Department of Economics and Finance City University of Hong Kong 83 Tat Chee Ave., Kowloon, Hong Kong
Ph.D. Economics. Brown University 1977
M.A. Economics. Brown University 1973
B.A. Sc. (Engineering). University of Toronto 1969
International Trade and Finance
Economic History of China
Visiting Professor, Lingnan College, SunYat-sen University, Guangzhou, China.
Head and Professor, Department of Economics and Finance, City University of Hong Kong.2008 - 2011
Associate Dean (Undergraduate), Faculty of Business, City University of Hong Kong 2007 - 2008
Professor, Department of Economics and Finance, City University of Hong Kong, 2006- present
Professor, Department of Economics, McMaster University 1988 - 2007.
Associate Professor, Department of Economics, McMaster University 1980-1988
Assistant Professor, Department of Economics, Saint Mary's University 1976-80
ACADEMIC COMMITTEES SERVED:
At the City University of Hong Kong:
Director: Brown Bag Seminar Series (January 2006 - July 2007)
Departmental Steering Committee: Committee Member (January 2006 – present)
Departmental Staffing Committee: Committee Member (September 2006- present)
At McMaster University, Canada:
Committee of Faculty Tenure and Promotion: 1993-1994; 2000-2001; 2004-2005
McMaster Experimental Economics Laboratory: Committee member, 1994- 2005
Undergraduate Awards and Scholarships Committee, 1980-81
University Faculty Council 1988-1991, 1992-1995, 1996-1997.
Department Library Committee, 1980-81
Department Undergraduate Studies Counselor, 1981-1987
Coordinator of Graduate Workshop, Graduate Studies Committee, 1987-1991
Graduate Studies Committee, 1991- 2005.
Japanese Studies Program McMaster University: Committee member (1994-2002) Theme
Schools at McMaster University:
Theme School on Globalization, Social Change and the Human Experience (member, 1998-02)
Theme School of International Justice and Human Rights (member, 1995-98) At Saint Mary's University, Canada:
Chairman, Economics Department, 1978-79
Department Search Committee, 1977-79
At the City University of Hong Kong
(i) Undergraduate Courses: International Finance (EF4471); Economies of China and Hong Kong (EF3461); Experimental Methods in Economics and Finance (EF4485).
(ii) Postgraduate Courses: Experimental Methods for Economic and Business Analysis (EF5056); Experimental Economics (EF5403); China Economy (EF5401); International Finance (EF5406).
At McMaster University:
(i) Undergraduate Courses: Asia-Pacific Economies; Intermediate Macroeconomics; Intermediate Income and Employment Theory I and II; Development; International Trade; International Finance; International Economic Cooperation And Human Rights (at the Theme School of International Justice and Human Rights, McMaster. University); Globalization, Trade and Economic Development (at the Theme School of Globalization, Social Change and the Human Experience, McMaster University).
(ii) Graduate Courses (PhD level): International Finance; International Trade; Commercial Policy;
(iii) MBA Courses: Managerial Economics; Economic Development, Trade and Foreign Investment; International Financial System; International Financial Management
(iv) MA Course, at the Institute of Globalization and the Human Condition, McMaster University: International Trade and Development
At the City University of Hong Kong:
(1) MPhil. Supervision Sze Sze Lo, September 2006 - 2009 3 Mingming Jiang September 2007- 2009
(2) PhD Supervision Te, Jennifer Lai, 2007 – 2011 (completed 2011)
(3) DBA Mentor Huang, Lih Yueh Lydiya, September 2006 – Josiah Chan 2009 - Elton Tam 2009 -
At McMaster University: Doctoral Thesis Supervision
(1) Dang, Vinh Q.T. (Committee Chair) Title: Three Essays in International Finance (Completed 2006).
(2) Childs, Jason (Committee member) Title: Experiments in International Finance (completed 2003)
(3) Ahmad, Nagish (Committee Chair) 1997-1999 (incomplete)
(4) Sun, Liming (Member) Title Economic Reform in Central-Planning Economics (completed 1991).
(5) He, Yunke (Committee Chairman) Title: Imperfect Competition in a Model of International Finance (completed 1991).
(6) Rhee, Jae-Young (Committee Chairman) Title: Strategic Exchange Rate Coordination: A three Country Model. (completed 1991)
(7) Johnson, James (Committee member) Title: Production and Efficiency at Ontario University (completed 1987)
(8) Kabalouris, Mihail (Committee Chairman) Title: Purchasing Power Parity and Exchange Rate Over-shooting (Completed 1985)
LIST OF PUBLICATIONS
(A) Peer-reviewed Journal Articles
Chan K.S., Vinh Q.T. Dang and Isabel K.M. Yan “Financial Liberalization and Financing Constraints: Some Evidence from Panel Data of Chinese Firms”; China Economic Review forthcoming.
Chan K.S., Vinh Q.T. Dang and Isabel K.M. Yan, “Chinese Firms' Political Connection, Ownership Type, and Financing Constraints" Economics Letters forthcoming.
Chan K.S., Vinh Q.T. Dang , Ming Ming Jiang and Isabel K.M. Yan “ Effects of Financial Liberalization and Political Connection on Listed Chinese Firms’ Financing Constraints” World Economy, Forthcoming. 4
Chan, K.S. and J-P Laffargue “Foreign Threats, Technological Progress and the Rise and Decline of Imperial China” Pacific Economic Review, Forthcoming.
Chan K.S. and V.Q.T. Dang, “The 1992 Japanese Financial Collapse and the 1997-8 East Asian Currency Crisis: A Coincidence?”, Review of International Economics. January 2012; 20-1; 1-17.
Chan, K.S., S. Mestelman, R. Moir, R.A. Muller; “Communication, Equity and the Voluntary Provision of a Public Good by Heterogeneous Groups” Journal of Socio-Economics, 2012, January; 41-1; 87-94
Chan K.S., Vinh Q.T. Dang, Jennifer T. Lai, Isabel K.M. Yan “Regional Capital Mobility in China: 1978-2006”, Journal of International Money and Finance, November 2011; 30-7; 1506-1515
Chan K.S., Vinh Q.T. Dang , Ming Ming Jiang and Isabel K.M. Yan “On China’s Provincial Capital Mobility and the Role of the Government: Empirical Evidence Over 1970-2006” World Economy, 2011, July; 34-7,1216-36
Chan K.S. and V. Q.T. Dang "Unilateral Trade Liberalization and Export-Led Growth in the World Economy: Some Post-War Evidence.” Empirical Economics, March 2010; 38-3; 689-703
"Foreign Trade, Commercial Policies and the Political Economy of the Song and Ming Dynasties of China " Australian Economic History Review (a SSCI listed journal) 48-1. March 2008. 69-90
"Trade, Social Values and the Generalized Trust" Southern Economic Journal. 73-3, January 2007, 733-753.
ATrust Games, the Moral of the Story@ , Pacific Economic Review. 11-2, 2006. 223-46.
"Crowding Out Voluntary Contributions To Public Goods", with R. Godby, S. Mestelman and R.A. Muller. Journal of Economic Behavior and Organization. 48. 2002. 305-317.
"Trade and Bureaucracy Efficiency", Economic Development and Cultural Change. 50-3, April 2002. 735-754.
AContagion and Trade Similarities Among the Asian Crisis Economies@ with C.C. Chao and W.L. Chou, Journal of Asian Economics,13. 2002. 271-283
Currency Substitution between the Hong Kong Dollars and the Reminbi in South China@, Pacific Economic Review. February 2002. 37-50.
AThe Role of (Non-)transparency in a Currency Crisis Model@, with Y.S. Chiu, European Economic Review. 46-2, February 2002: 397-416.
AFinancial Linkages Among the Asian Crisis Economies@, with C.C. Chao and W.L. Chou. World Economy, August 2001, 24-8: 977-988.
"Value Orientations: Income and Displacement Effects" with Neil Buckley, Stuart Mestelman, James Chowhan, and Mohamed Shehata, Experimental Economics, 2001. 4: 183-195.
"Heterogeneity and The Voluntary Provision of Public Goods", with R. Moir, S. Mestelman and R.A. Muller. Experimental Economics, 2:5-30, 1999.
"Currency Crises and the Modified Currency Board System in Singapore", with K.J. Ngiam. Pacific Economic Review 3-3. October 1998. 243-263
"Equity Theory and the Voluntary Provision of Public Goods When Income is Not Distributed Equally", with R. Godby, S. Mestelman and R.A. Muller. Journal of Economic Behavior and Organization. Vol. 32, No. 3, March 1997, 349-364.
"Exchange Rate Arrangements among Sticky and Flexible Price Countries: Implications for Some Asia-Pacific Economies". International Economic Journal. Vol.10 No.1 Spring. 1996. 21-32.
"Spite, Guilt and the Voluntary Provision of Public Goods When Income is Not Distributed Equally", with R. Godby, S. Mestelman and R.A. Muller, in Canadian Journal of Economics, Special Issue, Part 2, April, 1996. 605-609.
"The Voluntary Provision of Public Goods Under Varying Income Distributions", with S. Mestelman, R. Moir and R.A. Muller. Canadian Journal of Economics. 29. 1996. 25-49.
"On Trade Negotiation and Trade Diversification: Evidence from Canadian Clothing Import Quotas" Vol 40, No. 2. Journal of Development Economics.1993. pp.361-70.
" Currency Union Between Brunei and Singapore: A Cost-benefit Analysis" with Ngiam K.J. Singapore Economic Review. October 1992. pp.21-34. Times cited (G): 4.
"Bilateral Trade Negotiations and Trade Diversification: Evidence from SemiIndustrialized Countries, Vol 36. Journal of Development Economics. Oct.1991. pp.243-257.
"A Reply to Lewis" with Se-Hark Park, World Development Vol.19, No.12 Dec., 1991.
"A Cross-Country Study on the Role of the Service Sector", with Se-Hark Park, Journal of Economic Development, Vol. 14, No. 2, Dec., 1989, pp. 35-54.
"A Cross-country Input-Output Analysis of Linkages Between Industry and Services and Their Implications for Employment Generation", with Se-Hark Park, World Development. Vol. 17, February 1989, pp. 199-212.
"Trade Negotiations in a Nash Bargaining Model", Journal of International Economics, November 1988, pp. 353-363.
"Institutions, Efficiency and the Strategic Behaviour of Sponsors and Bureaus" with S. Mestelman, Journal of Public Economics, Vol. 37 1988, pp. 91-102.
"Optimum Trade Policies and Retaliation", Canadian Journal of Economics, May 1988, pp. 427-433.
The Production Effect of Discrimination: A Conceptual Investigation", Journal of Economic Behavior and Organization, June 1987, pp. 307-314.
"International Negotiation Game: Some Evidence from the Tokyo Round", Review of Economics and Statistics. Aug. 1985, pp. 456-464. Reprinted in The International Political Economy of Trade. edited by David A. Lake. Edward Elgar Publishing Ltd. Glos. UK. 1992.
"Inventories, Rational Expectations and Economic Activities", by Chan, K.S. and Y.M. Ioannides. Vol. 12, 1983 Economics Letters, pp. 235-241.
"Rational Expectation and the Optimality of Foreign Exchange Market", Canadian Journal of Economics, Feb. 1982. pp. 165-174.
"Layoff Unemployment, Risk Shifting and Productivity", by Chan, K.S. and Y.M. Ioannides, Quarterly Journal of Economics, May 1982, pp. 213-229.
"A Model of Employment Discrimination of Labor Market Disequilibrium", Volume 5, No. 2, 1980, Economics Letters, pp. 183-188.
"A Behavioral Model of Bureaucracy", April 1979, Southern Economic Journal, pp. 1188-1194. "A Dynamic Evaluation of Fixed and Flexible Exchange Rate Regimes", December 1979, American Economic Review, pp. 843-854.
"The Employment Effects of Tariffs Under Free Exchange Rate Regimes - a Monetary Approach", August 1978, Journal of International Economics, pp. 415- 423.
"The Economic Consequences of the 200-Mile Seabed Zone: The Replenishable Resource Case", May 1978, Canadian Journal of Economics, pp. 314-318.
(B) Peer-reviewed Book Chapters
"Voluntary Provision of Public Goods", with Stuart Mestelman and R. Andrew Muller, Handbook of Experimental Economics Results, Charles R. Plott and Vernon L. Smith Edited. North-Holland: Amsterdam. 2008.
A Case For A Modified Currency Boar System in Singapore", with K.J. Ngiam, in Currency Board System: A Stop-Gap Measure or A Necessary. Edited by Maggie Tan, Board of Commissioners of Currency, Singapore. 1997.
"Exchange Rate Policies of Hong Kong and Singapore: A Selective Comparison" in Challenges and Opportunities of the Three Chinese Economies edited by Chyau Tuan and Linda Ng. The Chinese University of Hong Kong Press, Hong Kong. 1996.
"A Tale of Two Currencies - Brunei and Singapore" by Chan, K.S. and K.J. Ngiam in Prudence at The Helm. Board of Commissioners of Currency, Singapore. 25th Anniversary Book.1992. pp.37-48.
A Comparative Analysis of Malaysia and the Philippines Country Report. The Economic Council of Canada, 1992. 134 pages.
An Input-Output Analysis of the Linkages Between Industry and Services and their Implications for Employment Generation. (1986), UNIDO publication (with Se-Hark Park), 72 pages.
A Regression and A Decomposition Analysis of Structural Change: A CrossCountry Study (1986), UNIDO publication (with Se-Hark Park), 39 pages.
"Fisheries", Chapter 6 in The Resource Base for Industrialization in the Gulf Cooperation Council Countries: A Framework for Cooperation (1983), Group Project UNIDO (U83-59032), pp.195-355.
(C) Peer-reviewed Conference Volume
"Inventories, Rational Expectations and Sticky Prices", by Chan, K.S. and Y.M. Ioannides in Proceedings of the Second International Symposium on Inventories edited by A. Chikan. ISIR and Akademiai, Kiado, Budapest, (1984) pp. 47-56.
(D) Report A Comparative Analysis of Malaysia and the Philippines (1992) Country Report. The Economic Council of Canada, 134 pages.
WORK IN PROGRESS
Chan, K.S. and J-P Laffargue “Emergence and Decline of the Merchant Class in Imperial China” 29 pages. Research in Progress.
Chan, K.S., C.H. Lu and B. Qu “the Silk road: a Model of Luxury Goods Trade between Imperial China and Medieval Europe in the Tang and Song dynasties” 2009 . Submitted
Chan K. S., V. Lei, and F. Vesely "An Experimental Study of Asset Bubbles and Its Implication on the Volatility of International Capital Flows" Submitted
Chan, K.S. “ Is there a theory of economic development in Yijing (the book of changes)? Institution versus Geography nexus” 2011, Research in Progress.
‘Trade Policy Schedules and Retaliations’ 16 pages, revised Fall 2011
“Institutions and the Comparative Advantage of Nations”, 25 pages. June 2006.
(1) SRG Grant (Project: 7002172). Title: Short-run and Long-run Capital Flows: Theoretical Model and Experimental Evidence. With co-investgator Lei and Vesely. Amount: HKD$178,990
(2) Social Sciences and Humanities Research Council of Canada: Title of project: The effect of Heterogeneous Endowments and Preferences on the Voluntary Provision of Public Goods, with co-investigator, Stuart Mestelman. 1997. Amount: CAD$60,000 .
(3) Asia Pacific Foundation of Canada Grant: To develop a course in Asia-Pacific Economies. 1992. Amount: CAD$12,000.
(4) Ford Foundation: (Developing Country Programmes) Consultant at People's University, Beijing, China. Fall 1985. Amount CAD$13,880.
(5). Arts Research Board: Research Operating Grant.
1. 2000, of the amount: CAD$3,600. Topic: Exchange Rate Theories and Currency Crisis: An Experimental Investigation.
2. 1995, of the amount: CAD$4,500. Topic: Homogeneity and the Voluntary Provision of Public Goods.
3. 1991, of the amount: CAD$3,000.00. Topic: The Effects of Income Distribution On The Voluntary Provision of Public Goods.
4. 1987, of the amount CAD$1,572. Topic: Trade Negotiation and the Theory of Games: Theory and Evidence.
5. 1986, of the amount CAD$1,000. Topic: Trade Negotiations and the Theory of games: An Empirical Investigation
6. 1985, of the amount of CAD$1,900. Topic: Application of Game Theory in Various Issues of International Economics.
7. 1985, of the amount of CAD$1,900. Topic: Application of Game Theory in Various Issues of International Economics.
8. 1983, of the amount of CAD$900. Topic: International Trade and the Theory of Games
Chief Editor, Pacific Economic Review, Wiley-Blackwell Publisher, Oxford UK. and Cambridge, MA., USA.(a SSCI listed journal), 1996 - Present. Editorial Board member: Review of International Economics. Editorial Council member: Review of Development Economics
Panel Chair, Selection Board, Ontario Graduate Scholarship Program, 2001-2002. Panel member, Selection Board, Ontario Graduate Scholarship Program, 2000- 2001.
Research Fellow, Hong Kong Institute of Monetary Research, Summer 2000. Visiting Professor, Hong Kong Monetary Authority, 1998.
Assessment of Research Grants for University Grants Council, Hong Kong, 1998- 2004.
External Examiner, Bachelor Social Science (Hons) Program, Lingnan University, Hong Kong. 1997-2001.
Visiting Professor, Chinese University of Hong Kong, 1998.
Visiting Examiner, Undergraduate Program, Faculty Business Administration, The Chinese University of Hong Kong. 1996-1998
External Examiner, M.Soc.Sci.(Applied Economics), National University of Singapore, 1993-1996
Visiting Professor, National University of Singapore, Fall, 1991.
Visiting Professor, the Economic Training Centre, Fudan University Shanghai, Spring 1989 and the Economic Training Centre, People’s University of China, Bejing, Fall 1985; Both visits were invited by the US-China Exchange Committee, American Economic Association, and funded by the Ford Foundation.
Assessment of Candidates for Canada Council Doctoral Fellowship, (1980-1983).
Assessment of Research Project for the Social Sciences and Humanities Research Council of Canada, (1980-1983).