Economics Faculty Research at Teaching Institutions: Are Historically Black Colleges Different?

This paper examines the difference in research output of economics departments at historically black colleges and universities (HBCUs) and non-HBCUs that are teaching institutions. We also examine the causal relationship between economics faculty research and the number of an institution's baccalaureate graduates who earn doctorates in economics. Our findings suggest that economics departments at HBCUs produce less research output relative to non-HBCUs. However, research output is equally effective in producing economics doctorates at both types of institutions. These findings suggest that a plausible way to increase the stock of black Ph.D. economists is to increase economics research at HBCUs.     

快乐经济学对旅游业的启示

经济学越来越重视对快乐的研究,并已取得了许多有益的理论和技术成果。快乐经济学强调快乐是人类行为的终极目的,在财富达到一定水平后就不会带来快乐的同比增加,而其他因素如生态环境、亲情、社会和谐等变得更重要。本文围绕"幸福悖论"、快乐测量理论与方法、"东亚快乐鸿沟"等理论观点论述快乐经济学对旅游业的重要启示。     

EVALUATING THE PERFORMANCE OF SOUTH AFRICAN ECONOMICS DEPARTMENTS

Over the past decade, economics departments in South Africa have seen major changes and a certain level of disruption. Much of this can be attributed to the integration of our discipline into the global arena after a period of academic isolation. This paper presents a survey of economics departments and covers everything from staff profiles and qualifications to curricula, and research output. This paper indicates that there has been some improvement in the state of economics at South African universities since 2003 when the previous survey was conducted. Research output is largely up as is the proportion in international journals, and more researchers are producing in leading international economics publications. However, the gap between South African economics departments and their international counterparts remains large.     

A note on educational performance of economics graduate programs in East and Southeast Asia

This paper considers educational performance of economics graduate programs in East and Southeast Asia by examining the highest educational origins of the regional contributors in the top five journals between January 1995 and July 2005. Evidence proves that East and Southeast Asian graduates represent 13% of the contributors, have a 10% share of the regional aggregate AER-equivalent-length pages, and American doctors are dominant. Educational productivity of East and Southeast Asian economics graduate programs is thought to be equal, at best, to that of the middle-ranked ones in the United States top-50 schools.     

国际制度变迁与东亚体系和平转型——一种制度主义视角分析

受新制度经济学关于制度变迁的学理启发,作者提出了国际制度变迁的理论分析范式,并以此探讨国际制度变迁如何影响东亚体系的和平转型。未来和平转型后的东亚体系将呈现一种嵌套交叠式制度联系模式,在这种模式中,东亚多边合作体系与美国双边同盟体系互相交叠、兼容共存。多边合作体系既不能化解美国双边同盟体系,美国双边同盟体系也不能主导多边合作体系。在这种情况下,中国外交的现实做法是从兼容美国双边同盟体系的这一路径出发,在东亚地区积极开展多边外交、推动建立多边合作体系。     

Trade intensity and business cycle synchronization: East Asia versus Europe

This paper provides a comparative analysis of the relationship between trade intensities and synchronization of business cycles in East Asia and Europe (EU-15). It extends the work of Shin and Wang, 2004, Shin and Wang, 2005 by providing a comparative perspective between East Asia and Europe. The paper finds that intra-industry trade, rather than inter-industry trade, is the major factor in explaining business cycle co-movements in both regions. The paper also supports the hypothesis that the relationship between trade intensity and output co-movement is stronger in East Asia than in Europe. The major policy implication of this finding is that East Asia needs to further strengthen macroeconomic policy coordination within the region.     

M. Hadi Soesastro: Indonesian public intellectual,Asia Pacific visionary

This note commemorates and celebrates the life and contribution of M. Hadi Soesastro, a Bulletin board member who passed away on 4 May 2010. Hadi was arguably Indonesia's leading public intellectual in the fields of international economic policy and political economy, ASEAN economic cooperation, and East Asian economic integration. He made seminal contributions in these fields, and on the political economy of reform in Indonesia, the economic development of East Timor, and energy economics. He also played a major role in institutional development, most notably at the Centre for Strategic and International Studies, and in many other official, academic and research endeavours in Indonesia and East Asia.     

Impact of the US Economic Crisis on East Asian Economies： Production Networks and Triangular Trade through Chinese Mainland

This paper investigates the impact of the 2008 economic crisis on industries in East Asia. It attempts to identify the transmission mechanism and the magnitude of the impact of the crisis on industries in East Asia using the updated Asian international input–output table for 2008. The analyses reveal that the crisis significantly affected industrial output of the nine East Asian economies included in the present study. The economies that are deeply involved in production networks were affected most seriously. Our analyses also show that the impact was transmitted to East Asian industries through triangular trade, in which Chinese mainland imports parts and components from neighboring East Asian economies and then exports final products to the US and EU markets. Although such intricate production networks have improved the competitiveness of East Asian economies, they have also increased vulnerability to external shocks.     

Output volatility of five crisis-affected East Asia economies

A decade has passed since the Asian financial crisis (AFC) in 1997, and attention is drawn to the output performance of the crisis-affected economies in East Asia. Using the Hodrick–Prescott (HP) filter, this paper examines the growth volatility of GDP, its components and the stock market of five East Asia economies of Japan, Singapore, South Korea, Chinese Taipei and Hong Kong Special Administrative Region (SAR). Empirical evidences based on quarterly data show that output volatility for both Singapore and South Korea has increased after the AFC. For the GDP components, trade is a major factor in lowering GDP volatility in Chinese Taipei. The Hong Kong SAR economy has experienced an increase/decrease in the volatility of investment/private consumption. Among the five East Asia economies, government intervention is obvious in Singapore. The stock markets in both Hong Kong SAR and Chinese Taipei showed stronger ability in absorbing shocks.     

高校财政性研发经费投入产出效率实证研究——以河南省21所高校为例

高校财政性科研经费投入产出效率是政府财政投入的重要参考依据。本文以河南省高校科研投入与产出的截面数据为例,采用数据包络分析(Data Envelopment Analysis, DEA)模型对不同层次的21所高校财政性经费投入与产出效率进行了评价。结果表明：12所高校科研投入产出效率DEA有效;1所弱DEA有效的大学存在投入规模偏大且规模递减,综合技术效率未达到最优;8所非DEA有效高校未达到综合技术效率最优,但都处于规模递增状态。弱DEA有效大学的规模不宜扩大,更应注重科研产出与成果转化;非DEA有效样本高校可以增加科研投入规模,改善科研激励机制,加强人才引进力度,积极推动科研产出的增长。研究结果可以为高校发展和政府财政性科研经费分配提供有益参考。     

东亚垂直分工网络与技术梯度研究——基于零部件贸易的视角

东亚因其迅速发展的国际生产网络而得到经济学界的广泛瞩目。本文在整理相关理论和实证文献的基础上,通过对人均收入水平的分析提出了东亚区域内广泛存在技术梯度差异的现实。作者根据Jones等人提出的国际垂直分割理论,建立增广引力模型,在区分零部件贸易和传统贸易的情况下,利用联合国贸易统计面板数据,对东亚垂直分工网络的技术结构进行了细致梳理。结果显示,近年来日本在核心部件上的作用有所下降,而四小龙实现了技术升级,作用得到较大的提升。作为东亚生产共享网络中的重要一极,中国同四小虎之间呈现出较强的互补性而非替代性。     

IS EAST ASIA FIT FOR AN OPTIMUM CURRENCY AREA? AN ASSESSMENT OF THE ECONOMIC FEASIBILITY OF A HIGHER DEGREE OF MONETARY COOPERATION IN EAST ASIA

This paper attempts to make a contribution to the recent search for a suitable assessment of the economic feasibility of a higher degree of monetary cooperation in East Asia. By using a structural vector autoregression approach as well as a generalized purchasing power parity approach, we find that a larger group of appropriately selected East Asian economies does satisfy the macroeconomic conditions for forming an Optimum Currency Area (OCA). The East Asian group consists of four ASEAN countries (Indonesia, Malaysia, Singapore, and Thailand) and four Northeast Asian economies (Hong Kong SAR, Japan, Republic of Korea, and Taiwan). This finding presents a striking contrast to the existing research results whose policy recommendation has generally been that countries in East Asia should start with a smaller subgroup currency area. It is time that many East Asian economies as a region made a serious effort to pursue a higher degree of monetary cooperation among themselves for forming an OCA.     

论东亚区域合作中的美国因素和主导权问题

东亚区域合作是我国所在的亚太和东亚地区的两大机制(以APEC为代表的亚太合作机制和以东盟+3、东亚峰会为代表的东亚合作机制)之一。重视东亚区域合作是我国大周边战略的关键,但是,相对于亚太合作或亚太合作机制,东亚合作机制的建设难度更大,东亚一体化的目标更加遥不可及,主要难题是如何处理美国因素和解决主导权问题。     

Real effects of common currencies in East Asia

Since the 1997 Asian currency crisis, new interest has emerged in the formation of a common currency area in East Asia. This paper provides estimates of trade and welfare effects of East Asian currency unions, using a micro-founded gravity model. Counter-factual experiments to assess the effects of various hypothetical currency arrangements for East Asia suggest that an East Asian currency union will double bilateral trade in the region, but the resulting welfare effects will be moderate. However, if Japan, a major trade partner for East Asia, is included in the union, welfare effects increase substantially. The evidence thus suggests that certain regional currency arrangements in East Asia will stimulate regional trade rigorously and can generate economically significant welfare gains.     

中国财经类高校科研创新博弈效率研究——基于广义模糊博弈DEA理论

为科学评价财经类高校科研创新博弈效率，优化该类高校资源配置，在合作与竞争背景下提高其投入产出效率，结合博弈理论和广义模糊DEA模型，以中国41所财经类高校为研究对象，在研究整体科研创新区间效率的基础上，根据财经类高校规模情况进行聚类分组，分析各高校间合作和竞争前后效率变化，进而找出最优、潜在、无效合作伙伴和竞争对手，为相关高校合作与竞争决策提供理论依据及合理建议。     

东亚经济一体化与合作：朝向共同体

长期以来,东亚地区的经济一体化主要靠市场力量推动,区域经济合作则落后于经济一体化进程。亚洲金融危机证明,仅靠市场推动的经济一体化是脆弱的,只有加强区域经济合作,东亚地区才能增强抵御外部风险的能力,保持经济的持续繁荣。亚洲金融危机后,东亚地区迅速建立起“10 3”的合作机制,在加强金融领域合作的同时,也不断拓展在经贸投资等领域的合作,并逐步确立了以建立东亚自由贸易区和东亚共同体的长远奋斗目标。特别是在中国提出与东盟建立自由贸易区后,东亚地区的合作步伐明显加快。尽管目前离建立东亚共同体的长远目标还很遥远,但东亚地区的合作进程已不可逆转,各种形式的合作努力将最终推动长远目标的实现。     

Publications in mathematical economics and econometrics: ranking of Asian universities and an application of Zipf's law

This paper ranks Asian universities in two related economics fields: mathematical economics and econometrics. Key findings are that Japanese universities dominate in mathematical economics, while Hong Kong universities are fairly evenly balanced in these two specialty areas of quantitative economics. The results of the analysis also show that Zipf's law applies to research-based university rankings.     

来自政府和企事业单位科技经费对高校科研的促进效应——基于浙江省高等学校面板数据的实证分析

采用门限面板回归模型实证研究浙江省高校来自政府和企事业单位科技经费对高校科研的影响。结果表明,政府科技拨款和企事业单位委托研发经费对高校科研产出存在门限效应,当政府科技拨款和企事业单位委托研发经费比例高于门限值时,对高校科研都存在显著的促进作用。研究也表明浙江省高校应该进一步加强与企事业单位在科技活动方面的合作。     

Initial Conditions and Miraculous Growth: Why is South East Asia Different From Taiwan and South Korea?

The paper argues that the economies of East and South East Asia are a very diverse group, only some of which have grown rapidly over the past three decades. The fast-growing economies of South East Asia, especially Indonesia, Thailand and Malaysia are in a number of important respects different from the fast-growing economies of North East Asia, Japan, Taiwan and South Korea. The different colonial legacies have had important consequences for educational progress and the distribution of income and wealth. Government intervention has tended to be less growth-promoting and more oriented to goals such as inter-ethnic redistribution of wealth. The implications of these differences for future economic growth in South East Asia are discussed.     

财经类高校GIS专业人才培养模式创新研究

我国教育部在1998年开始正式设置GIS专业，自此之后GIS专业得到了前所未有的高速发展。目前在众多开展GIS本科教育的院校中，主要集中在综合性院校、师范类院校和理工类院校，其他院校比如财经类院校较少。如在财经类高校开设GIS专业，由于所依托专业与主流GIS培养单位差异较大，因此人才培养模式就是一个关键问题。应结合财经类高校的特点和资源优势，以及市场需要，探讨财经类高校GIS专业的人才培养模式，并加以创新。