2025 Asia-Pacific Symposium on Economics and Finance
Date: September 19, 2025
Host: Research Institute for Economics and Business Administration (RIEB) Graduate School of Economics, Kobe University, Japan
9:00-9:10 Opening Ceremony
Opening Remarks: Kimitaka NISHITANI, Director of RIEB, Kobe University
Welcome Speech: Takuji KINKYO, Dean of Graduate School of Economics, Kobe University
9:10-9:15 Group Photo
9:15-10:00 Keynote Speech
Chair: Shigeto KITANO (Kobe)
Speaker: Charles Yuji HORIOKA (Kobe)
Title: How Are Bequests Divided? The Case of Japan
10:00-10:10 Coffee Break
10:10-12:30 Session I (Household Behavior, Finance, and Welfare)
Chair: Cheolsung PARK (Hanyang)
Presentation 1: A Dynamic Model of Exchange Bequest and Eldercare
Presenter: Simon FAN (Lingnan)
Presentation 2: Does Common Institutional Ownership Distort Human Capital Allocation? Evidence from Labor Investment Efficiency
Presenter: Hongren (Henry) HUANG (NCU)
Presentation 3: The Effects of Foreign Currency Loan Regulation: Weighing Currency Mismatches against Growth
Presenter: Youngjin YUN (Hanyang)
Presentation 4: Marketing, Market Power, and Welfare
Presenter: Xijie GAO (NTU)
12:30-13:30 Lunch at Sakura Restaurant
13:30-15: 50 Session II (Trade, Industry, and Policy)
Chair: Masahiko SHIBAMOTO (Kobe)
Presentation 1: The competitive effects of vertical integration and foreclosure
Presenter: Junji XIAO (Lingnan)
Presentation 2: Place-based Policy, R&D Misallocation and Innovation
Presenter: Qinshu XUE (SJTU)
Presentation 3: Triadic Gravity in the Petrochemical Industry
Presenter: Yang SHEN (Hanyang)
Presentation 4: Assessing the impact of geopolitical risk on inter- and intra-bloc trade flows: A product level analysis
Presenter: Deeksha KOKAS (NTU)
15:50-16:00 Coffee Break
16:00-17:45 Session III (Environment, Experiments, and Methodology)
Chair: Tianle ZHANG (Lingnan)
Presentation 1: The Impact of Visual Salience and AI Nudges on Pareto Improvement: Experimental Evidence
Presenter: Xiangdong QIN (SJTU)
Presentation 2: The Green Paradox: How Energy Subsidies Shape Environmental Policy Outcomes
Presenter: Ruey YAU (NCU)
Presentation 3: Inference on Effect Size after Multiple Hypothesis Testing
Presenter: Wenjie WANG (NTU)
17:45-18:00 Closing Remarks
Cheolsung PARK, Dean of college of Economics and Finance, Hanyang University
Wenjie WANG, Assistant Professor, Nanyang Technological University
Hongren (Henry) HUANG, Professor, National Central University
Tianle ZHANG, Professor, Lingnan University
Xiangdong QIN, Professor, Shanghai Jiao Tong University
13:30-15:30 Session I
Chair: Tetsugen HARUYAMA (Kobe)
Presentation 1: Central Coordination, Education Investment and Human Capital Accumulation
Presenter: Xiao YANG (SJTU)
Presentation 2: Law and Culture: The Institutional Roots of Individualism
Presenter: Xiaoran LIU (NTU)
Presentation 3: Spreading Fake News: How Imperfectly Informative Media Persuades Curiosity Seekers?
Presenter: Shijie SUN (Kobe)
Presentation 4: Thirst for Talent: Competition in the Hiring of High-skilled Workers
Presenter: Weiwei ZHENG (SJTU)
15:30-15:40 Break
15:40-17:40 Session II
Chair: Miwa Matsuo (Kobe)
Presentation 1: Roles of Campus Towns in Urban Development: Evidence from China
Presenter: Lanxuan XING (Hanyang)
Presentation 2: Subsidy-Driven Transformation: Consumer Substitution, Resource Reallocation, and Productivity Dynamics in China’s Electric Vehicle Industry
Presenter: Mengxin LIU (Lingnan)
Presentation 3: Denoised IPW-Lasso for Heterogeneous Treatment Effect Estimation in Randomized Experiments
Presenter: Mingqian GUAN (Kobe)
Presentation 4: Estimating the Real Effect of Endogenous Digital Technology Adoption
Presenter: Mengyuan CAI (NTU)
Local Hosts:
Research Institute for Economics and Business Administration (RIEB), Kobe University, Japan Graduate School of Economics, Kobe University, Japan
Organizing Committee:
Junyi SHEN (local organizer), Kobe University, Kobe
Young Jun CHUN, Hanyang University, Seoul
Fuhai HONG, Lingnan University, Hong Kong
Henry Hongren HUANG, National Central University, Taiwan
Wenjie WANG, Nanyang Technological University, Singapore
Yang YU, Shanghai Jiao Tong University, Shanghai
Participants (in alphabetical order):
Faculty members:
Simon FAN, Lingnan University, Hong Kong
Xijie GAO, Nanyang Technological University, Singapore
Tetsugen HARUYAMA, Kobe University, Kobe
Henry Hongren HUANG, National Central University, Taiwan
Charles Yuji HORIOKA, Kobe University, Kobe
Takuji KINKYO, Kobe University, Kobe
Shigeto KITANO, Kobe University, Kobe
Miwa MATSUO, Kobe University, Kobe
Kimitaka NISHITANI, Kobe University, Kobe
Cheolsung PARK, Hanyang University, Seoul
Xiangdong QIN, Shanghai Jiao Tong University, Shanghai
Takahiro SATO, Kobe University, Kobe
Junyi SHEN, Kobe University, Kobe
Yang SHEN, Hanyang University, Seoul
Masahiko SHIBAMOTO, Kobe University, Kobe
Wenjie WANG, Nanyang Technological University, Singapore
Junji XIAO, Lingnan University, Hong Kong
Qinshu XUE, Shanghai Jiao Tong University, Shanghai
Ruey YAU, National Central University, Taiwan
Youngjin YUN, Hanyang University, Seoul
Tianle ZHANG, Lingnan University, Hong Kong
Graduate students:
Mengyuan CAI, Nanyang Technological University, Singapore
Mingqian GUAN, Kobe University, Kobe
Deeksha KOKAS, Nanyang Technological University, Singapore
Mengxin LIU, Lingnan University, Hong Kong
Xiaoran LIU, Nanyang Technological University, Singapore
Shijie SUN, Kobe University, Kobe
Lanxuan XING, Hanyang University, Seoul
Xiao YANG, Shanghai Jiao Tong University, Shanghai
Weiwei ZHENG, Shanghai Jiao Tong University, Shanghai