Prof. Hongbin Li

Professor
Office:	ELB 920
Phone:	(852) 2609-8185
Fax:	(852) 2603-5805
Email:	lhongbin@cuhk.edu.hk

Education

Ph.D.	Department of Economics, Stanford University, 2001
M.A. program (transferred)	Department of Finance, China Agricultural University, 1995
B.A.	Department of Finance, China Agricultural University, 1993

Employment

2007-	Professor
2006-2007	Associate Professor
2001-2006	Assistant Professor
	Department of Economics The Chinese University of Hong Kong

Research Areas

• Development Economics
• Labor Economics
• Transition Economics
• Chinese Economy

Publications

[23 ]"The Quantity-Quality Tradeoff of Children in a Developing Country: Identification Using Chinese Twins." Demography, forthcoming (with Junsen Zhang and Yi Zhu).

[22] “Political Connections, Financing and Firm Performance: Evidence from Chinese Private Entrepreneurs”, Journal of Development Economics, forthcoming, (with Lingsheng Meng, Qian Wang and Li-an Zhou).

[21] “Effects of Longevity and Dependency Rates on Saving and Growth: Evidence from a Panel of Cross Countries”, Journal of Development Economics, 84(1), September 2007, pp. 138-154 (with Jie Zhang and Junsen Zhang).

[20] "Economic Returns to Communist Party Membership: Evidence from Chinese Twins" Economic Journal, 117(523), October 2007, pp. 1504-1520 (with Pak Wai Liu, Junsen Zhang and Ning Ma).

[19] "Do High Birth Rates Hamper Economic Growth?" Review of Economics and Statistics 89(1), 2007, pp. 110-117 (with Junsen Zhang).

[18] “Testing the Collective Model of Household Labor Supply: Evidence from China,” China Economic Review, forthcoming (with Tak Wai Chau, Pak Wai Liu and Junsen Zhang).

[17] "Incentive Contracts and Bank Performance: Evidence from Rural China" Economics of Transition 15(1), 2007, pp. 109-124 (with Scott Rozelle and Li-an Zhou).

[16] "Income, Income Inequality, and Health: Evidence from China" Journal of Comparative Economics 34, 2006, pp. 668-693. First Prize on International Essay Competition on "Income Distribution and Poverty in China" by the World Institute for Development Economics Research (with Yi Zhu).

[15] "Why Do Entrepreneurs Enter Politics?" Economic Inquiry 44(3), July 2006, pp. 559-578 (with Lingsheng Meng and Junsen Zhang).

[14] "Relative Earnings of Husbands and Wives in Urban China" China Economic Review 17, 2006, pp. 412-431 (with Junsen Zhang, Lai Ting Sin and Yaohui Zhao).

[13] "Banks and Enterprise Privatization in China"(previously with the title "Why Do Governments Privatize?") Journal of Law, Economics, and Organization 21(2), October 2005, 524 - 546. (with Loren Brandt and Joanne Roberts).

[12] "Political Turnover and Economic Performance: The Incentive Role of Personnel Control in China." Journal of Public Economics 89(9-10), September 2005, 1743-1762 (with Li-an Zhou).

[11] "Parental Childcare and Children's Educational Attainment: Evidence from China" Applied Economics, 37(18), October 2005, pp. 2067-2076 (with Xianguo Yao, Junsen Zhang and Li-an Zhou).

[10] "Partial Privatization and Screening" Applied Economics Letters 12(11), September 2005, pp. 653-656 (with Qian Wang).

[9] "Relative Performance Evaluation and the Turnover of Provincial Leaders in China" Economics Letters 88(3), September 2005, 421-425 (with Ye Chen and Li-an Zhou).

[8] "Management Buyout, Information, and Firm Performance: How has Privatization Worked in China?" Journal of Restructuring Finance 2(1), March 2005, 1-13 (with Qian Wang).

[7] "Insider Privatization with a Tail: The Screening Contract and Performance of Privatized Firms in Rural China." Journal of Development Economics (lead article) 75(1), October 2004, pp. 1-26 (with Scott Rozelle).

[6] "Micro-credit Programs and Off-farm Migration in China." Pacific Economic Review (special issue edited by Orley Ashenfelter and Junsen Zhang) 9(3), October 2004, pp. 209-224 (with Scott Rozelle and Linxiu Zhang).

[5] "Government’s Budget Constraint, Competition and Privatization: Evidence From China’s Rural Industry." Journal of Comparative Economics 31(3), September 2003, pp. 486-502.

[4] "Privatizing Rural China: Insider Privatization, Innovative Contracts, and the Performance of Township Enterprises." China Quarterly 174, December 2003, pp. 981-1005 (with Scott Rozelle).

[3] "Bank Discrimination in Transition Economies: Ideology, Information or Incentives?" Journal of Comparative Economics (lead article) 31(3), September 2003, pp. 387-413 (with Loren Brandt).The most requested papers for JCE for 2003.

[2] "Reversing Privatization as a Screening Mechanism." Economics Letters 78, February 2003, pp. 267-271.

[1] "Saving or Stripping Rural Industry: an Analysis of Privatization and Efficiency in China." Agricultural Economics 1460, 2000, pp. 1-12 (with Scott Rozelle).

Working Papers

• “Long-Term Effects of the 1959-1961 China Famine: Mainland China and Hong Kong” NBER Working Papers 13384, (with Douglas Almond, Lena Edlund and Junsen Zhang).
• “The Human Cost of Growth.” (with Lingsheng Meng and Qian Wang).
• "Why Does Spousal Education Matter for Earnings? Assortative Mating or Cross-productivity" (with Chong Huang, Pak Wai Liu and Junsen Zhang).
• "The Effect of the One-Child Policy on Fertility in China: Identification Based on the Differences-in-Differences" (with Junsen Zhang & Yi Zhu).
• "Mother's Education and Child Health: Is There a Nurturing Effect?" (with Yuyu Chen).
• "Does Income Matter for Child Health? Evidence from Adoptees" (with Yuyu Chen).
• "Testing the External Effect of Household Behavior: The Case of the Demand for Children" (with Junsen Zhang).
• "Fertility and Parental Labor Supply: Identification Based on a Unique Population Policys" (with Junsen Zhang).
• "Fines, Limited Liability and Fertility: Empirical Evidence from China" (with Junsen Zhang).
• "Ownership, Efficiency, and Firm Survival in Economic Transition: Evidence from a Chinese Science Park" (with Weiying Zhang and Li-an Zhou).
• “Why Doesn’t Education Pay in Urban China?” (with Junsen Zhang).