Asian Economics

Inácio Bó is an Associate Professor of Economics in Social Sciences at the University of Macau. He received his PhD in economics from Boston College. He obtained his master degrees in economics and electric engineering at the Boston College and University of São Paulo, respectively. Inácio Bó’s research interests include Market Design, Matching Theory, and Experimental Economics. His publications have appeared in leading international journals such as the American Economic Journal: Microeconomics, The Economic Journal, Management Science, Games and Economic Behavior, Social Choice and Welfare, Journal of Economic Behavior and Organization and so on.

My research focuses on macroeconomic theory, with specializations in economic growth, innovation, and intellectual property rights. My research attempts to incorporate various policy instruments, such as patent instruments, fiscal instruments, and monetary instruments, in models of endogenous growth to explore their effects on important macroeconomic variables, including economic growth, social welfare, income inequality, and technology transfer. In particular, many Asian economies are emerging economies that face challenges in long-run growth, middle-income trap, industrial transformation, and international competition . This research topic provides useful information to policymakers’ optimal design for policy tools and welfare evaluations for policy implementation during economic transition to the industrialized stage and interaction with the global economy.

Prof. Alex Sili Zhou possesses a PhD degree in Finance from Singapore Management University and Master degree in Economics from Shanghai University of Finance and Economics. Prior joining the University of Macau, he was an Assistant Professor from the Fanhai International School of Finance and School of Economics of Fudan University. His research interests lie in corporate finance, international finance, innovation, and Chinese financial markets.

Fung Kwan’s research centers on the labour market, agriculture, productivity & efficiency, and growth.  He was a visiting fellow at Clare Hall, Cambridge UK and Brandeis University US.  He is an advisor of the Economic Development Committee of the Macao SAR Government.  His current research projects on Macao include the ongoing “A Macroeconometric Model for Macao”, presenting annual economic forecasts of the local economy; the “Greater Bay of Guangdong, Hong Kong and Macao – Economic Diversification, Progress, and Convergence”, offering an index to measure the economic progress of GBA; and the 《針對低薪行業進行有關薪酬階梯連鎖反應的研究》, a local government commissioned consultancy project on the linkage effect of wage ladders in the low-pay industries.  On China, he is working on land and migration decision, efficiency of hog production, and China’s growth decomposition.  Selected publications include “Surplus Agricultural Labour and Its Implications to China’s Lewis Turning Point” China Economic Review 48:244-257, and “Labour Reallocation, Productivity Growth and Dualism in China” International Review of Economics and Finance 57: 198-210.  Fung’s research covers various economic issues of the mainland China, the Greater Bay Area, and Macao, the most dynamic regions in Asia in the 21^st century.

Prof. Hoipan Wong possesses a PhD degree in Economics from Washington University in St. Louis and Master degree in Economics from New York University. Prior joining the University of Macau, he was an Assistant Professor from School of Finance of Nankai University. His research interests lie in Wealth Inequality, Growth and Development, and Financial Economics.