lianyujun

LIAN YujunAssociate Professor

Finance

TEL: 86-20-84110648

EMAIL: arlionn@163.com

Associate professor, Lingnan College, Sun Yat-sen University, China

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Contact

Professor Lian's research interests lie in the field of causal inference methods and stochastic frontier analysis, with specific applications in investment, trade credit, and supply chain dynamics. He has been actively researching topics such as supply chain finance, leverage adjustment, trade credit, and innovation. He teaches courses in Financial Econometrics and Applied Econometrics.

His teaching abilities have been highly regarded, as evidenced by his consecutive perfect teaching evaluations in the MBA corporate finance course over a span of three years. He was was awarded the title of My Favorite Teacher in 2022 by Lignan College.

With his expertise in applied econometrics, he has made significant contributions to the Stata community by developing several popular packages, including winsor2, xtbalance, bdiff, and sftt, which have been widely used by researchers in various fields. He is one of the initiators of the Chinese Stata Users Group Meeting, which is one of the imporat meeting of Stata Corporation. He has been invited several times as a guest speaker to deliver keynote speeches (2018th, 2020th, 2021th, 2022th, 2023th).

He is also the founder of the website https://www.lianxh.cn, one of the largest academic websites in mainland China specializing in management and economics. Currently, it has published over 1300 articles introducing econometric and statistical methods. The WeChat official account lianxh_cn, established based on this website, has accumulated over 280,000 subscribers, with a total reading volume exceeding 20 million and a daily average reading volume exceeding 10,000.

Background

  • Jan 2024 - Aug 2024: Visiting Professor, DeGroote School of Business, McMaster Univeristy.
  • Aug 2015 - Jan 2016: Visiting Scholar, MIT Sloan School of Management, Massachusetts Institute of Technology
  • 2011 - Present: Associate Professor, Lingnan College, Sun Yat-sen University, specializing in Quantitative Economics
  • 2007-2010: Lecturer, Department of Finance, Lingnan College, Sun Yat-sen University
  • 2001-2007: Ph.D. in Economics, Xi'an Jiaotong University, China, specializing in Econometrics
  • 1997-2001: Bachelor of Engineering, Xi'an Jiaotong University, China, majoring in Materials Science.

Major Publications

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In English

  • Yan, C., Lian, Y., Xu, X., & Chen, C.-C., Share pledge lending, monetary policy, and shadow banking nexus. 2025, Pacific-Basin Finance Journal, Online. Link
  • Zhou, K., Guan, Z., & Lian, Y. (2024). Carbon mitigation effect of emission trading product: Perspective from intra-industry carbon leakage. Energy Economics, 107966, Online. Link (rep), PDF, Google.
  • Lian, Y., J. Wang, M. Huang. Fast or Slow: Unveiling the Speed of Market LeverageAdjustment in China, 2024, Pacific-Basin Finance Journal, Online. Link, PDF
  • Chen, Y., & Lian, Y. (2024). Browse and cite Stata manuals easily: The wwwhelp command. The Stata Journal, 24(1), 161–168. Link, Google.
  • Yang, L., Cao, X. J., Wang, Y., Lian, Y., & Guo, Z. (2024). Does metro expansion matter? Metro network enhances metro mode share of commuters living away from stations, but not those near stations. Travel Behaviour and Society, 34, 100664. Link, Google.
  • Lian, Y., Liu, C., & Parmeter, C. F. (2023). Two-tier stochastic frontier analysis using Stata. The Stata Journal, 23(1), 197–229. Link, PDF, Google.
  • Yang, L., Wang, Y., Lian, Y., Dong, X., Liu, J., Liu, Y., & Wu, Z. (2022). Rational planning strategies of urban structure, metro, and car use for reducing transport carbon dioxide emissions in developing cities. Environment, Development and Sustainability, 25(7), 6987–7010. Link, PDF, Google.
  • Yang, L., Wang, Y., Lian, Y., Guo, Z., Liu, Y., Wu, Z., & Zhang, T. (2022). Key Factors, Planning Strategy and Policy for Low-Carbon Transport Development in Developing Cities of China. International Journal of Environmental Research and Public Health, 19(21), 13746. Link, PDF, Google.
  • Peng, Z., Lian, Y., & Forson, J. A. (2020). Peer effects in R&D investment policy: Evidence from China. International Journal of Finance & Economics, 26(3), 4516–4533. Portico. Link, Google.
  • Ye, D., Pan, S., Lian, Y., & Ng, Y.-K. (2020). Culture and Savings: Why Do Asians Save More? The Singapore Economic Review, 66(03), 621–651. Link, PDF, Google.
  • Yang, L., Wang, Y., Lian, Y., & Han, S. (2020). Factors and scenario analysis of transport carbon dioxide emissions in rapidly-developing cities. Transportation Research Part D: Transport and Environment, 80, 102252. Link, PDF, Google.
  • Huang, B., Lian, Y., & Li, W. (2016). How far is Chinese left-behind parents’ health left behind? China Economic Review, 37, 15–26. Link, PDF, Google.
  • Ye, D., Ng, Y.-K., & Lian, Y. (2014). Culture and Happiness. Social Indicators Research, 123(2), 519–547. Link, PDF, Google.

In Chinese (more)

  • 连玉君, 李鑫. 完全刑责年龄法律对未成年人犯罪行为的威慑作用研究. 统计研究, 2025, 已接受. 工作论文版
  • 连玉君, 李鑫. 失去的十年:日本应对广场协议的政策效应研究. 中山大学学报(社会科学版), 2025 (1): 185-196. -Link-, -PDF-
  • 程晓刚, 宋常, 连玉君, 毕功兵. 创新成功与企业供应链融资[J]. 中国软科学, 2024(2): 113-122.
  • 连玉君, 刘畅. 精准问询：来自年报问询和控股股东股权质押的证据, 山西财经大学学报. 2023, 45(1): 99-114.DOI:10.13781/j.cnki.1007-9556.2023.01.008.
  • Li Zengfu, Chen Junjie, Lian Yujun(*), Li Mingjie. Economic Policy Uncertainty and Corporate Short-term Debt Usage, Management World (管理世界), 2022 (1): 77-89.
  • Lian Yujun, Li Xin. Improvement on Placebo Tests in Synthetic Control Method: Statistical Inference Based on Quasi-Standardized Transformation, Statistical Research (统计研究), 2022, 39(8): 115-128. -Link-
  • Li Zengfu, Huang Jiahui, Lian Yujun(*), Non-State Capital Participation and Technological Innovation in State-Owned Enterprises, Statistical Research (统计研究), 2021(1): 119-131.
  • Lian Yujun, Peng Zhen, Cai Jing, Yang Haisheng. Research on the Homogeneous Effect of Capital Structure during Economic Cycles, Accounting Research (会计研究), 2020, (11): 85-97.
  • Yang Haisheng, Liu Jianhua, Lian Yujun, Jiang Yingzhen, Research on Peer Effects in Corporate Investment Decision-making: Imitation and Learning, China Economics Quarterly (经济学季刊), 2020, 19(4): 1375-1400.
  • Li Zengfu, Tang Xudong, Lian Yujun(*), The Puzzle of Deviation in Corporate Social Responsibility of Chinese Private Enterprises, Management World (管理世界), 2016 (9): 136-148.

Presentation at Meetings

  • Lian, Y.J., Control variables in causal inference: The good and the bad, 2023 Chinese Stata Conference, 13–14 August | Harbin. -Link-, Slides
  • Lian, Y.J., Model averaging and its application in the field of economics and finance, 2022, 19–20 August | Virtual, -Link-, Slides
  • Lian, Y.J., On improvement of placebo test of synthetic control method—statistical inference based on standardized treatment effect and nonrefusal domain, 2020, 19–20 August | Virtual, Slides
  • Lian, Y.J., Regression discontinuity, 2018 Chinese Stata Users Group meeting Foshan, Guangdong | 19–20 August. -Link-, Slides

Major Funded Projects

  1. Natural Science Foundation of Guangdong Province, No. 2023A1515012307, Research on IPO Pricing Efficiency in the Science and Technology Innovation Board, 2023.01-2025.12, CNY 100,000.
  2. Natural Science Foundation of Guangdong Province, No. 2020A1515011291, Research on the Risk Contagion and Prevention Measures of Equity Pledge, 2019.10-2022.09, CNY 100,000.
  3. National Natural Science Foundation of China, General Program, 71672206, Peer Effects in Financial Decision-making of Chinese Listed Companies, 2017.01-2020.12, CNY 480,000.
  4. National Natural Science Foundation of China, 71002056, Research on Liquidity Management Behavior of Chinese Listed Companies: Motivation, Methods, and Consequences, 2011.01-2013.12, CNY 180,000.

Peer Review Experience

He has been invited as an anonymous reviewer for journals including Economic Research, Management World, Quarterly Journal of Economics (in Chinese), Financial Research, Accounting Research, Statistical Research, Stata Journal, Humanities and Social Sciences Communications, and China Economic Review.

Professional Activities

  • March 2024 - Present: Committee Member, China Information Economics Society
  • April 2023 - April 2028: Academic Committee Member, Guangxi Key Laboratory of Digital Empowerment for Economic Development
  • April 2021 - Present: Expert Reviewer for National Natural Science Foundation of China General Projects
  • January 2017 - Present: Expert Reviewer for Guangdong Natural Science Foundation General Projects