RESEARCH AND SCHOLARSHIP 1998
RESEARCH OUTPUT
SCHOOL OF ECONOMICS AND FINANCE

Journal articles, book chapters and other published papers


Anderson, C. .L., Suen, W.C. and Swimmer, G. An Empirical Analysis of Viewer Demand for U.S. Programming and the Effect of Canadian Broadcasting Regulations. Journal of Policy Analysis and Management, 1997, 16: 525-540.

Chatrath, A. and Song, F.M. Information and Volatility in Futures and Spot Markets: The Case of the Japanese Yen. Journal of Futures Markets, 1998, 18(2): 201-23.

Chatrath, A., Ramchander, S. and Song, F.M. Speculative Activity and Stock Market Volatility. Journal of Economics and Business, The Netherlands, North-Holland, 1998, 0148-6195/98: 15.

Cheung, S.N.S. Deng Xiaoping's Great Transformation (lead article). Contemporary Economic Policy, Long Beach, CA, USA, WEA Int'l, 1998, XVI(16)(2): 125-135.

Cheung, S.N.S. The Curse of Democracy as an Instrument of Reform in Collapsed Communist Economies. Contemporary Economic Policy, Long Beach, CA, USA, WEA Int'l, 1998, 16(2): 247-249.

Cheung, S.N.S. Thailand's Exchange-Rate Crisis: Relationships to East Asia and The Global Economy. Contemporary Economic Policy, Long Beach, CA, USA, WEA Int'l, 1998, 16(2): 141-143.

Devany, A. and Walls, W.D. The Market for Motion Pictures: Rank, Revenue and Survival. Economic Inquiry, 1997, 35(4): 783-797. 

Li, H. and Rosen, S. Unraveling in matching markets. American Economic Review, USA, American Economic Association, 1998, 88(3).

Li, H. 港元應否與美元掛-? 《再論港元危機》 香港﹐匯訊出版有限公司, 1998, 6.

Liang, Y., Chatrath, A. and Song, F.M. Commitment of Traders, Basis Behavior, and the Issue of Risk Premia in Futures Markets. Journal of Futures Markets, USA, 1998, 17(6): 707-31.

Pruitt, S.W., Hoffer, G.E. and Tse, K.S. The United States International Air Route Award Process: Shareholder Wealth Effects and Policy Implications. Journal of Regulatory Economics, 1997, 12(2): 197-217.

Razin, A. and Yuen, C.W. Income Convergence Within An Economic Union: The Role of Factor Mobility and Coordination. Journal of Public Economics, New York, USA, North-Holland, 1997, 66: 225-245.

Razin, A., Sadka, E. and Yuen, C.W. A Pecking Order of Capital Inflows And International Tax Principles. Journal of International Economics, New York, USA, North-Holland, 1998, 44: 45-68.

Shea, K.L. and Woodfield, A.E. Optimal Immigration, Education and Growth in the Long-run. Journal of International Economics, Netherlands, Elsevier Science B.V., 1997, 40: 495-506.

Suen, W.C. Decomposing Wage Residuals: Unmeasured Skill or Statistical Artifact. Journal of Labor Economics, 1997, 15(1): 555-566.

Suen, W.C. Retirement Patterns in Hong Kong: A Censored Regression Analysis. Journal of Population Economics, 1997, 10: 443-461.

Walls, W.D. Automobile Usage in Hong Kong. International Journal of Transport Economics, 1998, 25(1): 61-67.

Walls, W.D. Product Surival at the Cinema: Evidence from Hong Kong. Applied Economics Letters, 1998, 5(4): 215-219.

Walls, W.D. Take-or-pay Contracts and Efficiency. Asian Economic Review, 1998, 40(1): 30-39.

Wong, K.P. and Tse, K.S. Mergers and Investments in Cost Reduction with Private Information Revisited. International Journal of Industrial Organization, Elsevier Science, 1997, 15: 629-634.

Wong, K.P. and Chow, K.W. Endogenons Sequencing in Strategic Trade Policy Games under Uncertainty. Open Economies Review, Kluwer Academic, 1997, 8: 353-369.

Xiao, G. Reforming the Governance Structure of China's State Owned Enterprises. Public Administration and Development (UK), 1998, 18(3): 273-280.

Yeung, D.W.K. A Class of Differential Games Which Admits a Feedback Solution with Linera Value Functions. European Journal of Operational Research, Amsterdam, Holland, Elsevier Science, 1998, 107(3): 737-754.

Yeung, D.W.K. An Isoperimetric Differential Game. Game Theory and Applications, New York, USA, Nova Science Publisher, 1997, III: 175-188.

Yuen, C.W. The Fifth Asian Dragon: Sources of Growth in Guangdong, 1979-1994. Contemporary Economic Policy, Long Beach, USA, Western Economic Asso Int'l, 1998, XVI: 1-11.


Conference and working papers


Chan, L.M.K. The Specialization of Capital and Economic Growth. Workshop Discussion Paper #228, Hong Kong, University of Hong Kong, 1997.

Courty, P. and Li, H. Sequential Screening. Far Eastern Meeting of Econometric Society, Hong Kong, July 24-26, 1997.

Devany, A. and Walls, W.D. Allocative Efficiency in U.S. Electricity Spot Markets. 72nd Annual Conference of the Western Economic Association International, Seattle, USA, 1997.

Hau, T.D. Efficient Transport Pricing and Investment. The Second APEC Urban Transport Forum Proceedings, 12th Asia-Pacific Economic Cooperation Transportation Working Group Meeting, Chinese Taipei, APEC, 1997.

Hau, T.D. The External Costs of Road Use. Proceedings of the 2nd Conference of the Hong Kong Society for Transportation Studies, Hong Kong, Hong Kong Society for Transportation Studies, 1997, 284-315.

Nakai, J. Effect of Industrial Policy and Inter-Industry Knowledge. WEA International 72nd Annual Conference, Seattle, USA, 1997, 28.

Nakai, J. Effect of Industrial Policy and Inter-Industry Knowledge Spillover in Developing Countries. WEA International 72nd Annual Conference, Seattle, WA, USA, 1997, 28.

Nakai, J. Capitalism and Democracy in the 21st Century. 1998, 6.

Nakai, J. Financial Intermediation, Monetary Policy, and Economic Growth. Far Eastern Meeting of the Econometric Society, Hong Kong, July 24-26, 1997, 14.

Rusco, F.W. and Walls, W.D. Competition in a Repeated Spatral Auction Market. Far Eastern Meeting of the Econometric Society, Hong Kong, 1997.

Rusco, F.W., Walls, W.D. and Adams, B. Professional Bettors and Betting Market Equilibrium. 73rd Annual Conference of the Western Economic Association International, Lake Tahoe, USA, 1998.

Rusco, F.W. and Walls, W.D. Competition in a repeated spatial auction market with an application to timber sales. Far Eastern Meeting of the Econometric Society, 1997.  

Tse, C.Y. Monopoly, Human Capital Accumulation and Development. 1998 Meeting of the Society for Economic Dynamics, University of Pennsylania, 1998.

Tso, P.S., Tang, T.M. and Shea, K.L. Optimal Investment Sequence. Economic Theory, Springer, 1998.

Xiao, G. and Zhao, H. Growth of China Trade and Enterprise Reform. China's Integration into the Global Economy, USA, HIID, Harvard University, 1998.

Yeung, D.W.K. A Stochastic Differential Game of Institutional Investor Speculation. Proceedings of the 8th Symposium on Dynamic Games and Applications, Maastricht, the Netherlands, 1998, Maastricht, The Netherlands, University of Maastricht, 686-695.

Yu, G.G. Psychological Barriers in Asian Stock Markets, how and why?. 1997.


Works of fiction, consulting reports, case studies, etc


Tse, K.S. Unit One: Conceptual Framework of Risk and Insurance Unit Two: Life Insurance Unit Three: Health Insurance and Estate Planning Unit Four: Personal Property & Liability Insurance Unit Five: Commercial Property & Liability Insurance Unit Six: Structure of the Insurance Industry. Instruction Manual/Study Manual for the course 'INSURANCE' at Open University of Hong Kong, Hong Kong, China, Open University of Hong Kong, 1997, 250-300.


Reviews, translations and other written outputs


Xiao, G. Options of China's Current Financial Reform (In Chinese). International Economic Review (China), 1998, 5-6: 43-47.

Yeung, D.W.K. Review on 'Upper Estimations of the Value of Differential Games with Information Time Lag,' by T.V. Slobodinskaya. Mathematical Reviews, Ann Arbor, USA, American Mathematical Society, 1997, 97m: 901/8.

Yeung, D.W.K. Review on 'Expected Values, Feared Values, and Partial Information Optimal Control', by P. Bernhard. Mathematical Reviews, Ann Arbor, USA, American Mathematical Society, 1997, 97m: 93075.

Yeung, D.W.K. Review on 'The Allocation of Resources in a Multiple-Trial War of Attrition Conflict', by J.C. Whittaker. Mathematical reviews, Ann Arbor, USA, American Mathematical Society, 1997, 97g: 90204.


Editorships and high-level service external to HKU


Hau, T.D. Fellow and Council Member. The Chartered Institute of Transport in Hong Kong, Hong Kong, 1997.

Hau, T.D. Member, Transportation Working Group of APEC, Hong Kong, 1997.

Hau, T.D. Board Member. Hong Kong Society for Transportation Studies, Hong Kong, 1997.

Luk, Y.F. A series of 30 books on economic policy in Hong Kong. Hong Kong Economic Policy Studies Series (English version), Hong Kong, City University Press, 1997, 1-7.

Yeung, D.W.K. Managing Editor. International Game Theory Review, London, UK, World Scientific Publishers, 1998.


All other outputs


Siu, A.K.F. IE: A Menu Based Interface to Xlisp Stat, 1998.

Yeung, D.W.K. A Viable and Credible Policy is a sine qua non for a stable Hong Kong Dollar: Part I. Hong Kong Economic Journal, Hong Kong, 1998, 24.

Yeung, D.W.K. A Viable and Credible Policy is a sine qua non for a stable Hong Kong Dollar: Part II. Hong Kong Economic Journal, Hong Kong, 1998, 24.