Hung-Jen Wang
王泓仁

Department of Economics
National Taiwan University


Professor
Ph.D., University of Michigan, 1998


contact information  |   honors and awards  |   professional activities  |  publications  working papers | CV (pdf): English or Chinese


contact information:

email:                   


mailing address:       Hung-Jen Wang
                            Department of Economics
                            National Taiwan University

                            No. 21, Hsu-Chow Rd.

                            Taipei 10055
                            Taiwan

telephone:             886-2-2351-9641 ext.667

fax:                      886-2-2351-0543 attn. Hung-Jen Wang

honors and awards:  

Lien Zhen-Dong Memorial Fellowship, National Taiwan University, 2009.

National Science Council Excellent Research Award (3-year term), 2003.

Academia Sinica Research Award for Junior Research Investigators, 2003, Academia Sinica.

Wu Ta-You Memorial Prize, 2003, National Science Council.

National Science Council Research Award, 1998, 1999, 2000, 2001, 2002.

Rackham Dissertation Fellowship, September 1997, The University of Michigan .

Honor Teaching Assistant, December 1994, April 1995 and December 1995, Department of Economics, The University of Michigan .

Summer Research Fellowship, May 1993, Department of Economics, The University of Michigan .

professional activities:    

Editor of October issue, Pacific Economic Review, 2007 – present.

Associate Editor, Journal of Productivity Analysis, 2009 – present.

Co-Editor, Academia Economic Papers, September 2006 – present.

Associate Editor, Taiwan Economic Review, 2008 – present.

Secretary General, Taiwan Economic Association, 2007.

publications:

1.

Estimating Fixed-Effect Panel Stochastic Frontier Models by Model Transformation  (first author, with Chia-Wen Ho), Journal of Econometrics, 2009, accepted.

2.

“Stochastic Frontier Models with Errors in Variables: a GMM Approach  (in Chinese, with Yi-Yi Chen), Taiwan Economic Review, 2009, 37 (1), 1-22.

3.

“The Cost Effects of Government-Subsidised Credit: Evidence from Farmers’ Credit Unions in Taiwan ,” (first author, with Ching-Cheng Chang and Po-Chi Chen), Journal of Agricultural Economics, 2008, 59(1), pp.132–149.

4.

“Identifying the Demand and Supply Effects of Financial Crises on Bank Credit--Evidence from Taiwan," (first author, with Nan-Kuang Chen), lead article in Southern Economic Journal, 2008, 75(1), pp.26–49.

5.

“The Procyclical Leverage Effect of Collateral Value on Bank Loans – Evidence from the Transaction Data of Taiwan,” (with Nan-Kuang Chen), Economic Inquiry, 2007,
45(2), pp.395–406.

6.

“Stochastic Frontier Models,” invited article for The New Palgrave Dictionary of Economics, 2nd edition, Palgrave Macmillan, 2007; forthcoming.

7.

“Pitfalls in the Estimation of Cost Function Ignoring Allocative Inefficiency: A Monte Carlo Analysis,” (first author, with Subal C. Kumbhakar) lead article in Journal of Econometrics, 2006, 134, pp.317-340.

8.

“Estimation of Technical and Allocative Inefficiency: A Primal System Approach,” (with Subal C. Kumbhakar), Journal of Econometrics, 2006, 134, pp.419-440.

9.

“Estimation of Growth Convergence Using a Stochastic Production Frontier Approach,” (first author, with Subal C. Kumbhakar) Economics Letters, 2005, 88(3), pp.300-305.

10.

"A Method of Moments Estimator for a Stochastic Frontier Model with Errors in Variables," Economics Letters, , 2004, 85(2), pp.221-228. (download Stata program; updated on July 24, 2004)

11.

"A Stochastic Frontier Analysis of Financing Constraints on Investment: The Case of Financial Liberalization in Taiwan ," Journal of Business and Economic Statistics, 2003, 21(3), pp.406-419.  (download Stata program here; updated on Nov 4, 2005.)

12.

"Heteroscedasticity and Non-Monotonic Efficiency Effects of a Stochastic Frontier Model," Journal of Productivity Analysis, 2002, 18, pp.241-253. (download Stata program here; updated on Nov 4, 2005.)

13.

“Nominal Data and the Production Smoothing Hypothesis,” Economics Letters, 2002, 76(2), pp.245-50.

 

14.

"One-Step and Two-Step Estimation of the Effects of Exogenous Variables on Technical Efficiency Levels," (first author, with Peter Schmidt) Journal of Productivity Analysis, 2002, 18, pp.129-44. (download Stata program here; updated on Nov 4, 2005.)

15.

“Exogenous Cash: Testing Financing Constraints on Inventory Investment Using Dynamic Panels with additional information from annual reports,” Quarterly Review of Economics and Finance, 2001, 42(4), pp.779-802.

16.

“Production Smoothing when Bank Loan Supply Shifts - The Role of Variable Capacity Utilization,” Journal of Money, Credit, and Banking, 2001, 33(3), pp.749-66.

17.

“An Optimal Personal Bankruptcy Procedure and Proposed Reforms,” (with Michelle White), Journal of Legal Studies, 2000, 29(1), pp.255-286.

18.

“Symmetrical Information and Credit Rationing: Graphical Demonstrations,” Financial Analysts Journal, 2000, 56 (2), pp.85-95.  

19.

"Measuring the Tobin's Q for Taiwanese Manufacturing Firms" (in Chinese), Academia Economic Papers, 2000, 28(2), 149-76.  (download Stata program here; updated on Feb 27, 2004.)

working papers:

1.

“Centered-Residuals-Based Moment Tests for Stochastic Frontier Models,” (with Ti-Ting Chen), 2008, work in progress.

2.

“Does Collateral Value Affect Business Investment?-- An Empirical Study of Taiwan,” (first author, with Nan-Kuang Chen), 2008, under review.

3.

“Identifying the Effects of Monetary Policy in a Small Open Economy with Active Foreign Exchange Interventions,” 2008, under review.

4.

“Estimating Panel Stochastic Frontier Models with Fixed Effects by Model Transformation,” (first author, with Chia-Wen Ho), 2007, work in progress.

5.

“A Unified Approach to the Growth Empirics,” (first author, with Yi-Yi Chen and Hsin-Min Lu), 2006, work in progress.

6.

“Family, Uncertainty, and Precautionary Savings,” (with Cyrus Chu and Chun-Fang Jiang), 2005, manuscript.

7.

“Heterogeneity and the Determinants of Loan Contracts - Evidence from Small Business Finance,” (with Emily Lin), 2002, manuscript.