The 2021 Jinan - SMU - ABFER Conference on Urban and Regional Economics will take place on December 15-17, 2021 online. It is co-organized by the Institute for Economic and Social Research (IESR) at Jinan University, the School of Economics at Singapore Management University, and Asian Bureau of Finance and Economics Research (ABFER). The meeting has the objective of gathering world leading experts to share the latest knowledge and research in urban and regional economics. We are pleased to invite prominent professors Gabriel Ahlfeldt, Nathaniel Baum-Snow, Patrick Bayer, Gilles Duranton, Hanming Fang, Stephan Heblich as keynote speakers and Lu Han as master class speaker.
For presenters, the information of online meeting rooms has been directly sent to your email. For participants that would like to attend, please complete the registration form:
Detailed Program
Day 1 December 15, 2021 (Wed, in Beijing Time)
8:50 am – 9:00 am Opening Address
Shuaizhang Feng, Dean of the Institute for Economic and Social Research and School of Economics, Jinan University
Yongheng Deng, Professor and the John P. Morgridge Distinguished Chair in Business, Wisconsin University - Madison
Venue: Online Meeting Room 1
9:00 am – 10:00 am
Venue: Online Meeting Room 1
Chair: Shimeng Liu, Jinan University
Keynote Speech 1 by Gilles Duranton, University of Pennsylvania
Title: The Fast, the Slow, and the Congested: Urban Transportation in Rich and Poor Countries
Coauthors: Prottoy A. Akbar (Aalto University), Victor Couture (University of British Columbia), and Adam Storeygard (Tufts University)
10:10 am – 11:10 am
Venue: Online Meeting Room 1
Chair: Sisi Zhang, Jinan University
Keynote Speech 2 by Patrick Bayer, Duke University
Title: Investor Contagion in Housing Bubbles: Evidence from the United States in the 2000s
Coauthors: Kyle Mangum (Georgia State University) and James Roberts (Duke University)
11:20 am – 12: 20 pm Parallel Sessions A1, A2, A3
Parallel Session A1 City
Venue: Online Meeting Room 1
Chair: Gregor Schubert, UCLA
Title: Who Gains from Housing Market Stimulus? Evidence from Housing Assistance Grants with Threshold Prices
Author(s): Sumit Agarwal, National University of Singapore
Maggie Rong Hu, Chinese University of Hong Kong
Adrian D. Lee, Deakin University
Title: House Price Contagion and U.S. City Migration Networks
Author(s): Gregor Schubert, UCLA
Parallel Session A2 Inequality
Venue: Online Meeting Room 2
Chair: Yifan Gong, University of Nebraska-Lincoln
Title: Location Decisions and Welfare Inequality of Graduates from the Appalachian Region: the Role of Non-Pecuniary Considerations
Author(s): Yifan Gong, University of Nebraska-Lincoln
Todd Stinebrickner, University of Western Ontario
Ralph Stinebrickner, Berea College
Yuxi Yao, University of Nebraska-Lincoln
Title: Place-Based Industrial Policies, Labor Demand, and Inequality: Evidence from Job Postings in China
Author(s): Qin Chen, Business Big Data Inc.
Klint Mane, University of Rochester
Geunyong Park, University of Rochester
Ande Shen, University of Rochester
Parallel Session A3 Housing Transaction
Venue: Online Meeting Room 3
Chair: Sisi Zhang, Jinan University
Title: Tax Me if You Can: Tax Evasion on China’s Housing Market
Author(s): Zhentong Lu, Bank of Canada
Sisi Zhang, Jinan University
Daxuan Zhao, Renmin University
Title: Cooling Auction Fever: Underquoting Laws in the Housing Market
Author(s): Antonio Gargano, University of Houston and University of Melbourne
Marco Giacoletti, USC Marshall
1:40 pm – 3:10 pm Parallel Sessions B1, B2, B3
Parallel Session B1 Place-based Policies
Venue: Online Meeting Room 1
Chair: Shimeng Liu, Jinan University
Title: Do Place-Based Investments Gentrify Local Neighborhoods within Large Cities? Evidence from Special Economic Zones in Shanghai
Author(s): Nanyang Bu, Shanghai University
Xiangyu Guo, Fudan University
Jianfeng Wu, Fudan University
Title: Skill Complementarity in Teams
Author(s): Yang Wang, Shanghai Jiaotong University
Title: Special Economic Zones and Crime: The Dark Side of Economic Growth
Author(s): Yufei Guo, Central University of Finance and Economics
Shimeng Liu, Jinan University
Weizeng Sun, Central University of Finance and Economics
Parallel Session B2 City
Venue: Online Meeting Room 2
Chair: Xiaoying Deng, Shanghai University of Finance and Economics
Title: Does Space Matter? The Case of a Cap on the Housing Expenditure Share
Author(s): Yifan Gong, University of Nebraska-Lincoln
Charles Ka Yui Leung, City University of Hong Kong
Title: Within-city Income Inequality Neighborhood Gentrification and House Prices
Author(s): Meng Li, Hunan University
Title: Emergent Superstar Cities and Urban Shadows
Author(s): Xiaoying Deng, Shanghai University of Finance and Economics
Yuming Fu, National University of Singapore
Bochao Zhang, National University of Singapore
Parallel Session B3 Environment
Venue: Online Meeting Room 3
Chair: Teng Li, Sun Yet-sen University
Title: The Sunshine Effects on Solar Loan Repayments
Author(s): Yinghao Pan, National University of Singapore
Yu Qin, National University of Singapore
Title: The Dirty Legacy of China’s Productivity Growth: Evidence from the “Two Control Zones” Policy
Author(s): Ying Chen, Xiamen University
Wenjie Wu, Jinan University
Yanwen Yun, Jinan University
Title: Whither Weather?: High Temperature, Climate Change and Mortgage Default
Author(s): Yongheng Deng, University of Wisconsin-Madison
Congyan Han, University of Wisconsin-Madison
Teng Li, Sun Yet-sen University
Timothy Riddiough, University of Wisconsin-Madison
03:20 pm – 04:50 pm Parallel Sessions C1, C2, C3
Parallel Session C1 Migration
Venue: Online Meeting Room 1
Chair: Chang Sun, University of Hong Kong
Title: Internal Migration, Remittances and Structural Change
Author(s): Xiameng Pan, University of Hong Kong
Chang Sun, University of Hong Kong
Title: Migration Restriction and the Rising Cost of Service Consumption in Urban China
Author(s): Huibin Chang, Dongbei University of Finance and Economics
Wenquan Liang, Jinan University
Hongwei Xu, Dongbei University of Finance and Economics
Parallel Session C2 Urban Development
Venue: Online Meeting Room 2
Chair: Nathan Schiff, Shanghai University of Finance and Economics
Title: How Much Do Households Dislike Local density? And Do Developers Fully Consider Their Preferences? Evidence from a Policy Change in Singapore
Author(s): Eric Fesselmeyer, Monmouth University
Haoming Liu, National University of Singapore
Louisa Poco, National University of Singapore
Title: The Power of Developers: Evidence from California
Author(s): Ghizlen Ouasbaa, Universitat de Barcelona & IEB
Albert Solé-Ollé, Universitat de Barcelona & IEB
Elisabet Viladecans-Marsal, Universitat de Barcelona & IEB & CEPR
Title: The Structure and Growth of Ethnic Neighborhoods
Author(s): Tianran Dai, Shanghai University of Finance and Economics
Nathan Schiff, Shanghai University of Finance and Economics
Parallel Session C3 Housing
Venue: Online Meeting Room 3
Chair: Yang Yang, The Chinese University of Hong Kong
Title: Seeing is Believing: The Impact of Buyers’ Onsite Viewing Activities on Housing Transactions
Author(s): Maggie Rong Hu, the Chinese University of Hong Kong
Weida Kuang, Renmin University
Xiaoyang Li, Jinan University
Yang Shi, Chinese University of Hong Kong
Title: Home Ownership and Consumption
Author(s): Yiqing Lv, New York University Shanghai
Su Wang, University of Amsterdam
Title: Housing Shock and Online Consumer Behavior
Author(s): Hanming Fang, University of Pennsylvania
Long Wang, ShanghaiTech University
Yang Yang, Chinese University of Hong Kong
05:00 pm –06:00 pm
Venue: Online Meeting Room 1
Chair: Siyu Chen, Jinan University
Keynote Speech 3 by Gabriel M. Ahlfeldt, London School of Economics and Political Science
The Economics of Skyscrapers: A Synthesis
Coauthors: Jason Barr (Rutgers University-Newark)
Day 2 December 16, 2021 (Thu, in Beijing Time)
9:00 am – 10:00 am
Venue: Online Meeting Room 1
Chair: Jing Li, Singapore Management University
Keynote Speech 4 by Stephan Heblich, University of Toronto
Title: Industrial clusters in the long run: Evidence from Million-Rouble Plants in China
Coauthors: Marlon Seror (University of Bristol), Hao Xu (Peking University), and Yanos Zylberberg (University of Bristol)
10:10 am – 12:10 am
Venue: Online Meeting Room 1
Chair: Wei Shi, Jinan University
Master Class by Lu Han, University of Wisconsin – Madison and University of Toronto
Title: To Own or To Rent? The Effects of Transaction Taxes on Housing Markets
Coauthors: Rachel Ngai (LSE) and Kevin Sheedy (LSE)
1:30 pm-3:30 pm Parallel Sessions D1, D2, D3
Parallel Session D1 Land
Venue: Online Meeting Room 1
Chair: Zhi Wang, Fudan University
Title: Regional Convergence or Just An Illusion? Place-based Land Policy and Spatial Misallocation
Author(s): Min Fang, University of Lausanne and University of Geneva
Libin Han, Dongbei University of Finance and Economics
Zibin Huang, Shanghai University of Finance and Economics
Ming Lu, Shanghai Jiaotong University
Li Zhang, Sun Yat-Sen University
Title: Spatial sorting, Inequality, and the Aggregation Bias in Cross-Regional Estimates
Author(s): Qihui Chen, CUHK-Shenzhen
Chen Liu, National University of Singapore
Title: Land Use Distortion in a Spatial Economy
Author(s): Wen-Tai HSU, Singapore Management University
Zheng(Michael) SONG, Chinese University of Hong Kong
Xin Zou, Dongbei University of Finance and Economics
Title: Industrial Land Allocation in China: Evidence from the 2007 Auction Reform
Author(s): Wenjia Tian, Central University of Finance and Economics
Zhi Wang, Fudan University
Qinghua Zhang, Peking University
Parallel Session D2 Housing
Venue: Online Meeting Room 2
Chair: Maggie Rong Hu, The Chinese University of Hong Kong
Title: Local Housing Market Sentiments and Returns Evidence from China
Author(s): Shulin Shen, Huazhong University of Science and Technology
Yiyi Zhao, Huazhong University of Science and Technology
Jindong Pang, Wuhan University
Title: Housing Purchase Restrictions and Entrepreneurship
Author(s): Chao Ma, Xiamen University
Title: Housing Wealth on Health and Healthcare: Evidence from Expropriation and the Booming Housing Market
Author(s): Xuezhu Shi, University of International Business and Economics
Title: Tobin Tax Policy, Housing Speculation, and Property Market Dynamics
Author(s): Sumit Agarwal, National University of Singapore
Kwong Wing Chau, The University of Hong Kong
Maggie Rong Hu, The Chinese University of Hong Kong
Wayne Xinwei Wan, The University of Cambridge
Parallel Session D3 Transportation
Venue: Online Meeting Room 3
Chair: Wei Shi, Jinan University
Title: Subway, Collaborative Matching, and Innovation
Author(s): Yumi Koha, University of Seoul, Korea
Jing Li, Singapore Management University
Jianhuan Xu, Singapore Management University
Title: Pollution-Induced Trips Evidence from Train and Flight Bookings in China
Author(s): Ruochen Dai ,Central University of Finance and Economics
Dongmei Guo, Central University of Finance and Economics
Yajie Han, National University of Singapore
Gang Lu, Ctrip Incorp.
Yu Qin, National University of Singapore
Title: Commute Time and Labor Supply
Author(s): Sumit Agarwal, National University of Singapore
Elvira Sojli, University of New South Wales
Wing Wah Tham, University of New South Wales
Title: In the Crossfire: Multinational Companies and Consumer Boycotts
Author(s): Wei Shi, Jinan University
Jingran Wei, Jinan University
3:40 pm-5:40 pm Parallel Sessions E1, E2, E3
Parallel Session E1 Covid-19
Venue: Online Meeting Room 1
Chair: Naqun Huang, Nanjing Audit University
Title: How Do Institutional Investors React to Local Shocks During a Crisis? A Test Using the COVID-19 Pandemic
Author(s): David C. Ling, University of Florida
Chongyu Wang, The University of Hong Kong
Tingyu Zhou, Florida State University
Title: High-Speed Railways and the Spread of Covid-19
Author(s): Jindong Pang, Wuhan University
Youle He, Wuhan University
Shulin Shen, Huazhong University of Science and Technology
Title: Understanding the Spatial Impact of COVID-19- New insights from Beijing after One Year into Post-lockdown Recovery
Author(s): Ling Li, University of Cambridge
Li Wan, University of Cambridge
Title: Covid-19 and the Urban Housing Market in China
Author(s): Naqun Huang, Nanjing Audit University
Jindong Pang, Wuhan University
Yanmin Yang, Nanjing Audit University
Parallel Session E2 Spatial Misallocation and Spillovers
Venue: Online Meeting Room 2
Chair: Lin Tian, INSEAD & CEPR
Title: White Elephants or Cost-Effective Investments? Empirical Investigation of Chinese Skyscrapers
Author(s): Ting Chen, Hong Kong Baptist University
Ziyang Chen, The Hong Kong University of Science and Technology
Yatang Lin, The Hong Kong University of Science and Technology
Jin Wang, The Hong Kong University of Science and Technology
Title: Spatial Misallocation in Housing and Land Markets: Evidence from China
Author(s): Yongheng Deng, University of Wisconsin-Madison
Yang Tang, Nanyang Technological University
Ping Wang, Washington University in St. Louis and NBER
Jing Wu, Tsinghua University
Title: Coagglomeration Economies: Productivity Spillovers, Supply Chain Distance, and Spatial Econometrics
Author(s): Yilan Luo, Hunan University
Wen-Chi Liao, National University of Singapore
Title: Geographic Spillovers and Firm Exports: Evidence from China
Author(s): Lin Tian, INSEAD & CEPR
Yue Yu, University of Toronto
Parallel Session E3 Government
Venue: Online Meeting Room 3
Chair: Wei Xiao, Southwestern University of Finance and Economics
Title: How to Define a Developing Country City? Comparing Recently Developed Methods of Defining Urban Areas
Author(s): Pierre-Philippe Combes, Sciences Po and CEPR
Shohei Nakamura, World Bank
Mark Roberts, World Bank
Benjamin Stewart, World Bank
Title: Can Housing Booms Elevate Financing Costs of Financial Institutions
Author(s): Chao Ma, Xiamen University
Shuoxun Zhang, Xiamen University
Title: Does Climate Change Affect Real Estate Prices? Evidence from Government Announcement
Author(s): Sumit Agarwal, National University of Singapore
Yu Qin, National University of Singapore
Tien Foo Sing, National University of Singapore
Changwei Zhan, National University of Singapore
Title: State control, financial crisis and real estate diversification of listed firms in China
Author(s): Jialin Huang, Nanjing University of Finance and Economics
Wei Xiao, Southwestern University of Finance and Economics
Day 3 December 17, 2021 (Fri, in Beijing Time)
9:00 am – 10:00 am
Venue: Online Meeting Room 1
Chair: Lin Ma, Singapore Management University
Keynote Speech 5 by Nathaniel Baum-Snow, University of Toronto
Title: Filtering in Commercial Real Estate
Coauthors: Stephan Heblich (University of Toronto) and Stuart Rosenthal (Syracuse University)
10:10 am – 11:10 am
Venue: Online Meeting Room 1
Chair: Shiyu Bo, Jinan University
Keynote Speech 6 by Hanming Fang, University of Pennsylvania
Title: Understanding the Resurgence of the SOEs in China: Evidence from the Real Estate Sector
Coauthors: Jing Wu (Tsinghua University), Rongjie Zhang (Tsinghua University) and Li-An Zhou (Peking University)
11:20 am – 12:20 am Parallel Sessions F1, F2, F3
Parallel Session F1 Urban
Venue: Online Meeting Room 1
Chair: Victor Couture, University of British Columbia
Title: Taxing Homeowners in China: Who are the Winners and Losers?
Author(s): Yunho Cho, Jinan University
Title: Quantifying Social Interactions Using Smartphone Data
Author(s): Victor Couture, University of British Columbia
Jonathan I. Dingel, University of Chicago Booth School of Business, NBER, and CEPR
Allison Green, Princeton University
Jessie Handbury, University of Pennsylvania and NBER
Parallel Session F2 Finance
Venue: Online Meeting Room 2
Chair: Xiao Ma, Peking University
Title: Accounting for the Rise in Mortgage Debt: The Contribution of Inflation and Mortgage Innovations
Author(s): James MacGee, Bank of Canada
Yuxi Yao, University of Nebraska-Lincoln
Title: Expecting Floods: Firm Entry, Employment, and Aggregate Implications
Author(s): Ruixue Jia, University of California, San Diego, London School of Economics and Political Science, and NBER
Xiao Ma, Peking University
Victoria Weixin Xie, Santa Clara University
Parallel Session F3 Labor Market
Venue: Online Meeting Room 3
Chair: Xi Yang, University of North Texas
Title: Do the Math! High School Math Requirement and Gender Wage and Location Gap
Author(s): Xi Yang, University of North Texas
Title: The Geography of Job Creation and Job Destruction
Author(s): Moritz Kuhn, University of Bonn
Iourii Manovskii, University of Pennsylvania
Xincheng Qiu, University of Pennsylvania
