Shujie Yao

Contact

• workRoom E3 International House
  Jubilee Campus
  Wollaton Road
  Nottingham
  NG8 1BB
  UK
• work0115 84 66179
• fax0115 84 66324
• shujie.yao@nottingham.ac.uk

Biography

After completing his PhD in Economics from the University of Manchester in 1989, Shujie Yao worked at the Universities of Oxford, Portsmouth and Middlesex as research fellow, lecturer, Professor and Chair of Economics before joining The University of Nottingham as Professor of Economics and Chinese Sustainable Development in August 2006.

Subsequently appointed as the first Head of the School of Contemporary Chinese Studies at Nottingham in January 2007, Prof. Yao is an expert on economic development in China. He has published 10 research monographs, edited books, as well as produced more than 90 refereed journal articles. He was ranked eighth among the world's China scholars specialising in the study of the Chinese economy in a recent article published in the Journal of Asian Economic Literature.

Professor Yao has published widely in many top economics and development journals in the world, including the Journal of Political Economy, Journal of Comparative Economics, Economic Development and Cultural Change, World Economy, China Quarterly, and the Journal of Development Studies, China Economic Review, among others. He is founding editor of Journal of Chinese Economic and Business Studies, chief economics editor of Xi'an Jiaotong University Journal (Social Sciences), editorial member of Journal of Comparative Economics, Food Policy and Journal of Contemporary China.

Prof. Yao is also coordinator of the China and the World Economy programme at the Globalisation and Economic Policy Centre at Nottingham and special chair professor of economics of Xi'an Jioatong University. He has had a wide range of consultancy experience with major organisations including the UNDP, FAO, World Bank, ADB, DFID, EU and the UNCDF, working in many less developed and transitional economies in Africa, Asia and Eastern Europe.

Please click here for Prof. Yao's complete CV.

Expertise Summary

Transitional economies; China and the world economy; Income and regional inequality; Sustainable economic development; Foreign direct investment; Economic reforms; Financial reform in China; Impact of global competition on state institutions.

Recent Publications

• SUTHERLAND, D. and YAO, S., 2011. Income inequality in China over 30 years of reforms Cambridge Journal of Regions, Economy and Society. 4(1), 91-105
• YAO, S. and ZHANG, J., 2011. World Financial Crisis and Implications for China. In: ARESTIS, P., SOBREIRA, R. and OREIRO, J.L., eds., An Assessment of the Global Impact of the Financial Crisis Palgrave Macmillian. 182-208
• YAO, S. and ZHANG, J., 2011. On Economic Theory and Recovery of Financial Crisis The World Economy. 34(5), 764-777
• DAN, LUO, SHUJIE, YAO, JIAN, CHEN and JIANLING, WANG, 2011. World Financial Crisis and Efficiency of Chinese Commercial Banks The World Economy. 34(5), 805-825

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• SUTHERLAND, D. and YAO, S., 2011. Income inequality in China over 30 years of reforms Cambridge Journal of Regions, Economy and Society. 4(1), 91-105
• YAO, S. and ZHANG, J., 2011. World Financial Crisis and Implications for China. In: ARESTIS, P., SOBREIRA, R. and OREIRO, J.L., eds., An Assessment of the Global Impact of the Financial Crisis Palgrave Macmillian. 182-208
• YAO, S. and ZHANG, J., 2011. On Economic Theory and Recovery of Financial Crisis The World Economy. 34(5), 764-777
• DAN, LUO, SHUJIE, YAO, JIAN, CHEN and JIANLING, WANG, 2011. World Financial Crisis and Efficiency of Chinese Commercial Banks The World Economy. 34(5), 805-825
• YAO, SHUJIE, GENFU, FENG and CHUNXIA, JIANG, 2011. 姚树洁，冯根福，姜春霞, 中国银行业效率分析，1995-08. 《经济研究》(Economic Research Journal), 第8期，第1-14页.
• YAO, SHUJIE, BIN, WU, S. MORGAN and D. SUTHERLAND, 2010. Sustainable reform and development in post-Olympic China RoutledgeCurzon (Oxford, New York, 244 pages), ISBN: 978-0-415-55956-0..
• WU, BIN and AND SHUJIE, YAO, 2010. Openness of the Chinese Society after Three Decades of Reforms, Guest Editors Journal of Contemporary China. 19(67), 799-854
• YAO. S., SUTHERLAND, D. and CHEN, J., 2010. China's Outward FDI and Resource-Seeking Strategy: A Case Study on Chinalco and Rio Tinto Asia-Pacific Journal of Accounting and Economics. 17(3), 313-326
• GREENAWAY, DAVID, CHRIS, MILNER and SHUJIE YAO, 2010. China and the World Economy Palgrave (Basingstoke, UK; New York, USA; 250 pages), ISBN 978-0-230-52152-0..
• YAO, SHUJIE, HAN, ZHONGWEI and LUO, DAN, 2010. Efficiency Analysis of the Insurance Industry in China under Economic Reforms Edward Elgar Publishing.
• YAO, SHUJIE, BIN, WU, FANG, SU and JIANLING, WANG, 2010. The Impact of Higher Education Expansion on Social Justice in China: a spatial and inter-temporal analysis Journal of Contemporary China. 19(67), 837-854
• YAO, SHUJIE, DAN, LUO and STEPHEN, MORGAN, 2010. Bank share prices and stock market integration in Greater China Journal of the Asia Pacific Economy. 15(4), 388-95
• YAO, SHUJIE and DAN, LUO, 2010. World financial crisis and emergence of Chinese commercial banks Applied Financial Economics. 20(19), 1515-1530
• YAO, SHUJIE, DAN, LUO and STEPHEN, MORGAN, 2010. Impact of the US credit crunch and housing market crisis on China Journal of Contemporary China. 19(64), 401-17
• YAO, SHUJIE and DAN LUO, 2009. The economic psychology of stock market bubbles in China The World Economy. 32(5), 667-91
• YAO, SHUJIE, CHUNXIA, JIANG and ZONGYI, ZHANG, 2009. The effect of governance changes on bank efficiency in China: a stochastic distance function approach China Economic Review. 20(2), 183-92
• LEI, CHUN KWOK and SHUJIE, YAO, 2009. Economic convergence of greater China RoutledgeCurzon (Oxford, New York, 234 pages), ISBN10: 0-415-43581-1; ISBN13: 978-0-415-43581-9..
• WEI, KAILEI, YAO, SHUJIE and LIU, AYING, 2009. Foreign direct investment and regional inequality in China Review of Development Economics. 13(4), 778-91
• YAO, SHUJIE and SUTHERLAND, DYLAN, 2009. Chinalco and Rio Tinto: A long march for China’s national champions China Quarterly. 199(September), 829-36
• LEI, CHUN KWOK AND SHUJIE, YAO, 2008. On income convergence among China, Hong Kong and Macau The World Economy.. 31(3), 345-366
• YAO, SHUJIE and STEPHEN MORGAN, 2008. On the new economic policies promoted by the 17th CCP Congress in China The World Economy. 31(9), 1129-40
• YAO, SHUJIE, CHUN KWOK, LEI and GENFU, FENG, 2008. On the economic convergence of China, Hong Kong and Macau, 《经济研究》, 2008年第10期，第80-92页.
• YAO, SHUJIE and ZHONGWEI, HAN AND GENFU, FENG, 2008. Ownership reform, foreign competition and efficiency of Chinese commercial banks. A non-parametric approach The World Economy. 31(10), 1310-21.
• YAO, S. and WEI, K., 2007. Economic growth in the presence of FDI: the perspective of newly industrialising economies Journal of Comparative Economics. 35(1), 211-234
• YAO, SHUJIE and ZHONGWEI, HAN, 2007. On technical efficiency of Chinese insurance industry, a DEA approach China Economic Review. 18(1), 66-86
• YAO, SHUJIE, C. JIANG, G. FENG and D. WILLENBOCKEL, 2007. On the efficiency of Chinese banks and WTO challenges Applied Economics. 39(5), 629-643
• YAO, SHUJIE and KAILEI, WEI, 2007. FDI and regional economic growth in China Applied Economics Letters. 15, 887–891 (In Press.)
• YAO, SHUJIE and ZHONGWEI, HAN AND GENFU, FENG, 2007. On technical efficiency of Chinese insurance industry, a DEA approach China Economic Review. 18(1), 66-86
• YAO, SHUJIE and KAILEI, WEI, 2007. On economic growth, FDI and exports in China, 《中国经济学季刊》, 2007 年, 第10期.
• YAO, S., 2006. On economic growth, FDI and exports in China Applied Economics. 38(3), 339-351
• WU, Z and SHUJIE, YAO, 2006. On Unemployment Inflow and Outflow in Urban China Regional Studies. 40(8), 811-822
• YAO, SHUJIE and GENFU, GENG AND KAILEI, WEI, 2006. FDI and Regional Economic Growth in China, Economic Research Journal 《经济研究》, 2006 年12 月, 第35-46页.
• YAO, SHUJIE, GENFU FENG and ZAIYANG LI, 2006. On the Efficiency and Standardization Formation Mechanism of the Information Industries China Industrial Economy, 《中国工业经济》. 23(1), 15-26
• YAO, SHUJIE, GENFU FENG and KAILEI WEI, 2006. FDI and Regional Economic Growth in China Economic Research Journal 《经济研究》.
• YAO, SHUJIE and KAILEI WEI, 2006. Economic growth in the present of FDI from a newly industrializing economy’s perspective In: International Conference on economic development of China.
• YAO, SHUJIE, J and CHEN, eds., 2006. Globalisation, competition and growth in China RoutledgeCurzon.
• YAO, S., 2005. Economic growth, income distribution and poverty reduction in contemporary China London: RoutledgeCurzon.
• YAO, SHUJIE and KAILEI, WEI, 2005. FDI and regional economic growth in China In: International Conference on economic development of China.
• YAO, SHUJIE, 2005. Assessment of science and technological development in China In: international conference on China-EU relationship.
• YAO, SHUJIE, GENFU FENG and YAJUN MA, 2005. Empirical Analysis on the Assurance Behaviour of Listed Chinese Companies China Industrial Economy, 《中国工业经济》. 22(3), 13-21
• YAO, SHUJIE, G. FENG, A. LIU and G. FU, 2005. On China’s rural and agricultural development after WTO accession Journal of Chinese Economic and Business Studies. 3(1), 59-78
• YAO, SHUJIE, Z. ZHANG and G. FENG, 2005. Rural-urban and regional inequality in output, income and consumption in China under economic reforms Journal of Economic Studies. 32(1), 2-24
• YAO, SHUJIE, 2005. Economic transition and the decline of agricultural production in Estonia Journal of International Development. 17, 495-509
• YAO, SHUJIE, GENFU FENG and ZHONGWEI HAN, 2005. Efficiency Analysis of the Chinese Insurance Industry Economic Research Journal 《经济研究》. 40(7), 56-65
• YAO, SHUJIE, ZONGYI ZHANG and LIN SONG, 2005. Openness and Economic Performance: A Comparative Study of the NIEs in Asia Journal of Xian Jiaotong University (Social Sciences), 《西安交通大学学报，社科版》. 3, 4-16
• YAO, SHUJIE, Z. ZHANG and L. HANMER, 2004. The implications of growing inequality on Poverty reduction in China China Economic Review. 15, 145-63
• YAO, SHUJIE and ZHONGMIN WU, 2004. Inflows and Outflows of Urban Unemployment in China Labor Economics 《中国劳动经济学》. 1(1), 93-107
• YAO, SHUJIE, 2004. Urban unemployment and poverty, a case study of Guangzhou and Tianjin Journal of International Development. 16(1), 171-88
• YAO, SHUJIE, 2004. Technical efficiency of Chinese commercial banks In: ASSA (Allied Social Sciences Association) annual conference.
• YAO, SHUJIE, GENFU FENG and CHUNXIA JIANG, 2004. Efficiency Analysis of the Chinese Commercial Banks Economic Research Journal 《经济研究》. 39(8), 4-15
• WU, Z and SHUJIE, YAO, 2003. Inter-migration and intra-migration in China, a theoretical and empirical analysis, China Economic Review. 14, 371-85
• YAO, SHUJIE, 2003. Economic Growth Poverty Reduction in China Journal of Modern Economic Sciences, 《当代经济科学》. 1, 4-15
• YAO, SHJIE, 2003. Inter-regional migration in China In: ASSA annual conference.
• YAO, SHUJIE, A. BHALLA and Z. ZHANG, 2003. Causes of inequality in China 1952-99 Journal of International Development. 15(3), 1-17
• YAO, SHUJIE AND XIAMING LIU, ed., 2003. Sustainable economic development in China into the 21th century RoutledgeCurzon.
• YAO, SHUJIE and Z. ZHANG, 2003. Openness and economic performance, a comparative study of China and the East Asian newly industrialised economies Journal of Chinese Economic and Business Studies. 1(1), 71-96
• YAO, SHJIE, A. BHALLA and Z. ZHANG, 2002. Regional economic performance in China, Economics of Transition Economics of Transition. 11(1), 29-39
• ZHANG, Z and SHUJIE, YAO, 2002. Financial deepening and economic development in China Asian Pacific Business Review. 8(3), 63-76
• YAO, SHUJIE, 2002. Economic growth, income distribution and poverty reduction in China In: ASSA annual conference.
• YAO, SHUJIE and Z. ZHANG, 2002. Economic growth and diverging clubs: a case study of the Chinese regions Applied Economics Letters. 9, 833-836
• YAO, SHUJIE, 2002. China’s rural economy in the first decade of the 21st century: problems and growth constraints China Economic Review. 13(4), 354-60
• YAO, S. and ZHANG, Z., 2001. On regional inequality and diverging clubs: a case study of contemporary China Journal of Comparative Economics. 29(3), 466-484
• YAO, SHUJIE and Z. ZHANG, 2001. Regional growth in China under economic reforms Journal of Development Studies. 38(2), 167-86
• YAO, SHUJIE, A. LIU and Z. ZHANG, 2001. Convergence of China’s Regional Incomes: 1952-97 China Economic Review. 12, 243-58
• YAO, SHUJIE, Z. LIU and Z. ZHANG, 2001. Spatial differences of grain production efficiency in China Economics of Planning. 34, 139-157
• YAO, SHUJIE, 2001. Economic growth and regional divergence in China In: ASSA annual conference.
• ZHANG, Z and SHUJIE, YAO, 2001. Regional Inequalities in Contemporary China Measured by GDP and Consumption Economic Issues. 6(2), 13-29
• YAO, SHUJIE, 2000. Understanding China’s regional inequality In: international conference on China’s first rural census. (In Press.)
• YAO, SHUJIE, 2000. How important is agriculture in China’s economic growth? Oxford Development Studies. 28(1), 33-50
• YAO, SHUJIE, 2000. Economic development and poverty alleviation in China under economic reforms Economic Development and Cultural Change. 48(3), 447-474
• YAO, SHUJIE and A. LIU, 2000. Policy analysis in a general equilib¬rium framework Journal of Policy Modeling. 22(5), 589-610
• COOK, S., SHUJIE, YAO, J and ZHUANG, eds., 2000. Chinese Economy under Transition Macmillan Press.
• YAO, SHUJIE, 1999. Efficiency impact of government policy on agricultural production in the presence of externality Journal of Environmental Management. 55, 57-67
• YAO, SHUJIE, 1999. On the causal factors of the China’s famine during 1959-61 Journal of Political Economy. 107(6-1), 1365-1372
• YAO, SHUJIE, 1999. Economic growth, income inequality and poverty in China under economic reforms Journal of Development Studies. 35(6), 104-130
• YAO, SHUJIE, 1999. On the decomposition of the Gini coefficient by population class and income source: a spreadsheet approach Applied Economics. 34, 1249-1264
• YAO, SHUJIE, A. LIU and Z. ZHANG, 1999. Multi-stages and multi-tiers economic growth in the Chinese regions under economic reforms Economics of Planning. 32(1), 1-20
• YAO, SHUJIE and A. LIU, 1999. On the measurement of spatial differentials in economic growth: an application of a shift share method for China in 1985-94 Applied Economics Letters. 6, 231-34
• YAO, SHUJIE, 1998. Rice production in Thailand seen through a policy analysis matrix Food Policy. 22(6), 547-560
• YAO, SHUJIE and L. ZHU, 1998. Understanding income inequality in China, a multi-angle perspective Economics of Planning. 31(2-3), 133-150
• YAO, SHUJIE and A. LIU, 1998. The determinants of grain production and technical inefficiencies in China, 1985-94 Journal of Agricultural Economics. 49(2), 171-184
• COLLINS, A, A and LIU AND SHUJIE, YAO, 1998. A multi-objective and multi-design evaluation procedure for environmental protection forestry Environmental and Resource Economics. 12, 225-240
• YAO, SHUJIE and J. LIU, 1998. Economic reforms and spatial income inequality in China Regional Studies. 32(8), 735-746
• COLLINS, A. and SHUJIE, YAO, 1998. On the innovative activity over the business cycle: a note Applied Economics Letters. 5, 785-788
• YAO, SHUJIE, 1997. A modified matrix for policy analysis on production diversification for the Thai agriculture Applied Economics Letters. 3, 215-218
• YAO, SHUJIE, 1997. Decomposition of Gini coefficients by income factor: a new approach and application Applied Economics Letters. 4, 27-71
• YAO, SHUJIE, 1997. Comparative Advantage and Crop Diversification: A Policy Analysis Matrix for Thai Agriculture Journal of Agricultural Economics. 48(2), 211-222
• YAO, SHUJIE, 1997. Profit sharing, bonus payment, and productivity: A case study of Chinese state-owned enterprises Journal of Comparative Economics. 24, 281-296
• YAO, SHUJIE, 1997. Industrialization and Spatial Income Inequality in Rural china, 1986-92, The Economics of Transition. 5(1), 97-112
• YAO, SHUJIE and J. LIU, 1996. Decomposition of Gini Coefficients by Class: A new approach, Applied Economics Letters. 3, 115-119
• YAO, SHUJIE, A. LIU and R. GREENER, 1996. A CGE Model of Agricultural Policy Reform in the Philippines Journal of Agricultural Economics. 47(1), 18-27
• LIU, A., SHUJIE, YAO and R. GREENER, 1996. Trade Liberalization in a CGE Framework for the Philippines Economic Systems Research. 8(1), 1-13
• YAO, SHUJIE, 1996. Determinants of Cereal crop productivity of the Peasant Farm Sector in Ethiopia, 1981-1987 Journal of International Development. 8(1), 69-82
• YAO, SHUJIE, 1996. Sectoral cointegration, structural break and agriculture’s role in the Chinese economy 1952-92: a VAR approach Applied Economics. 28, 1269-79
• YAO, SHUJIE, 1995. Problems and Prospects of Grain Production in China' Oxford Agrarian Studies. 23(1), 29-43
• YAO, SHUJIE, 1995. Does Profit-sharing Work in a Centrally-planned Economy? evidence from the Chinese state industries' Applied Economics Letters. 2, 126-29
• YAO, SHUJIE, 1994. Cointegration Analysis and Sectoral Linkage between Agriculture and Non-agricultural Sectors Applied Economics Letters. 1, 227-229
• HAY, D., D, MORRIS, G, LIU and SHUJIE, YAO, 1994. Economic Reform and State-owned Enterprises in China 1979-87 Oxford University Press.
• YAO, SHUJIE, 1994. Agricultural Reform and Grain Production in China Macmillan Press.
• YAO, SHUJIE, J. BEYNON and S. JONES, 1992. Market reform and private trade in Eastern and Southern Africa Food Policy. 17(6), 399-408
• YAO, SHUJIE and R. HAY, 1991. Food Market Liberalization in the Developing Countries: history and prospects Oxford Agrarian Studies. 19(2), 73-90
• YAO, SHUJIE and D. COLMAN, 1990. Chinese Agricultural Policy and the Grain Problem Oxford Agrarian Studies. 18(1), 23-35
• YAO, SHUJIE and D. COLMAN, 1990. Impact of Chinese Agricultural Policies upon the Patterns of Specialization in Grain Production: an Application of a Quadratic Spatial Equilibrium Model in the Chinese Grain Sector Oxford Agrarian Studies. 18(2), 81-96
• YAO, SHUJIE AND KAILEI, WEI, Economic growth in the presence of FDI: the perspective of newly industrializing economies Applied Economics Letters. 15, 887–891.