NEW PARADIGMS IN ECONOMICS OF WELFARE AND TRADE
UNDER GLOBALISATION AND REGIONALISATION

A Conference on the Occasion of Professor Murray Kemp's 80th Birthday

8th - 10th August 2006  Atax, UNSW, 45 Beach Street, Coogee Sydney, NSW 2034, Australia

ORGANISING COMMITEE

• Associate Professor Craig Freedman (Macquarie University, Australia)
• Professor Ngo Van Long (McGill University, Canada)
• Professor Koji Shimomura (Kobe University, Japan)
• Professor Makoto Tawada (Nagoya University, Japan)
• Associate Professor Binh Tran-Nam (UNSW, Australia)

SPONSORS

• Nagoya University
• Center of International Joint Research for Economic Analysis and Policy (COREAP), Kobe University
• Economic Design Network (EDN)
• Economic Society of Australia (ESA)
• Department of Economics, Macquarie University
• Centre for Japanese Economic Studies (CJES), Macquarie University
• Australian School of Taxation (Atax), University of New South Wales (UNSW)

TUESDAY 8

8:30 am REGISTRATION

9:00 am SESSION 1 (Chair: Makoto Tawada, Nagoya University)

• OPENING ADDRESS Shoji Nishijima, Vice President (Kobe)
• INTRODUCTORY REMARKS Binh Tran-Nam (UNSW)
• Can a country gain by technology loss
  Ronald Jones (Rochester) & Roy Ruffin (Houston)

10:10 am MORNING TEA

10:30 am SESSION 2 (Chair: Partha Gangopadhyay, University of Western Sydney)

• Sustainability or ruin of a common resource economywith random jumps
  Masatoshi Fujisaki (Hyogo)Seiichi Katayama (Kobe) &Hiroshi Ohta (Kobe)
• Status-seeking, catching up and comparative statics in a dynamic Heckscher-Ohlin model
  Yunfang Hu (Kobe) & Koji Shimomura (Kobe)
• Efficiency in international trade with firm heterogeneity and networks
  Hiep Nguyen (Kobe) & Hiroshi Ohta (Kobe)

12:15 pm LUNCH (Wanneroo Room, Atax)

1:50 pm SESSION 3 (Chair: Joe Isaac, University of Melbourne)

• International income transfer under imperfect competition
  Masayuki Okawa (Ritsumeikan)
• Immigration and unemployment of skilled and unskilled labour
  Shigemi Yabuuchi (Nagoya City)
• Temporary and permanent immigration under unionization
  Laixun Zhao (Kobe) & Kenji Kondoh (Chukyo)

3:35 pm AFTERNOON TEA

3:55 pm SESSION 4 (Chair: Roy Webb, Griffith University)

• Moral hazards, bankruptcy costs, and international capital mobility
  Sanjay Banerji (Durham) & Ngo Van Long (McGill)
• Outsourcing and policy intervention
  Kar-yiu Wong (Washington) &Kai-Hsi Chu (Washington)
• A model of outsourcing and foreign direct investment
  Frank Staehler (Otago)

6:30 pm WELCOME COCKTAILS (Wanneroo Room, Atax)

hosted by A/Prof Craig Freedman, Centre for Japanese Economic Studies, Macquarie University,
Welcome speech by A/Prof Neil Warren, Head of Atax, UNSW

WEDNESDAY 9

9:00 am SESSION 5 (Chair: Hideo Suzuki, Meijo University)

• International specialization and the gains from trade with increasing returns and oligopoly
  Kenji Fujiwara (Kwansei Gakuin), Nobuhito Suga (Hokkaido) & Makoto Tawada (Nagoya)
• A new dynamic trade model of increasing returns and monopolistic competition
  Toru Kikuchi (Kobe) & Koji Shimomura (Kobe)

10:10 am MORNING TEA

10:30 am SESSION 6 (Chair: Max Corden, University of Melbourne)

• Formation of preferential trade agreements and the welfare of the rest of the world: A revealed-preference approach
  Masahiro Endoh (Keio), Koichi Hamada (Yale) &Koji Shimomura (Kobe)
• More (or less) on necessarily welfare-enhancing Free Trade Areas
  Martin Richardson (ANU) & Niven Winchester (Otago)
• Tariff revenue competition in a Free Trade Area: The case of asymmetric large countries
  Taiji Furusawa (Hitosubashi) & Naoto Jinji (Okayama)

12:15 pm LUNCH (Wanneroo Room)

1:50 pm SESSION 7 (Chair: Ngo Van Long, McGill University)

• The WTO and the world economy: A welfare theoretic perspective
  Michihiro Ohyama (Toyo)
• The gains from trade and refusal to trade
  Arye Hillman (Bar-Ilan)
• Pareto-improving trading clubs without income transfers are generally possible
  Ray Riezman (Iowa) & Koji Shimomura (Kobe)

3:35 pm AFTERNOON TEA

3:55 pm SESSION 8 (Chair: Jocelyn Horne, Macquarie University)

• Protection and exchange rates in a small open economy
  John Chipman (Minnesota)
• Trade liberalization as a game of decision under uncertainty
  Henry Wan (Cornell) & Yinggang Zhou (Cornell)
• Steepest ascent tariff reforms
  P. Raimondos-Moller (Copenhagen) & Alan Woodland (Sydney)

7:30 pm CONFERENCE DINNER (Coogee Room, Crowne Plaza Hotel, Coogee Beach)

hosted by A/Prof Neville Norman, University of Melbourne, President of ESA

THURSDAY 10

9:00 am SESSION 9 (Chair: Neville Norman, University of Melbourne)

• Trade reform and informal wages
  Sugata Marjit (City Uni of HK), Saibal Kar (Centre for Studies in Social Sciences, Calcutta) & Hamid Beladi (Texas at San Antonio)
• Waiting under uncertainty
  Makoto Yano (Keio)

10:10 am MORNING TEA

10:30 am SESSION 10 (Chair: Geoff Fishburn, University of New South Wales)

• Do the economies of specialization justify the work ethics? A further examination of Buchanan's hypothesis
  Yew Kwang Ng (Monash)
• Optimal commodity taxation with a representative agent
  Murray Kemp (Macquarie) & Koji Shimomura (Kobe)

11:45 am INTERNATIONAL PANEL DEBATE: NEW PARADIGMS IN ECONOMICS OF WELFARE AND TRADE

Moderator: Craig Freedman, Macquarie University
Panel members: John Chipman, Koichi Hamada, Arye Hillman, Ronald Jones, Murray Kemp, Yew Kwang Ng, Michihiro Ohyama
and Alan Woodland

12:25 pm CLOSING COMMENTS Murray Kemp (Macquarie)

12:30 pm CONFERENCE CONCLUDES

 

FOLLOWING THE CONCLUSION OF THE CONFERENCE, PARTICIPANTS ARE INVITED TO VISIT UNSW KENSINGTON CAMPUS AND TOUR THE NEW FACULTY OF LAW BUILDING
(transport will be arranged by the conference organisers and a sandwich lunch will be served at the Board Room of the Faculty of Law).