Research Information

Research at Lingnan, Hong Kong
　

Major Publications in Financial Economics by Lingnan staff members

　

Barth, James R. Chen Lin, Ping Lin, and Frank M. Song, "Corruption in Bank Lending to Firms: Cross-Country Micro Evidence on the Beneficial Role of Competition and Information Sharing", Journal of Financial Economics, 2009.

　

Chan, Yuk-Shee, and Anjan Thakor, Collateral and Competitive Equilibria with Moral Hazard and Private Information, Journal of Finance, June 1987, pp. 345-63.

　

Slovin, M. B., M. E. Sushka, Kent W. L. Lai, Alternative flotation methods, adverse selection, and ownership structure: evidence from seasoned equity issuance in the U.K., Journal of Financial Economics, Volume 57, Issue 2, August 2000, Pages 157-190.

　

Firth, Michael, Chen Lin, and Hong Zou, Friend or Foe? The Role of State and Mutual Fund Ownership in the Split Share Structure Reform in China, Journal of Financial and Quantitative Analysis, forthcoming.

　

Firth, M, Chen Lin, and S. Wong, Leverage and Investment under a State-Owned Bank Lending Environment: Evidence from China, Journal of Corporate Finance, Vol. 14, 2008, pp. 642-653.

　

Firth, M, Chen Lin, P. Liu and S. Wong, Inside the Black Box: Bank Credit Allocation in China's Private Sector, Journal of Banking and Finance, forthcoming.

　

Ho, Lok-sang, Yue Ma, and Don Haurin, "Domino Effects within a Housing Market: The Response of House Prices Across Quality Tiers", Journal of Real Estate Economics and Finance, 2009.

　

Lin, Chen, and D Su, Industrial Diversification, Partial Privatization and Firm Value: Evidence from Publicly Listed Firms in China, Journal of Corporate Finance, Vol. 14, 2008, pp. 405-417.

　

Ma, Yue, and A Kanas, Testing Nonlinear Relationship among Fundamentals and Exchange Rates in the ERM, Journal of International Money and Finance, 19(1), Feb. 2000, pp. 135-152. (Software used in this paper: The nonparametric cointegration software EasyReg can be found in Prof Bierens webpage and Breiman & Friedman's ACE Fortran programme can be found at StatLib website.)

　

Tsang, Shu-ki, and Yue Ma, Currency substitution and speculative attacks on a currency board system, Journal of International Money and Finance, 21(1), Feb. 2002, 53-78.

Working paper:

Houston, Joel F., Chen Lin, and Yue Ma, Causes and Consequences of International Bank Flows (August 3, 2009). Available at SSRN: http://ssrn.com/abstract=1443520

Full Publications

Major Publications in Economics

　

Campbell, Tim, and Yuk-Shee Chan, Optimal Financing Contracting with Ex-Post and Ex-Ante Observability Problems, Quarterly Journal of Economics, May 1992, pp. 785-795.

　

Chen, Edward K. Y., and Ping Lin, Competition Policy under Laissez-faireism: Market Power and Its Treatment in Hong Kong, Review of Industrial Organization, 21, 2002, 145-166.

　

Cheung, K.Y., and Ping Lin, Spillover Effect of FDI on Innovation in China: Evidence from the Provincial Data, China Economic Review, 15 (1), 2004, 25-44.

　

Fan, Simon, and Chen Lin, and Daniel Treisman, Political Decentralization and Corruption: Evidence from around the World, Journal of Public Economics, forthcoming.

　

Fan, Simon, and Oded Stark, 2008. Looking at the 'Population Problem' through the Prism of Heterogeneity: Welfare and Policy Analyses, International Economic Review, August 2008, 49(3): 799-835.

　

Fan, Simon, and Oded Stark, 2007. International Migration and 'Educated Unemployment', Journal of Development Economics, 2007, 83(1): 76-87.

　

Fan, Simon, and Xiangdong Wei, 2006. The Law of One Price: Evidence from the Transitional Economy of China, Review of Economics and Statistics, 2006, 88(4): 682-697.

　

Fan, Simon, 2005. Survival of the Gene, Intergenerational Transfers and Precautionary Saving, Journal of Development Economics, 2005, 76(2): 451-479.

　

Green, E., and Ping Lin, Implementing Efficient Allocations in a Model of Financial Intermediations, Journal of Economic Theory, Vol. 109 (1), March 2003, 1-23.

　

Ho, Lok-Sang, Wai-Chun Wong, and Xiangdong Wei, The Effect of Trade on Wage Inequality: the Hong Kong Case, Journal of International Economics, 67: pp.241-257, September 2005.

　

Lin, Ping, and K. Saggi, "Multinational Firms, Exclusivity, and Backward Linkages", Journal of International Economics, 71(2007), 206-220.

　

Lin, Ping, "Strategic Spin-offs of Input Divisions", European Economic Review, 50 (2006), 977-993.

　

Lin, Ping, and K. Saggi, "Product Differentiation, Process R&D, and the Nature of Market Competition", European Economic Review, 46(1), January 2002, 201-211.

　

Ma, Yue, External Shocks, Balance Sheet Contagion, and Speculative Attack on the Pegged Exchange Rate System, Review of Development Economics, 13(1), 87–98, Feb. 2009.

　

Ran, Q Jimmy, Thomas Voon, and Guangzhong Li, How Does FDI affect China? Evidence from Industries and Provinces, Journal of Comparative Economics, 35 (4), Dec 2007, pp 774-99.

　

Seade, Jesus, On the Effects of Entry, Econometrica, Vol. 48 No.2 (Mar. 1980), pp. 479-489.

　

Wei, Xiangdong, J. S. Heywood, and W. S. Siebert, and Worker sorting and job satisfaction: The case of union and government jobs, Industrial and Labor Relations Review, 55(4), pp595-609, July 2002.

　

Zhang, Yifan, J Gary, and Thomas Rawski, Productivity Growth and Convergence across China's Industrial Economy, Journal of Chinese Economic and Business Studies, 6(2), May 2008, pp.120-41.

Full Publications
　

Research Interests

Research Areas

The Economics Department at Lingnan University is a small community of active researchers and scholars. Although our research and publications are impressive -- our publications cover a whole range of highly respected journals, books, and book chapters -- we pride ourselves on being "economists of the world." Our research is down-to-earth and highly relevant to the welfare of Hong Kong people, China, and the human race. In particular, we conduct policy-relevant research on international financial markets, on the labour market, on the housing market, on industrial policy, on health policy, on social security and aging problems, and on population economics. Prof. Jesus Seade, Chair Professor of Economics and Vice President of Lingnan University, is an authority as a theorist and policy man, a former Chair in Public Economics at Warwick University in the UK but also a former Deputy Head of the World Trade Organization and Senior Advisor at the International Monetary Fund; Prof Yue Ma, Head of the Department, is an international expert on exchange rate system, a former Reader in Stiring University, Scotland; Prof. L. S. Ho is an expert on Hong Kong and on policy design and analysis. Prof Ping Lin is an expert on competition policy. Other members of staff are also experts in their respective fields. Overall, we have expertise in financial markets, tax theory and policy, labour economics, industrial economics, development economics, economics of the family, international trade, cost benefit analysis, and agricultural economics. The economics staff holds PhDs from the U.S., the U.K., Germany, Canada, and Australia.

Staff's research interests

Research and Publications

Research Projects

The greater majority of our staff have been very active in research during the year. The areas of research are broad and are all applied. They include: banking regulations, China studies, labour economics, international finance, fiscal policy, globalization, exchange rate regimes, technological change, corruption, health policy, and transport policy.

　

Last updated on 30 April 2009.