An International Conference

Hong Kong, July 22 - 23, 1997


Program

July 22, 1997

8:30 am - 9:00 am, Welcome and Registration Session

Chair: Kar-yiu Wong, Organizer, CUHK and University of Washington

Arthur K. C. Li, Vice-Chancellor, Chinese University of Hong Kong

Yun-Wing Sung, Department Head, Chinese University of Hong Kong

Bjarne S. Jensen, Organizer, Copenhagen Business School

9:00 am - 10:30 am, Session I

Chair: Yun-Wing Sung, Chinese University of Hong Kong

"Theoretical Perspectives on East Asian Growth"
Ronald Findlay, Columbia University

"Hong Kong: The Fragile Economy of Middlemen"
Henry Wan and Jason Weisman, Cornell University

"Trade Gains in Chaotic Equilibria"
Murray C. Kemp, University of New South Wales, and Koji Shimomura, Kobe University

10:30 am - 10:45 am, Coffee Break

10:45 am - 12:15 pm, Session II

A: Chair: Alan Deardorff, University of Michigan

"Industrialization, Economic Growth and International Trade"
Kar-yiu Wong, Chinese University of Hong Kong and University of Washington, and Chong-Kee Yip, Chinese University of Hong Kong
Discussant: Koon Lam Shea, University of Hong Kong

"Learning by Doing, Knowledge Spillover and International Oligopoly"
Ngo Van Long, McGill University
Discussant: Kotaro Suzumura, Hitotsubashi University

"The Visible Hand in Promoting Growth"
Haiying Zhao, University of Hong Kong
Discussant: Fukunari Kimura, Keio University

B: Chair: Charles A. Ingene, Chinese University of Hong Kong

"International Trade and Economic Convergence: The Credit Channel"
Philip Lane, Columbia University
Discussant: Francis Lui, Hong Kong University of Science & Technology

"Cyclical Schumpeterian Growth in the Global Economy"
Leonard Cheng, Hong Kong University of Science & Technology, and Elias Dinopoulos, University of Florida
Discussant: Peter Skott, University of Aarhus

"The Dynamics of Debt and Growth in Small and Large Open Economies"
Gabriel Talmain, University of York
Discussant: E. Kwan Choi, Iowa State University

12:15 pm - 2:00 pm, Lunch

2:00 pm - 3:30 pm, Session III

A: Chair: Michael Devereux, University of British Columbia

"Intellectual Property Rights Protection, Foreign Direct Investment and Innovation"
Amy Jocelyn Glass, Ohio State University, and Kamal Saggi, Southern Methodist University
Discussant: Emily Cremers, Hong Kong University of Science & Technology

 

"R&D, Human Capital, and Economic Growth"
Christian Groth, University of Copenhagen
Discussant: Liu Chun Wah, Chinese University of Hong Kong

"North-South Product Cycles and Technology Transfer"
Edwin Lai, Vanderbilt University
Discussant: Seiichi Katayama, Kobe University

B: Chair: Hossein Jalilian, University of Bradford

"Economic Divergence and Institutional Change: Some Observations on the Convergence Literature"
Peter Skott, University of Aarhus
Discussant: Larry Qiu, Hong Kong University of Science & Technology

"Income Tax, Property Tax and Tariff in A Small Open Economy"
Charles Ka Yui Leung, Chinese University of Hong Kong
Discussant: Hiroshi Ohta, Aoyama Gakuin University

"Trade Liberalization and Productivity Growth: Evidence from Indian Manufacturing"
Satish Chand and Kunal Sen, Australian National University
Discussant: Pak-Hung Mo, Hong Kong Baptist University

3:30 pm - 3:45 pm, Coffee Break

3:45 pm - 5:15 pm, Session IV

A: Chair: Victor Mok, Chinese University of Hong Kong

"Growth and Wage Inequality with Foreign Investment"
Liansheng Wang, Australian National University
Discussant: Christian Groth, University of Copenhagen

"Growth, Human Capital and Trade"
Victor Hung, City University of Hong Kong, and Keith Blackburn, University of Manchester
Discussant: Satish Chand, Australia National University

"International Capital Flows and Growth under Endogenous Degrees of Complementarity between Domestic and Foreign Capital Goods"
Harm Zebregs, Erasmus University
Discussant: Chi-Chur Chao, Chinese University of Hong Kong

B: Chair: Ben-Chieh Liu, National Dong Hwa University

"Growth, Knowledge Transfer and European Integration"
Rasha M. Torstensson, Lund University
Discussant: Harald Preissler, University of Ulm

"Total Factor Productivity and Outward Orientation in Taiwan: What is the Nature of the Relationship?"
Sbastien Dessus,OECD Development Centre
Discussant: Yoo Soo Hong, Korea Institute for International Economic Policy

"Empirical Evidence for the Endogenous Growth by Evolution in Division of Labor"
Been-Lon Chen, Academia Sinica, Jeff Chien-fu Lin, National Taiwan University, and Xiaokai Yang, Monash University
Discussant: Yew Kwang Ng, Chinese University of Hong Kong and Monash University

July 23, 1997

9:00 am - 10:30 am, Session V

Chair: Pak-Wai Liu, Chinese University of Hong Kong

"Diverging Population and Endogenous Growth"
Alan Deardorff, University of Michigan

"Human Capital Formation, Asymmetric Information, and the Dynamics of International Migration"
Oded Stark, University of Olso and University of Vienna, and Nancy H. Chau, Southern Illinois University at Carbondale

"Catching-Up and Regulation in a Two-Sector Open Economy"
Theo van de Klundert and Sjak Smulders, Tilburg University

10:30 am - 10:45 am, Coffee Break

10:45 am - 12:15 pm, Session VI

A: Chair: Lok-Sang Ho, Lingnan College

"Simple Stochastic Dynamic Systems of Growth and Trade"
Bjarne S. Jensen and Chunyan Wang, Copenhagen Business School
Discussant: Ngo Van Long, McGill University

"Trade and Growth Dynamics: A VAR Approach"
Zhen Zhu, University of Oklahoma
Discussant: Win-Lin Chou, Chinese University of Hong Kong

"Chaotic Equilibrium in a Small Open Overlapping Generations Economy with Child-Parent Externality"
Koji Shimomura, Kobe University, and Kazuo Nishimura, Kyoto University
Discussant: Rodney Chun, Chinese University of Hong Kong

B: Chair: Yiu-Kwan Fan, Hong Kong Baptist University

"Foreign Investment and Economic Growth: Theoretical Issues and Empirical Application to Chinese Provinces (1985-94)"
Sylvie Demurger, OECD Development Centre and IDREC-CERDI, and Jean-Claude Berthelemy, OECD Development Centre
Discussant: Sung-Ko Li, Hong Kong Baptist University

"Export Expansion and Economic Growth in China"
Shuanglin Lin, University of Nebraska-Omaha
Discussant: Masao Oda, Kansai University

"Exports, Foreign Investment and Economic Growth in China"
Ping Hua, IDREC-CERDI
Discussant: Sean Dougherty, MIT Science & Technology Initiative

12:15 pm - 2:00 pm, Lunch

2:00 pm - 3:30 pm, Session VII

A: Chair: Siang Ng, Chinese University of Hong Kong

"Tied Aid, the Current Account and Welfare"
Eden S. H. Yu andChi-Chur Chao, Chinese University of Hong Kong
Discussant: Taek Dong Yeo, Yeung Nam University

"Illegal Migration and Growth"
Bharat R. Hazari and Pasquale M. Sgro, Deakin University
Discussant: Chong-Kee Yip, Chinese University of Hong Kong

"Foreign Aid and Endogenous Growth"
Sailesh K. Jha, Chinese University of Hong Kong
Discussant: Young Man Yoon, University of Inchon

B: Chair: Tang Kwong Yiu, Hong Kong Government

"Economic Growth in Asia"
Jong-Wha Lee, Korea University, Jeffrey D. Sachs and Steve Radelet, Harvard University and HIID
Discussant: Haishun Sun, Deakin University

"Economic Growth and International Trade: the Case of Hong Kong"
Win-Lin Chou, Chinese University of Hong Kong, and Kar-yiu Wong, Chinese University of Hong Kong and University of Washington
Discussant: Jeff Chien-fu Lin, National Taiwan University

"Long Run Real Exchange Rate Determination: Alternative Explanations and Evidence from Asian Countries"
Michael Devereux, University of British Columbia
Discussant: Partha Sen, Delhi School of Economics

6:00 pm Conference Dinner