Key for Participating Organizations
AARES ... Australian Agricultural and Resource Economics Society
NAASE ... North American Association of Sports Economists Sessions without an organizer listed are volunteer sessions assembled by a Screening Committee, Session Consultants, and the WEAI Executive Office from individual volunteer submissions.
Tuesday, April 26
Registration and Morning Coffee 8:30–9:15 a.m.
Welcome and Conference Opening 9:15–9:45 a.m.
[1] Z411 10:00–11:45 a.m.
SESSIONS IN HONOUR OF MURRAY KEMP: HISTORY OF ECONOMIC THOUGHT
Organizers: Partha Gangopadhyay, University of Western Sydney, and Binh Tran-Nam, University of New South Wales
Chair: Satya Paul, University of Western Sydney Papers: Craig F. Freedman, Macquarie University
The Chicago School and the Betrayal of the Classical Liberal Tradition John Lodewijks, University of Western Sydney
Economists from the Antipodes: What Can Oral History Tell Us?
Binh Tran-Nam, University of New South Wales Gossen and Time Allocation Theory
Discussants: to be announced
[2] Z306 10:00–11:45 a.m.
INNOVATION IN TEACHING UNDERGRADUATE ECONOMICS
Organizer: Michael P. Cameron, University of Waikato
Chairs: Michael P. Cameron, University of Waikato, and Steven Lim, University of Waikato
Papers: Michael P. Cameron, University of Waikato, and Steven Lim, University of Waikato
An Innovative Multimedia Assessment for Freshman Economics Tommy Tang, Queensland University of Technology, and Tim Robinson, Queensland University of Technology
Conceptual Change in Economics Education—The Role of Language Paul McKeowan, Lincoln University, and Gillis Maclean, Lincoln University
Online Quizzes—Are They Worth the Effort?
Discussants: Susan Olivia, Monash University Steven Lim, University of Waikato
John K. Gibson, University of Waikato
[3] Z308 10:00–11:45 a.m.
FOREIGN DIRECT INVESTMENT
Chair: Anil V. Mishra, University of Western Sydney
Papers: Kun-Ming Chen, National Chengchi University, Chia-Ching Lin, National Taichung Institute of Technology, and Wei-jen Wen, National Chengchi University
Exchange Rate Uncertainty, Strategic Interaction and the Timing of Foreign Direct Investment
Quan V. Le, Seattle University, Bonnie Buchanan, Seattle University, David Mummy, Seattle University, and Meenakshi Rishi, Seattle University
Anil V. Mishra, University of Western Sydney, and Ronald A. Ratti, University of Western Sydney
Foreign Investment and Taxation
Discussants: Sizhong Sun, James Cook University Quan V. Le, Seattle University
Kun-Ming Chen, National Chengchi University
[4] Z302 10:00–11:45 a.m.
Allied Organization Session
SPORTS ECONOMICS I—GENDER AND PARTICIPATION IN SPORTS — (NAASE)
Organizer: Victor Matheson, College of the Holy Cross Chair: Benno Torgler, Queensland University of Technology
Papers: Victor Matheson, College of the Holy Cross, and Robert Baumann, College of the Holy Cross
Gender Differences in Competitive Balance in Intercollegiate Sports Brad R. Humphreys, University of Alberta, Katerina Maresova, University of Economics, Prague, and Jane E. Ruseski, University of Alberta
National Sport Policy, Sporting Success and Individual Sport Participation: An International Comparison
Discussants: Joao Ramos, Queensland University of Technology Brad R. Humphreys, University of Alberta
Marco Piatti, Queensland University of Technology
[5] Z301 10:00–11:45 a.m.
PRODUCTIVITY, GROWTH, AND MIGRATION Chair: Petr Hanel, University of Sherbrooke
Papers: Neil Dias Karunaratne, University of Queensland
Total Factor Productivity and FDI Flows—A Panel Data Analysis of OECD Countries (1983-2007)
Yui Nakamura, Fukuoka University
A Self-Selection System for Poverty Alleviation and Economic Growth Jaai Parasnis, Monash University, Dietrich K. Fausten, Monash University, and Asadul Islam, Monash University
Immigrant and Native Saving Behavior in Australia
Paul A. Rivera, California State University, Channel Islands, and Patricia Delaney, St. Michael’s College
Migration and Remittances as Driving Forces in Tonga
Discussants: Paul A. Rivera, California State University, Channel Islands Donald G. Freeman, Sam Houston State University
Yui Nakamura, Fukuoka University Jaai Parasnis, Monash University
[6] Z303 10:00–11:45 a.m.
Contemporary Economic Policy Session
FISHERIES, FORESTS, AND SPECIES SURVIVAL Organizer: Darwin C. Hall, California State University, Long Beach, and Western Economic Association International
Chair: John Williams, Natural Resources Commission of New South Wales
Papers: Clement A. Tisdell, University of Queensland
Logging Intensities and the Survival of Forest Wildlife Species e.g.
Orangutans: Economic Considerations John A. Janmaat, University of British Columbia
Fishing in a Shallow Lake: Exploring a Classic Fishery Model in a Habitat with Shallow Lake Dynamics
Discussants: John Williams, Natural Resources Commission of New South Wales
Louisa Coglan, Queensland University of Technology
[7] Z305 10:00–11:45 a.m.
Contemporary Economic Policy Session DEVELOPMENT AND SOCIETY
Organizer: Jack W. Hou, California State University, Long Beach Chair: Tao-Tony Fang, York University, and University of Toronto Papers: Yong Wang, City University of Hong Kong, and Kamhon Kan, Academia Sinica
Development Patterns in China and India: A Perspective with CES Production Function
Muhammad Shahbaz, COMSATS, Faridul Islam, Utah Valley University, and Muhammad Sabihuddin Butt, University of Karachi
Financial Development, Energy Consumption and CO2 Emissions:
Evidence from ARDL Approach for Pakistan
Rahul Nilakantan, Indian Institute of Management, and Saurabh Singhal, University of Southern California
The Economic Costs of Naxalite Violence and the Economic Benefits of Unique Robust Security Response
Discussants: Rahul Nilakantan, Indian Institute of Management Yong Wang, City University of Hong Kong
Muhammad Shahbaz, COMSATS
[8] Z304 10:00–11:45 a.m.
Contemporary Economic Policy Session GROUNDWATER
Organizer: Darwin C. Hall, California State University, Long Beach, and Western Economic Association International
Chair: Sean Pascoe, CSIRO
Papers: David L. Sunding, University of California, Berkeley Valuing Groundwater Storage
Clevo I. Wilson, Queensland University of Technology, and Wasantha Athukorala, Queensland University of Technology
Long Term Welfare Losses Due to Groundwater Extraction for Agriculture: Evidence from Sri Lanka
Jason K. Hansen, Naval Postgraduate School
The Economics of Optimal Urban Groundwater Pumping Discussants: Malcolm K. Wegener, University of Queensland M. Ejaz Qureshi, CSIRO, and Australian National University Gavin C. G. Fraser, Rhodes University
Box Lunch---pick up in Z block foyer 11:45 a.m.–12:45 p.m.
[9] Z411 12:45–2:30 p.m.
SESSIONS IN HONOUR OF MURRAY KEMP: TRADE THEORY
Organizers: Partha Gangopadhyay, University of Western Sydney, and Binh Tran-Nam, University of New South Wales
Chair: Murray C. Kemp, University of New South Wales
Papers: Kazuo Nishimura, Kyoto University, Eric W. Bond, Vanderbilt University, and Kazumichi Iwasa, Kyoto University
Poverty Trap and Inferior Goods in a Dynamic Heckscher-Ohlin Model Peter J. Lloyd, University of Melbourne
The Discovery of the Heckscher-Ohlin Model of International Trade Ngo Van Long, McGill University
North-South Trade in Pharmaceutical Products: Some Theoretical Considerations
Discussants: to be announced
[10] Z306 12:45–2:30 p.m.
INTERNATIONAL ECONOMIC DEVELOPMENT ISSUES Organizer and Chair: Anna Strutt, University of Waikato
Papers: Bentry Mkwara, University of Waikato, and Dan Marsh, University of Waikato
Effects of Maize Fertilizer Subsidies on Food Security in Malawi Lula G. Mengesha, University of Waikato, and Mark J. Holmes, University of Waikato
Does Dollarization Alleviate or Aggravate Exchange Rate Volatility?
Anna Strutt, University of Waikato, Thomas Hertel, Purdue University, and Susan F. Stone, OECD
Improving Infrastructure, Facilitating Trade and Reducing Poverty in the Greater Mekong Subregion
Discussants: to be announced
[11] Z301 12:45–2:30 p.m.
MACROECONOMICS
Chair: Ming-Jen Chang, National Dong Hwa University
Papers: Ming-Jen Chang, National Dong Hwa University, and Meng-Chao Liu, National Dong Hwa University
Accounting for Monetary and Fiscal Policy Effects in a Simple Dynamic General Equilibrium Model
Pietro Enrico Ferri, Universita degli Studi di Bergamo Fluctuations in a Debt Economy
Manfred W. Keil, Claremont McKenna College, and James Symons, University College of London
The Housing Market and the U.S. Business Cycle
Ho-Chuan Huang, Tamkang University, and Chih-Chuan Yeh, Overseas Chinese University
Inflation Targeting and Financial Development Discussants: Takashi Matsuki, Osaka Gakuin University Kimiko Sugimoto, Osaka Gakuin University
Pietro Enrico Ferri, Universita degli Studi di Bergamo Manfred W. Keil, Claremont McKenna College
[12] Z308 12:45–2:30 p.m.
CHILD WELFARE AND LABOR
Chair: Samer S. Kherfi, American University of Sharjah Papers: Susan Olivia, Monash University, Lisa Cameron, Monash University, and Manisha Shah, University of California, Irvine
Sanitation Improvements and Child Health in Rural Indonesia Jayanta Sarkar, Queensland University of Technology
A Nutrition-based Explanation of Child Labour Discussants: Tomoko Kishi, Nanzan University Jayanta Sarkar, Queensland University of Technology
[13] Z302 12:45–2:30 p.m.
Allied Organization Session
SPORTS ECONOMICS II—VICES: DRUGS, VIOLENCE AND GAMBLING IN SPORTS — (NAASE)
Organizer and Chair: Victor Matheson, College of the Holy Cross Papers: Joao Ramos, Queensland University of Technology, Markus Schaffner, Queensland University of Technology, and Benno Torgler, Queensland University of Technology
Doping and Cycling
Ross Booth, Monash University, and Robert Brooks, Monash University Violence in the Australian Football League: For Better or Worse?
Brad R. Humphreys, University of Alberta, Rodney J. Paul, Saint Bonaventure University, and Andrew P. Weinbach, Coastal Carolina University
Consumption Benefits and Gambling: Evidence from the NCAA Basketball Betting Market
Discussants: Jane E. Ruseski, University of Alberta Victor Matheson, College of the Holy Cross
[14] Z309 12:45–2:30 p.m.
ECONOMIC GROWTH AND SUSTAINABLE LIVELIHOODS IN ASIA
Organizer and Chair: Steven Lim, University of Waikato
Papers: Steven Lim, University of Waikato, Jason Le Vaillant, Ministry of Economic Development, New Zealand, and Harry X. Wu, Hong Kong Polytechnic University
What Can China’s Percentage Growth Rates Tell Us? A Decomposition Method under Growth Instabiliity
Tran Quang Tuyen, University of Waikato
Building a Highway: Impacts on Sustainable Livelihoods in Hanoi Harry X. Wu, Hong Kong Polytechnic University, and Steven Lim, University of Waikato
Dynamic Comparative Advantage and Structural Change in China Discussants: Michael P. Cameron, University of Waikato
Steven Lim, University of Waikato Tran Quang Tuyen, University of Waikato
[15] Z303 12:45–2:30 p.m.
Contemporary Economic Policy Session
SUSTAINABILITY, AGRICULTURE, AND RANGELANDS Organizer: Darwin C. Hall, California State University, Long Beach, and Western Economic Association International
Chair: Malcolm K. Wegener, University of Queensland
Papers: Euan Fleming, University of New England, Prathanthip Kramol, University of New England, Paul Kristiansen, University of New England, and Renato Andrin Villano, University of New England
Explaining the Adoption of Smallholders of Sustainable Practices in Vegetable Production in Northern Thailand
Gavin C. G. Fraser, Rhodes University, and Thula Dlamini, Rhodes University
Wool or Venison? A Stochastic Efficiency Analysis of the Sustainability of Rangelands Economic Systems in the Eastern Cape Karoo
Discussants: Shyama Ratnasiri, Griffith University Jason K. Hansen, Naval Postgraduate School
[16] Z305 12:45–2:30 p.m.
Contemporary Economic Policy Session
CHINA: FINANCIAL, GLOBALIZATION, AND UNIONS Organizers: Jack W. Hou, California State University, Long Beach, and Tao-Tony Fang, York University, and University of Toronto
Chair: Jack W. Hou, California State University, Long Beach Papers: Vinh Q. T. Dang, University of Macau, Kenneth S. Chan, City University of Hong Kong, and Kit Ming Isabel Yan, City University of Hong Kong
Financial Liberalization and Financing Constraints: Some Evidence from Panel Data of Chinese Firms
Tao-Tony Fang, York University, and University of Toronto Unionization and Firm Innovation in China: Synergy or Strife?
John R. Graham, University of Calgary, and Marion E. Jones, University of Regina
Social Exclusion and Self-esteem: The Impact of the Identity-bureaucracy Nexus on Employed People Experiencing Homelessness Discussants: Yenhuang Chen, Chinese Culture University
John R. Graham, University of Calgary
Tao-Tony Fang, York University, and University of Toronto
[17] Z304 12:45–2:30 p.m.
Contemporary Economic Policy Session CALIFORNIA WATER ISSUES
Organizer: Darwin C. Hall, California State University, Long Beach, and Western Economic Association International
Chair: Andrew C. Worthington, Griffith University
Papers: Ellen Hanak, Public Policy Institute of California, Ariel Dinar, University of California, Riverside, and Richard E. Howitt, University of California, Davis
Managing California’s Water: From Conflict to Reconciliation David L. Sunding, University of California, Berkeley
Achieving Water Sustainability in Los Angeles County
Darwin C. Hall, California State University, Long Beach, and Western Economic Association International
Application of Prescriptive Public Choice to Urban Water Rate Design Discussants: David L. Sunding, University of California, Berkeley Ellen Hanak, Public Policy Institute of California
Alan Randall, Ohio State University, and University of Sydney
[18] Z411 2:45–4:30 p.m.
SESSIONS IN HONOUR OF MURRAY KEMP:
ECONOMICS OF POSITIONAL GOODS AND SOCIAL CONSUMPTION
Organizers: Partha Gangopadhyay, University of Western Sydney, and Binh Tran-Nam, University of New South Wales
Chair: John Lodewijks, University of Western Sydney Papers: Satya Paul, University of Western Sydney
Relative Deprivation and Its Applications in Economics
Hiroshi Ohta, Kobe University, and Seichi Katayama, Aichi Gakuin University
Status-seeking and Exhaustible Resource under Uncertainty Makoto Yano, Kyoto University, and Keio University, and Takakazu Honryo, Columbia University
A Two-Country Game of Competition Policies Discussants: to be announced
[19] Z301 2:45–4:30 p.m.
PUBLIC POLICY AND FINANCIAL CRISIS Chair: Lee-Jung Lu, Tungnan University
Papers: Lee-Jung Lu, Tungnan University, Shih-Wen Hu, Feng Chia University, and Meng Yi Tai, Fo Guang University
Expectations and Commodity Price Dynamics: The Application of Portfolio Balance Model
Meng Yi Tai, Fo Guang University, Shih-Wen Hu, Feng Chia University, and Lee-Jung Lu, Tungnan University
Policy Announcement, Holmes-Smyth Effect and Housing Price Dynamics
Yi-Hao Lai, Da-Yeh University
Does Dependence-switching Model for Dynamic Hedging with Major Foreign Currencies Survive during the Financial Crisis?
Discussants: from above participants
[20] Z308 2:45–4:30 p.m.
TAX, IMPORT, AND CURRENCY
Chair: P. C. Roger Cheng, National Central University
Papers: P. C. Roger Cheng, National Central University, and Zoe Huang, National Central University
Credential Competing among Heterogeneous Contestants Takashi Matsuki, Osaka Gakuin University
Linear and Nonlinear Comovement in Asian Local Currency Bond:
Stepwise Multiple Testing Approach Kimiko Sugimoto, Osaka Gakuin University
Currency Convertibility and Import Demand in the ECOWAS Countries Nobuhiro Takahashi, Osaka City University, and Mita Takahashi, Osaka University of Economics and Law
Tax Credits and Optimum Tax and Tariff Policies Discussants: Simona Fabrizi, Massey University Ming-Jen Chang, National Dong Hwa University Pietro Enrico Ferri, Universita degli Studi di Bergamo Chih-Chuan Yeh, Overseas Chinese University
[21] Z302 2:45–4:30 p.m.
INEQUALITY, POVERTY AND HEALTH IN CHINA Organizer and Chair: John K. Gibson, University of Waikato
Papers: Chao Li, University of Waikato, and John K. Gibson, University of Waikato
Rising Regional Inequality in China: Fact or Artefact?
Susan Olivia, Monash University, Xiangzheng Deng, Chinese Academy of Sciences, John K. Gibson, University of Waikato, Scott D. Rozelle, Stanford University, and Aaron D. Smith, University of California, Davis
Spatial Econometric Small-Area Estimates of Poverty in China John K. Gibson, University of Waikato, Yun Liang, Motu Economic and Public Policy Research, and Steven Stillman, Motu Economic and Public Policy Research
Are Home Owners Healthier? Panel Data Evidence from China Discussants: Susan Olivia, Monash University
Steven Lim, University of Waikato Michael P. Cameron, University of Waikato
[22] Z304 2:45–4:30 p.m.
Contemporary Economic Policy Session
RETAIL AND WHOLESALE WATER UTILITIES
Organizer: Darwin C. Hall, California State University, Long Beach, and Western Economic Association International
Chair: Douglas Fisher, Queensland University of Technology Papers: Andrew C. Worthington, Griffith University
Efficiency, Technology and Productivity Change in Australian Urban Water Utilities
Darwin C. Hall, California State University, Long Beach, and Western Economic Association International
Los Angeles Urban Water Rate Design
David L. Sunding, University of California, Berkeley The Value of Water Supply Reliability
Discussants: Benno Torgler, Queensland University of Technology Shyama Ratnasiri, Griffith University
M. Ejaz Qureshi, CSIRO, and Australian National University
[23] Z305 2:45–4:30 p.m.
Contemporary Economic Policy Session ENERGY AND ENVIRONMENT
Organizers: Jack W. Hou, California State University, Long Beach, and Faridul Islam, Utah Valley University
Chair: Jack W. Hou, California State University, Long Beach
Papers: Yenhuang Chen, Chinese Culture University, and Jie Hu, Xi’an Jiao Tong University
Vertical Specialization in the Chinese Electronic Industry Faridul Islam, Utah Valley University, and Muhammad Shahbaz, COMSATS
Is there an Environmental Kuznets Curve for Bangladesh?
Ashraf Nakibullah, University of Bahrain
Monetary Policies and Performance of the Oil-Exporting GCC Countries
Hedayat Omidvar, National Iranian Gas Company Prospect of Iran Natural Gas Export Projects
Discussants: Jack W. Hou, California State University, Long Beach Ashraf Nakibullah, University of Bahrain
Hedayat Omidvar, National Iranian Gas Company Faridul Islam, Utah Valley University
[24] Z306 2:45–4:30 p.m.
BEHAVIORAL ECONOMICS AND INTANGIBLE CAPITAL Chair: Luke Strongman, The Open Polytechnic of New Zealand
Papers: Michael Falta, University of Otago, and N. Kergozou de la Boessiere, University of Otago
Homo Decertatius
John Mirikitani, Hallym University, and Steven J. Jordan, KAIST The Most Amazing Season: ‘Sports Mood’ and Behavioral Finance John Mirikitani, Hallym University
A Behavioral Economics Analysis of ‘Clash of Civilizations’:
Frustration-Aggression Caused by the Passing of the USA’s Economic Hegemony
Luke Strongman, The Open Polytechnic of New Zealand Poststructuralism and Economic Intangibles Discussants: John Mirikitani, Hallym University Brad R. Humphreys, University of Alberta
Luke Strongman, The Open Polytechnic of New Zealand Michael Falta, University of Otago
[25] Z303 2:45–4:30 p.m.
Contemporary Economic Policy Session
AGRICULTURE, BIOFUELS, AND PACIFIC RIM ISSUES Organizer: Darwin C. Hall, California State University, Long Beach, and Western Economic Association International
Chair: Vincent Hoang, Queensland University of Technology Papers: George Antony, Queensland Department of Employment, Economic Development and Innovation, and Sarah L. Goswami, Queensland Department of Employment, Economic Development and Innovation
Expected Socio-Economic Impacts of the Establishment of Asian Honeybees in Australia
Clement A. Tisdell, University of Queensland
Structural Economic Changes in China and Vietnam: Policy Issues and Consequences for Agriculture
Marguerite Renouf, University of Queensland, and Malcolm K. Wegener, University of Queensland
Biofuels: Environmental Life Cycle Assessment of Fermentable Materials
Malcolm K. Wegener, University of Queensland
Opportunities for Renewable Energy and Bio-Materials from Sugarcane Discussants: Wasantha Athukorala, Queensland University of Technology Vincent Hoang, Queensland University of Technology
Max Briggs, Queensland University of Technology