelf-Produced

GoodsGoodsGoodsGoods””””

QilinQilinQilinQilinWangWangWangWang (kilin2008@yeah.net), Xiamen Uinversity, China; and Kurt Klein

Discussant: Mingyong Hong (Guizhou University)

4:00pm-4:30pm4:00pm-4:30pm4:00pm-4:30pm4:00pm-4:30pm PIPIPIPI PosterPosterPosterPoster SessionSessionSessionSession IIII

Venue: Corridor (2F) of Science and Arts Center

[1][1][1][1] ““““TheTheTheThe OptimalOptimalOptimalOptimal CityCityCityCity Size:Size:Size:Size:AAAAModelModelModelModel ofofofof SpatialSpatialSpatialSpatial EconomicsEconomicsEconomicsEconomics””””

YuYuYuYu LiuLiuLiuLiu (liuyu1@gmail.com), Xiamen University, China[2][2][2][2] ““““DoesDoesDoesDoes TobinTobinTobinTobin’’’’ssss QQQQ DetermineDetermineDetermineDetermine Investment?Investment?Investment?Investment? EvidenceEvidenceEvidenceEvidence fromfromfromfrom ChineseChineseChineseChinese ListedListedListedListed CompanyCompanyCompanyCompany PanelPanelPanelPanel

DataDataDataData””””

NanmiaoNanmiaoNanmiaoNanmiao ZhuZhuZhuZhu (zhulanmiao@163.com), Southwestern University of Finance and Economics,China; and Shaoyang Zhao

[3][3][3][3] ““““FirmFirmFirmFirm Heterogeneity,Heterogeneity,Heterogeneity,Heterogeneity, OwnershipOwnershipOwnershipOwnership Structure,Structure,Structure,Structure, andandandand LaborLaborLaborLabor ShareShareShareShare””””

MinghaiMinghaiMinghaiMinghai ZhouZhouZhouZhou (hammingzmh@zju.edu.cn), Zhejiang University, China; Xiao Wen, and YaoXianguo

[4][4][4][4] ““““AnAnAnAn AAAAlternativelternativelternativelternative AAAApproachpproachpproachpproach totototo EEEEstimatestimatestimatestimate IIIImpliedmpliedmpliedmplied VVVVolatilityolatilityolatilityolatility ofofofof BSBSBSBS MMMModelodelodelodel:::: MinimizingMinimizingMinimizingMinimizing IIIImpliedmpliedmpliedmplied

HHHHedgingedgingedgingedging EEEErrorrrorrrorrror””””

YangshuYangshuYangshuYangshu LiuLiuLiuLiu (lajishu.student@sina.com), Xiamen University, China; and Zhenlong Zheng

[5][5][5][5] ““““CreditCreditCreditCredit Constraint,Constraint,Constraint,Constraint, MarginsMarginsMarginsMargins ofofofof FDIFDIFDIFDI andandandandAggregateAggregateAggregateAggregate IndustryIndustryIndustryIndustry ProductivityProductivityProductivityProductivity””””

LeiLeiLeiLei HouHouHouHou (jbgmhl@yahoo.com.cn), University of Munich, Germany & Jilin Universtiy, China; andJiarui Zhang

[6][6][6][6] ““““EvaluationEvaluationEvaluationEvaluation ofofofof MonetaryMonetaryMonetaryMonetary PolicyPolicyPolicyPolicy inininin ChinaChinaChinaChina ThroughThroughThroughThrough thethethethe NewNewNewNew KeynesianKeynesianKeynesianKeynesian ModelModelModelModel””””

BranimirBranimirBranimirBranimir JovanovicJovanovicJovanovicJovanovic (brantscho@yahoo.ca), Staffordshire University, UK; and Marjan Petreski[7][7][7][7] ““““ForecastingForecastingForecastingForecasting China'sChina'sChina'sChina's IndustrialIndustrialIndustrialIndustrial StructureStructureStructureStructure DevelopmentDevelopmentDevelopmentDevelopment BasedBasedBasedBased onononon I-OI-OI-OI-OAnalysisAnalysisAnalysisAnalysis””””

DunguoDunguoDunguoDunguo MouMouMouMou (billmmu@xmu.edu.cn), Xiamen University, China; Shenghua Cai, MengxiangFang, and Zhi Li

6:30pm6:30pm6:30pm6:30pm- GatherGatherGatherGather atatatat thethethethe FrontFrontFrontFront GateGateGateGate ofofofof ScienceScienceScienceScience andandandandArtsArtsArtsArts Center,Center,Center,Center, leaveleaveleaveleave forforforfor JinyanJinyanJinyanJinyan HotelHotelHotelHotel

7:007:007:007:00pm-8:pm-8:pm-8:pm-8:33330pm0pm0pm0pm DinnerDinnerDinnerDinner

8:00pm-9:30pm8:00pm-9:30pm8:00pm-9:30pm8:00pm-9:30pm BoatBoatBoatBoat TourTourTourTour ofofofof LuLuLuLu RiverRiverRiverRiver (A(A(A(Anightnightnightnight viewviewviewview ofofofof XiamenXiamenXiamenXiamen HarborHarborHarborHarbor andandandand City)City)City)City)(Free for all conference registrants and their family members)

8:30am-10:00am8:30am-10:00am8:30am-10:00am8:30am-10:00am KeynoteKeynoteKeynoteKeynote SessionSessionSessionSession IIIIIIIIIIII

Chair: Bruce Reynolds (University of Virginia)

Venue: Concert Hall (2F) of Science and Arts Center

• GregoryGregoryGregoryGregory ChowChowChowChow (Princeton University), ““““ImportantImportantImportantImportant LessonsLessonsLessonsLessons fromfromfromfrom StudyingStudyingStudyingStudying thethethethe ChineseChineseChineseChineseEconomyEconomyEconomyEconomy””””

• DwightDwightDwightDwight PerkinsPerkinsPerkinsPerkins (Harvard University), ““““RapidRapidRapidRapid GrowthGrowthGrowthGrowth andandandand ChangingChangingChangingChanging EconomicEconomicEconomicEconomic Structure:Structure:Structure:Structure: TheTheTheThe

ExpenditureExpenditureExpenditureExpenditure SideSideSideSide StoryStoryStoryStory andandandand itsitsitsits ImplicationsImplicationsImplicationsImplications forforforfor ChinaChinaChinaChina””””

8:30am-10:00am8:30am-10:00am8:30am-10:00am8:30am-10:00am RoundRoundRoundRound TableTableTableTable ForForForForuuuummmm onononon FinancialFinancialFinancialFinancial CoCoCoCoooooperationsperationsperationsperations aaaacrosscrosscrosscross thethethethe TaiwanTaiwanTaiwanTaiwan StraitStraitStraitStrait

Chair: Mr. Victor Kung ( President of Fubon Holdings).

Venue: Multifunction Hall (1F) of Science and Arts Center

InvitedInvitedInvitedInvited Speakers:Speakers:Speakers:Speakers:

•••• ChiChiChiChi SchiveSchiveSchiveSchive ((((Chairman of Taiwan Stock Exchange), ““““ECFAECFAECFAECFABeyondBeyondBeyondBeyond””””

•••• Min-JuhMin-JuhMin-JuhMin-Juh HwangHwangHwangHwang (Chairman of Chinese Taiwan Securities Association), ““““Taiwan'sTaiwan'sTaiwan'sTaiwan's CCCCapitalapitalapitalapital

MMMMarketarketarketarket OOOOutlookutlookutlookutlook:::: TTTThehehehe OOOOpportunitiespportunitiespportunitiespportunities andandandand CCCChallengeshallengeshallengeshallenges ofofofof SSSSecuritiesecuritiesecuritiesecurities IIIIndustryndustryndustryndustry afterafterafterafter SSSSigningigningigningigning

ECFAECFAECFAECFA””””

•••• KennethKennethKennethKenneth ShihShihShihShih (Vice Chairman of Fubon Life Insurance), ““““TheTheTheThe EstablishmentEstablishmentEstablishmentEstablishment andandandand DevelopmentDevelopmentDevelopmentDevelopmentofofofof CooperationCooperationCooperationCooperationModelModelModelModel onononon InsuranceInsuranceInsuranceInsurance IndustryIndustryIndustryIndustryAcrossAcrossAcrossAcross thethethethe TaiwanTaiwanTaiwanTaiwan StraitStraitStraitStrait””””

•••• GangGangGangGang ShyyShyyShyyShyy (Chairman of Fubon Futures), ““““FinancialFinancialFinancialFinancial MarketMarketMarketMarket inininin China:China:China:China: TheTheTheThe YearYearYearYear ofofofof 1949194919491949 ””””

10:00am-10:30am10:00am-10:30am10:00am-10:30am10:00am-10:30am CoffeeCoffeeCoffeeCoffee BreakBreakBreakBreak

10:30am-12:30pm10:30am-12:30pm10:30am-12:30pm10:30am-12:30pm ParallelParallelParallelParallel SessionsSessionsSessionsSessions

E21E21E21E21 DamsDamsDamsDams andandandand EconomicEconomicEconomicEconomic Development:Development:Development:Development: EvidenceEvidenceEvidenceEvidence fromfromfromfrom NuNuNuNu RiverRiverRiverRiver Valley,Valley,Valley,Valley, YunnanYunnanYunnanYunnan

Chair: Philip H. Brown (Colby College)

[1][1][1][1] ““““DamsDamsDamsDams andandandand DevelopmentDevelopmentDevelopmentDevelopment inininin thethethethe NuNuNuNu RiverRiverRiverRiver ValleyValleyValleyValley””””PhilipPhilipPhilipPhilip H.H.H.H. BrownBrownBrownBrown (phbrown@colby.edu), Colby College, USA

[2][2][2][2] ““““IIIInformationnformationnformationnformation FlowFlowFlowFlow andandandand VulnerabilityVulnerabilityVulnerabilityVulnerability inininin Dam-AffectedDam-AffectedDam-AffectedDam-Affected CommunitiesCommunitiesCommunitiesCommunities ininininYunnan,Yunnan,Yunnan,Yunnan, ChinaChinaChinaChina””””EricEricEricEric Foster-MooreFoster-MooreFoster-MooreFoster-Moore (fostermoore@gmail.com), Oregon State University, USA

[3][3][3][3] ““““BehavioralBehavioralBehavioralBehavioral ResponsesResponsesResponsesResponses totototo IncomeIncomeIncomeIncome ShocksShocksShocksShocks ininininYunnanYunnanYunnanYunnan””””YunYunYunYun LiLiLiLi (liyun@mail.caas.net), Chinese Academy of Agricultural Sciences, China

[4][4][4][4] ““““BehavioralBehavioralBehavioralBehavioral ResponsesResponsesResponsesResponses totototo NewNewNewNew DamDamDamDamConstructionConstructionConstructionConstruction””””PhilipPhilipPhilipPhilip H.H.H.H. BrownBrownBrownBrown (phbrown@colby.edu), Colby College, USA; Suping Shen and Qianwen Xu

[5][5][5][5] ““““TheTheTheThe RelationshipRelationshipRelationshipRelationship betweenbetweenbetweenbetween EconomicEconomicEconomicEconomic StatusStatusStatusStatus andandandand Health:Health:Health:Health: EvidenceEvidenceEvidenceEvidence fromfromfromfromYunnan,Yunnan,Yunnan,Yunnan, ChinaChinaChinaChina””””PoPoPoPoYinYinYinYinWongWongWongWong (boboensky@gmail.com), University of Maryland, USA

E22E22E22E22 Macro-FinanceMacro-FinanceMacro-FinanceMacro-Finance

Chair: Linlin Niu (Xiamen University)

[1][1][1][1] ““““MacroeconomicMacroeconomicMacroeconomicMacroeconomic FundamentalsFundamentalsFundamentalsFundamentals andandandand thethethethe ExchangeExchangeExchangeExchange RateRateRateRate Dynamics:Dynamics:Dynamics:Dynamics: AAAA No-ArbitrageNo-ArbitrageNo-ArbitrageNo-ArbitrageMacro-FinanceMacro-FinanceMacro-FinanceMacro-FinanceApproachApproachApproachApproach””””WeiweiWeiweiWeiweiWeiwei YinYinYinYin (weiweiyin.phd@gmail.com), Bocconi University, ItalyDiscussant: Linlin Niu (Xiamen University)

[2][2][2][2] ““““AAAA FrameworkFrameworkFrameworkFramework forforforfor ExtrapolationExtrapolationExtrapolationExtrapolation ofofofof Long-TermLong-TermLong-TermLong-Term InterestInterestInterestInterest RatesRatesRatesRates””””ZhuoshiZhuoshiZhuoshiZhuoshi LiuLiuLiuLiu (liuzhuoshi@hotmail.com), Barrie & Hibbert Limited, UK; David Antonio, StephenCarlin, John Hibbert, Colin Holmes, David Roseburgh, and Steffen SorensenDiscussant: Weiwei Yin (Bocconi University)

[3][3][3][3] ““““AnAnAnAnAffineAffineAffineAffine TermTermTermTerm StructureStructureStructureStructureModelModelModelModel withwithwithwithAuxiliaryAuxiliaryAuxiliaryAuxiliary StochasticStochasticStochasticStochastic Volatility-CovolatilityVolatility-CovolatilityVolatility-CovolatilityVolatility-Covolatility””””LinlinLinlinLinlinLinlin NiuNiuNiuNiu (linlin.niu@gmail.com), Xiamen UniversityDiscussant: Zhuoshi Liu, Barrie & Hibbert Limited

E23E23E23E23 Information,Information,Information,Information, CompetitionCompetitionCompetitionCompetition andandandand CompensationCompensationCompensationCompensation

Chair: C.Bram Cadsby (University of Guelph)

[1][1][1][1] “EquilibriumEquilibriumEquilibriumEquilibrium InformationInformationInformationInformation fromfromfromfromKinematicKinematicKinematicKinematic MeasurementsMeasurementsMeasurementsMeasurements inininin HumanHumanHumanHuman SubjectSubjectSubjectSubject

ExperimentsExperimentsExperimentsExperiments””””

ZhijianZhijianZhijianZhijianWangWangWangWang (wangzj@zju.edu.cn), Zhejiang University, China; and Xu BinDiscussant: Lan Yao (Shanghai University of Finance and Economics)

[2][2][2][2] ““““AmbiguousAmbiguousAmbiguousAmbiguous InformationInformationInformationInformation andandandandMarketMarketMarketMarket Entry:Entry:Entry:Entry:AnAnAnAn ExperimentalExperimentalExperimentalExperimental StudyStudyStudyStudy””””LanLanLanLan YaoYaoYaoYao (lanyaosh@gmail.com), Shanghai University of Finance and Economics, China; andJordi BrandtsDiscussant:C. Bram Cadsby (University of Guelph)

[3][3][3][3] ““““PsychologicalPsychologicalPsychologicalPsychological Incentives,Incentives,Incentives,Incentives, FinancialFinancialFinancialFinancial Incentives,Incentives,Incentives,Incentives, andandandand RiskRiskRiskRiskAttitudesAttitudesAttitudesAttitudes inininin Tournaments:Tournaments:Tournaments:Tournaments:

AnAnAnAnArtefactualArtefactualArtefactualArtefactual FieldFieldFieldField ExperimentExperimentExperimentExperiment”C.C.C.C. BramBramBramBram CadsbyCadsbyCadsbyCadsby ((((bcadsby@uoguelph.ca), University of Guelph; Jim Engle-Warnick, Tony Fang, FeiSongDiscussant: Young-Ro Yoon (Wayne State University)

[4][4][4][4] ““““StrategicStrategicStrategicStrategic DisclosureDisclosureDisclosureDisclosure ofofofof MeaningfulMeaningfulMeaningfulMeaningful InformationInformationInformationInformation withinwithinwithinwithin thethethethe EnvironmentEnvironmentEnvironmentEnvironment withwithwithwith CompetingCompetingCompetingCompeting

AgentsAgentsAgentsAgents””””

Young-RoYoung-RoYoung-RoYoung-RoYoonYoonYoonYoon (yoonyr@wayne.edu), Wayne State University, USADiscussant: Wang Zhijian, Zhejiang University (wangzj@zju.edu.cn)

E24E24E24E24 TheoriesTheoriesTheoriesTheories ofofofof DevelopmentDevelopmentDevelopmentDevelopment andandandand SocialSocialSocialSocial SecuritySecuritySecuritySecurity

Chair: Xiaopeng Yin (University of International Business and Economics)

[1][1][1][1] ““““OptimalOptimalOptimalOptimal CCCCountry'sountry'sountry'sountry's PPPPolicyolicyolicyolicy towardstowardstowardstowards MMMMultinationalsultinationalsultinationalsultinationals whenwhenwhenwhen LLLLocalocalocalocal RRRRegionsegionsegionsegions cancancancan CCCChoosehoosehoosehoose betweenbetweenbetweenbetween

FFFFirm-irm-irm-irm-SSSSpecificpecificpecificpecific andandandand NNNNon-on-on-on-FFFFirm-Specificirm-Specificirm-Specificirm-Specific PPPPoliciesoliciesoliciesolicies””””

OsirisOsirisOsirisOsiris JorgeJorgeJorgeJorge ParceroParceroParceroParcero (osirisparcero@uaeu.ac.ae), United Arab Emirates University

Discussant: Zaigui Yang (Central University of Finance and Economics)[2][2][2][2] ““““PartiallyPartiallyPartiallyPartially FFFFundedundedundedunded PPPPublicublicublicublic PPPPensionensionensionension andandandand EEEEndogenousndogenousndogenousndogenous GGGGrowthrowthrowthrowth inininin ChinaChinaChinaChina””””

ZaiguiZaiguiZaiguiZaigui YangYangYangYang (yangzaigui@hotmail.com), Central University of Finance and Economics, ChinaDiscussant: Yihua Yang (Jilin University)

[3][3][3][3] ““““OptimalOptimalOptimalOptimal FFFFundedundedundedunded SSSSocialocialocialocial SSSSecurityecurityecurityecurity ininininAAAADynasticDynasticDynasticDynastic MMMModelodelodelodel withwithwithwith EEEEndogenousndogenousndogenousndogenous FFFFertilityertilityertilityertility””””

YihuaYihuaYihuaYihua YangYangYangYang (ruodiyang@163.com), Jilin University, China

Discussant: Xiaopeng Yin (University of International Business and Economics)[4][4][4][4] ““““WhenWhenWhenWhen ‘‘‘‘InternationalInternationalInternationalInternational ConsumptionConsumptionConsumptionConsumption CorrelationsCorrelationsCorrelationsCorrelations PuzzlePuzzlePuzzlePuzzle’’’’ MeetsMeetsMeetsMeets ‘‘‘‘KaldorKaldorKaldorKaldor FactsFactsFactsFacts’’’’:::: TheTheTheThe

UnbalancedUnbalancedUnbalancedUnbalanced GrowthGrowthGrowthGrowthApproachApproachApproachApproach””””

XiaopengXiaopengXiaopengXiaopengYinYinYinYin (xyin_ca@yahoo.com), University of International Business and Economics, ChinaDiscussant: Osiris Jorge Parcero (United Arab Emirates University)

E25E25E25E25 MarriageMarriageMarriageMarriage andandandand SocialSocialSocialSocial NetworksNetworksNetworksNetworks

Chair: Xi Chen (Cornell University)

[1][1][1][1] ““““WhyWhyWhyWhyMenMenMenMenWantWantWantWant totototo MarryMarryMarryMarryYoungerYoungerYoungerYoungerWomen:Women:Women:Women: U.S.U.S.U.S.U.S. PSIDPSIDPSIDPSIDANALYSISANALYSISANALYSISANALYSIS””””

XuXuXuXu ZhangZhangZhangZhang (zhangx@FARMINGDALE.EDU), State University of New York at Farmingdale,USA

Discussant: Guodong Chen, University of Michigan[2][2][2][2] ““““EstimatingEstimatingEstimatingEstimating thethethethe GGGGainsainsainsains fromfromfromfromMMMMarriage:arriage:arriage:arriage: EvidenceEvidenceEvidenceEvidence fromfromfromfrom aaaa NNNNaturalaturalaturalatural EEEExperimentxperimentxperimentxperiment inininin ChinaChinaChinaChina””””

GuodongGuodongGuodongGuodong ChenChenChenChen (stevenchengd@gmail.com), University of Michigan, USA; and Yu ZhouDiscussant: Xu Zhang (State University of New York at Farmingdale)

[3][3][3][3] ““““SocialSocialSocialSocial NetworkingNetworkingNetworkingNetworking andandandand StudyStudyStudyStudyAbroadAbroadAbroadAbroad -------- TheTheTheThe CaseCaseCaseCase ofofofof ChineseChineseChineseChinese StudentsStudentsStudentsStudents inininin thethethethe USUSUSUS””””

DingDingDingDing LanLanLanLan (hnulinda@hotmail.com), Hunan University, China & Georgia Institute of Technology,USA; and Haizheng LiDiscussant: Xi Chen (Cornell University)

[4][4][4][4] ““““Ceremony,Ceremony,Ceremony,Ceremony, GiftGiftGiftGift ExchangeExchangeExchangeExchange andandandand SocialSocialSocialSocial NetworkNetworkNetworkNetwork inininin ChinaChinaChinaChina””””

XiXiXiXi ChenChenChenChen (xc49@cornell.edu), Cornell University, USA, and Xiaobo ZhangDiscussant: Ding Lan (Hunan University)

E26E26E26E26 AssetAssetAssetAsset PricingPricingPricingPricing

Chair: Yu Ren (Xiamen University)

[1][1][1][1] ““““AAAAModelModelModelModel ofofofof thethethethe YieldYieldYieldYield CurveCurveCurveCurve withwithwithwith IdiosyncraticIdiosyncraticIdiosyncraticIdiosyncratic ConsumptionConsumptionConsumptionConsumption RiskRiskRiskRisk””””

YuanYuanYuanYuan XuXuXuXu (xuyuan@sem.tsinghua.edu.cn), Tsinghua University, ChinaDiscussant: Jie Zheng (Washington University in St. Louis)

[2][2][2][2] ““““StrongStrongStrongStrong BubblesBubblesBubblesBubbles andandandand CommonCommonCommonCommon ExpectedExpectedExpectedExpected BubblesBubblesBubblesBubbles inininin aaaa FiniteFiniteFiniteFinite HorizonHorizonHorizonHorizonModelModelModelModel””””

JieJieJieJie ZhengZhengZhengZheng (jzheng@artsci.wustl.edu), Washington University in St. Louis, USADiscussant: Yuan Xu (Tsinghua University)

[3][3][3][3] ““““TestingTestingTestingTesting ConditionalConditionalConditionalConditional FactorFactorFactorFactorModels:Models:Models:Models: AAAA NonparametricNonparametricNonparametricNonparametricApproachApproachApproachApproach””””

YanYanYanYan LiLiLiLi (yl327@cornell.edu), Temple University, USA; and Liyan Yang

Discussant: Yu Ren (Xiamen University)[4][4][4][4] ““““AAAAMethodologicalMethodologicalMethodologicalMethodological RevisionRevisionRevisionRevision onononon TestingTestingTestingTesting ConditionalConditionalConditionalConditional CAPMCAPMCAPMCAPM””””

YuYuYuYu RenRenRenRen (fisherli@gmail.com), Xiamen University, China; Zongwu Cai, and Xiafei LiDiscussant: Yan Li (Temple University)

E27E27E27E27 MigrationMigrationMigrationMigration andandandand Ethnicity:Ethnicity:Ethnicity:Ethnicity: EvidenceEvidenceEvidenceEvidence fromfromfromfrom ChinaChinaChinaChina andandandand CanadaCanadaCanadaCanada

Chair: Örn B. Bodvarsson (St. Cloud State University)

[1][1][1][1] ““““TheTheTheThe EffectsEffectsEffectsEffects ofofofof AgingAgingAgingAging ononononMigrationMigrationMigrationMigration inininin aaaa TransitionTransitionTransitionTransition Economy:Economy:Economy:Economy: TheTheTheThe CaseCaseCaseCase ofofofof ChinaChinaChinaChina””””Örn B. Bodvarsson (obbodvarsson@stcloudstate.edu), St. Cloud State University; and Jack W.Hou

Discussant: Lei Meng (Xiamen University)[2][2][2][2] ““““Immigration,Immigration,Immigration,Immigration, EthnicEthnicEthnicEthnicWageWageWageWage DifferentialsDifferentialsDifferentialsDifferentials andandandand OutputOutputOutputOutput PayPayPayPay inininin CanadaCanadaCanadaCanada””””

TonyTonyTonyTony Fang,Fang,Fang,Fang,York University, Canada; and John HeywoodDiscussant: Hui Feng (University of Western Ontario)

[3][3][3][3] ““““CanCanCanCan GrainGrainGrainGrain SubsidySubsidySubsidySubsidy ImpedeImpedeImpedeImpede Rural-UrbanRural-UrbanRural-UrbanRural-UrbanMigrationMigrationMigrationMigration inininin HinterlandHinterlandHinterlandHinterland China?China?China?China? EvidenceEvidenceEvidenceEvidence fromfromfromfromFieldFieldFieldField SurveysSurveysSurveysSurveys””””LeiLeiLeiLei MengMengMengMeng (lmeng05@gmail.com), Xiamen University, ChinaDiscussant: Örn B. Bodvarsson (St. Cloud State University)

[4][4][4][4] ““““AssimilationAssimilationAssimilationAssimilation ofofofof ChineseChineseChineseChinese ImmigrantsImmigrantsImmigrantsImmigrants inininin CanadaCanadaCanadaCanada””””

HuiHuiHuiHui FengFengFengFeng (hfeng8@uwo.ca), University of Western Ontario, CanadaDiscussant: Tony Fang (York University)

E28E28E28E28 StockStockStockStockMarketMarketMarketMarket VolatilityVolatilityVolatilityVolatility

Chair: Jae-Young Kim (Seoul National University)

[1][1][1][1] ““““TheTheTheThe CCCCross-Sectionross-Sectionross-Sectionross-Section ofofofof JJJJumpsumpsumpsumpsAAAAroundroundroundround EEEEarningsarningsarningsarningsAAAAnnouncementsnnouncementsnnouncementsnnouncements””””

JohnJohnJohnJohn QiQiQiQi ZhuZhuZhuZhu (john.qizhu@gmail.com), Shanghai Jiao Tong University; and HaigangZhou,Cleveland State University, USA

Discussant: Dinghai Xu (University of Waterloo)[2][2][2][2] ““““EmpiricalEmpiricalEmpiricalEmpirical EvidenceEvidenceEvidenceEvidence ofofofof LeverageLeverageLeverageLeverage EffectEffectEffectEffect inininin aaaa StochasticStochasticStochasticStochastic VolatilityVolatilityVolatilityVolatility Model:Model:Model:Model: aaaa RealizedRealizedRealizedRealized

VolatilityVolatilityVolatilityVolatilityApproachApproachApproachApproach””””

DinghaiDinghaiDinghaiDinghai XuXuXuXu (dhxu@uwaterloo.ca), University of Waterloo, Canada; and Yuying LiDiscussant: Steven Jordan (KAIST)

[3][3][3][3] ““““HowHowHowHow DoDoDoDo ProgramProgramProgramProgramTradeTradeTradeTrade HaltsHaltsHaltsHaltsAffectAffectAffectAffect LargeLargeLargeLarge OrderOrderOrderOrder Imbalances?Imbalances?Imbalances?Imbalances?””””

StevenStevenStevenSteven JordanJordanJordanJordan (timely.trader@yahoo.com), KAIST; Jong Won Park, and Woo-Baik LeeDiscussant: Jae-Young Kim (Seoul National University)

[4][4][4][4] ““““RiskRiskRiskRisk SpilloverSpilloverSpilloverSpillover inininin ForeignForeignForeignForeign ExchangeExchangeExchangeExchange Markets:Markets:Markets:Markets: EmpiricalEmpiricalEmpiricalEmpirical InvestigationInvestigationInvestigationInvestigation””””

Jae-YoungJae-YoungJae-YoungJae-Young KimKimKimKim (jykim017@snu.ac.kr), Seoul National University, Korea

Discussant: John Qi Zhu (Cleveland State University)

E29E29E29E29 EmploymentEmploymentEmploymentEmployment andandandand IncomeIncomeIncomeIncome InequalityInequalityInequalityInequality

Chair: Bjorn Gustafsson (University of Gothenburg)

[1][1][1][1] ““““MatchingMatchingMatchingMatching EfficiencyEfficiencyEfficiencyEfficiency andandandand SkilledSkilledSkilledSkilled EmploymentEmploymentEmploymentEmployment VolatilityVolatilityVolatilityVolatility””””

DongDongDongDongWuWuWuWu (wu2060@gmail.com), University of Maryland, USADiscussant: Qian Liu (The Economist Group)

[2][2][2][2] ““““AAAA PicturePicturePicturePicture ofofofof UrbanUrbanUrbanUrban EmploymentEmploymentEmploymentEmployment inininin ChinaChinaChinaChina””””

QianQianQianQian LiuLiuLiuLiu (QianLiu@economist.com), Economist Intelligence Unit, The Economist Group

Discussant: Haitao Wu (Zhongnan University of Economics and Law)[3][3][3][3] ““““AnAnAnAn EmpiricalEmpiricalEmpiricalEmpirical StudyStudyStudyStudy ofofofof IncomeIncomeIncomeIncome InequalityInequalityInequalityInequality andandandand ItsItsItsIts DeterminantsDeterminantsDeterminantsDeterminants inininin RuralRuralRuralRural HubeiHubeiHubeiHubei””””

HaitaoHaitaoHaitaoHaitao WuWuWuWu (wuhan_haitao@yahoo.com.cn), Zhongnan University of Economics and Law, China;

Shijun Ding, and Yuping ChenDiscussant: Bjorn Gustafsson (University of Gothenburg)

[4][4][4][4] ““““TheTheTheThe GrowthingGrowthingGrowthingGrowthing NumberNumberNumberNumber ofofofof Non-WorkersNon-WorkersNon-WorkersNon-Workers inininin UrbanUrbanUrbanUrban ChinaChinaChinaChina ---- CausesCausesCausesCauses andandandand DistributionalDistributionalDistributionalDistributional

ConsequencesConsequencesConsequencesConsequences””””

BjornBjornBjornBjorn GustafssonGustafssonGustafssonGustafsson (Bjorn.Gustafsson@Socwork.gu.se), University of Gothenburg, Sweden; and

Ding SaiDiscussant: Dong Wu (University of Maryland)

E30E30E30E30 EmpiricalEmpiricalEmpiricalEmpirical StudiesStudiesStudiesStudies ofofofof InternationalInternationalInternationalInternational TradeTradeTradeTrade

Chair: Cheryl Long (Colgate University)

[1][1][1][1] ““““ImportImportImportImport VarietyVarietyVarietyVariety andandandandWelfareWelfareWelfareWelfare inininin ChinaChinaChinaChina””””

HongHongHongHongMaMaMaMa (mahong@sem.tsinghua.edu.cn), Tsinghua University, China; and Bo ChenDiscussant: Joachim Jarreau (Paris School of Economics)

[2][2][2][2] ““““FinancialFinancialFinancialFinancial DevelopmentDevelopmentDevelopmentDevelopment andandandand thethethethe StructureStructureStructureStructure ofofofof China'sChina'sChina'sChina's TradeTradeTradeTrade””””

JoachimJoachimJoachimJoachim JarreauJarreauJarreauJarreau (joachim.jarreau@gmail.com), Paris School of Economics, France; and SandraPoncetDiscussant: Abhijit Sharma (Bradford University)

[3][3][3][3] ““““AnAnAnAn AnalysisAnalysisAnalysisAnalysis ofofofof IndustryIndustryIndustryIndustry LevelLevelLevelLevel TechnologyTechnologyTechnologyTechnology CharacteristicsCharacteristicsCharacteristicsCharacteristics andandandand ChineseChineseChineseChinese ManufacturedManufacturedManufacturedManufactured

ExportsExportsExportsExports””””

AbhijitAbhijitAbhijitAbhijit SharmaSharmaSharmaSharma (a.sharma12@bradford.ac.uk), Bradford University, UKDiscussant: Cheryl Long (Colgate University)

[4][4][4][4] ““““Anti-DumpingAnti-DumpingAnti-DumpingAnti-Dumping DutiesDutiesDutiesDuties andandandand IIIItstststs ImpactImpactImpactImpact onononon Exporters:Exporters:Exporters:Exporters: FirmFirmFirmFirm LevelLevelLevelLevel EvidenceEvidenceEvidenceEvidence””””

CherylCherylCherylCheryl LongLongLongLong (cxlong@colgate.edu), Colgate University, USA; and Piyush ChandraDiscussant: Hong Ma (Tsinghua University)

C7C7C7C7 Wages,Wages,Wages,Wages, ProductivityProductivityProductivityProductivity andandandand GlobalizationGlobalizationGlobalizationGlobalization

Chair: Weiyi Cai (Xiamen University)

[1][1][1][1] ““““WageWageWageWage DifferentialsDifferentialsDifferentialsDifferentials underunderunderunder IndustrialIndustrialIndustrialIndustrial Choice:Choice:Choice:Choice: EvidenceEvidenceEvidenceEvidence fromfromfromfrom LaborLaborLaborLabor MarketMarketMarketMarket ofofofof CollegeCollegeCollegeCollege

GraduatesGraduatesGraduatesGraduates””””

GuojunGuojunGuojunGuojun ChaiChaiChaiChai (guojunchai@gmail.com), Southwest University of Finance and Economics, China;

and Guoying DengDiscussant: Weiyi Cai (Xiamen University)

[2][2][2][2] ““““InternationalInternationalInternationalInternational KnowledgeKnowledgeKnowledgeKnowledge SpilloverSpilloverSpilloverSpillover andandandand TechnologicalTechnologicalTechnologicalTechnological ProgressProgressProgressProgress inininin China:China:China:China: AnAnAnAn EmpiricalEmpiricalEmpiricalEmpirical

StudyStudyStudyStudy BasedBasedBasedBased onononon ThreeThreeThreeThree RegionsRegionsRegionsRegions””””

WeiyiWeiyiWeiyiWeiyi CaiCaiCaiCai (chinacaihead@yahoo.com.cn), Xiamen University, ChinaDiscussant: Peng Wang (Southwestern University of Finance and Economics)

[3][3][3][3] ““““WhyWhyWhyWhy DoDoDoDo PeoplePeoplePeoplePeople SwarmSwarmSwarmSwarm intointointointo thethethethe PublicPublicPublicPublic LaborLaborLaborLabor MarketMarketMarketMarket inininin China:China:China:China: ‘‘‘‘WageWageWageWage PremiumPremiumPremiumPremium’’’’ orororor ‘‘‘‘SocialSocialSocialSocial

StatusStatusStatusStatus’’’’????””””

XiaofangXiaofangXiaofangXiaofang DongDongDongDong (Xfangdong@gmail.com), Southwestern University of Finance and Economics,ChinaDiscussant: Guojun Chai (Southwestern University of Finance and Economics)

[4][4][4][4] ““““HealthHealthHealthHealth HumanHumanHumanHuman CapitalCapitalCapitalCapital andandandand GenderGenderGenderGenderWageWageWageWage GapGapGapGap inininin ChinaChinaChinaChina””””

PengPengPengPeng WangWangWangWang (wangpeng499@gmail.com), Southwestern University of Finance and Economics,ChinaDiscussant: Xiaofang Dong (Southwestern University of Finance and Economics)

C8C8C8C8 PublicPublicPublicPublic EconomicsEconomicsEconomicsEconomics andandandand PolicyPolicyPolicyPolicy

Chair: Guoqiang Lou (Shanghai University of Finance and Economics)

[1][1][1][1] ““““PolicyPolicyPolicyPolicy SelectionSelectionSelectionSelection inininin Post-CrisisPost-CrisisPost-CrisisPost-Crisis EraEraEraEra BBBBasedasedasedased onononon EEEExperiencexperiencexperiencexperience andandandand RRRRealityealityealityeality CCCConsiderationsonsiderationsonsiderationsonsiderations””””

YingxiYingxiYingxiYingxi LiuLiuLiuLiu (vivianliu7@163.com), Xiamen University, China; and Qiyou GuoDiscussant: Yanyuan Tang (Xiamen University)

[2][2][2][2] ““““PoorPoorPoorPoor TemplesTemplesTemplesTemples andandandand RichRichRichRich Monks:Monks:Monks:Monks: WhenWhenWhenWhen CanCanCanCan CompetitionsCompetitionsCompetitionsCompetitions ReinforceReinforceReinforceReinforce thethethethe DisciplineDisciplineDisciplineDiscipline ofofofof

GovernmentsGovernmentsGovernmentsGovernments””””

GuoqiangGuoqiangGuoqiangGuoqiang LouLouLouLou (lgqeco@mail.shufe.edu.cn), Shanghai University of Finance and Economics,China

Discussant: Wei Huang (hw_1353@163.com)[3][3][3][3] ““““TransferTransferTransferTransfer PPPPayments,ayments,ayments,ayments, TTTTaxaxaxax EEEEffortffortffortffort andandandand EEEEmpiricalmpiricalmpiricalmpiricalAAAAnalysisnalysisnalysisnalysis ofofofof ChinaChinaChinaChina””””

YanyuanYanyuanYanyuanYanyuan TangTangTangTang (154096521@qq.com), Xiamen University, ChinaDiscussant: Yingxi Liu (Xiamen University)

[4][4][4][4] ““““EffectivenessEffectivenessEffectivenessEffectiveness ofofofof GovernmentGovernmentGovernmentGovernment SpendingSpendingSpendingSpending ShocksShocksShocksShocks inininin China:EvolutionChina:EvolutionChina:EvolutionChina:Evolution andandandand DeterminantsDeterminantsDeterminantsDeterminants ””””

WeiWeiWeiWei HuangHuangHuangHuang (hw_1353@163.com), Shanghai University of Finance and Economics, China, and

University of Southampton, UKDiscussant: Guoqiang Lou (Shanghai University of Finance and Economics)

C9C9C9C9 EnvironmentalEnvironmentalEnvironmentalEnvironmental ProtectionProtectionProtectionProtection andandandand GovernmentGovernmentGovernmentGovernmentAssistanceAssistanceAssistanceAssistance totototo FarmersFarmersFarmersFarmers

Chair: Chunping Zhong (Huazhong University of Science and Technology)

[1][1][1][1] ““““EnvironmentalEnvironmentalEnvironmentalEnvironmental Disclosure,Disclosure,Disclosure,Disclosure, EnvironmentalEnvironmentalEnvironmentalEnvironmental PerformancePerformancePerformancePerformance andandandand thethethethe ValueValueValueValue ofofofof FirmsFirmsFirmsFirms””””

HongjunHongjunHongjunHongjunWuWuWuWu (whjgrm@yahoo.com), Xiamen University, China, and Xiaobo ShenDiscussant: Junhong Wang (Ocean University of China)

[2][2][2][2] ““““FactorsFactorsFactorsFactors InfluencingInfluencingInfluencingInfluencing CO2CO2CO2CO2 DensityDensityDensityDensity andandandand PolicyPolicyPolicyPolicy ChoicesChoicesChoicesChoices inininin ChinaChinaChinaChina””””

XiaoboXiaoboXiaoboXiaobo ShenShenShenShen (xbshen@xmu.edu.cn), Xiamen University, China; and Pingsheng Dai

Discussant: Jason Yin (Seton Hall University)[3][3][3][3] ““““TheTheTheThe TheoryTheoryTheoryTheory ofofofof EnEnEnEnvironmentalvironmentalvironmentalvironmental ExternalityExternalityExternalityExternality andandandand PolicyPolicyPolicyPolicy ImplicationImplicationImplicationImplication forforforfor ChinaChinaChinaChina””””

JasonJasonJasonJason Z.Z.Z.Z. YinYinYinYin (Jason.Yin@shu.edu), Seton Hall University, USA; and Andy Yao LuDiscussant: Hongjun Wu (Xiamen University)

[4][4][4][4] ““““AssessmentAssessmentAssessmentAssessment onononon EffectsEffectsEffectsEffects ofofofof TheTheTheThe Government-Funding-TypeGovernment-Funding-TypeGovernment-Funding-TypeGovernment-Funding-Type FinancialFinancialFinancialFinancial SupportSupportSupportSupport totototo TheTheTheThe MarineMarineMarineMarine

EnvironmentalEnvironmentalEnvironmentalEnvironmental ProtectionProtectionProtectionProtection ----AnAnAnAn EmpiricalEmpiricalEmpiricalEmpiricalAnalysisAnalysisAnalysisAnalysis ofofofof YellowYellowYellowYellow SeaSeaSeaSea &&&&BohaiBohaiBohaiBohai RegionRegionRegionRegion””””

JunhongJunhongJunhongJunhong WangWangWangWang (emmaw66@163.com), Ocean University of China, China; Jihua Zhang andShanli LvDiscussant: Yaobo Shi (Xi’an University of Technology)

[5][5][5][5] ““““EffectivenessEffectivenessEffectivenessEffectiveness ofofofofAgriculturalAgriculturalAgriculturalAgricultural SubsidySubsidySubsidySubsidy Policy:Policy:Policy:Policy:AnAnAnAn EmpiricalEmpiricalEmpiricalEmpirical StudyStudyStudyStudy BasedBasedBasedBased onononon HuangpoHuangpoHuangpoHuangpo District,District,District,District,

WuhanWuhanWuhanWuhan””””

ChunpingChunpingChunpingChunping ZhongZhongZhongZhong (cpzenith@163.com), Huazhong University of Science and Technology, China;Qin Xiao and Sanpan ChenDiscussant: Xiaobo Shen (Xiamen University)

[6][6][6][6] ““““ResearchResearchResearchResearch onononon thethethethe ImpactImpactImpactImpact ofofofof RuralRuralRuralRural PublicPublicPublicPublic GoodsGoodsGoodsGoods SupplySupplySupplySupply onononon FarmersFarmersFarmersFarmers’’’’ PublicPublicPublicPublic WelfareWelfareWelfareWelfare inininin

ShaanxiShaanxiShaanxiShaanxi ProvinceProvinceProvinceProvince ---- UsingUsingUsingUsing ExamplesExamplesExamplesExamples ofofofof InvestmentInvestmentInvestmentInvestment onononon PublicPublicPublicPublic FoundationFoundationFoundationFoundation EstablishmentEstablishmentEstablishmentEstablishment

ProgramsProgramsProgramsPrograms””””

YaoboYaoboYaoboYaobo SSSShihihihi (shiyaoboo@163.com), Xi'an University of Technology, ChinaDiscussant: Chunping Zhong (Huazhong University of Science and Technology)

10:30am-11:00am10:30am-11:00am10:30am-11:00am10:30am-11:00am PIIPIIPIIPII PosterPosterPosterPoster SessionSessionSessionSession IIIIIIII

Venue: Corridor (2F) of Science and Arts Center

[1][1][1][1] ““““China-EgyptChina-EgyptChina-EgyptChina-Egypt BilateralBilateralBilateralBilateral Trade:Trade:Trade:Trade: DynamicsDynamicsDynamicsDynamics andandandand ProspectsProspectsProspectsProspects””””

AssemAssemAssemAssemAbuAbuAbuAbu HatabHatabHatabHatab (assemchina@yahoo.com), Northwest A&F University, China[2][2][2][2] ““““RegionalRegionalRegionalRegional TradeTradeTradeTrade IntegrationIntegrationIntegrationIntegration,,,, HeterogeneousHeterogeneousHeterogeneousHeterogeneous MultinationalMultinationalMultinationalMultinational FirmsFirmsFirmsFirms EndogenousEndogenousEndogenousEndogenous BoundariesBoundariesBoundariesBoundaries

andandandand ShortShortShortShort ProductProductProductProduct CycleCycleCycleCycle””””

XiaoguangXiaoguangXiaoguangXiaoguang WuWuWuWu (wuxiaoguang17@yahoo.com.cn), Beijing Foreign Studies University, China;Wenli Sun

[3][3][3][3] ““““AAAA StudyStudyStudyStudy onononon RelationRelationRelationRelation ofofofof CSRCSRCSRCSR andandandand CorporateCorporateCorporateCorporate EfficiencyEfficiencyEfficiencyEfficiency BasedBasedBasedBased onononon DEADEADEADEAMethodMethodMethodMethod””””

RuixinRuixinRuixinRuixin SuSuSuSu (sgoall_9@hotmail.com), Xi'an Jiaotong University, China; Weizhou Zhong andShangxin Liu

[4][4][4][4] ““““ExchangeExchangeExchangeExchange MarketMarketMarketMarket Pressure,Pressure,Pressure,Pressure, InternationalInternationalInternationalInternational CapitalCapitalCapitalCapital Flows,Flows,Flows,Flows, andandandand DomesticDomesticDomesticDomestic MonetaryMonetaryMonetaryMonetary MarketMarketMarketMarket

ConditionConditionConditionCondition””””

LinLinLinLin LiuLiuLiuLiu (liulinxmu@xmu.edu.cn), Xiamen University, China

[5][5][5][5] ““““MarketMarketMarketMarket Price,Price,Price,Price, ValueValueValueValue DiscoveringDiscoveringDiscoveringDiscovering andandandand FairFairFairFairValueValueValueValueMeasurementMeasurementMeasurementMeasurement””””

QiangQiangQiangQiangAnAnAnAn LiuLiuLiuLiu (itsoft@163.com), Xiamen University, China[6][6][6][6] ““““AAAA QuantitativeQuantitativeQuantitativeQuantitative AnalysisAnalysisAnalysisAnalysis andandandand PolicyPolicyPolicyPolicy EvaluationEvaluationEvaluationEvaluation onononon ShanghaiShanghaiShanghaiShanghai PensionPensionPensionPension SystemSystemSystemSystem SustainableSustainableSustainableSustainable

DevelopmentDevelopmentDevelopmentDevelopment MethodsMethodsMethodsMethods””””

YuxiYuxiYuxiYuxi WangWangWangWang (wyxixl@163.com), Shanghai University of Engineering and Science, Management

School, China; and Xiao Jun[7][7][7][7] ““““TheTheTheThe PathwaysPathwaysPathwaysPathways fromfromfromfrom IndustrialIndustrialIndustrialIndustrial AgglomerationAgglomerationAgglomerationAgglomeration totototo TotalTotalTotalTotal FactorFactorFactorFactor ProductivityProductivityProductivityProductivity GrowthGrowthGrowthGrowth inininin

ChineseChineseChineseChinese Cities,Cities,Cities,Cities, 2001-20072001-20072001-20072001-2007””””

MingMingMingMing HeHeHeHe (shanzike@hnu.cn), Hunan University, China; and Shanzi Ke

[8][8][8][8] ““““MaleMaleMaleMale LaborLaborLaborLabor SupplySupplySupplySupply andandandand NonlinearNonlinearNonlinearNonlinear BudgetBudgetBudgetBudget ConstraintsConstraintsConstraintsConstraints inininin UrbanUrbanUrbanUrban ChinaChinaChinaChina””””

BoBoBoBo ZhouZhouZhouZhou (bozhou98@gmail.com), Xiamen University, China; and Hau Chyi

12:30pm-2:00pm12:30pm-2:00pm12:30pm-2:00pm12:30pm-2:00pm LunchLunchLunchLunch

2:00pm-3:30pm2:00pm-3:30pm2:00pm-3:30pm2:00pm-3:30pmKeynoteKeynoteKeynoteKeynote SessionSessionSessionSession IVIVIVIV

Chair: Junsen Zhang (Chinese University of Hong Kong)

Venue: Room201 Jiageng Building-2

•••• RaviRaviRaviRavi KanburKanburKanburKanbur (Cornell University), ““““ProtectingProtectingProtectingProtecting thethethethe PoorPoorPoorPoorAgainstAgainstAgainstAgainst thethethethe NextNextNextNext CrisisCrisisCrisisCrisis””””

•••• BarryBarryBarryBarry NaughtonNaughtonNaughtonNaughton (University of California, San Diego), ““““HowHowHowHow HasHasHasHas thethethethe ChineseChineseChineseChinese EconomicEconomicEconomicEconomicSystemSystemSystemSystem RespondedRespondedRespondedResponded totototo thethethethe GlobalGlobalGlobalGlobal FinancialFinancialFinancialFinancial Crisis?Crisis?Crisis?Crisis?””””

2:00pm-3:30pm2:00pm-3:30pm2:00pm-3:30pm2:00pm-3:30pmKeynoteKeynoteKeynoteKeynote SessionSessionSessionSession VVVV

Chair: Zongwu Cai (UNC Charlotte & Xiamen University)

•••• ShouyangShouyangShouyangShouyang WangWangWangWang (Chinese Academy of Sciences), ““““TEI@ITEI@ITEI@ITEI@I MethodologyMethodologyMethodologyMethodology andandandand itsitsitsits ApplicationsApplicationsApplicationsApplications totototoEconomicEconomicEconomicEconomic ForecastingForecastingForecastingForecasting””””

•••• WingWingWingWing ThyeThyeThyeThye WooWooWooWoo (University of California, Davis), ““““ChinaChinaChinaChina ShouldShouldShouldShould AbandonAbandonAbandonAbandon thethethethe UsualUsualUsualUsual TypeTypeTypeType ofofofof

Macro-StimulusMacro-StimulusMacro-StimulusMacro-Stimulus afterafterafterafter 2010201020102010 andandandandAdoptAdoptAdoptAdopt NewNewNewNew GrowthGrowthGrowthGrowth DriversDriversDriversDrivers””””

3:30pm-4:00pm3:30pm-4:00pm3:30pm-4:00pm3:30pm-4:00pm CoffeeCoffeeCoffeeCoffee BreakBreakBreakBreak

4:00pm-6:00pm4:00pm-6:00pm4:00pm-6:00pm4:00pm-6:00pm ParallelParallelParallelParallel SessionsSessionsSessionsSessions

E31E31E31E31 ClimateClimateClimateClimate ChangeChangeChangeChange andandandand EnvironmentalEnvironmentalEnvironmentalEnvironmental ProtectionProtectionProtectionProtection

Chair: Jing Cao (Tsinghua University)

[1][1][1][1] ““““ProductivityProductivityProductivityProductivity DDDDispersionispersionispersionispersion andandandand EEEEnvironmentalnvironmentalnvironmentalnvironmental PPPPoliciesoliciesoliciesolicies””””

ZheZheZheZhe LiLiLiLi (lizhezhe@hotmail.com), Shanghai University of Finance and Economics, ChinaDiscussant: Jing Cao (Tsinghua University)

[2][2][2][2] ““““RegionalRegionalRegionalRegional CarbonCarbonCarbonCarbon DioxideDioxideDioxideDioxideAAAAbatementbatementbatementbatementAAAAllocationllocationllocationllocation inininin ChinaChinaChinaChina””””

WeiWeiWeiWei ChuChuChuChu (xiaochu1979@gmail.com), Zhejiang University of Science and Technology, China; andJinlan NiDiscussant: Shuquan He (Shanghai University)

[3][3][3][3] ““““TradeTradeTradeTrade LiberalizationLiberalizationLiberalizationLiberalization andandandand EnvironmentalEnvironmentalEnvironmentalEnvironmental Performance:Performance:Performance:Performance: EvidenceEvidenceEvidenceEvidence fromfromfromfrom ChinaChinaChinaChina””””

ShuquanShuquanShuquanShuquan HeHeHeHe (anthonyho@shu.edu.cn), Shanghai University, ChinaDiscussant: Wei Chu (Zhejiang University of Science and Technology)

[4][4][4][4] ““““DynamicDynamicDynamicDynamic Inefficiency,Inefficiency,Inefficiency,Inefficiency, EnvironmentalEnvironmentalEnvironmentalEnvironmental TaxTaxTaxTax andandandand ClimateClimateClimateClimate ChangeChangeChangeChange ::::AnAnAnAn OLGOLGOLGOLGModelModelModelModelAnalysisAnalysisAnalysisAnalysis””””

JingJingJingJing CaoCaoCaoCao (caojing@sem.tsinghua.edu.cn), Tsinghua University, China; and Xue QiaoDiscussant: Zhe Li (Shanghai University of Finance and Economics)

E32E32E32E32 RoleRoleRoleRole ofofofof RiskRiskRiskRisk andandandand InsuranceInsuranceInsuranceInsurance inininin ChineseChineseChineseChineseAgricultureAgricultureAgricultureAgriculture

Chair: Jeffrey S. Pai (University of Manitoba)

[1][1][1][1] ““““AdverseAdverseAdverseAdverse SelectionSelectionSelectionSelection ofofofof CropCropCropCrop InsuranceInsuranceInsuranceInsurance inininin MiyunMiyunMiyunMiyun CountyCountyCountyCounty””””LinglingLinglingLinglingLingling HouHouHouHou (monkeyoo1984@163.com), Colorado State University, USA; and Dana HoagDiscussant: Zhang Qiao (Chinese Academy of Agricultural Sciences)

[2][2][2][2] ““““AreAreAreAre CropCropCropCrop InsuranceInsuranceInsuranceInsurance ProgramsProgramsProgramsPrograms EffectiveEffectiveEffectiveEffective inininin China?China?China?China? EvidenceEvidenceEvidenceEvidence fromfromfromfrom AnalysisAnalysisAnalysisAnalysis ofofofof FarmersFarmersFarmersFarmers ininininRepresentativeRepresentativeRepresentativeRepresentative ProvincesProvincesProvincesProvinces””””ZhangZhangZhangZhang QiaoQiaoQiaoQiao (zhqiao@mail.caas.net.cn), Chinese Academy of Agricultural Sciences, China; andWang KeDiscussant: Milton Boyd (University of Manitoba)

[3][3][3][3] ““““AAAA StudyStudyStudyStudy ofofofof ChineseChineseChineseChinese FarmersFarmersFarmersFarmers’’’’ RiskRiskRiskRisk Behavior:Behavior:Behavior:Behavior:AAAA SurveySurveySurveySurvey BasedBasedBasedBasedApproachApproachApproachApproach””””MiltonMiltonMiltonMilton BoydBoydBoydBoyd (boyd@ms.umanitoba.ca), University of Manitoba, Canada; and Jeffrey Pai, ZhangQiao, Holly Wang, and Wang KeDiscussant: Dana Hoag (Colorado State University)

E33E33E33E33 ExperimentalExperimentalExperimentalExperimental EconomicsEconomicsEconomicsEconomics III:III:III:III: ReputationReputationReputationReputation andandandand BehaviorBehaviorBehaviorBehavior

Chair: Huan Xie (Concordia University)

[1][1][1][1] ““““CombiningCombiningCombiningCombining ReputationReputationReputationReputation andandandand PunishmentPunishmentPunishmentPunishment totototo PromotePromotePromotePromote Cooperation:Cooperation:Cooperation:Cooperation:AAAAComparativeComparativeComparativeComparativeAnalysisAnalysisAnalysisAnalysis””””BinBinBinBin XuXuXuXu (xubin211@163.com ), Zhejiang University, China; and Liangcong FanDiscussant: David Ong (Peking University)

[2][2][2][2] ““““SortingSortingSortingSorting withwithwithwith ShameShameShameShame inininin thethethethe LaboratoryLaboratoryLaboratoryLaboratory””””DavidDavidDavidDavid OngOngOngOng (dvdong@gmail.com), Peking University HSBC School of Business, ChinaDiscussant: Xiaolan Yang (Zhejiang University)

[3][3][3][3] ““““AAAACross-culturalCross-culturalCross-culturalCross-cultural ExperimentalExperimentalExperimentalExperimental StudyStudyStudyStudy ononononWageWageWageWage InequalityInequalityInequalityInequality andandandand PerformancePerformancePerformancePerformance””””XiaolanXiaolanXiaolanXiaolan YangYangYangYang (yxlan@zju.edu.cn) Zhejiang University; Hong Liu-kiel and Heike Y.Schenk-MathesDiscussant: Huan Xie (Concordia University)

[4][4][4][4] ““““SocialSocialSocialSocial Norms,Norms,Norms,Norms, InformationInformationInformationInformation andandandand TrustTrustTrustTrust amongamongamongamong Strangers:Strangers:Strangers:Strangers: TheoryTheoryTheoryTheory andandandand EvidenceEvidenceEvidenceEvidence””””HuanHuanHuanHuan XieXieXieXie (huanxie@alcor.concordia.ca), Concordia University, Canada; John Duffy and Yong-JuLeeDiscussant: Bin Xu (Zhejiang University)

E34E34E34E34 MonetaryMonetaryMonetaryMonetary andandandand FiscalFiscalFiscalFiscal PolicyPolicyPolicyPolicy

Chair: James Laurenceson (University of Queensland)

[1][1][1][1] ““““TheTheTheThe VariabilityVariabilityVariabilityVariability ofofofof RegionalRegionalRegionalRegional EffectsEffectsEffectsEffects ofofofof thethethethe MonetaryMonetaryMonetaryMonetary PoliciesPoliciesPoliciesPolicies inininin ChinaChinaChinaChina””””

ShengrongShengrongShengrongShengrong LuLuLuLu (lsr2008cn@xmu.edu.cn), Xiamen University, China; Guifu Chen and Yu LiuDiscussant: Ran Shao (Central University of Finance and Economics)

[2][2][2][2] ““““OptimalOptimalOptimalOptimal FiscalFiscalFiscalFiscal andandandandMonetaryMonetaryMonetaryMonetary PolicyPolicyPolicyPolicy withwithwithwith SvenssonSvenssonSvenssonSvensson TimingTimingTimingTiming””””

XuanXuanXuanXuan LiuLiuLiuLiu (liux@ecu.edu), East Carolina University, USADiscussant: James Laurenceson (University of Queensland)

[3][3][3][3] ““““Non-linearNon-linearNon-linearNon-linear EffectsEffectsEffectsEffects ofofofof FiscalFiscalFiscalFiscal PolicyPolicyPolicyPolicy onononon PrivatePrivatePrivatePrivate ConsumptionConsumptionConsumptionConsumption andandandand ExplanationsExplanationsExplanationsExplanations：EvidenceEvidenceEvidenceEvidence

fromfromfromfromChinaChinaChinaChina””””

RanRanRanRan ShaoShaoShaoShao (523326580@qq.com), Central University of Finance and Economics, China; LiyongWang, and Wei GaoDiscussant: Shengrong Lu (Xiamen University)

[4][4][4][4] ““““AnAnAnAn AAAAssessmentssessmentssessmentssessment ofofofof thethethethe LLLLinkinkinkink betweenbetweenbetweenbetween IIIIntermediatentermediatentermediatentermediate andandandand FFFFinalinalinalinal TTTTargetsargetsargetsargets ofofofof MMMMmonetarymonetarymonetarymonetary PPPPolicyolicyolicyolicy inininin

China:China:China:China: OOOOut-of-ut-of-ut-of-ut-of-SSSSampleampleampleample EEEEvidencevidencevidencevidence fromfromfromfrom thethethethe 2000s2000s2000s2000s””””

JamesJamesJamesJames LaurencesonLaurencesonLaurencesonLaurenceson (j.laurenceson@uq.edu.au), University of Queensland, Australia; and Callan

WindsorDiscussant: Xuan Liu (East Carolina University)

E35E35E35E35 EmpiricalEmpiricalEmpiricalEmpirical IndustrialIndustrialIndustrialIndustrial OrganizationOrganizationOrganizationOrganization

Chair: Yanling Wang (Carleton University)

[1][1][1][1] ““““NetworkNetworkNetworkNetwork EffectsEffectsEffectsEffects andandandand DurableDurableDurableDurableAdoption:Adoption:Adoption:Adoption:AAAATestTestTestTest UsingUsingUsingUsing TelevisionsTelevisionsTelevisionsTelevisions inininin RuralRuralRuralRural ChinaChinaChinaChina””””

RongRongRongRong ZhaoZhaoZhaoZhao (zrong002@fiu.edu), Southwestern University of Finance and Economics, ChinaDiscussant: Diana Heger (ZEWMannheim)

[2][2][2][2] ““““LosingLosingLosingLosing thethethethe Lead?Lead?Lead?Lead?AnAnAnAn EmpiricalEmpiricalEmpiricalEmpirical InvestigationInvestigationInvestigationInvestigation ofofofof thethethethe DecisionDecisionDecisionDecision totototo PatentPatentPatentPatent””””

DianaDianaDianaDiana HegerHegerHegerHeger (heger@zew.de), ZEWMannheim, Germany; and Alexandra K. ZabyDiscussant: Jianhong Zhang (Nyenrode Business University)

[3][3][3][3] ““““TheTheTheThe DynamicsDynamicsDynamicsDynamics ofofofof CompetitivenessCompetitivenessCompetitivenessCompetitiveness ofofofof ChineseChineseChineseChinese IndustriesIndustriesIndustriesIndustries””””

JianhongJianhongJianhongJianhong ZhangZhangZhangZhang (j.zhang@nyenrode.nl), Nyenrode Business University, NetherlandDiscussant: Yanling Wang (Carleton University)

[4][4][4][4] ““““ForeignForeignForeignForeignAcquisitions,Acquisitions,Acquisitions,Acquisitions, DomesticDomesticDomesticDomesticAcquisitionsAcquisitionsAcquisitionsAcquisitions andandandand PlantPlantPlantPlant SurvivalSurvivalSurvivalSurvival””””

YanlingYanlingYanlingYanlingWangWangWangWang (yanling_wang@carleton.ca), Carleton University, Canada, and John BaldwinDiscussant: Rong Zhao (Southwestern University of Finance and Economics)

E36E36E36E36 StockStockStockStockMarketsMarketsMarketsMarkets inininin ChinaChinaChinaChina

Chair: Chi Wei Su (Tamkang University)

[1][1][1][1] ““““TradingTradingTradingTrading RulesRulesRulesRules fromfromfromfrom SpeculativeSpeculativeSpeculativeSpeculative BehaviorBehaviorBehaviorBehaviorModelModelModelModel forforforfor thethethethe CSI300CSI300CSI300CSI300 IndexIndexIndexIndex””””

YajunYajunYajunYajun DuDuDuDu (yajundu@126.com), Xiamen University, China; and Dengta ChenDiscussant: Changjiang Liu (Xiamen University)

[2][2][2][2] ““““AAAATimeTimeTimeTime SeriesSeriesSeriesSeriesAnalysisAnalysisAnalysisAnalysis ofofofof ChinaChinaChinaChina’’’’ssss StockStockStockStockMarketMarketMarketMarket andandandand ItsItsItsIts InternationalInternationalInternationalInternational LinkageLinkageLinkageLinkage””””

ChangjiangChangjiangChangjiangChangjiang LiuLiuLiuLiu (changjiang.liu@gmail.com), Xiamen University, ChinaDiscussant: Yajun Du (Xiamen University)

[3][3][3][3] ““““TheTheTheThe MarketMarketMarketMarket ReformReformReformReform ofofofof Non-TradableNon-TradableNon-TradableNon-Tradable SharesSharesSharesShares andandandand FirmFirmFirmFirm PerformancePerformancePerformancePerformance inininin ChinaChinaChinaChina””””

HingHingHingHing LinLinLinLin ChanChanChanChan (hlchan@net2.hkbu.edu.hk), Hong Kong Baptist University, Hong Kong; AndyXi Xiang, In-Mu Haw, and Simon HoDiscussant: Chi Wei Su (Tamkang University)

[4][4][4][4] ““““TheTheTheThe Non-linearNon-linearNon-linearNon-linear RelationshipRelationshipRelationshipRelationship betweenbetweenbetweenbetween RealRealRealReal EstateEstateEstateEstate andandandand StockStockStockStock MarketMarketMarketMarket inininin China:China:China:China: EvidenceEvidenceEvidenceEvidence

fromfromfromfrom RankRankRankRank TestTestTestTest””””

ChiChiChiChiWeiWeiWeiWei SuSuSuSu (cwsu@pu.edu.tw), Tamkang University, TaiwanDiscussant: Hing Lin Chan (Hong Kong Baptist University)

E37E37E37E37 BankingBankingBankingBanking andandandand CreditCreditCreditCredit

Chair: Baomin Dong (University of International Business and Economics)

[[[[1]1]1]1] ““““GroupGroupGroupGroup LendingLendingLendingLending andandandand TechnologyTechnologyTechnologyTechnology ImprovementImprovementImprovementImprovement IncentivesIncentivesIncentivesIncentives inininin TeamTeamTeamTeam””””

ChangrongChangrongChangrongChangrong DengDengDengDeng (changrong.deng@gmail.com), Duke University, USA; and Qiang GongDiscussant: Baomin Dong (University of International Business and Economics)

[2][2][2][2] ““““EmpiricalEmpiricalEmpiricalEmpirical StudyStudyStudyStudy onononon FactorsFactorsFactorsFactors InfluencingInfluencingInfluencingInfluencing FarmFarmFarmFarm HouseholdersHouseholdersHouseholdersHouseholders’’’’ AssessAssessAssessAssess totototo FormalFormalFormalFormal Credit:Credit:Credit:Credit: AAAA

CaseCaseCaseCase ofofofof ShaanxiShaanxiShaanxiShaanxi ProvinceProvinceProvinceProvince””””

RongRongRongRong KongKongKongKong (kongrong1996@yahoo.com), Northwest A&F University, China; Calum Turvey and

Chuanmei ChenDiscussant: Baozhi Qu (City University of Hong Kong)

[3][3][3][3] ““““BankBankBankBank EEEEfficiency,fficiency,fficiency,fficiency, MMMMarketarketarketarket DDDDevelopmentevelopmentevelopmentevelopment andandandand IIIInstitutionalnstitutionalnstitutionalnstitutional EEEEnvironment:nvironment:nvironment:nvironment: EvidenceEvidenceEvidenceEvidence fromfromfromfrom CCCCityityityity

CCCCommercialommercialommercialommercial BBBBanksanksanksanks inininin ChinaChinaChinaChina””””

BaozhiBaozhiBaozhiBaozhi QuQuQuQu (baozhiqu@cityu.edu.hk), City University of Hong Kong, Hong Kong; Peng Wang,

Zhong Xu and Jianhua ZhangDiscussant: Rong Kong (Northwest A&F University)

[4][4][4][4] ““““TheTheTheThe RelationshipRelationshipRelationshipRelationship BankingBankingBankingBanking Paradox:Paradox:Paradox:Paradox: NoNoNoNo PainPainPainPain NoNoNoNo GainGainGainGain versusversusversusversus raisonraisonraisonraison d'd'd'd'êêêêtretretretre””””

BaominBaominBaominBaomin DongDongDongDong (baomindong@uibe.edu.cn), University of International Business and Economics,

China, and Yu LiDiscussant: Changrong Deng (Duke University)

E38E38E38E38 EmpiricalEmpiricalEmpiricalEmpirical StudiesStudiesStudiesStudies ofofofof EconomicEconomicEconomicEconomic GrowthGrowthGrowthGrowth

Chair: Chih-Chiang Hsu (National Central University)

[1][1][1][1] ““““InequalityInequalityInequalityInequality andandandand ProductivityProductivityProductivityProductivity GrowthGrowthGrowthGrowth inininin ChinaChinaChinaChina””””

PaulPaulPaulPaul DengDengDengDeng (dengduo@brandeis.edu), Copenhagen Business School, Copenhagen, Denmark; andGary JeffersonDiscussant: Chih-Chiang Hsu (National Central University)

[[[[2222]]]] ““““DemographicDemographicDemographicDemographic SSSStructuretructuretructuretructure andandandand EEEEconomicconomicconomicconomic GGGGrowth:rowth:rowth:rowth: EvidenceEvidenceEvidenceEvidence fromfromfromfrom ChinaChinaChinaChina””””

ZhengZhengZhengZheng WWWWeieieiei (zheng.wei@nottingham.edu.cn), The University of Nottingham at Ningbo, China; andRui HaoDiscussant: Paul Deng (Copenhagen Business School)

[[[[3333]]]] ““““FDI,FDI,FDI,FDI, Infrastructure,Infrastructure,Infrastructure,Infrastructure, andandandand EconomicEconomicEconomicEconomic Growth:Growth:Growth:Growth: EvidenceEvidenceEvidenceEvidence fromfromfromfromQuantileQuantileQuantileQuantile RegressionRegressionRegressionRegression””””

Chih-ChiangChih-ChiangChih-ChiangChih-Chiang HsuHsuHsuHsu (cchsu@mgt.ncu.edu.tw), National Central University, Taiwan; Jyun-Yi Wu andHung-Yu LinDiscussant: Wei Zheng (The University of Nottingham at Ningbo)

E39E39E39E39 FarmerFarmerFarmerFarmer BehaviorBehaviorBehaviorBehavior andandandandAgriculturalAgriculturalAgriculturalAgricultural ProductivityProductivityProductivityProductivity inininin ChinaChinaChinaChina

Chair: Xi Zhu (Shanghai Jiaotong University)

[1][1][1][1] ““““AssessingAssessingAssessingAssessing TotalTotalTotalTotal FactorFactorFactorFactor ProductivityProductivityProductivityProductivity andandandand EEEEfficiencyfficiencyfficiencyfficiency CCCChangehangehangehange forforforfor FFFFarmsarmsarmsarms PPPParticipatingarticipatingarticipatingarticipating inininin

‘‘‘‘GrainGrainGrainGrain forforforfor GreenGreenGreenGreen’’’’ ProgramProgramProgramProgram inininin China:China:China:China:AAAACCCCaseaseasease SSSStudytudytudytudy fromfromfromfromAnsai,Ansai,Ansai,Ansai, LoessLoessLoessLoess PlateauPlateauPlateauPlateau””””

LiLiLiLi LiLiLiLi (lily_merry2005@hotmail.co.jp), Tottori University, Japan; Atsushi Tsunekawa, Mitsuru

Tsubo, Atsushi Koike, and Jijun WangDiscussant: Xi Zhu (Shanghai Jiaotong University)

[2][2][2][2] ““““TheTheTheThe NecessityNecessityNecessityNecessity forforforfor FarmersFarmersFarmersFarmers totototo EngageEngageEngageEngage inininin FoodFoodFoodFood TraceabilityTraceabilityTraceabilityTraceability andandandand ParticipationParticipationParticipationParticipation Willingness:Willingness:Willingness:Willingness:

FromFromFromFrom thethethethe PerspectivePerspectivePerspectivePerspective ofofofof ImprovingImprovingImprovingImproving thethethethe LevelLevelLevelLevel ofofofof FoodFoodFoodFood SafetySafetySafetySafety””””

RongRongRongRong ZhaoZhaoZhaoZhao (zrong002@fiu.edu), China Agricultural University, China, & Purdue University, USA;Steven Y. Wu and Juan QiaoDiscussant: Li Li (Tottori University)

[3][3][3][3] ““““MisalloctionMisalloctionMisalloctionMisalloction andandandand ProductionProductionProductionProduction TFPTFPTFPTFP inininin RRRRuraluraluralural ChinaChinaChinaChina””””

XiXiXiXi ZhuZhuZhuZhu (zhuxi97@sjtu.edu.cn), Shanghai Jiaotong University, China; Qinghua Shi and Qingen GeDiscussant: Zhaopeng Qu (Nanjing University)

[4][4][4][4] ““““TheTheTheThe EvolutionEvolutionEvolutionEvolution ofofofof ChineseChineseChineseChinese Rural-UrbanRural-UrbanRural-UrbanRural-UrbanMigrantsMigrantsMigrantsMigrants LaborLaborLaborLaborMarketMarketMarketMarket fromfromfromfrom 2002200220022002 totototo 2007200720072007””””

ZhaopengZhaopengZhaopengZhaopeng QuQuQuQu (quzhaopeng@gmail.com), Nanjing University, China; and Zhong Zhao

Discussant: Rong Zhao (China Agricultural University)

E40E40E40E40 LaborLaborLaborLabor andandandand EconomicEconomicEconomicEconomic DevelopmentDevelopmentDevelopmentDevelopment inininin ChineseChineseChineseChinese CitiesCitiesCitiesCities

Chair: Yiu Por Chen (DePaul University)

[1][1][1][1] ““““StrategicStrategicStrategicStrategic EnvironmentalEnvironmentalEnvironmentalEnvironmental PPPPolicyolicyolicyolicy inininin CCCCompetitionompetitionompetitionompetition forforforfor FDIFDIFDIFDI acrossacrossacrossacross ChinaChinaChinaChina MMMMunicipalities:unicipalities:unicipalities:unicipalities: IsIsIsIs TTTTherehereherehere

AAAA ‘‘‘‘RRRRaceaceaceace totototo thethethethe BBBBottomottomottomottom’’’’ GGGGame?ame?ame?ame?””””

ZhengyuZhengyuZhengyuZhengyu ZhangZhangZhangZhang (zyzhang@sass.org.cn), Shanghai Academy of Social Sciences, China, andPingfang ZhuDiscussant: Rui Fan (Xiamen University)

[2][2][2][2] ““““DiffusionDiffusionDiffusionDiffusion EffectsEffectsEffectsEffects orororor CurseCurseCurseCurse ofofofof Resources?Resources?Resources?Resources?AnAnAnAn EvidenceEvidenceEvidenceEvidence fromfromfromfromChinaChinaChinaChina””””

RuiRuiRuiRui FanFanFanFan (fanr09@gmail.com), Xiamen University, China; Ying Fang and Sungyong ParkDiscussant: Yiu Por Chen (DePaul University)

[3][3][3][3] ““““HowHowHowHowDoesDoesDoesDoes EducationEducationEducationEducationAffectAffectAffectAffect thethethethe EarningsEarningsEarningsEarnings DistributionDistributionDistributionDistribution inininin UrbanUrbanUrbanUrban ChinaChinaChinaChina””””

LeLeLeLeWangWangWangWang (le.wang@unh.edu), University of New Hampshire, USADiscussant: Zhengyu Zhang (Shanghai Academy of Social Sciences)

[4][4][4][4] ““““FinancialFinancialFinancialFinancial Crisis,Crisis,Crisis,Crisis, LaborLaborLaborLabor ContractContractContractContract Law,Law,Law,Law, andandandandWageWageWageWage Changes:Changes:Changes:Changes: EvidentEvidentEvidentEvident fromfromfromfrom ananananApparelApparelApparelApparel IndustryIndustryIndustryIndustry

WorkerWorkerWorkerWorker SurveySurveySurveySurvey inininin FourFourFourFour ChineseChineseChineseChinese CitiesCitiesCitiesCities””””

YiuYiuYiuYiu PorPorPorPor (Vincent)(Vincent)(Vincent)(Vincent) ChenChenChenChen (ychen16@depaul.edu), DePaul University, USADiscussant: Le Wang (University of New Hampshire)

C10C10C10C10 MonetaryMonetaryMonetaryMonetary PolicyPolicyPolicyPolicy

Chair: Ming Zheng (Xiamen University)

[1][1][1][1] ““““PricePricePricePrice EffectsEffectsEffectsEffects ofofofof MonetaryMonetaryMonetaryMonetary Transmission:Transmission:Transmission:Transmission: AnAnAnAn EmpiricalEmpiricalEmpiricalEmpirical EvidenceEvidenceEvidenceEvidence onononon thethethethe ‘‘‘‘PricePricePricePrice PuzzlePuzzlePuzzlePuzzle’’’’ inininin

XiaojunXiaojunXiaojunXiaojun YangYangYangYang (yangxiaojun0555@163.com), Shanghai University of Finance and Economics,

ChinaDiscussant: Zhilin Huang (Xiamen University)

[2][2][2][2] ““““AssetAssetAssetAsset PPPPrice,rice,rice,rice, IIIInflationnflationnflationnflation andandandand OOOOptimalptimalptimalptimal MMMMonetaryonetaryonetaryonetary PPPPolicyolicyolicyolicy ---- TheoreticalTheoreticalTheoreticalTheoretical andandandand EEEEmpiricalmpiricalmpiricalmpirical SSSStudytudytudytudy onononon

MingMingMingMing ZhengZhengZhengZheng (niyujuan1001@xmu.edu.cn), Xiamen University, China, and Yujuan Ni

Discussant: Yanqun Zhang (Chinese Academy of Social Sciences)[3][3][3][3] ““““WhichWhichWhichWhich OOOOnenenene SSSShouldhouldhouldhould bebebebe ththththeeee IIIIntermediatentermediatentermediatentermediate TTTTargetargetargetarget ofofofof thethethethe MMMMonetaryonetaryonetaryonetary PPPPolicyolicyolicyolicy inininin China,China,China,China, M1M1M1M1 ororororM2?M2?M2?M2?””””

YanqunYanqunYanqunYanqun ZhangZhangZhangZhang (yqzhang@cass.org.cn), Chinese Academy of Social Sciences, ChinaDiscussant: Ming Zheng (Xiamen University)

[4][4][4][4] ““““RobustnessRobustnessRobustnessRobustnessAnalysisAnalysisAnalysisAnalysis ofofofof ChinaChinaChinaChina’’’’ssss PhillipsPhillipsPhillipsPhillips CurveCurveCurveCurve UsingUsingUsingUsing DynamicDynamicDynamicDynamic PanelPanelPanelPanel DataDataDataData””””

ZhilinZhilinZhilinZhilin HuangHuangHuangHuang (hzhil@163.com), Xiamen University, China; and Xiaoqiong LaiDiscussant: Weibo Xiong (Heriot-Watt University)

[5][5][5][5] ““““MeasuringMeasuringMeasuringMeasuring thethethethe MonetaryMonetaryMonetaryMonetary PolicyPolicyPolicyPolicy StanceStanceStanceStance ofofofof thethethethe PeoplePeoplePeoplePeople’’’’ssss BankBankBankBank ofofofof ChinaChinaChinaChina””””

WeiboWeiboWeiboWeibo XiongXiongXiongXiong (wx22@hw.ac.uk), Heriot-Watt University, UKDiscussant: Xiaojun Yang (Shanghai University of Finance and Economics)

C11C11C11C11 OldOldOldOldAgeAgeAgeAge SecuritySecuritySecuritySecurity andandandand IncomeIncomeIncomeIncome DistributionDistributionDistributionDistribution

Chair: Jianbao Chen (Xiamen University)

[1][1][1][1] ““““OnOnOnOn thethethethe EUEUEUEUModelModelModelModel ofofofof CareCareCareCare andandandand ProtectionProtectionProtectionProtection forforforfor SeniorSeniorSeniorSenior CitizensCitizensCitizensCitizens””””

LipingLipingLipingLiping HouHouHouHou (houlp@swufe.edu.cn), Southwest University of Finance and Economics, ChinaDiscussant: Jun Wang (Central University of Finance and Economics)

[2][2][2][2] ““““TheTheTheThe ImpactImpactImpactImpact ofofofof Elder-CareElder-CareElder-CareElder-Care PatternsPatternsPatternsPatterns onononon ChineseChineseChineseChinese ElderlyElderlyElderlyElderly’’’’ssss HealthHealthHealthHealth andandandandWell-BeingWell-BeingWell-BeingWell-Being””””

JunJunJunJun WangWangWangWang (wjking1@tom.com), Central University of Finance and Economics, China; Hong Liuand Song GaoDiscussant: Liping Hou (Southwest University of Finance and Economics)

[3][3][3][3] ““““EconomicEconomicEconomicEconomic GrowthGrowthGrowthGrowth andandandand IncomeIncomeIncomeIncome Inequality--AnInequality--AnInequality--AnInequality--An AnalysisAnalysisAnalysisAnalysis ofofofof thethethethe EvolutionEvolutionEvolutionEvolution ofofofof thethethethe RedistributionRedistributionRedistributionRedistribution

PolicyPolicyPolicyPolicy inininin ChinaChinaChinaChina””””

DaweiDaweiDaweiDawei CheCheCheChe (dwche@yahoo.com.cn), Shanghai University of Finance and Economics, China; and

Ling ShenDiscussant: Jianbao Chen (Xiamen University)

[4][4][4][4] ““““SocialSocialSocialSocial SSSSecurityecurityecurityecurity CCCContributionontributionontributionontribution andandandand HHHHouseholdouseholdouseholdousehold CCCConsumptiononsumptiononsumptiononsumption””””

BinzhenBinzhenBinzhenBinzhenWuWuWuWu (jiny04@gmail.com), Tsinghua University, China; Bai Chong-en and Ye JinDiscussant: Dawei Che (Shanghai University of Finance and Economics)

[5][5][5][5] ““““MeasurementMeasurementMeasurementMeasurement andandandand DecompositionDecompositionDecompositionDecomposition ofofofof GiniGiniGiniGini CoefficientsCoefficientsCoefficientsCoefficients BasedBasedBasedBased onononon IncomeIncomeIncomeIncome DistributionsDistributionsDistributionsDistributions ofofofof

UrbanUrbanUrbanUrban andandandand RuralRuralRuralRural HouseholdsHouseholdsHouseholdsHouseholds inininin ChinaChinaChinaChina””””

JianbaoJianbaoJianbaoJianbao ChenChenChenChen (jhduan001@163.com), Xiamen University, China; and Duan JinghuiDiscussant: Yinqi Sun (Xiamen University)

[6][6][6][6] ““““TheTheTheThe EvolutionEvolutionEvolutionEvolution ofofofof IncomeIncomeIncomeIncome GapGapGapGap inininin China,China,China,China, 1952-2008:1952-2008:1952-2008:1952-2008: StructuralStructuralStructuralStructural ChangesChangesChangesChanges inininin ConvergenceConvergenceConvergenceConvergence

RegressionRegressionRegressionRegression””””

YinqiYinqiYinqiYinqi SunSunSunSun (sun.yinqi@gmail.com), Xiamen University, ChinaDiscussant: Binzhen Wu (Tsinghua University)

4:00pm-4:30pm4:00pm-4:30pm4:00pm-4:30pm4:00pm-4:30pm PIIIPIIIPIIIPIII PosterPosterPosterPoster SessionSessionSessionSession IIIIIIIIIIII

Venue: Next to Room 102 Jiageng Building-1

[1][1][1][1] ““““FinancialFinancialFinancialFinancial Crisis,Crisis,Crisis,Crisis, State-OwnedState-OwnedState-OwnedState-Owned BackgroundBackgroundBackgroundBackground andandandand EconomicEconomicEconomicEconomic ConsequencesConsequencesConsequencesConsequences ---- BasedBasedBasedBased onononon thethethethe

PerspectivePerspectivePerspectivePerspective ofofofof ‘‘‘‘StaffStaffStaffStaff’’’’ StrategyStrategyStrategyStrategy andandandand FinancingFinancingFinancingFinancingAdvantageAdvantageAdvantageAdvantage””””

PingPingPingPing GaoGaoGaoGao (pingzi7743@163.com), Southwest University of Finance and Economics, China; andYongqiang Ma

[2][2][2][2] ““““RegionalRegionalRegionalRegional DecentralizationDecentralizationDecentralizationDecentralization andandandand EnergyEnergyEnergyEnergy Efficiency-EvidenceEfficiency-EvidenceEfficiency-EvidenceEfficiency-Evidence fromfromfromfromChineseChineseChineseChinese CitiesCitiesCitiesCities””””

ZhiZhiZhiZhi LiLiLiLi (lizhi509@gmail.com), Xi’an Jiaotong Univeristy, China

[3][3][3][3] ““““FactorsFactorsFactorsFactors InfluencingInfluencingInfluencingInfluencing CDMCDMCDMCDMLocationsLocationsLocationsLocations inininin ChinaChinaChinaChina””””

HongliHongliHongliHongli FengFengFengFeng (hfeng@iastate.edu), Iowa State University, USA; and Jiwoong Kim[4][4][4][4] ““““TheTheTheThe Co-MovementCo-MovementCo-MovementCo-Movement inininin thethethethe CAFTACAFTACAFTACAFTA’’’’ssss StockStockStockStock MarketsMarketsMarketsMarkets UsingUsingUsingUsing Time-VaryingTime-VaryingTime-VaryingTime-Varying Copula-BasedCopula-BasedCopula-BasedCopula-Based

MultivariateMultivariateMultivariateMultivariate GARCHGARCHGARCHGARCHModelModelModelModel””””

MoMoMoMoYanYanYanYan (moyan86@gmail.com), Xiamen University, China[5][5][5][5] ““““PricingPricingPricingPricing Mortality-linkedMortality-linkedMortality-linkedMortality-linked SecuritiesSecuritiesSecuritiesSecurities withwithwithwith DependentDependentDependentDependent LivesLivesLivesLives underunderunderunder thethethethe MultivariateMultivariateMultivariateMultivariate ThresholdThresholdThresholdThreshold

LifeLifeLifeLife TableTableTableTable””””

JianJianJianJianWenWenWenWen (jwen@cufe.edu.cn), Central University of Finance and Economics, China; Hua Chen andSamuel H. Cox

[6][6][6][6] ““““HouseHouseHouseHouse PricePricePricePrice BubblesBubblesBubblesBubbles inininin ChinaChinaChinaChina””””

CongCongCongCong XiongXiongXiongXiong (wjking1@tom.com), Xiamen University, China; and Yufei Yuan

6:00pm-8:30pm6:00pm-8:30pm6:00pm-8:30pm6:00pm-8:30pmGregoryGregoryGregoryGregory ChowChowChowChow BestBestBestBest PaperPaperPaperPaperAwardsAwardsAwardsAwards andandandand FarewellFarewellFarewellFarewell DinnerDinnerDinnerDinner

Sight-SeeingSight-SeeingSight-SeeingSight-Seeing TourTourTourTour (Free for all conference registrants and their family members)OptionOptionOptionOption I:I:I:I: 8:30am-5:00pm8:30am-5:00pm8:30am-5:00pm8:30am-5:00pm Tour to Hakka Valley (the “Earth Buildings”)

http://www.ccnpic.com/English/picture_content.html?id=986

http://www.fjtlw.gov.cn/

OptionOptionOptionOption II:II:II:II: 8:30am-12:30pm8:30am-12:30pm8:30am-12:30pm8:30am-12:30pm Tour to Gulangyu Island and Xiamen University

http://www.chinavista.com/xiamen/tour/gly.html

http://www.gulangyu.net/main.htm

Detailed Program ofwise.xmu.edu.cn/Master/News/NewsPic/201061815617238.pdf• Hua Chen ( Vice...

Documents

Transcript of Detailed Program ofwise.xmu.edu.cn/Master/News/NewsPic/201061815617238.pdf• Hua Chen ( Vice...

„Der Bulette“ · „Der Bulette“ neu im Dschungelcafé chen € t chen € e chen 90 € el es Ei € mit Speck € chen € en Käse) €, Honig la chen € ersch. belegt t

Engel Chen

10 02 22 Fujian Earth Building (福建土樓)

Kaiyu Chen

ruach chen

การประกอบวิชาชีพ กรอบความ ...203.170.248.248/coe-2/newsPic/N-20191212111818-2.pdf · 2019. 12. 12. · 1.1 มีความร ู้ความเข

2009...Ka Chic. Christina Chiu peter Cho Allen Chen Clifford Cheng Jeffrey Cheung Denny Chen Jessica Chen Lina Chen Pei Xi Chen Rebecca Chen David Cheng Gary Cheng Stephen Cheong Crystal

Timoteo Chen

Ningyang cricketNingyang cricket -----by Chen Xuekui -----by Chen Xuekui.

Chen puttel chen ase olle neiderlein lenspiegel linchen.

Chen Chen Planeamiento

2018 8D7N FUJIAN FULL EXPERIENCE(GV10) - New Shan … · · 2018-01-25Title: Microsoft Word - 2018 8D7N FUJIAN FULL EXPERIENCE(GV10) .docx Author: lily.lie Created Date: 1/25/2018

!Chen Chen Tai Chi (Laojia Yilu) (Zheng Lei)

World Bank Document · 2016-08-31 · Zaiping, Yao Keping, Yang Huisheng, Pei Chuanzhi, Lin Bifen, Chen Nenggeng, and Cao Dewang of Fujian Zhao Xiangeng, Chen Xin, Liu Xuemei, Wan

Owen1997 Inc Chen Chen

CHEN SHUZHONG

noodle chen

Fujian Ground Skills (Wang Peikun, Zhang Dayong)

fujian oil

dornsife.usc.edu · Marissa Chavez Nelly Chavez Harshvardhan Chawla Michael Cheah Angela Chen Bonnie Chen Catherine Chen Christine Chen Frank Chen Hanlong Chen Jane Chen Jason Chen