CES 2012 Conference “Development beyond the Middle Income Trap: China in Transition” Kaifeng, China June 23-25 Program Outline June 23 Event June 24 Event June 25 08:30- Opening Ceremony 9:00 Continuing 09:00- Education Group Photo 09:15 Program Plenary Session: Keynote Plenary Session: Keynote & 09:15- 09:00- Address I Address II Sightseeing 11:15 11:00 (Mortensen, Woo) (Heckman, O’Brien) Tours 11:15- 11:00- Tea Break Tea Break 11:30 11:15 11:30- Roundtable Forum I & 11:15- Roundtable Forum III & 13:00 Parallel Sessions (E1-E6) 12:45 Parallel Sessions (E19-E24) 13:00- 12:45- Lunch Lunch 14:30 14:15 14:30- Roundtable Forum II & 14:30- Roundtable Forum IV & 16:00 Parallel Sessions (E7-E12) 16:00 Parallel Sessions (E25-E30) 16:00- 16:00- Tea Break Tea Break 16:15 16:15 Plenary Session: 16:15- Parallel Sessions 16:15- Guest Speeches 17:45 (E13-E18) 17:45 Closing Ceremony 18:00- 18:00- Welcome Dinner Farewell Dinner 20:30 20:30 Note: All sessions in this program will be conducted in English unless otherwise indicated. Parallel sessions conducted in Chinese are organized by Henan University and will be announced later. Session venues will be provided and updated in a later version of the program. 1 PROGRAM OF SESSIONS (Tentative, updated on April 18, 2012) June 22 (Friday) 09:00 – 23:00 Arrival and Registration Venue: New Century Grand Hotel, Kaifeng 18:00-19:30 Buffet Dinner June 23 (Saturday) 08:30 – 09:00 Opening Ceremony Chair: Mingzhai Geng, Dean of School of Economics, Henan University Speakers: Chancellor of Henan University, CES President, Provincial Official, SAFEA Official 09:00-09:10 Group Photo 09:15-11:15 Plenary Session: Keynote Speech I Speaker: Dale Mortensen (Northwestern University, 2010 Nobel Prize Laureate) “Misallocation and TFP: Is there a free lunch?” Speaker: Wing Thye Woo (University of California at Davis and Earth Institute at Columbia University) “The Middle-Income Trap: The Next Challenge for the Chinese Economy” Moderator: Ding Lu (University of the Fraser Valley and Shanghai University of Finance & Economics) 11:15-11:30 Tea Break 11:30- 13:00 Round Table Forum and Parallel Sessions Round Table Forum I: Financial Impact of RMB Exchange Rate Movement Moderator: Yangru Wu (Rutgers University, and Central University of Finance and Economics) 2 Panelists: Jimmy Ran (Lingnan University, and Central University of Finance and Economics) Jie Li and Guangzhong Li (Central University of Finance and Economics) E01 Middle Income Trap and China Is financial liberalization a key for China to avoid the middle-income trap? Xu Yingfeng ([email protected]) Middle Income Trap, Deng Paul ([email protected]) An Austrian View on the Middle Income Trap, Schneider Henry ([email protected]) China’s Economic Growth: An ECM Approach, Tsukuda yoshihiko ([email protected]), Jiasha Fu E02 Finance and Applied Econometrics Structural Breaks in Volatility of China’s Stock Market, Ni Jinlan; Beichen Wang ([email protected]); Mark Wohar A Markov Switching Approach to Detecting Housing Bubbles in Hong Kong, Chan Hing Lin ([email protected]);Kai Yin Woo The Decision to Hedge and the Extent to Hedge, Zhu Margaret Rui ([email protected]) New Evidence from China: Intraday Price Discovery in Stock Index and Stock Index Futures Markets, Shen Fanglin ([email protected] ), Janet Bartholow and Yansong Fan E03 Econometric Theory GMM Estimation of a Stochastic Volatility Model with Realized Volatility: A Monte Carlo Study, Pierre Chausse ([email protected] ), Xu Dinghai Conditional Volatility Estimation - A Quantile Regression Approach, Zhijie Xiao at Boston College ([email protected]), Chi Wan Directed t-Tests of Inequality Constraints under Alternatives in Linear and Nonlinear Models, Lu Zeng-Hua ([email protected]) Identification and Estimation of Semi-parametric Dynamic Panel Data Models, Shiu Ji- Liang, Yingyao Hu , 168 University Rd. Min-Hsiung Chia-Yi, Taiwan E04 Outward FDI and Globalization of Chinese Firms 3 The Determinants of Outward FDI by Chinese Firms: Evidence from Longitudinal Firm- level Data, Fang Tony ([email protected]), Dr. Zhao Chen, School of Economics, Fudan University Chinese State-Owned Enterprises, Private Savings and International Portfolio Diversification, Morgan Horatio ([email protected]) Global Vertical Specialization Participation and Domestic Technological Growth: the Case of China, Miao Liu ([email protected]), Bhuiyan Alam Impact of China's economic cooperation and OFDI on China Africa trade boom, Ping Hua ([email protected]) E05 Economics of Information: Theory and Empirics I Seller's Reputation and Dependence: Evidence from Yahoo! Japan Auctions, Sun Chia-Hung ([email protected]) , Ji-Liang Shiu A Case of Ambiguity Attitude Reversal in Partnership Dissolving Auction Experiments,Yu Ning ([email protected]) Belief Aggregation in the Equilibrium Framework, Zhang Jianbo ([email protected]),Yi Jin Does the information intervention improve the health of the left-behind children?:based on a randomized controlled trial research in Shaanxi Province Chang Fang ([email protected]), Li Fan, Yue Ai, Yang Bin, Yang Chu, Shi Yaojiang E06 Education Institutions and Outcomes in China Choices and Equity in College Admissions: Evidence from China, Loyalka Prashant ([email protected]), Sean Sylvia The Achievement of Left Behind Children in Rural China, Yang Xiaolei ([email protected]) Early Commitment of Financial Aid and Senior High School Decision Making of Poor Students: Evidence from a Randomized Controlled Trial in Rural China, Liu Chengfang ([email protected]), Hongmei Yi, Linxiu Zhang, Renfu Luo, Yaojiang Shi, Scott Rozelle, James Chu Education Inequality and Role of Ethnicity in Educational Achievement in China, Ouyang Yusi ([email protected]), Per Pinstrup-Andersen 13:00 – 14:30 Lunch 4 14:30-16:00 Round Table Forum and Parallel Sessions Round Table Forum II: Land System and Urbanization (in Chinese) Moderator: James (Guanzhong) Wen (Trinity College, USA) Panelists: Li Tie (National Development and Reform Commission), Dang Guoying (China Academy of Social Sciences), Cai Jiming (Tsinghua University) E07 Development Economics and Rural China A Comparison of Gender Discrimination between Rural and Urban China: The Engel’s Method, Tian Xu ([email protected]), Xiaohua Yu Treatment Effects of Development Program at the Village Level: An Estimation with Kernel-Based Propensity Score Matching, Mo Xiugen ([email protected]) Gift Escalation and Network Structure in Rural China: Utilizing A Unique Long-term Spontaneous Gift Record, Chen Xi ([email protected]) Trusting and trustworthiness in an ethnically diversified region in China: Survey and field experimental evidence, Gong Yazhen ([email protected]), Jintao Xu E08 Chinese Firms' Export: behavior and consequences ITC Antidumping case Rulings: Is China being Unfairly Targeted?, Hou Jack ([email protected]), Xiaosong Wang (Remin U. of China) Financing and the Decision to Export: Evidence from Chinese Firm-Level Data, Catherine Co, Jinlan Ni ([email protected]), Guan Gong Endogenous Exporting Decisions of Heterogeneous Firms: Theory and Evidences, Yin Xiaopeng ([email protected]), Bing Hu Judicial Quality, Contact Intensity and Firm Exports: Evidence from China, Wang Yanling ([email protected]), Kunwang Li, Yongjin Wang E09 Entrepreneurship Development in China Entrepreneurship self-efficacy and Its Conduction to Farmers’ Business Intention: Case of Shaanxi, Kong Rong ([email protected]), Yanling Peng, Calum Turvey The Role of Human Capital in Entrepreneurship and Re-employment of Retrenchment Labor in China, Liang yunling ([email protected]), Yu Li Kinship Network, Risk Sharing, and Entrepreneurship: Evidence from rural China, Yuan Yan ([email protected]), Zhao Rong 5 Are Entrepreneurs A Different Breed? —– A Preliminary Study of Entrepreneurs’ Risk and Personality Characteristics Using Experimental Data, Jiang Bing ([email protected]), Monica C. Capra The Determinants of China’s Entrepreneurship Guo Liang ([email protected]), Sujuan Xie, Lawrence King (Cambridge University) E10 Health Economics and Policy Economic Cycles and Childhood Obesity in the US, Zhang Qi ([email protected]) The effect of technological advances on obesity and weight gain among Chinese female adults: Evidence from China's "home appliances going to the countryside" policy, Chen Cheng ([email protected]), Chou, Shin-Yi ([email protected]) The Medical Cost Attributable to Obesity and Overweight in China: Estimation Based on China Health and Nutrition Surveys, Qin Xuezheng ([email protected]) Fast Food Consumption and Child Obesity in China: Application of Switching Regression Model, Zhang xu ([email protected]), Akpalu,Wisdom E11 Demand for Food Safety in China and the US Demand for Food Safety in China and the U.S. and Implications for Trade, Xu Pei ([email protected]), Wang, Zhigang Marketing of Genetically Modified (GM) agricultural products -Public awareness and consumer behaviour, Dong Lily ([email protected]), Mingchu Zhang, James Collins U.S. Consumer Demand for Food Safety and Eco-friendly Production Process Attributes in Imported Aquaculture Products, Wang H. Holly ([email protected]), David L. Ortega, Nicole J. Olynk Impacts of Agricultural Inputs on Output in China: An Empirical Analysis, Zou Yang ([email protected]), Qingbin Wang, Jinzhen Ye Household consumption of pork and other animal products in rural China and implications for trade, Wang Qingbin ([email protected]), Minghao Li, Guangxuan