Session Keynote

Venue: Lanshow Hall

Chair: Kaixiang Peng, Henan University

Time: 8:40-10:00 Day 1

The Political Economy of Early Modern Conquest: an Economic Model

Philip Hoffman (CaliforniaInstitute of Technology)

By the 1700s Europeans dominated the gunpowder technology, which was surprising, because it had originated in China and been used with expertise throughout Eurasia. To account for their dominance, historians have invoked competition, but it cannot explain why they pushed this technology further than anyone else. The answer lies in taking a simple tournament model of military competition that allows for learning by doing and combining it with the effect that past political history has on future incentives. The combination then explains why the rest of Eurasia fell behind Europeans in developing the gunpowder technology. The consequences were huge, from imperialism to the slave trade and even the Industrial Revolution.

Plenary Session I

Venue: Lanshow Hall

Session Title: Institutions in Historical China

Chair: Kenneth Chan, McMaster University

Time: 10:15-12:30 Day 1

Chen, Qiang (Shandong Univ.) Natural Disasters, Ethnic Diversity, and the Size of Nations: Two Thousand Years of Unification and Division in Historical China

Peng, Kaixiang (Henan Univ.) Financial Integration between China and the World: 1870-1940, (with Z. Chen and D. Long)

Chan, Kennth S. (McMaster Univ.) The Evolutionary History of Imperial Chinese Institutions: Part 1

Parallel Session A1

Time:13:30-15:30 Day 1

Venue: Yongtai Hall

Chair: Lex Zhao, Kobe University

Zhao, Lex (Kobe Univ.) China’s Dual Labor Market and Reform

She, Ji (SWUFE), When Confucius Meets Jesus: Protestantism in China in 1920s and behaviors of filial piety in 2011, (with Jie He)

Liao, Yu (SWUFE) Housing Wealth Appreciation and Labor Force Participation in Urban China

Huang, Bihong (Univ. of Macau), Adult Children Migration and Their Parents Left Behind: Evidence from China (with Y. Lian and W. Li)

Parallel Session A2

Time: 13:30-15:30 Day 1

Venue: Chaoyang Hall

Chair: Keun Lee, Seoul National University

Chen, Yang (XJ Liverpool Univ.) Fiscal competition, public good provision and economic convergence speed: A comparative dynamic analysis (with W.H. Huang)

Wu, Jun (Shanghai Jiao Tong University) Finance Development and Innovation: The Role of Political Institution (with Chun-Yu Ho, Shaoqing Huang, Hao Shi)

Zhang, Yuxiao (Renmin Univ.) Contractual hazard, political hazard and FDI ownership structure in joint-venture enterprises in China (with H. Nie, T. Jiang, and M. Fang)

Lee, Keun (Seoul National Univ.) Successive Changes in industry leadership and Catch-up by the Latecomers: Toward a theory of Catch-up cycles

Parallel Session A3

Time: 13:30-15:30 Day 1

Venue: Tianbo Hall

Chair: Qianqian Wang, Henan University

Hu, Wuyang (Univ. of Kentucky) International Fish Demand, Trade and Implications for Chinese Producers (with P. Qing and A. Xi)

Wang, Qianqian (Henan Univ.) Exporters in Cross Section: Direct vs. Intermediated Trade

Egger, Peter (ETH) Contagious Exporting and Foreign Ownership: Evidence from Firms

in Shanghai using a Bayesian Spatial Bivariate Probit Model (with B. Baltagi and M. Kesina)

Plenary Session II

Venue: Mingdu Hall

Session Title: Institutional Changes

Chair: Se Yan, Peking University

Time: 15:45-18:15 Day 1

Song, Bingtao (Henan Univ.) The Rise and Fall of Yellow River Civilization: A Model of Public Economic System Evolution

Ma, Chicheng (Shandong Univ.) Confucianism and Capitalism

Gong, Jiong (UIBE) The Twin Deficit of Song Dynasty (with B. Dong)

Yan, Se (Peking Univ.) The Long-Term Effects of Protestant Activities in China (with Yuyu Chen and Hui Wang)

Plenary Session III

Venue: Mingdu Hall

Session Title: Institutions and Development

Chair: Biung-Ghi Ju, Seoul National University

Time: 8:30-10:30 Day 2

Crew, Michael (Rutgers University) Developing New Business Models for the Postal Sector (with Tim Brennan)

Biung-Ghi Ju (Seoul National Univ.) Fair Allocation of Disputed Properties (with Juan D. Moreno-Ternero)

Gulcin Ozkan (York Univ.) It is not your fault, but it is your problem: Global financial crisis, capital flow reversals and emerging markets

Parallel Session B1

Time: 10:45-12:45 Day 2

Venue: Mingdu Hall

Chair: Kwan Choi, Iowa State University

Choi, Kwan (Iowa State Univ.) Unemployment and Optimal Currency Intervention in an Open Economy (with H. Jin)

Sgro, Pasquale (Deakin Univ.) Strategic Quality Competition, Mixed Oligopoly and Privatization, (with M. Nabin, X. Nguyen, C.C. Chao)

Chan, Leo (Utah Valley Univ.) Are All Foreign Capitals Created Equal? Evidence from Asia and Latin America (with M. Sotomayor)

Wan, Henry (Cornell Univ.) Growth Theory; Rising Giants: Bardhan and Lucas (with An-Chi Tung) Canceled due to visa problem

Parallel Session B2

Time:10:45-12:45 Day 2

Venue: Yongtai Hall

Chair: Makram El-Shagi, Henan University

Fuchs, Andreas (Heidelberg Univ.) Tracking Under-Reported Financial Flows: China’s Development Finance and the Aid-Conflict Nexus Revisited (with A. Strange, B. Parks, M. Tierney, and A. Dreher)

El-Shagi, Makram (Henan Univ.) Does the Greenspan Era Provide Evidence on Leadership in the FOMC? (with A. Jung)

Gu, Xinhua (Univ. of Macau) Inequality, Leverage, and Crises: Theory and Evidence Revisited (with B. Huang and Y. Zhang)

Chiang, Tsun-Feng (Henan Univ.) Financial Risk and Household Characteristics: An Alternative Perspective for the Empirical Study of Portfolio Choices

Parallel Session C1

Time:13:45-15:45 Day 2

Venue: Yongtai Hall

Chair: Bing Tong, Henan University

Fu, Shihe (SWUFE) Highway Toll and Air Pollution: Evidence from Chinese Cities (with Y. Gu)

Tong, Bing (Henan Univ.) A DSGE-VAR Model for Forecasting the Chinese Economy

Wen, Xingxiang (SWUFE), The Effects of Air Pollution on Labor Productivity: Evidence from Chinese Manufacturing Firms

Song, Quanyun (SWUFE) The Effect of Daily Air Pollution on Traffic Congestion: Evidence from Beijing

Parallel Session C2

Time:13:45-15:45 Day 2

Venue: Mingdu Hall

Chair: Guixia Guo, UIBE

Wang, Chunyang (Peking Univ.) Local Finance and Local Growth

Sheng, Pengfei (Henan Univ.) TheConvergence of China’s Provincial Industry: A Framework with Environmental Total-Factor Productivity

Lu, Ding (Univ. of Fraser Valley), The Phenomenon of “Youth Drain”: Its Institutional Causes and Implications on Regional Economic Development

Guo, Guixia (UIBE) Can Rish Retention Requirement Enhance Bank’s Incentive to Monitor Securitized Loans? (with T. Shen)

Plenary Session IV

Venue: Mingdu Hall

Session Title: Shocks and Institutions

Chair: Baomin Dong, Henan University

Time: 16:00-18:00

Day 2

Chao, Chi-Chur (Deakin Univ.) Environmental Migration and Capital Tax (with Eden Yu)

Guochang, Zhao (SWUFE) The Intergenerational Effect of the Cultural Revolution on Education (with X. Meng)

Dong, Baomin (Henan Univ.) The Great Henan Famine