Lawrence J Lau
Biographic Data
| ID | 754817 |
|---|---|
| NAME | Lawrence J Lau |
| GIVEN NAMES | Lawrence J |
| FAMILY NAME | Lau |
| SIGNATURE | LAU L J |
| AFFILIATIONS | Stanford University |
| ORCID | 0000-0002-1637-7625 |
| VERIFIED | Yes |
| TOTAL WORKS | 27 |
| TOTAL CITATIONS | 124 |
| AUTHOR COUNT | 26 |
| EDITOR COUNT | 1 |
| FIRST PUBLICATION YEAR | 1969 |
| LATEST PUBLICATION YEAR | 2024 |
| H-INDEX | 6 |
A Temporal and Spatial Analysis of the Covid-19 Epidemic in China
The COVID-19 epidemic, which broke out in the city of Wuhan, Province of Hubei, China in late 2019, was finally over in 2023, after almost four years. The objective of this study is to summarise the history of the evolution of this epidemic in China, over both time and space, with the focus on the cumulative population infection rates, the cumulative population death rates (adjusted for possible “excess deaths” as necessary), and the cumulative m…
The benefits and potential costs of a digital economy
Public Goods Provision and Chinese Economic Development
The provision of more and better public goods is part of the Chinese efforts to emphasize the quality rather than the quantity of economic growth. Provision of public goods such as education, public health, elderly care, environmental preservation, protection, and restoration, basic research, infrastructure, social safety net, and alleviation of poverty has been vastly expanded in China since the establishment of the People’s Republic of China in…
An International Comparison of the Covid-19 Experiences of the Group-of-Seven and the BRICS Countries
The COVID-19 pandemic has been around since December 2019. In this study, the experiences of the Group-of-Seven Countries (G-7 — Canada, France, Germany, Italy, Japan, the UK and the US) and the BRICS Countries (Brazil, Russia, India, China and South Africa) are compared in terms of the numbers of confirmed cases and deaths and the infection and mortality rates. The objective is to see whether such a comparison may yield some insight on how and w…
Country performance against Covid-19
OBJECTIVE: To generate rankings of 35 countries from all continents (except Africa) on performance against COVID-19. DESIGN: International time series, cross-sectional analysis. SELECTED COUNTRIES: Countries having 5500 or more cases (collectively including 85% of the world's cases) as of 16 April 2020 and that had reached 135 days into their pandemic by 30 July. MAIN OUTCOME MEASURES: performance rankings based on doubling time in days of the to…
The sky is not falling
As of October 2018, almost half of US imports of goods from China are subject to new US tariffs at various rates, mostly at 10% until the year-end of 2018, when the rates were scheduled to be raised to 25%. These tariff rates will prove to be prohibitive for most if not all of the US imports from China. Assuming that US imports from China will be reduced by half, the initial direct real impact on the Chinese economy may be estimated at a loss of …
North Korea in Transition
Modeling the effects of health on economic growth
Reform without Losers
This paper develops a simple model to analyze the dual‐track approach to market liberalization as a mechanism for implementing efficient Pareto‐improving economic reform, that is, reform achieving efficiency without creating losers. The approach, based on the continued enforcement of the existing plan while simultaneously liberalizing the market, can be understood as a method for making implicit lump‐sum transfers to compensate potential losers o…
Education and economic growth Some cross-sectional evidence from Brazil
The Determinants of Farm Investment and Residential Construction in Post-Reform China
The objective of this paper is to clarify, on the basis of detailed farm level data derived from recent surveys, the importance of factors related to tenure security, farm size and credit availability in constraining farmers'agricultural investment. In particular, a direct measure of farmers'perceptions regarding tenure security will be utilized, as well as information on transactions in the credit market. The next section provides a description …
The Relationship between Credit and Productivity in Chinese Agriculture
Chinese economic reform
The meta-production function approach to technological change in world agriculture
Farmer Education and Farm Efficiency
Farmer Education and Farm Efficiency
On Exact Index Numbers
W E shall motivate our investigation of exact index numbers by presenting an example of application of index number theory. We consider a profit-maximizing, price-taking firm endowed with a continuously differentiable non-decreasing and concave production function F(q). Suppose we have observations on the normalized prices p (nominal prices divided by the price of output) and the quantities of the inputs q at two distinct points in time, but not …
The Balanced-Unbalanced Growth Controversy Revisited
On modeling the agricultural sector in developing economies
Transcendental Logarithmic Production Frontiers
Focuses on additive and homogeneous production possibility frontiers that have played an important role in formulating statistical tests of the theory of production. Characterization of the class of production possibility frontiers that are homogenous and additive; Representation of the production possibility frontier; Statistical tests of the theory of production. (Из Ebsco)
Profit Functions of Technologies with Multiple Inputs and Outputs
PpTHE application of duality in economic analysis was initiated by Hotelling (1932) and Roy (1942) in the area of consumer demand. Subsequently, Shephard (1953) in his pioneering work on cost and production functions extended the duality concepts to the theory of production and derived many of the fundamental results, including the basic duality theorems and Shephard's (1953) Lemma, which asserts that the gradient of the dual function is equal to…
Economies of Scale, Technical Progress, and the Nonhomothetic Leontief Production Function
Ideology, public approval, and government behavior
A Test for Balanced and Unbalanced Growth
A LTERNATIVE strategies for economic development have frequently invoked the doctrines of balanced and unbalanced growth.' Policy recommendations in favor of balanced or unbalanced growth are based on a priori notions about the relationship between (lack of) balance and the process of development. For balanced-unbalanced growth to become an empirical hypothesis, rather than a doctrine, it has to be formulated in a way that it is given the chance …
Asian Drama
Every once in a long while the flood of new publications will wash a book onto the market that manages a particularly astute grasp of our present situation with a combination of originality and sharp analytical under standing. We may then be provided with an entirely new basis for the discussion of some of our traditional problems. Such is the case with Gunnar Myrdal's new epic An Asian Drama: An Inquiry into the Poverty of Nations. Myrdal's inqu…
Reform without Losers
This paper develops a simple model to analyze the dual‐track approach to market liberalization as a mechanism for implementing efficient Pareto‐improving economic reform, that is, reform achieving efficiency without creating losers. The approach, based on the continued enforcement of the existing plan while simultaneously liberalizing the market, can be understood as a method for making implicit lump‐sum transfers to compensate potential losers o…
The Determinants of Farm Investment and Residential Construction in Post-Reform China
The objective of this paper is to clarify, on the basis of detailed farm level data derived from recent surveys, the importance of factors related to tenure security, farm size and credit availability in constraining farmers'agricultural investment. In particular, a direct measure of farmers'perceptions regarding tenure security will be utilized, as well as information on transactions in the credit market. The next section provides a description …
Farmer Education and Farm Efficiency
The meta-production function approach to technological change in world agriculture
Ideology, public approval, and government behavior
Education and economic growth Some cross-sectional evidence from Brazil
On modeling the agricultural sector in developing economies
The sky is not falling
As of October 2018, almost half of US imports of goods from China are subject to new US tariffs at various rates, mostly at 10% until the year-end of 2018, when the rates were scheduled to be raised to 25%. These tariff rates will prove to be prohibitive for most if not all of the US imports from China. Assuming that US imports from China will be reduced by half, the initial direct real impact on the Chinese economy may be estimated at a loss of …
Chinese economic reform
Economies of Scale, Technical Progress, and the Nonhomothetic Leontief Production Function
Asian Drama
Every once in a long while the flood of new publications will wash a book onto the market that manages a particularly astute grasp of our present situation with a combination of originality and sharp analytical under standing. We may then be provided with an entirely new basis for the discussion of some of our traditional problems. Such is the case with Gunnar Myrdal's new epic An Asian Drama: An Inquiry into the Poverty of Nations. Myrdal's inqu…
Asian Drama
Every once in a long while the flood of new publications will wash a book onto the market that manages a particularly astute grasp of our present situation with a combination of originality and sharp analytical under standing. We may then be provided with an entirely new basis for the discussion of some of our traditional problems. Such is the case with Gunnar Myrdal's new epic An Asian Drama: An Inquiry into the Poverty of Nations. Myrdal's inqu…
Economic Trends in Communist China
An Economic Profile of Mainland China
A Test for Balanced and Unbalanced Growth
A LTERNATIVE strategies for economic development have frequently invoked the doctrines of balanced and unbalanced growth.' Policy recommendations in favor of balanced or unbalanced growth are based on a priori notions about the relationship between (lack of) balance and the process of development. For balanced-unbalanced growth to become an empirical hypothesis, rather than a doctrine, it has to be formulated in a way that it is given the chance …
Ideology, public approval, and government behavior
Profit Functions of Technologies with Multiple Inputs and Outputs
PpTHE application of duality in economic analysis was initiated by Hotelling (1932) and Roy (1942) in the area of consumer demand. Subsequently, Shephard (1953) in his pioneering work on cost and production functions extended the duality concepts to the theory of production and derived many of the fundamental results, including the basic duality theorems and Shephard's (1953) Lemma, which asserts that the gradient of the dual function is equal to…
Economies of Scale, Technical Progress, and the Nonhomothetic Leontief Production Function
Transcendental Logarithmic Production Frontiers
Focuses on additive and homogeneous production possibility frontiers that have played an important role in formulating statistical tests of the theory of production. Characterization of the class of production possibility frontiers that are homogenous and additive; Representation of the production possibility frontier; Statistical tests of the theory of production. (Из Ebsco)
On modeling the agricultural sector in developing economies
The Balanced-Unbalanced Growth Controversy Revisited
On Exact Index Numbers
W E shall motivate our investigation of exact index numbers by presenting an example of application of index number theory. We consider a profit-maximizing, price-taking firm endowed with a continuously differentiable non-decreasing and concave production function F(q). Suppose we have observations on the normalized prices p (nominal prices divided by the price of output) and the quantities of the inputs q at two distinct points in time, but not …
Farmer Education and Farm Efficiency
Farmer Education and Farm Efficiency
The meta-production function approach to technological change in world agriculture
The Relationship between Credit and Productivity in Chinese Agriculture
Chinese economic reform
The Determinants of Farm Investment and Residential Construction in Post-Reform China
The objective of this paper is to clarify, on the basis of detailed farm level data derived from recent surveys, the importance of factors related to tenure security, farm size and credit availability in constraining farmers'agricultural investment. In particular, a direct measure of farmers'perceptions regarding tenure security will be utilized, as well as information on transactions in the credit market. The next section provides a description …
Education and economic growth Some cross-sectional evidence from Brazil
Reform without Losers
This paper develops a simple model to analyze the dual‐track approach to market liberalization as a mechanism for implementing efficient Pareto‐improving economic reform, that is, reform achieving efficiency without creating losers. The approach, based on the continued enforcement of the existing plan while simultaneously liberalizing the market, can be understood as a method for making implicit lump‐sum transfers to compensate potential losers o…
North Korea in Transition
Modeling the effects of health on economic growth
The sky is not falling
As of October 2018, almost half of US imports of goods from China are subject to new US tariffs at various rates, mostly at 10% until the year-end of 2018, when the rates were scheduled to be raised to 25%. These tariff rates will prove to be prohibitive for most if not all of the US imports from China. Assuming that US imports from China will be reduced by half, the initial direct real impact on the Chinese economy may be estimated at a loss of …
Country performance against Covid-19
OBJECTIVE: To generate rankings of 35 countries from all continents (except Africa) on performance against COVID-19. DESIGN: International time series, cross-sectional analysis. SELECTED COUNTRIES: Countries having 5500 or more cases (collectively including 85% of the world's cases) as of 16 April 2020 and that had reached 135 days into their pandemic by 30 July. MAIN OUTCOME MEASURES: performance rankings based on doubling time in days of the to…
An International Comparison of the Covid-19 Experiences of the Group-of-Seven and the BRICS Countries
The COVID-19 pandemic has been around since December 2019. In this study, the experiences of the Group-of-Seven Countries (G-7 — Canada, France, Germany, Italy, Japan, the UK and the US) and the BRICS Countries (Brazil, Russia, India, China and South Africa) are compared in terms of the numbers of confirmed cases and deaths and the infection and mortality rates. The objective is to see whether such a comparison may yield some insight on how and w…
Public Goods Provision and Chinese Economic Development
The provision of more and better public goods is part of the Chinese efforts to emphasize the quality rather than the quantity of economic growth. Provision of public goods such as education, public health, elderly care, environmental preservation, protection, and restoration, basic research, infrastructure, social safety net, and alleviation of poverty has been vastly expanded in China since the establishment of the People’s Republic of China in…
Economics (22 works) · China (11 works) · Political science (11 works) · Econometrics (9 works) · Geography (9 works) · Economic Growth and Productivity (8 works) · Computer Science (7 works) · Law (7 works) · Fiscal Policy and Economic Growth (6 works) · Macroeconomics (6 works)