Senior Research Economist and Advisor
Federal Reserve Bank of Dallas         

Research Interests

• International trade
• Industrial organization
• Economic growth and development
• Technological change

Professional Experience

• Senior Research Economist and Advisor, Federal Reserve Bank of Dallas, 2007–present
• Associate Professor, School of Economics, Singapore Management University, 2006–07
• Associate Professor, Department of Economics and Finance, City University of Hong Kong, 1998–2006
• Assistant Professor of Economics, Vanderbilt University, 1991–98.

Education

• Ph.D., Economics, Stanford University, 1991
• M.A., Economics, Stanford University, 1988
• Master program, Urban Planning, University of Hong Kong, 1983–85
• B.Sc., Engineering, University of Hong Kong, 1980

Teaching Experience

• Undergraduate: Intermediate Microeconomics, International Trade, International Finance, Principles of Economics, Intermediate Macroeconomics, Industrial Organization, Environmental Economics, Urban Economics
• Master: Microeconomic Theory, International Trade and Economic Development, Managerial Economics (MBA), Supervision of over thirty MA theses
• Ph.D.: Economic Growth and Development, International Trade, Advanced Microeconomics
• Member of nine doctoral dissertation committees at Vanderbilt University, 1991–98
• Other teaching interests: Economic development of East Asia and China

Other Professional Experience

• Consultant to Federal Reserve Bank of Dallas, May–August 2007
• Visiting Fellow, Department of Economics, Princeton University, June 2005–January 2006 and January–May 2001
• Visiting Scholar, Boston University, January–July 1995
• Consultant to the World Bank, 1991, on the project "Transfer of Foreign Technology to Manufacturing Firms in Taiwan," (including traveling to Taiwan and conducting field interviews with Taiwanese firm managers for a month in July 1991)
• Summer Assistant, Trade Policy Division, World Bank, June–August 1988

Published or Forthcoming Economics Papers

• "Parallel Imports and Price Controls," with Gene Grossman, August 2007. Accepted for publication by RAND Journal of Economics.
• "Theory of International Policy Coordination in Protection of Ideas," May 2007. To appear in the volume Intellectual Property Rights and Technical Changes, Keith E. Maskus, ed., in the series Frontiers of Economics and Globalization to be published by Elsevier Science.
• "Outsourcing of Innovation," with Ray Riezman and Ping Wang, April 2007. Paper conditionally accepted by Economic Theory.
• "International Protection of Intellectual Property" (with Gene Grossman), American Economic Review, December 2004, pp.1635–53.
• "Protection of Trade for Innovation: The Roles of Northern and Southern Tariffs" with Larry D. Qiu, Japan and the World Economy, 16 (2004), pp.449–70.
• "A Game-Theoretic Analysis of China’s WTO Accession," with Rick Bond and Stephen Ching, Pacific Economic Review, 8: 2 (2003), pp.117–25.
• "The North’s intellectual property rights standard for the South?" with Larry D. Qiu, Journal of International Economics, 59 (2003), pp.183–209. The paper will also appear in Keith E. Maskus (ed.) The WTO, Intellectual Property Rights and the Knowledge Economy, Edward Elgar, United Kingdom (2004).
• "Intellectual Property Rights Protection and Endogenous Economic Growth," with Y. K. Kwan, Journal of Economic Dynamics and Control, 27 (2003), pp.853–73.
• "Competition for FDI in the Product Cycles," Japan and the World Economy, 13 (2001), pp.61–81.
• "Strategic Policy towards Multinationals for Oligopolistic Industries," Review of International Economics, February 2002, pp.200–14.
• "Competition for FDI in the Product Cycles," Japan and the World Economy, 13 (2001), pp.61–81.
• "Adjustment Costs and Gradual Trade Liberalization," with Taiji Furusawa, Journal of International Economics, December 1999, pp. 333–61.
• "Schumpeterian Growth with Gradual Product Obsolescence," Journal of Economic Growth, March 1998, pp. 81–103.
• "International Intellectual Property Rights Protection and Rate of Product Innovation," Journal of Development Economics, February 1998, pp. 133–53.
• "Patent Length and the Rate of Innovation," with Andrew Horowitz, International Economic Review, November 1996, pp. 785–801.
• "The Product Cycle and the World Distribution of Income: A Reformulation," Journal of International Economics, November 1995, pp. 369–82.
• "Learning-by-doing, Technology Choice and Export Promotion," Review of International Economics, June 1995, pp. 186–98.

Discussions/Comments

• Comments on "East Asia and Global Imbalances: Saving, Investment, and Financial Development" by Hiro Ito and Menzie Chinn, in NBER-EASE  (National Bureau of Economic Research—East Asia Seminars in Economics) held on June 22–24, 2007, in Singapore. To appear in an edited volume published by University of Chicago Press.
• Comment on "Regulating Services Trade: matching Policies to Objectives" by Richard Snape, in Takatoshi Ito and Anne O. Krueger (eds.) Trade in Services in the Asia-Pacific Region, The University of Chicago Press, 2003, pp.96–7.
• Comment on "Globalization and Harmonization: the case of accounting services in Japan" by Fukunari Kimura, in Takatoshi Ito and Anne O. Krueger (eds.) Trade in Services in the Asia-Pacific Region, The University of Chicago Press, 2003, pp.371–73.

Other Publications

• "The Economic Implications of the Re-unification of Hong Kong with China," Vanderbilt Journal of Transnational Law, Vol. 30, No. 4, October 1997, pp. 735–45.
• "Why is the U.S. Still No.1 ?" Economic Times, Spring 1994, Vol. 3, No. 1, a supplement to Michael Parkin, Economics, Second Edition, Addison-Wesley Publishing Company.

Working Papers

• "International Product Cycle and Globalization of Production," manuscript, October 2007.
• "Endogenous Present-Biasedness and Policy Implementation," with Taiji Furusawa, manuscript, December 2006.
• "International Protection of Intellectual Property: An Empirical Investigation," with Isabel K. Yan, manuscript, May 2006. Invited to revise and resubmit to Journal of International Economics.
• "Would Global Patent Protection Be Too Weak without International Coordination?" manuscript, November 2005.
• "Understanding China’s Trade Flows," with Fred Y. Kwan, manuscript, August 2005.

Work in Progress

• "Technology Diffusion and Technological Change"
• "Parallel Imports"
• "The Most-Favored Nation Rule in Club Enlargement Negotiation"
• "International Protection of Intellectual Property with Firm Lobbying"

Recent Refereeing for Professional Journals or Funding Agencies

• Journal of Political Economy
• International Economic Review
• American Economic Review
• Journal of Development Economics
• Regional Science and Urban Economics
• Journal of Economic Dynamics and Control
• Journal of International Economics
• Review of International Economics
• Canadian Journal of Economics
• Journal of Institutional and Theoretical Economics
• RAND Journal of Economics
• European Economic Review
• National Science Foundation
• Journal of Economics and Management Strategy
• Economics and Politics
• Journal of Economic Growth
• Southern Economic Journal
• International Journal of Industrial Organization
• Research Grants Council of Hong Kong
• Review of Economic Studies
• Econometrica

Recent Seminar Presentations

• 2007: Federal Reserve Bank of Dallas, National University of Singapore
• 2006: RAND Corporation, SUNY—Buffalo
• 2005: Princeton, Columbia, Cornell, Michigan State, U of Washington (Seattle), Georgia Tech, Rutgers, Hitotsubashi (Tokyo), Kiel University
  
  

Presentations in Professional Conferences

• Asia-Pacific Economic Association annual conference in HKUST, Hong Kong, July 2007
• Asia-Pacific Trade Seminars (APTS) in SHUFE, Shanghai, China, July 2007
• European Trade Study Group Annual Conference, in University of Vienna, September 2006.
• Asia-Pacific Trade Seminars (APTS) in Kobe University, Japan, July 2006
• International Trade Workshop in Otago University, New Zealand, March 2006
• Allied Social Science Association Meetings, January 1993, 1996, 1998, 2004, 2006
• CES-Ifo Conference "Understanding China’s Economy" in Munich, June 2005
• Midwest International Economics Meeting, Spring & Fall 1992, Fall 1993, Spring & Fall 1994, Spring & Fall 1995, Fall 1996, Spring & Fall 1997, Spring 1999, Spring 2001,
  Spring 2004, Spring 2005
• European Meeting of the Econometric Society, Berlin (September 1998), Madrid (August 2004)
• Annual Meeting of the European Economic Association, Berlin (September 1998), Madrid (August 2004)
• International Conference "Growth and Development in the Global Perspective" in Academia Sinica (Taipei), July 2004
• Society for Advancement of Economic Theory Conference in Rhodes, Greece, July 2003
• International Conference "Negotiating Russia’s WTO Accession " in Moscow, organized by Centre for Economic and Financial Research (CEFIR), Russia, June 2002
• American Economic Association Annual Meeting, January 1994, 1999, 2002
• International Conference "Money, Growth and Distribution" in Academia Sinica (Taipei), September 2001
• International Conference "Dynamics and Trade" in Kobe, July 2001
• International Conference "WTO and World Trade" in Seattle, April 2001
• International Conference "WTO and China" in Hong Kong, March 2001
• Far Eastern Meeting of the Econometric Society, July 1997, 1999, 2001
• Annual Meeting of the Society of Economic Dynamics, Costa Rica, June 2000 Conference on "International Trade and Political Economy" organized by Research Institute in Economics and Business of Kobe University in May 2000
• International Conference on "Innovation, Appropriation Strategies and Economic Policy" organized by the French Ministry of Industry, in Paris, November 1999
• International Conference on "Dynamics, Economic Growth and International Trade" in Hong Kong, July 1997
• Econometric Society North American Summer Meeting 1992, 1993, 1996
• International Conference on "Economic Development and Growth" organized by Academia Sinica of Taiwan, May 1996
• 7th World Congress of the Econometric Society in Tokyo, August 1995.
• Southeastern International Economics Meeting 1991, 1992, 1995
• Western Economic Association Meeting, Summer 1993

Professional Memberships

• American Economic Association
• International Economics and Finance Society (life member)

Fellowships, Honors, Awards and Grants

• Principal Investigator of project "Was Global Patent Protection Too Weak before TRIPS?" internal grant, Singapore Management University, 2006
• Principal Investigator of Competitive Earmarked Research Grant, Research Grants Council, Government of Hong Kong SAR, 2005. Topic: "International Trade, Outsourcing and Intellectual Property Rights Protection"
• Faculty Research Award, Faculty of Business, City University of Hong Kong, 2005
• Co-Investigator of Germany/Hong Kong Joint Research Scheme 2005 (travel and lodging grant). Topic: "International Protection of Intellectual Property when Industries Lobby"
• Principal Investigator of Strategic Research Grant, City University of Hong Kong, 2004. Topic: "An Analysis of China’s Trade and FDI Flows and their Importance to China’s Growth"
• Principal Investigator of Strategic Research Grant, City University of Hong Kong, 2003. Topic: "Understanding China’s Trade Flows"
• Principal Investigator of Competitive Earmarked Research Grant, Research Grants Council, Government of Hong Kong SAR, 2000. Topic: "WTO Accession and Negotiations: Economic Theory and Case Studies"
• Principal Investigator of Competitive Earmarked Research Grant, Research Grants Council, Government of Hong Kong SAR, 1999. Topic: "The Economic Impact of the Agreement on Trade-related Aspects of Intellectual Property Rights under the Auspices of the World Trade Organization, with Special Focus on China and East Asia"
• Principal Investigator of Small Scale Research Grant, City University of Hong Kong, 1998.
  Topic: "Strengthening Intellectual Property Rights in Less Developed Countries: The Impacts on China and East Asia"
• Stanford SCCN Grant (to study technology transfer to Taiwan), 1990–91.
• John M. Olin Graduate Fellowship, 1990–91.
• Graduate Research Fellowship, Stanford Center for Conflict and Negotiation (SCCN), 1989–90.

Languages

• Fluent in English, Mandarin Chinese and Cantonese Chinese; some knowledge of French.