CURRICULUM VITAE

Name: Yew-Kwang Ng

Business Address: Department of Economics, Monash University, Australia 3800

Email: kwang.ng@buseco.monash.edu.au

Fax: (61 3) 99055476 Phone: 99052309

Citizenship: Australian

Marital Status & Family: Married, with two adult daughters

Education: Chung Hwa Public School, Butterworth, Malaysia (1948-1955) - First prize in public speech competition,

1954 and 1955.

Han Chiang High School, Penang, Malaysia (1956-1961) - First prize in essay competition, 1961;

president of various student organizations, 1959-1961.

Nanyang University, Singapore (1962-1966) - Executive Committee of National Union of Singapore

Students.

University of Sydney (1967-1969) - Commonwealth Bank Graduate Scholarship.

Academic Qualifications: B. Com. (in Economics), Nanyang University, 1966.

Ph.D. (in Economics), University of Sydney, 1971.

Fields of Interest: Welfare Economics (including social choice, public policy, environmental issues), Microeconomics,

Microeconomic Foundation of Macroeconomics, Inframarginal Analysis of Specialization, Contemporary

Chinese Economic Problems.

Current Position: Personal Chair in Economics, Monash University, since 1985.

Previous Positions: Lecturer (1970-1) and Senior Lecturer (1972-3) in Economics, University of New England, Australia;

Visiting Nuffield Foundation Fellow, Nuffield College, Oxford (October 1973 - July 1974);

Reader in Economics, Monash University (1974-1985);

Visiting Professor, Virginia Polytechnic Institute & State University (December 1978 - May 1979);

Visiting Simon Senior Research Fellow, Manchester University (May - November 1979);

Visiting Professor, University of Hong Kong (December 1986 - January 1987);

Visiting Professor, University of Maryland at College Park (January 1987 - March 1987);

Visiting Fellow, University of Melbourne (March 1987 - July 1987);

Visiting Professor and Fulbright Scholar, Tulane University (December 1987 - March 1988);

Visiting Professor, University of Copenhagen and Roskilde University (December 1989 - February 1990);

Visiting Professor, La Trobe University (February 1990 - June 1990);

Visiting Professor, National University of Singapore (November 1991 - February 1992);

Visiting Professor, Sino-American Economics Training Center at the People’s University of China,

program run by the US Committee on Economics Education and Research in China (February 1993 - May

1993);

Yew-Kwang Ng 17/07/2012 2

Visiting Professor, Institute of Economics, Academia Sinica, Taiwan (November 1993);

Visiting Professor, UNEP Collaborating Centre on Energy and Environment, Risø National Laboratory

(November - December 1993);

Visiting Professor, The World Bank, Washington, DC (December 1994 - January 1995);

Visiting Professor, La Trobe University (July - September 1995);

Visiting Professor, University of California at Irvine (September - December 1995);

Visiting Professor, Nanyang Technological University (Dec.1995 - March 1996; July-Nov. 2008);

Visiting Professor of Economics, Chinese University of Hong Kong (1997);

Visiting Professor of Economics, National Taiwan University (1998, 2000);

Visiting Professor, Guanghua School of Management, Peking University (October – December 1999);

Visiting Nanyang Professor, Nanyang Technological University (2001-2);

Visiting Professor, City University of Hong Kong (Sept.-Dec. 2002; Jan/Feb. 2007);

Visiting Goh Keng Swee Professor, National University of Singapore (July-Dec. 2002; June-Dec. 2005);

Visiting Professor, Fudan University, Dec. 2003, Dec. 2005, Dec. 2006, Dec 2007, Dec.2008, Dec.2009.

Visiting Professor, Jinan University, Guangzhou, Sep-Dec. 2009, Oct-Nov. 2010;

Visiting Professor, Xi’an Jiaotong University, Sep-Oct 2010;

Visiting Professor, University of Macau, Aug-Dec 2011.

Honours: Fellow, Academy of Social Sciences in Australia since 1981.

Biographee, Who’s Who in Economics: A Biographical Dictionary of Major Economists 1770 - 1986,

Wheatsheaf, London (included in both the 2nd

or 1986 edition and the 3rd

or 1999 edition; inclusion

according to citation counts).

Distinguished Fellow, 2007, Economic Society of Australia.

http://onlinelibrary.wiley.com.ezproxy.lib.monash.edu.au/doi/10.1111/j.1475-4932.2008.00467.x/pdf

Recent major research grants:

“Putting Imperfect Competition into the Monash Model” (jointly with Prof. Peter Dixon), Australian

Research Council discovery grant, 1994-96.

“Applying New Classical Economics and Mesoeconomics to the Chinese Economy” (jointly with Dr.

Xiaokai Yang), Australian Research Council discovery grant, 1994-1996.

“Mesoeconomics”, Monash Research Grant, 1995-1997.

“An Evolutionary Approach on the Australian Industrial Structure and Implications for Trade Strategy”

(jointly with Dr. Xiaokai Yang and Dr. Heling Shi), Australian Research Council discovery grant,

1996-98.

“An inframarginal analysis of the implications of the network effects of the division of labour on trade and

growth” (jointly with Prof. Xiaokai Yang), Australian Research Council discovery grant, 2000-2002.

“Increasing returns and economic performance” (jointly with Prof. Xiaokai Yang, et al.), Special Monash

University Research Fund 2, 1999-2000.

“WTO membership of China and Sino-Australian investment and trade” (jointly with others), ARC

International Exchange grant, 2001-2003.

“Welfare economic issues in the new classical economic framework of inframarginal analysis” (with

Xiaokai Yang) Australian Research Council discovery grant, 2001-2002.

Yew-Kwang Ng 17/07/2012 3

“Welfare economic issues in the new classical economic framework of inframarginal analysis:Extension”

(with Xiaokai Yang), Australian Research Council discovery grant, 2003-2004.

“Valuing Life and Time in the Knowledge Economy” (with Guang-Zhen Sun), Australian Research

Council discovery grant, 2005-2006.

“Increasing Returns and Economic Efficiency Australian Research Council discovery grant, 2005-2007.

“The economics of happiness, public policy, and national success indicators”, Australian Research

Council discovery grant DP1097177, 2010-2012. (Over $360,000.)

GRADUATE SUPERVISION

Supervised many successful PhD students.

PAPERS PRESENTED TO CONFERENCES, ETC.:

A. Invited Papers

“Preference, Welfare, and Social Welfare”, Colloquium on “Preference, Choice and Value Theory”,

Department of Philosophy, Research School of Social Sciences, Australian National University, 25-27

August 1977.

“Some Broader Issues of Social Choice”, Symposium on Social Choice, France, September 1980.

“Growth or Welfare? On the Economic Development of Chinese Societies with Special Reference to the

Nuclear Power Station at Daya Bay”, Symposium on Economic Development in Chinese Societies, Hong

Kong, December 1986.

“Some Macroeconomic Implications of Non-Perfect Competition: A Mesoeconomic Perspective”,

plenary session on Micro-to-Macro Interfaces, 15th Annual Conference, European Association for

Research in Industrial Economics, Rotterdam, September 1988.

“Divergence between Utility and Dollar Values of Life as One Ages”, First International Conference on

Welfare Economics, Spain 1989.

“Computable General Equilibrium with Imperfect Competition: A Marriage of CGE and

Mesoeconomics” (with Heling Shi), invited address, Australian Applied General Equilibrium Modelling

Conference, IMPACT Project, University of Melbourne, 27-28 May 1991.

“The Effects and Prospect of Chinese Economic Reforms with Reference to Trade, Investment and

Regional Economic Co-operation”, keynote lecture, International Conference on “Trade, Investment and

Economic Prospects in China’s Three Economies: Mainland, Taiwan, Hong Kong”, Monash University,

24-26 February 1992.

“Non-neutrality of Money under Non-perfect Competition: Why do Economists fail to see the

Possibility?”, keynote paper, International Conference on Increasing Returns and Economic Analysis,

September 1995.

“A New Theory of the Firm and its Implications for China’s Reforms”, keynote paper, International

Conference on China and the Asia-Pacific Economy, The University of Queensland, 15-16 July 1996.

Yew-Kwang Ng 17/07/2012 4

“The Paradox of Interpersonal Cardinal Utility: A Proposed Solution”, Third International Conference on

Economics in Business & Government, Queensland Branch of the Economic Society of Australia, Griffith

University, 18-19 July 1996.

“Population and Migration Issues: Some Fundamental Ethical and Economic Considerations”, Asian

Studies Association of Australia Conference, La Trobe University, July 1996.

“Can China Continue to Grow Rapidly?” Keynote paper, Conference on China, Open University of Hong

Kong, January 1998.

“Solving some Problems of State Enterprise Reform in the Light of Economics”, Keynote paper,

International Conference on China’s Ownership Reform, University of Macau, March 1998.

“The Economic Relationships between Mainland China and Taiwan: A Perspective from the principle of

Mutual Benefits”, keynote paper, International Conference on Economic Growth of Pacific Asia, National

Taiwan University, Sept. 1998.

“Why do Economists Overestimate the Costs of Public Spending?”, Keynote paper, Conference of

Australasian Economists, La Trobe University, Sept. 1999.

“From Preference to Happiness: Towards a more Complete Welfare Economics”, Keynote paper,

International Conference on Economics and the Pursuit of Happiness, Nuffield College, Oxford, February

2000.

“Rapid Growth in East Asia: Reflections on Means and Ends”, Keynote paper, First Biennial Conference

of Hong Kong Economic Association, City University of Hong Kong, Dec. 2000.

“The power and problems of orthodox economics”, Invited keynote paper, Third Annual Conference of

Chinese Economic Association, December 2003, Fudan University, Shanghai.

“Policy Implications of Behavioural Economics and Happiness Studies”, International Interdisciplinary

Conference on “Progress, Happiness, and Public Policy”, Lingnan University, Hong Kong, 24-25 June

2005.

“Increasing returns and economic efficiency”, keynote speech, Singapore Economic Review Conference,

4-6 August 2005.

Opening keynote speech and “Some welfare economic issues of inframarginal economics”, Professor

Xiaokai Memorial Conference, 8-10 September 2005, National Taiwan University.

“The effects of the high growth of China on other countries: A perspective from the principle of mutual

benefits”, invited speech, Beijing Forum, 16-18 Nov. 2005.

“Increasing Returns and Economic Efficiency”, Trevor Swan Distinguished Lectures in Economics, ANU,

1 Sept. 2006.

“Do the Economies of Specialization Justify the Work Ethics?”, presented at New Paradigms In

Economics Of Welfare And Trade Under Globalisation And Regionalisation, Conference celebrating

Professor Murray Kemp’s 80th birthday, Tuesday 8-10 August 2006, University of NSW.

“The Economics of Sustainable Development”, keynote speech at “Governments, Markets and

Sustainable Development”, An open forum by Hong Kong People’s Council for Sustainable Development

(PCSD) and Hong Kong Economic Association, 14 December 2006.

Yew-Kwang Ng 17/07/2012 5

"Towards an Internationally Acceptable National Success Indicator", keynote speech at the 4th Biennial

Conference of Hong Kong Economic Association, Chinese University of Hong Kong, 15-18 Dec. 2006.

"Population and Labor Mobility: Some Conceptual Issues with reference to China", keynote speech at the

2006 International Symposium on Contemporary Labor Economics, Xiamen University.

“Under-consumption? Over-investment? A perspective from behavioural economics and happiness

studies”, keynote speech at China in Retrospect, Fudan University, 25 Dec. 2006.

“Environment and happiness studies: Implications for the development direction of China”, Invited

keynote speech, Conference on "Chinese economy on a cross road", School of Economics, Fudan

University, Shanghai, 27 Dec. 2007.

“Consumption trade-off vs. catastrophes prevention”, invited keynote speech, Shanghai Forum, Fudan

University, 25 June. 2008.

“Why is a Financial Crisis Important? Implications for China”, invited keynote speech, Workshop on

Three Decades of Economic Reform in China, Renmin University of China, 20 February 2009.

“The Economics of Climate Change”, Australian Leadership Awards (ALA) Fellowship

Conference, 5-9 July 2010.

“GDP, Life Satisfaction, Happiness, or Environmentally Responsible Happy Nation Index?”

Wellbeing Conference, 7 July 2010.

“The 2008 Financial Crisis: Some Anomalies and some Analytical and Policy

Implications”, Melbourne Graduate Students Conference in Economics 2010.

“Happiness Is Absolute, Universal, Ultimate, Unidimensional, Cardinally Measurable and

Interpersonally Comparable”, Singapore Economic Review Conference, Aug. 2011.

B. Other Conference Papers [skipped]

PUBLICATIONS UP TO 1985 (more important items are starred) :

A. Book

** Welfare Economics: Introduction and Development of Basic Concepts, London: Macmillan, 1979, pp.

xvi + 332; second edition, 1983.

B. Articles in Refereed Periodicals up to 1985 (each article is listed once):

i Methodology

* “Value Judgements and Economists’ Role in Policy Recommendation”, Economic Journal, September

1972, 1014-1018. Reprinted in W. Marr and B. Raj, eds., How Economists Explain - A Reader in

Methodology, Washington: University Press of America, 1983.

Yew-Kwang Ng 17/07/2012 6

ii Consumer Theory

* “Why do People buy Lottery Tickets? Choices involving Risk and the Indivisibility of Expenditure”,

Journal of Political Economy, October 1965, 530-535.

“An Analysis of Work and Other Constraints on Choices of Activities: Comment”, Western Economic

Journal, June 1971, 226-229.

“Step-Optimization, Secondary Constraints, and Giffen Goods”, Canadian Journal of Economics,

November 1972, 553-560.

iii Production Theory and Theory of the Firm

“A Note on Profit Maximization”, Australian Economic Papers, June 1969, 106-110.

“Competition, Monopoly, and the Incentive to Invent”, Australian Economic Papers, June 1971, 45-49.

“Factor Market Imperfections, Increasing Marginal Returns, and Optimum Input Proportions: Comment”,

Southern Economic Journal, January 1972, 426-428.

“Oligopolistic Interdependence and the Revenue Maximization Hypothesis - Note”, Journal of Industrial

Economics, 1974, 227-233, with T.A. Murphy (New England).

“Utility and Profit Maximization by an Owner-Manager: Towards a General Analysis”, Journal of

Industrial Economics, December 1974, 97-108.

“Competition, Monopoly, and the Incentive to Invent: Reply”, Australian Economic Papers, June 1977,

154-156.

iv Capital Theory

“A Note on ‘Some Cambridge Controversies in the Theory of Capital’“, Journal of Economic Literature,

March 1971, 68-69.

“Harcourt’s Survey of Capital Theory: A Review Article”, Economic Record, March 1974, 119-129.

“The Neoclassical and the Neo-Marxist-Keynesian Theories of Income Distribution”, Australian

Economic Papers, June 1974, 124-132.

“The Cambridge Controversy in Capital Theory: Reply”, Australian Economic Papers, June 1977,

151-153.

v Welfare Economics

“Optimum Saving, Individual Decisions, and the Diminishing Marginal Productivity of Capital”,

Economic Journal, September 1970, 749-752.

“Definitions and Welfare Conditions of Public Goods”, Scottish Journal of Political Economy, June 1971,

199-202.

* “Monopoly, X-Efficiency, and the Measurement of Welfare Loss”, Economica, August 1972, 301-308,

with R. Parish (Monash).

“Public Goods and the Stability of Federalism: An Extension”, Kyklos, September 1971, 526-563.

Yew-Kwang Ng 17/07/2012 7

“Definitions and Welfare Conditions of Public Goods: A Rejoinder”, Scottish Journal of Political

Economy, October 1971, 347-349.

“Little’s Welfare Criterion under the Equality Assumptions”, Economic Record, December 1971, 579-583.

“Pareto Conditions, Behavioural Rules, and the Theory of Second Best”, Australian Economic Papers,

June 1972, 124-125.

“Bergson Social Welfare Function with Externality”, Economic Record, December 1972, 517-526.

* “Income Distribution as a Peculiar Public Good: The Paradox of Redistribution and the Paradox of

Universal Externality”, Public Finance, 1973, 1-10.

* “The Economic Theory of Clubs: Pareto Optimality Conditions”, Economica, August 1973, 291-298.

“The Economic Theory of Clubs: Optimal Tax/Subsidy”, Economica, August 1974, 309-321.

“A Note on Consumption Sharing and Nonexclusion Rules”, Economica, 1974, 446-450, with R. D.

Tollison (VPI & SU).

* “The Paradox of Universal Externality”, Journal of Economic Theory, 1975, 258-264.

** “Towards a Theory of Third-Best”, Public Finance, 1977, 1-15.

“On Optimal Club Size: Reply”, Economica, November 1978, 407-410.

* “Bentham or Nash? On the Acceptable Form of Social Welfare Functions”, Economic Record, 1981, 57:

238-250.

“Welfarism: A Defence Against Sen’s Attack”, Economic Journal, June 1981, 91: 527-530.

“All ‘Ng’ up on Clubs? A ‘Brand-new Flawer’ of Brennan-Flowers”, Public Finance Quarterly, 1981, 9:

75-78.

Welfare Economics: Introduction and Development of Basic Concepts, 2nd edition, London: Macmillan,

1983.

“Rents and Pecuniary Externalities in Cost-Benefit Analysis”, American Economic Review, December

1983, 73: 1163-1170.

** “Quasi-Pareto Social Improvements”, American Economic Review, December 1984, 74(5):1033-1050.

http://www.jstor.org.ezproxy.lib.monash.edu.au/stable/pdfplus/560.pdf

* “Expected Subjective Utility: Is the Neumann-Morgenstern Utility the Same as the Neoclassical’s?”,

Social Choice and Welfare, 1984, 177-186.

* “Interpersonal Level Comparability Implies Comparability of Utility Differences”, Theory and Decision,

1984, 141-147.

* “Some Fundamental Issues in Social Welfare”, in G. Feiwel, ed., Issues in Contemporary Microeconomics

and Welfare, 1985, London: Macmillan, 435-469.

* “Equity and Efficiency versus Freedom and Fairness: An Inherent Conflict”, Kyklos, 1985, 495-516.

Yew-Kwang Ng 17/07/2012 8

vi Social Choice

* “The Possibility of a Paretian Liberal: Impossibility Theorems and Cardinal Utility”, Journal of Political

Economy, November-December 1971, 1397-1402. Reprinted in C.K. Rowley, ed., Social Choice Theory,

1993.

** “Bentham or Bergson? Finite Sensibility, Utility Functions and Social Welfare Functions”, Review of

Economic Studies, 1975, 545-570.

http://web.ebscohost.com.ezproxy.lib.monash.edu.au/ehost/pdfviewer/pdfviewer?vid=3&hid=127&sid=d5afc

603-6ba4-4238-a837-e55f1a31594d%40sessionmgr112

** “On the Existence of Social Welfare Functions, Social Orderings, and Social Decisions Functions”,

Economica, February 1976, 59-66, with M. C. Kemp (N.S.W.). Reprinted in Mueller, Dennis C., ed. The

Economics of Politics. Volume 2. Elgar Reference Collection. International Library of Critical Writings in

Economics, vol. 131. Cheltenham, U.K. and Northampton, Mass.: Elgar; distributed by American

International Distribution Corporation, Williston, Vt., 2001; 530-37.

http://www.jstor.org.ezproxy.lib.monash.edu.au/stable/pdfplus/2553016.pdf

“More on Social Welfare Functions”, Economica, February 1977, 89-90, with M. C. Kemp (N.S.W.).

* “Beyond Pareto Optimality: The Necessity of Interpersonal Cardinal Utilities in Distributional

Judgements and Social Choice”, Zeitschrift für Nationalökonomie, 1982, 42(3): 207-233.

“The Incompatibility of Individualism and Ordinalism”, Mathematical Social Sciences, September 1982,

3, 33-37, with M. C. Kemp (N.S.W.).

* “Some Broader Issues of Social Choice”, in P. K. Pattanaik and M. Salles, eds., Social Choice and Welfare,

Amsterdam: North Holland, 1983, 151-174.

“Individualistic Social Welfare Functions Under Ordinalism: A Reply to Mayston”, Mathematical Social

Sciences, July 1983, 4, 305-307, with M. C. Kemp (N.S.W.).

“The Utilitarian Criterion, Finite Sensibility, and the Weak Majority Principle: A Response”, Social

Choice and Welfare, 1985, 37-38.

vii Public Economic Policy

* “Recent Developments in the Theory of Externality and the Pigovian Solution”, Economic Record, June

1971, 169-185.

“Optimal Taxes and Pricing: Comment”, American Economic Review, March 1972, 173-174.

“Optimum Saving: A Practicable Solution”, Indian Journal of Economics, January 1973, 285-294.

** “Optimal Pricing with Budgetary Constraints: The Case of the Two-Part Tariff”, Review of Economic

Studies, July 1974, 337-345, with M. Weisser (New England). Japanese translation, Tokyo Gas Company.

http://www.jstor.org.ezproxy.lib.monash.edu.au/stable/pdfplus/2296753.pdf?acceptTC=true

“Coase’s Theorem and First-Party-Priority Rule: Reply”, Economic Record, 1975, 272-274.

* “Non-Economic Activities, Indirect Externalities, and Third-Best Policies”, Kyklos, 1975, 507-525.

“Again on Externalities and Liabilities Rules: A Reply”, Economic Record, December 1977, 542-544.

Yew-Kwang Ng 17/07/2012 9

“The Importance of Being Honest”, Economic Record, March 1979, 41-46, with M. C. Kemp (N.S.W.).

* “Optimal Corrective Taxes or Subsidies when Revenue Raising Imposes Excess Burden”, American

Economic Review, September 1980, 744-751.

“Government Regulation of Industry and the Theory of Third Best”, in B. A. Twohill, ed., Government

Regulation of Industry, Institute of Industrial Economics, University of New Castle, N.S.W., 1981,

371-378.

viii International Economics

“Optimal Terms of Foreign Assistance: Comment”, Journal of Political Economy, March-April 1973,

488-490.

“Tariffs and Declining-Cost Industries: Comment”, Economica, 1975, 207-208.

ix Inflation, Unemployment, Macroeconomics

“A Note on Truu’s Microeconomics of Stagflation”, South African Journal of Economics, December 1972,

399-400.

* “Aggregate Demand, Business Expectation, and Economic Recovery without Aggravating Inflation”,

Australian Economic Papers, June 1977, 130-140.

“An Integrated Model of Income Determination and Distribution”, Bulletin of Economic Research, 1979,

54-66.

** “Macroeconomics with Non-perfect Competition”, Economic Journal, September 1980, 598-610.

“Incomes Policies: Conditions for Voluntary Compliance”, Manchester School, 1981, 49: 111-128.

** “A Micro-Macroeconomic Analysis Based on a Representative Firm”, Economica, May 1982, 49:

121-139. http://www.jstor.org.ezproxy.lib.monash.edu.au/stable/pdfplus/2553302.pdf

“Macroeconomics with Non-perfect Competition: A Reply”, Economic Journal, September 1982, 92:

706-707.

* “Macroeconomics with Non-perfect Competition: Tax-cuts and Wage Increases”, Australian Economic

Papers, 1983, 22(41), 431-447, with L. McGregor (Monash).

“The Response of Aggregate Demand to Income, Money Supply and Price Level”, Journal of

Macroeconomics, Summer 1984, 357-363.

“A Micro-Macroeconomic Analysis Based on a Representative Firm: Progress Report”, in G. Feiwel, ed.,

Issues in Contemporary Macroeconomics and Distribution, 1985, London: Macmillan, 216-232.

x Psychology, Studies of Happiness

* “Sub-semiorder: A Model of Multi-dimensional Choice with Preference Intransitivity”, Journal of

Mathematical Psychology, August 1977, 51-59.

* “Economic Growth and Social Welfare: The Need for a Complete Study of Happiness”, Kyklos, 1978,

575-587. Reprinted in Easterlin, Richard A., ed. Happiness in Economics. Elgar Reference Collection.

Yew-Kwang Ng 17/07/2012 10

International Library of Critical Writings in Economics, vol. 142. Cheltenham, U.K. and Northampton,

Mass.: Elgar; distributed by American International Distribution Corporation, Williston, Vt., 2002; 66-77.

“Money and Happiness: First Lesson in Eudaimonology?”, Kyklos, 1980, 161-163.

“Toward Eudaimonology: Notes on a Quantitative Framework for the Study of Happiness”, Mathematical

Social Sciences, 1980, 1(51-58).

xi Philosophy

“My Philosophy”, Repository (Nanyang University), 1963, 28-43.

“An Argument for Utilitarianism”, Canadian Journal of Philosophy, June 1981, 11: 229-239, with Peter

Singer (Monash).

“Ng and Singer on Utilitarianism: A Reply”, Canadian Journal of Philosophy, June 1983, 13: 241-242,

with Peter Singer (Monash).

PUBLICATIONS SINCE 1986:

A. Books

** Mesoeconomics: A Micro-Macro Analysis. 1986, London: Harvester, pp. xvi + 267.

* Social Welfare and Economic Policy. 1990, London: Harvester Wheatsheaf, pp. xx + 243.

Welfare Economics (Chinese translation). 1991, Peking: Friendship Press, pp. 15 + 417.

** Specialization and Economic Organization: A New Classical Microeconomic Framework. In

“Contributions to Economic Analysis”, Vol. 215, 1993, Amsterdam: North Holland, pp. xvi + 507, with

Xiaokai Yang (Monash).

The Unparalleled Mystery. (A novel in Chinese incorporating mysteries, kungfu, love stories, and

economics). Beijing: Writers Press, 1994, pp. 1-230.

Economics and Reforms: Collected Papers of Professor Yew-Kwang Ng. (In Chinese). Beijing: Reform

Press, August 1994, pp. 1-382.

Mesoeconomics (Chinese translation). Beijing: Chinese Social Sciences Publishers, 1996.

Increasing Returns and Economic Analysis, ed., London: Macmillan, 1998, with Kenneth Arrow and

Xiaokai Yang.

Economics and Happiness, Taipei: Maw Chang, 1999

Specialization and Economic Organization (Chinese translation), Beijing: Economic Science Press, 1999.

Welfare Economics, (Translation in non-simplified Chinese characters), Taipei: Maw Chang, 1999.

Economics and Happiness, (simplified characters version), Dongbei Chaijing University Press China,

2000, pp. 1 + 359 (ISBN 7-81044-727-0). Received China Book Award for 2002.

** Efficiency, Equality, and Public Policy: With a case for Higher Public Spending, London:

Yew-Kwang Ng 17/07/2012 11

Macmillan, 2000, pp. vii + 189(ISBN 0-333-67165-1).

Editorship of (and authorship of its Introduction, pp. 169-77) Pacific Economic Review’s Volume in

Honour of Nobel Laureate Amartya Sen, June 2001.

Economy and Life, Sichuan People’s Publishers, 338 pages (ISBN 7-220-05794-6/F.617). 2002.

Efficiency, Equality, and the Foundation of Public Policy: With a case for Higher Public Spending,

Chinese translation by Tang Xiang. Social Sciences Literature Publishers, Beijing, 2003, 252 pages

(ISBN 7-80149-902-6/F.320).

Ng, Yew-Kwang, Heling Shi and Guangzhen Sun, eds. (2003), The Economics of e-Commerce and

Networking Decisions: Applications and Extensions of Inframarginal Analysis, London:

Palgrave/Macmillan, 2003, 344 pages (ISBN 0-333-99932-0).

** Welfare Economics: Towards a Complete Analysis, London: Macmillan, 2004, pp. xiii+355

(ISBN 0-333-97121-3). http://us.macmillan.com/welfareeconomics

Editorship of (and authorship of its Introduction) of a special issue on Increasing Returns and Economic

Organization, Journal of Economic Behavior and Organization, 2004, 55(2): 129-293.

Economics and Society, Beijing: Economic Science Press, 2005, pp.277 (ISBN 7-5058-5053-0/F.4307).

Social Welfare and Economic Policy, Peking University Press, 2005, pp.ii+276 (ISBN

7-301-07792-0/F.0924).

Welfare Economics: Towards a Complete Analysis, Chinese translaton, published by Dongbei University

of Finance and Economics Press, 2005, pp.3+255, ISBN 7-81084-667-1.

Happiness and Public Policy: Theory, Case Studies, and Implications, Palgrave/Macmillan, London, 2006;

ed. with LS. Ho.

* Self-Selected Papers of Yew-Kwang Ng, Shanxi Economics Press, 2008. (Volume 2 of

Contemporary Chinese Economists Library.) ISBN: 978-7-80636-848-0.

* Y-K. Ng & D. Zhang (2008). Advanced Microeconomics, Shanghai Press, pp.v+280. (ISBN

978-7-5432-1418-7).

** Increasing Returns and Economic Efficiency, Palgrave/Macmillan, U.K., 2009, pp. xiii+200. ISBN

978-0-230-20209-2. http://www.palgrave.com/products/title.aspx?pid=287210

From Mesoeconomics to Biology, 2011, Fudan University Press. Chinese Translation by J.Y. Xue and G.F.

Qiu. 361 pages;

ISBN: 978-7-309-07715-5/F.1649.

http://www.fudanpress.com/root/showdetail.asp?bookid=6740

* Common Mistakes in Economics: By the Public, Students, Economists, and Nobel Laureates,

Nova, 2011.

https://www.novapublishers.com/catalog/product_info.php?products_id=23969

** How Did the Universe Come About? Axiomatic Evolved-‘God’ Creationism, Fudan

University Press, August 2011. ISBN: 978-7-309-08189-3/P.007.

http://www.fudanpress.com/root/showdetail.asp?bookid=7233

Yew-Kwang Ng 17/07/2012 12

Fallacies in Economics from Nobel laureates to the Public, Fudan University Press, August

2011. ISBN: 978-7-309-08267-8/F.1722.

http://www.fudanpress.com/root/showdetail.asp?bookid=7232

Social Welfare & Economic Policy, Chinese Translation. Contract signed with Fudan University

Press, expected publication: 2012.

The Road towards Happiness, 2/3 of manuscript completed.

B. Chapters/Sections in Academic Books

* “Arrow’s Independence Condition and the Bergson-Samuelson Tradition”, in G. Feiwel, ed., Arrow and

the Foundations of the Theory of Economic Policy, 1987, London: Macmillan, 223-242, with M. C.

Kemp (N.S.W.).

“Efficiency and Equality in National Economic Policies”, in Jia-pei Wu and Shou-yi Zhang, eds., The Role

of Economic Modelling in National Economic Management, 1987, Beijing: Economic Science

Publishers, 263-270.

“Growth or Welfare?”, in Y. C. Jao, V. Mok, and L. S. Ho, eds., Economic Development in Chinese

Societies: Models and Experiences, Hong Kong University Press, 1989, 25-36.

“Sharemarket Crashes and the Real Economy” in M, Kreinin, ed., Can Australia Adjust?, Public Sector

Management Institute, Monash University, 1989, 46-53.

“Efficiency, Equality, and Taxation Policies”, in John Head & Richard Krever (eds.), Flattening the Tax

Rate Scale: Alternative Scenarios and Methodologies, 1990, Longman Professional, Melbourne,

337-352.

“Congestion Externalities, Immigration and Efficient Pricing”, in Harry R. Clarke, et al, (eds.),

Immigration, Population Growth and the Environment, 1990, Australian Government Publishing

Service, Canberra, 27-29, with Harry R. Clarke (La Trobe).

“The Benefits and Costs of Tourism: An Economic Perspective”, in P. J. Stanton (ed.), The Benefits and

Costs of Tourism: Proceedings of a National Tourism Research Conference, Institute of Industrial

Economics, The University of Newcastle, 1992, 171, with Harry Clarke (La Trobe).

“The Effects of Chinese Economic Reforms and Regional Economic Co-operation”, in Dilip K. Das (ed.),

The Emerging Growth Pole: The Asia-Pacific, Prentice-Hall, 1996, 531-551, with Siang Ng.

“The recent Chinese economic performance and prospect”, in C.A. Tisdell and J.C.H. Chai, (eds.),

China’s Economic Growth and Transition: Macroeconomic, Environmental and Social/Regional

Dimensions, Commack, NY: Nova Science Publishers, 1997, 229-256, with Siang Ng.

* “Non-neutrality of money under non-perfect competition: why do economists fail to see the

possibility?” In Arrow, Ng, and Yang, eds., Increasing Returns and Economic Analysis, London:

Macmillan, 1998, 232-252.

“Pursuit of relative conspicuous consumption in monopolistic competition”, In Arrow, Ng, and Yang, eds.,

Increasing Returns and Economic Analysis, London: Macmillan, 1998, 367-382.

Yew-Kwang Ng 17/07/2012 13

“The economic relationship between Taiwan and Mainland China: a perspective from the principle of

mutual advantage”, in C.H. Chang (ed.), East Asian Economic Development: Its Past and Future -

Proceedings of the Third Conference in Memory of Professor Kuo-shu Liang, pp.139-154; Reply, p.158;

Department of Economics, National Taiwan University, 1999; with Siang Ng.

“Efficiency, equity, and happiness: On the ethical foundations of public policy”, in S.B. Dahiya (ed.) The

Current State of Economic Science, 2: 867-881, Spellbound Publications Pvt. Ltd., Rohtak, India. 1999.

“A case for happiness, cardinalism and interpersonal comparability”, in H. Dixon, ed., Controversies in

Macroeconomics: Growth, Trade and Policy, Blackwells, 2000, 278-288.

“Utilitarianism and interpersonally comparable cardinal utility: some implications of just perceivable

increments of happiness”, in Imperceptible Harms and Benefits, edited by Michael J. Almeida, ISBN

0-7923-6464-3, September 2000, pp.111-121.

“Foreword”, L.S. Ho, Principles of Public Policy Practice, London: Kluwer Academic, 2001, pp.ix-xiii.

“Arrow, Kenneth J. 1921-“, in J. Michie, ed., Reader’s Guide to the Social Sciences, Fitzroy Dearborn,

London, 2001, 75-6.

“Equity vs. efficiency”, in J. Michie, ed., Reader’s Guide to the Social Sciences, Fitzroy Dearborn, London,

2001, 495-6.

“Public spending, optimal size”, in Reader’s Guide to the Social Sciences, Fitzroy Dearborn, London,

2001, 1357-9.

“Whither China? Implications of cultural differences and some recent research”, In Jin Yong, ed., Living

Environment in the New Economic Conditions and Chinese Culture, Hang Zhou: Zhejiang University

Press, 2002, pp. 80-85.

* “The welfare economics of encouraging more births”, in Alan Woodland, ed. Economic Theory and

International Trade: Essays in Honour of Murray C. Kemp. Edward Elgar, 2002, pp.57-67.

“Economic growth and social welfare: The need for a complete study of happiness”, in Easterlin, Richard

A., ed. Happiness in Economics. Elgar Reference Collection. International Library of Critical Writings

in Economics, vol. 142. Cheltenham, U.K. and Northampton, Mass.: Elgar; distributed by American

International Distribution Corporation, Williston, Vt., 2002; 66-77.

Ng, Y.K. and Wills, I. (2002). “Welfare economics and sustainable development”, in Knowledge for

Sustainable Development - An Insight into the Encyclopedia of Life Support Systems, UNESCO

Publishing / Eolss Publishers, Paris, France, Oxford, UK. Vol. 3, pp. 485-506.

“The Principle of Happiness – Preface”, In Huixiong Chen, The Principle of Happiness, Beijing:

Economic Science Publishers (ISBN 7-5058-3397-9/F-2741), 2003, pp.1-3.

“Entrepreneurship and globalization”, in The Tan Kah Kee Spirit of Today, Singapore: Global Publishing

Co. (ISBN 981-04-8446-1), 2003, pp. 99-118.

“Benefits and costs of globalization”, Commemorative Proceedings of the 7th World Chinese

Entrepreneurs Convention, 2003, pp.291-5.

“Preface” and “Introduction”, in Ng, Yew-Kwang, Heling Shi and Guangzhen Sun, eds. (2003), The

Economics of e-Commerce and Networking Decisions: Applications and Extensions of Inframarginal

Yew-Kwang Ng 17/07/2012 14

Analysis, London: Palgrave/Macmillan, pp.x-xii, 1-7.

“Inframarginal Versus Marginal Analysis of Networking Decisions and E-Commerce”, in Ng,

Yew-Kwang, Heling Shi and Guangzhen Sun, eds. (2003), The Economics of e-Commerce and

Networking Decisions: Applications and Extensions of Inframarginal Analysis, London:

Palgrave/Macmillan, pp.11-23.

“Professor Xiaokai and his contributions”, in Yizi Chen, ed. Where Is China Heading: In Memory of

Xiaokai Yang, New York: Mirror Books, 2004, pp.200-12. (ISBN 1-932138-23-4.)

Yew-Kwang NG and Lok Sang HO, “Happiness and public policy: An introduction”, in Happiness

and Public Policy: Theory, Case Studies, and Implications, Palgrave/Macmillan, London, 2006.

“Public policy implications of behavioural economics and happiness studies”, in Happiness and Public

Policy: Theory, Case Studies, and Implications, Palgrave/Macmillan, London, 2006.

“Utility, welfare, and happiness”, In Wang Dingding et al. (2007). Economics: Discussions by

Three Economists, People’s Publishers, Shanghai.

“Consumer surplus”, in Mark Blaug and Peter Lloyd (editors), Famous Figures and Diagrams in

Economics, Edward Elgar, U.K., 2010, pp.97-103.

“Harberger’s triangles”, in Mark Blaug and Peter Lloyd (editors), Famous Figures and Diagrams in

Economics, Edward Elgar, U.K., 2010, pp.104-9/

“External economies and their taxation”, in Mark Blaug and Peter Lloyd (editors), Famous Figures and

Diagrams in Economics, Edward Elgar, U.K.. 2010, pp.121-7.

“Utility measurement”, forthcoming in Encyclopedia of Utilitarianism, eds, James E. Crimmins and

Douglas G. Long (London and New York: Continuum).

“Interpersonal utility”, forthcoming in Encyclopedia of Utilitarianism, eds, James E. Crimmins and

Douglas G. Long (London and New York: Continuum).

“Expected utility hypothesis”, forthcoming in Encyclopedia of Utilitarianism, eds, James E.

Crimmins and Douglas G. Long (London and New York: Continuum).

“Number-dampened utilitarianism”, forthcoming in Encyclopedia of Utilitarianism, eds, James E.

Crimmins and Douglas G. Long (London and New York: Continuum).

C. Papers in Refereed Periodicals

* “On the Welfare Economics of Population Control”, Population and Development Review, June 1986,

12: 247-266.

“Social Criteria for Evaluating Population Change: An Alternative to the Blackorby-Donaldson

Criterion”, Journal of Public Economics, 1986, 29: 375-381.

“Beyond Pareto Optimality: A Response to Christian Seidl”, Zeitschrift für Nationalökonomie, 1986, 46:

311-315.

Yew-Kwang Ng 17/07/2012 15

“A Final Rejoinder to Seidl”, Zeitschrift für Nationalökonomie, 1986, 46: 318-319.

* “Diamonds are a Government’s Best Friend: Burden-Free Taxes on Goods Valued for Their Values”,

American Economic Review, March 1987, 77: 186-191.

* “Relative-Income Effects and the Appropriate Level of Public Expenditure”, Oxford Economic Papers,

June 1987, 293-300.

“Political Distortions and the Relevance of Second and Third-Best Theories”, Public Finance/Finances

Publiques, 1987, No. 1, 137-145.

“The Role of Economists and Third-Best Policies”, Public Finance/Finances Publiques, 1987, No. 1,

152-155.

* “Equity, Efficiency, and Financial Viability: Public-Utility Pricing with Special Reference to Water

Supply”, Australian Economic Review, 3rd Quarter 1987, 21-35.

“Taxation Policies: Some Neglected Essential Issues”, Australian Tax Forum, 1987, 347-355.

“Is A Dollar A Dollar? A Response”, Oxford Economic Papers, 1988, 40, 584-586.

* “Economic Efficiency versus Egalitarian Rights”, Kyklos, 1988, 215-237.

“Hurka’s Gamble and Methuselah’s Paradox”, Social Choice and Welfare, 1989, 6: 45-49.

“Interpersonal Level Comparability Implies Comparability of Utility Differences: A Reply”, Theory and

Decision, 1989, 26: 91-93.

* “Individual Irrationality and Social Welfare”, Social Choice and Welfare, 1989, 6, 87-101.

“Diamonds Are a Government’s Best Friend: Burden-Free Taxes on Goods Valued for Their Values:

Reply”, American Economic Review, December 1989, 79: 1289-1290.

“Economic Efficiency versus Egalitarian Rights: A Response”, Kyklos, December 1989, 42(2): 261-264.

* “What Should We Do About Future Generations? The Impossibility of Parfit’s Theory X”, Economics

and Philosophy, 1989, 5: 135-253.

http://journals.cambridge.org.ezproxy.lib.monash.edu.au/action/displayFulltext?type=1&pdftype=1&fid

=2796336&jid=EAP&volumeId=5&issueId=&aid=2796328

“The Case for and Difficulties of Using ‘Demand Areas’ for Measuring Changes in Well-Being”,

Behavioral and Brain Sciences, 1990, 13(1): 30-31.

“Welfarism and Utilitarianism: A Rehabilitation”, Utilitas, November 1990, 2(2): 171-193.

“An Argument for Utilitarianism: A Defence”, Australasian Journal of Philosophy, December 1990, 68(4):

448-454, with Peter Singer (Monash).

“Should We Be Very Cautious or Extremely Cautious on Measures that May Involve Our Destruction? On

the Finiteness of Our Expected Welfare”, Social Choice and Welfare, 1991, 8(1): 79-88.

* “Equivalent Changes/Differences for Percentages and Probabilities”, Quarterly of Applied Mathematics,

June 1991, Volume XLIX, No. 2, 289-301.

Yew-Kwang Ng 17/07/2012 16

* “Towards Welfare Biology: Evolutionary Economics and Population Dynamics of Animal

Consciousness and Suffering”, Psycoloquy: Refereed Electronic Journal of Peer Discussion, 2(7), 7

August 1991 (Part 1, 388 lines; Part 2, 373 lines).

“Towards Welfare Biology: Response to Commentaries”, Psycoloquy: Refereed Electronic Journal of

Peer Discussion, 2(8), 25 September 1991 (342 lines).

“Should a ‘Natural Monopolist’ be Subject to Competition? With Special Reference to Cellular Mobile

Telephone Services in Australia”, Australian Economic Review, 1991, 2nd Quarter, 32-44.

“The Economic Case for an Open Door Immigration Policy”, Policy, 1991, Autumn, 47-49, with Harry

Clarke (La Trobe).

* “The Paradox of the Adventurous Young and the Cautious Old: Natural Selection versus Rational

Calculation”, Journal of Theoretical Biology, 1991, 153: 339-352.

“Do Individuals Optimize in Intertemporal Consumption/Savings Decisions? A Liberal Method to

Encourage Savings”, Journal of Economic Behavior and Organization, 1992, 17: 101-114.

* “Utilitarianism and Interpersonal Comparison: Some Implications of a Materialist Solution to the World

Knot”, Social Choice and Welfare, 1992, 9(1): 1-15.

* “The Older the More Valuable: Divergence between Utility and Dollar Values of Life as One Ages”,

Journal of Economics (Zeitschrift für Nationalökonomie), 1992, 55(1): 1-16.

* “Business Confidence and Depression Prevention: A Mesoeconomic Perspective”, American Economic

Review, May 1992, 82(2): 365-371.

“Optimal Investment in Urban Drainage: A Framework for Cost-Benefit Analysis”, Australian Economic

Review, 1992, 3rd Quarter, 19-28.

“Business Confidence and Depression Prevention: A Micro-Macroeconomic Perspective”, Mathematical

Social Sciences, 1992, 25: 65-86.

* “Mixed Diamond Goods and Anomalies in Consumer Theory: Upward-Sloping Compensated Demand

Curves with Unchanged Diamondness”, Mathematical Social Sciences, 1993, 25: 287-293.

* “Relative Income, Aspiration, Environmental Quality, Individual and Political Myopia: Why May the

Rat-Race for Material Growth be Welfare-Reducing?”, Mathematical Social Sciences, 1993, 26: 3-23,

with Jianguo Wang (Monash).

“Immigration and Economic Welfare: Resource and Environmental Aspects”, Economic Record,

September 1993, 69(206): 259-273, with Harry Clarke (La Trobe).

“Tourism, Economic Welfare and Efficient Pricing”, Annals of Tourism Research, 1993, 20(4): 613-632,

with Harry Clarke (La Trobe). Reprinted in Tisdell, Clem, ed. The Economics of Tourism. Volume 2.

Elgar Reference Collection. International Library of Critical Writings in Economics, vol. 121.

Cheltenham, U.K. and Northampton, Mass.: Elgar; distributed by American International Distribution

Corporation, Williston, Vt., 2000; 324-43.

“The International Diffusion of the Fruits of Technical Progress”, International Economic Review, May

1993, xxxiv, No. 2, 381-385,with Murray Kemp (New South Wales) and Koji Shimomura (Kobe

University, Japan); reprinted in Murray Kemp, The Gains from Trade and the Gains from Aid: Essays in

International Trade Theory, 160-164, London: Routledge, 1995.

Yew-Kwang Ng 17/07/2012 17

“Interest Rate Parity and Divergence of Views on Exchange-Rate Changes: An Upward Sloping Supply

Curve of Funds even for a Small Country”, Australian Economic Papers, December 1993, 32, 272-283,

with Dietrich Fausten (Monash).

* “Theory of the Firm and Structure of Residual Rights”, Journal of Economic Behavior and Organization,

1995, 26: 107-128, with Xiaokai Yang (Monash).

* “Work Quality and Optimal Pay Structure: Piece vs. Hourly Rates in Employee Remuneration”,

Economic Letters, 1995, 47: 409-416, with He-ling Shi (Monash).

** “Towards Welfare Biology: Evolutionary Economics of Animal Consciousness and Suffering”,

Biology & Philosophy, 1995, 10(3): 255-285. http://www.springerlink.com/content/uj81758r187l7777/

“Infinite Utility and Liedekerke’s Impossibility”, Australasian Journal of Philosophy, September 1995,

73(3): 408-412.

* “A Case for Cardinal Utility and Non-arbitrary Choice of Commodity Units”, Social Choice and

Welfare, 1995, 12: 255-266, with Jianguo Wang (New South Wales).

“Non-Traded Goods and the Welfare Gains from Tourism: Comment”, International Review of Economics

and Finance, 1995, 4(3): 305-309, with Harry Clarke (La Trobe).

“Population Growth and the Benefits from Optimally Priced Externalities”, Australian Economic Papers,

June 1995, 113-119, with Harry Clarke (La Trobe).

* “Complex Niches Favour Rational Species”, Journal of Theoretical Biology, 179(4): 303-311, April

1996.

* “Happiness surveys: Some comparability issues and an exploratory survey based on just perceivable

increments”, Social Indicators Research, 38(1): 1-29, May 1996.

http://www.springerlink.com.ezproxy.lib.monash.edu.au/content/u4245h61864172t6/fulltext.pdf

** “The enrichment of a sector (individual/region/country) benefits others: The third welfare

theorem?”, Pacific Economic Review, Nov. 1996, 1(2): 93-115.

“Quantity precommitment and Bertrand competition yield Cournot outcomes: A case with product

differentiation”, Australian Economic Papers, June 1997, 1-22, with Xiangkang Yin (La Trobe).

* “A case for happiness, cardinalism, and interpersonal comparison”, Economic Journal, 107(445):

1848-1858, November 1997.

* “Specialization, information, and growth: A sequential equilibrium analysis”, Review of Development

Economics, 1(3): 257-274, 1997, with Xiaokai Yang (Monash).

“The paradox of interpersonal cardinal utility: a proposed solution to a central problem of public

economic policy”, Public Economics Review, 2(1): 1-32, November 1997.

“Quality adjusted life years (Qalys) versus willingness to pay in matters of life and death”, International

Journal of Social Economics, 25: 1178-1188, 1998.

* “Utility, informed preference or happiness?” Social Choice and Welfare, 16(2): 197-216, 1999.

http://www.springerlink.com.ezproxy.lib.monash.edu.au/content/5grvwb8yj1l58nfw/fulltext.pdf

Yew-Kwang Ng 17/07/2012 18

“Why do the World Bank and IMF differ in dealing with the East-Asian financial crisis? A perspective

from mesoeconomics”, Economic Research, January 1999, 18-21.

“Efficiency, equality and happiness: On the ethical foundation of public policy”, International Journal of

Development Planning Literature, 14(1): 1-15, January-March, 1999.

“The enrichment of a sector benefits others: The case of trade for specialization”, International Journal of

Development Planning Literature, 14(3): 403-410, July-September, 1999, with Siang Ng (Monash).

* “Intra-firm branch competition for a monopolist”, Australian Economic Papers, 38(3): 238-249,

September 1999, with Wenli Cheng (NZ Treasury).

“Can money buy happiness? Why should public spending be increased?”, Taiwan Economic Review, 27(3):

269-284, September 1999.

“On estimating the effects of events like the Asian financial crisis: A mesoeconomic approach”, Taiwan

Economic Review, 27 (4): 393-412, December 1999.

“The effect of number and size of interest groups on social rent dissipation”, Public Choice, 101(3/4):

251-265, December 1999, with Guangzhen Sun (Monash).

Marjit, Sugata, U. Broll, B. Moitra & Y-K. Ng, “Resolving the credibility problem of an honest

government: A case for foreign investment subsidy”, Review of International Economics. Vol. 7 (4). p

625-31. November 1999.

“Income disparities in the transition of China: reducing negative effects by dispelling misconceptions”,

Journal of International Trade & Economic Development, 9(1): 55-68, 2000, with Siang Ng (Monash)

.

“Quantity precommitment and Bertrand competition yield Cournot outcomes: A case with product

differentiation: Reply”, Australian Economic Papers, Vol. 39, No. 1, March 2000, pp. 113-119,

Blackwell Publishers (ISSN 0004-900X), with Yin, Xiangkang.

“Some problems of publishing papers in economics periodicals”, Taiwan Economic Review, 28(1):

115-122, March 2000.

* “The optimal size of public spending and distortionary costs of taxation”, National Tax Journal, Vol.

52(2), June 2000, pp. 253-272.

“Why do economists overestimate the costs of public spending?”, Newsletter of Royal Economic Society

(UK), July 2000.

“The enrichment of a sector (individual/region/country) benefits others: a generalization”, Pacific

Economic Review, Vol. 5, No. 3, (2000), 299-302. with Siang Ng (Monash).

* “The measurement of structural differences between economies: An axiomatic characterization”,

Economic Theory, 16, (2000), 313-321. with Guangzheng Sun (Max-Planck-Institute for Research into

Economic Systems)

* “From separability to unweighted sum: A case for utilitarianism”, Theory and Decision, 2000, 49:

299-312

Siang Ng & Yew-Kwang Ng, “The importance of reliability in realizing returns”, Advances in Financial

Planning and Forecasting, 2000, Vol. 9, 57-65.

Yew-Kwang Ng 17/07/2012 19

Siang Ng & Yew-Kwang Ng, "Does the Enrichment of Another Country Benefit India? Some Empirical

Results", International Journal of Applied Economics and Econometrics, Vol. 9, No. 4,

October-December 2001, pp. 479-492.

* Yew-Kwang Ng & Jiangou Wang, “Attitude choice, economic change, and welfare”, Journal of

Economic Behaviour and Organization, 2001, 45: 279-291.

* Siang Ng & Yew-Kwang Ng “Welfare-reducing growth despite individual and government

optimization”, Social Choice and Welfare, 2001, 18: 497-506.

* “Is public spending good for you?”, World Economics, invited but refereed contribution, April-June

2001, 2(2): 1-17.

“Fairness and welfare”, Pacific Economic Review, 2001, 6(2): 169-177.

* “The East-Asian happiness gap”, Pacific Economic Review, 2002, 7(1): 51-63.

“Economic policies in the light of happiness studies with reference to Singapore”, Singapore Economic

Review, 2002, 47(2): 199-212.

* Yew-Kwang Ng & Siang Ng, “Do the economies of specialization justify the work ethics? An

examination of Buchanan’s hypothesis”, Journal of Economic Behavior and Organization, 2003, 50:

339-53.

** “From preference to happiness: Towards a more complete welfare economics”, Social Choice and

Welfare, 2003, 20: 307-50.

http://www.springerlink.com.ezproxy.lib.monash.edu.au/content/61m11jgtc3vl7lpd/fulltext.pdf

Yew-Kwang Ng & Guangzhen Sun, “Exclusion of self evaluations in peer ratings: an impossibility and

some proposals”, Social Choice and Welfare, 2003, 20(3): 443-56.

Yew-Kwang Ng & Yeong-Nan Yeh, “Comparative-statics without the differentiation of the first-order

conditions”, Economic Letters, 2003, 78:161-6.

“Appropriate discounting of future utilities need not be the dictatorship of the present”, Social Choice and

Welfare”, 2003, 21:113-6.

“Orthodox economics and economists: Strengths and weaknesses”, Singapore Economic Review. 2003,

48(1):81-94.

* Ng, Yew-Kwang and Po-Ting Liu, “Global environmental protection – solving the international

public-good problem by empowering the United Nations through cooperation with WTO”, International

Journal of Global Environmental Issues, 2003, 3(4): 409-17.

“Increasing returns and economic organization: Introduction”, Journal of Economic Behavior and

Organization, 2004, 55(2): 129-136.

Ng, Yew-Kwang and Ying Wu, "Multiple equilibria and interfirm macro-externality: An analysis of

sluggish real adjustments", Annals of Economics and Finance, 2004, 5: 61-77.

Li Guoqiang, Yew-Kwang Ng, ̈ The emergence of multinational enterprise: a general-equilibrium analysis

〃, Journal of International Business and Economics (United States), Vol II, Number 1, 2004, pp:45-60.

* “Sustainable development: A problem of environmental disruption now instead of intertemporal ethics”,

Yew-Kwang Ng 17/07/2012 20

Sustainable Development, 2004, 12: 150-60. http://onlinelibrary.wiley.com/doi/10.1002/sd.232/pdf

* “Optimal environmental charges/taxes: Easy to estimate and surplus-yielding”, Environmental and

Resource Economics, 2004, 28(4):395-408. http://www.springerlink.com/content/t22g247332723517/

Xin Deng & Y-K. Ng, “Optimal taxation on mixed diamond goods”, Pacific Economic Review. 2004, 9(4):

293-306.

“Policy implications of behavioural economics: With special reference to the optimal level of public

spending”, Australian Economic Review, Sept. 2005, 38(3):298-306.

“Intergenerational impartiality: Replacing discounting by probability weighting”, Journal of Agricultural

and Environmental Ethics, 2005, 18(3), pp 237-57.

* Division of labour and transaction costs: An introduction", Division of Labour & Transaction Costs, 2005,

1(1):1-13.

“Fundamental Problems of Social Choice and the Paradox of Interpersonally Comparable Cardinal

Utility”, The Journal of Peking University (Philosophy and Social Sciences), No.5, 2005, pp.159-165.

Y-K. Ng & Dingsheng Zhang, “Increasing returns and the Smith dilemma”, Singapore Economic Review,

2005, 50: 407-16.

“Some policy implications of behavioural economics and happiness studies for Singapore: With reference

to casinos”, Invited Imminent Paper, Singapore Economic Review, 2006, 51(1): 1-18.

“Yang’s modern classical economics of specialization and its implications”, Economic Papers, June 2006,

25(2):101-5.

“Do the economies of specialization justify the work ethics? A further examination of Buchanan’s

hypothesis”, Annals in Economics & Finance, 2006, 7(2), 385-403.

Matthew Clarke & Yew-Kwang Ng, Population dynamics and animal welfare: Issues raised by the culling

of kangaroos in Puckapunyal, Social Choice and Welfare, 2006, 27: 407-22.

Y-K. Ng & G. Sun, “The economics of endogenous specialization: Introduction”, Pacific Economic

Review, 2007, 12(1): 63-7.

Guo-qiang Li & Yew-Kwang Ng, “Indirect pricing theory of the firm: A general-equilibrium analysis

involving production technology and management service”, Pacific Economic Review, 2007, 12(1):

129-48.

Waka Cheung & Yew-Kwang Ng (2007), “Specialization and cooperation in research”, Asia-Pacific

Journal of Accounting & Economics, 14(1): 27-42.

* Yew-Kwang Ng & Dingsheng Zhang (2007), “Average-cost pricing, increasing returns, and optimal

output: comparing home and market production”, Journal of Economics, 90(2): 167-92.

http://www.springerlink.com/content/n5h172736p1t3707/

* Yew-Kwang Ng & Siang Ng (2007), “Why should governments encourage improvements in

infrastructure? Indirect network externality of transaction efficiency”, Public Finance and

Management, 7(4): 340-362.

Yew-Kwang Ng 17/07/2012 21

“On the use of the representative decision-maker methodology: A reply to Professor Kemp’, Keio

Economic Studies, 2007, 43(2): 73-8.

* “Eternal Coase and external costs: A case for bilateral taxation and amenity rights”, European Journal of

Political Economy, 2007, 23: 641-59. [Awarded Best Paper Prize at the Economics and Environment

Network National Workshop 2005, Australian National University.]

http://www.sciencedirect.com/science/article/B6V97-4NNWCB6-1/2/1f85df021797d9d310883289c084e

b86

Waka Cheung & Yew-Kwang Ng (2007), “Duality in an Industry with Fluctuating Demand”, Annals of

Economics and Finance, 8(2), 229–250.

** “Environmentally responsible happy nation index”, Social Indicators Research, 2008, 85:425–446.

http://www.springerlink.com.ezproxy.lib.monash.edu.au/content/qu587565w3277471/fulltext.pdf

* “Happiness studies: Ways to improve comparability and some public policy implications”,

Economic Record, June 2008, 84:253-66.

http://onlinelibrary.wiley.com.ezproxy.lib.monash.edu.au/doi/10.1111/j.1475-4932.2008.00

466.x/pdf

“Why is the military draft common? Conscription and increasing returns”, Annals of Economics

and Finance, November 2008. 9(2): 373–384.

* "Why Is A Financial Crisis Important? The Significance of the Relaxation of the Assumption of

Perfect Competition", International Journal of Business and Economics, August 2009, 8(2):

91-114. Lead paper.

http://proquest.umi.com.ezproxy.lib.monash.edu.au/pqdweb?index=3&did=1907181191&SrchM

ode=3&sid=1&Fmt=6&VInst=PROD&VType=PQD&RQT=309&VName=PQD&TS=12985

95535&clientId=16397&aid=1

Guangzhen Sun & Yew-Kwang Ng, “The age-dependent value of time: A lifecycle analysis”,

Journal of Economics, 2009, 97: 233–250.

Wang, Xuxiang, R. Smyth & Y-K. Ng, “A new ordered family of Lorenz curves with an

application to measuring income inequality and poverty in rural China”, China Economic

Review. 20 (2009) 218–235.

“A debate on “You are not a fish, how could you possibly know the pleasures enjoyed by fish?” –

A critique of solipsism with evolutionary bioeconomics, Journal of Xi’an Jiaotong University,

2010, 30(2): 70-3.

* Consumption tradeoff vs. catastrophes avoidance: Implications of some recent results in happiness

studies on the economics of climate change, Climatic Change, 2011, 105(1): 109-127, DOI:

10.1007/s10584-010-9880-z.

http://www.springerlink.com.ezproxy.lib.monash.edu.au/content/kqm7g44747071460/fulltext

.pdf

** On the origin of our cosmos: A proposition of axiomatic evolved cosmic consciousness, Journal

of Cosmology, 2011, Vol 13, 3754-3764.

http://journalofcosmology.com/QuantumCosmos113.html

ZuXiang Wang, Yew-Kwang Ng and Russell Smyth (2011), A general method for creating Lorenz

Yew-Kwang Ng 17/07/2012 22

curves, accepted for publication, Review of Income and Wealth, 57(3): 561-582.

Ye Dezhu, Lian Yujun, Ng Yew-Kwang, Li Donghui (2012). Consumption culture, cognitive bias

and consumption anomalies, Economic Research, Feb., pp.82-93.

Waka Cheung and Yew-Kwang Ng, The impact of market scale on standardization and

specialization, Journal of Microeconomics, accepted for publication.

D. A number of book reviews in Economica, Economic Record, Journal of Economic Literature,

Manchester School, Social Choice & Welfare, etc.

SELECTED (from over two hundred) NON-REFEREED PUBLICATIONS

“Classical Chinese Poems”, Sing Bing Daily, 8 June 1980.

“The Significance of Welfare Economics for the Modernization of China” (in Chinese), Chung Pao

Monthly, October 1984, 10,000 words. Reprinted in Reprints and Translation for Reference (an official

Chinese publication for cadres). This article is based on a lecture given at the Institute of Economics,

Academy of Social Sciences, Peking, Shanghai, and Guangzhou, early in 1984.

“The Problems of Speculation and Monopoly in the Chinese Economy”, Cheng Ming Monthly, July 1985,

8,000 words.

“The Undesirable Consequences of the One-Child Policy: A Rational Analysis of Population Policies”,

The Nineties Monthly, October 1985, 11,000 words.

“Chinese-Style Socialism from the Viewpoint of Modern Economics”, Mirror Monthly, January 1986,

8,000 words.

“Don’t Cheer Yet: More Strong Medicine Needed”, Times on Sunday, 17 May 1987.

“Freedom, Democracy, and Economic Systems”, The Thinker (Shanghai), January 1989, 37-42.

“Diamonds could be Keating’s best friend”, The Age, 23 June 1989.

“How to raise government revenue without any burden? With reference to Hong Kong”, Hong Kong

Economic Journal, December 1989, 79-83.

“Soul-snatching Devils” (a novel of about 120,000 words incorporating some economic principles),

serialized daily in Nanyang Daily, Malaysia, December 1989 - March 1990.

“Are There Valid Economic Grounds for Restricting Immigration?”, Economic Papers, March 1991, 10(1):

71-76, with Harry Clarke (La Trobe).

“Exploding the myths of migrant effects”, Financial Review, Tuesday, July 16, 1991, with Harry Clarke

(La Trobe).

“On the Possibility of Multipersonal Judgments”, Journal of Shanghai Jiaotong University, 27(4):

108-109.

Yew-Kwang Ng 17/07/2012 23

“The Economic and Political Prospects of China”, Hong Kong Economic Journal, August 1993, 41-44.

“Can’t Move! How to reduce traffic congestion in large cities?”, Taiwan Economic Research Monthly,

February 1994, 91-93.

“Why do economists underestimate the benefits (welfare) of environmental protection and public goods?

A discussion of the effects of relative income”, Economic Outlook Quarterly, April 1994, 131-134.

“Relative income and diamond effects: A case for burden-free taxes and higher public expenditure”,

Economic Papers, 14(4): 29-33, December 1995.

“Reconstructing economic ethics in China”, Hong Kong Economic Journal, 238: 3-6, January 1997.

“Happiness, cardinalism and interpersonal comparability: The economist’s prejudice against subjective

concepts”, Twenty-First Century, 43: 150-159, October 1997.

“How much should government revenue and spending be?” Hong Kong Economic Journal, 243: 6-8, June

1997.

“Can economic growth increase happiness?” Hong Kong Economic Journal, 255: 49-53, June 1998.

“Economy in poems: with some ‘single-word’ poems” Hong Kong Economic Journal, October 1998,

62-64.

“The contributions of Amartya Sen and some related controversies”, Contemporary, Issue No. 135,

November 1998, 52-59.

“On China’s state enterprise reform”, Harvard China Review, 1998, Vol.1(1): 32-5.

“Who do the World Bank and IMP differ on the East Asian Financial crisis? A mesoeconomic perspective”,

Economic Research Journal (Beijing), Issue 369, Jan. 1999, 18-21.

“The mutually beneficial economic relationship between Taiwan and Mainland China”, Economic

Outlook Bimonthly, Issue No. 61 (January 1999), 10-15, with Siang Ng (Monash).

“The presumption of innocence and double jeopardy: Is it reasonanle for the employer to fire convicts?”

Hong Kong Economic Journal, No.264, March 1999, 79-80.

“The economics of returnees”, Economic Outlook, May 1999.

“The method of balance in peer assessment”, Global Views Monthly (Taipei), July 1999, 128-9.

“Theory and practice: Why should the five-day week be encouraged?” Economic Outlook Bimonthly

(Taipei), No. 65, Sep. 1999, 100-2.

“The current economic problems in China: demand or supply side?” Economic Highlights, October 1999.

“Life is more valuable for the old”, Economic Highlights (China), No. 354, 17 Dec. 1999, 1 and 4.

Yew-Kwang Ng 17/07/2012 24

“Was Fan Gang Wrong?”, Economic Highlights, No. 367, January 2000, 4.

“The Economics Of Education Reform”, Economic Highlights, No. 371, February 2000, 4.

“WTO, Cars and Diamond Goods”, Economic Highlights, April 2000, 4.

“Economics and Happiness – Report on Conference at Nuffield College, Oxford”, Hong Kong

Economic Journal, No. 277, April 2000, 74-75.

“Resolving the Difficulty of Substitution”, Economic Highlights, May 2000, 4.

“Why do Economists Overestimate the Costs of Public Spending?”, Royal Economic Society Newsletter,

Issue 110, July 2000, 5-7.

“Car, Coase and Bilateral Taxation”, Economic Highlights, Issue No. 392, July 2000, 4.

“Anti-subjectivism is Unreasonable”, Hong Kong Economic Journal, No. 281, August 2000, 35-37.

“Happiness, Welfare and Humanism: A response to Dr Chen Hui-Xiong”, Cai Jing Lun Cong

(Collected Essays on Finance and Economics) (China), Issue 84, No. 5, 2000, 8; Reprinted in Chinese

Social Sciences Digest, No.1, 2001, 56.

“Resolving the Difficulty of Substitution Again”, Economic Highlights, No. 198, 18 August 2000, 4.

“The principle of mutual gain and China’s entry into WTO”, Economic Highlights, No.403, 22

September 2000, p.4.

“The inefficiency of private consumption”, Economic Outlook Bimonthly, January 2001, 106-114.

“The effects of internet on the economy”, Hong Kong Economic Journal, Jan. 2001, 15-9, with Heling

Shi.

“Let me like paying taxes to buy civilization”, United Daily (Taipei), 16 Feb. 2001, p.15, with C. Chou.

“Learning from the public choice theory”, China Times (Taipei), 17 Feb. 2001, p.15.

“Why not charging for writing reference letters?” Economic Highlights, 2 March 2001, p.4.

“Delaying relaxation of restriction on trade with the Mainland is detrimental to the transformation of

the Taiwan economy”, China Times, 7 April 2001, p.15.

"Emphasizing environental protection and public health", Economic Highlights, 29 June 2001, p.4.

"Absulutely no free lunch?", Economic Highlights, 13 July 2001, p.4.

"From the Sino-American-Japanese relationships to the direction of development", Hong Kong

Economic Journal Monthly, July 2001, pp.47-9.

“Paper Submission in the Electronic Age”, Newsletter of Royal Economic Society (UK), July 2001.

"Economic magnitudes and geographical latitudes - a review of Philip Parker's Physioeconomics,

published in Journal of Economics (Zeitschrift fur Nationaleconomie), 75(3), 2002: 255-61.

Review of Bruno S. Frey’s Inspiring Economics. Published in Journal of Economic Literature, LX,

Yew-Kwang Ng 17/07/2012 25

2002, 1233-4.

“The problem is not inadequate consumption but the transfer of savings into investment”, 21st Century

Business Herald, No. 112 (30 January 2003), p.30.

“On reducing the burdens of students”, Economic Highlights, 27 June 2003, p.5.

“A dollar is a dollar: Why should efficiency rule exclusively in specific issues?” Teahouse for

Economists, Vol. 14, Oct. 2003, pp.4-7.

“The happiness gap”, Information Times, December 2003, pp. 50-8.

“Using the market method to restrict private cars”, Oriental Morning Post, 15 March 2004, p.15.

“On the strategy to avoid economic contraction”, Oriental Morning Post, 10 May 2004, p.15.

“How does the Chinese economy affects the world?”, 21st Century Business Herald, 17 June 2004.

“Private cars: Why China should learn from Singpaore and avoid the horrible outcome of Bangkok?”

Harvard China Review, Spring 2004, pp. 52-5.

“In memory of Professor Xiaokai Yang”, China & World Economy, 2004, 12(6): 118-22.

“How to use economic analysis properly?” Teahouse for Economists, Vol.17, 2004, pp.4-7.

“RMB should appreciate further”, Hong Kong Economic Journal Monthly, Nov. 2005, pp.42-4.

“Should big cities restrict immigrants? On increasing returns and the E-F conflict”, Teahouse for

Economists, Vol.19, 2005, pp.4-8.

“A review of Institutional Economics: A Chat by Three Scholars”, Teahouse for Economists, Vol.22,

2006, pp. 37-40.

“The public interest is the happiness of the people”, Guangzhou Daily, 4 Oct. 2006.

A book review on Frey & Stutzer, Happiness and Economics:How the Economy and Institutions Affect

Well-Being, In Caijing (leading economics/finance non-refereed periodical in China), Oct. 2006.

“Why growth fail to increase happiness”, Caijing (leading economics/finance non-refereed periodical

in China), Oct. 2006.

“Let development increase happiness”, Caijing (leading economics/finance non-refereed periodical in

China), Nov. 2006.

“Jumping down into hell or walking up to heaven?” Teahouse for Economists, Issue 27 (1,

2007), pp.4-7.

“Men and women are different”, Teahouse for Economists, Issue 29 (3,2007), pp. 110-12.

Several pieces on happiness economics in newspapers/magazines in China and Malaysia in 2007.

Heling Shi & Yew-Kwang Ng,“The effects of the information industry on economic development”, in

Chinese Textbook for Practical Commerce, edited by Wang Youmin & Ni Mingliang, Beijing: China

Commerce and Trade Press, 2007, pp.34-5. ISBN: 978-7-100-05452-2.

Yew-Kwang Ng 17/07/2012 26

“Many unhappy returns, from a ravenous nation” [report] , Sunday Age, 1 June 2008.

“Anamolies in the unfolding global financial crisis”, Business Times (Singapore), 23

Oct. 2008.

Xin Deng and Yew-Kwang Ng, “Estimation of external costs of road transport: A case study of Beijing”,

Journal of Chongqing University (Social Science), Issue 1, page 4-10. 2008.

“Happiness should be the ultimate objective of all public policies”, Teahouse for Economists, Nov.

2008, vol.37, pp.4-14.

" An i n v e s t me n t w i t h a ve r y h i g h b e n e f i t s / c o s t s r a t i o - B r a i n s t i mu l a t i o n " ,

Teahouse for Economists. 2 0 0 9 , v o l . 4 2 , p p . 5 2 -4 .

“ Ha s Co a s e O v e r t u r n e d t h e P i g o v i a n P o l l u t i o n Ta x ? ” Teahouse for Economists. 2 0 0 9 ,

v o l . 4 4 , p p . 1 2 6 -8 .

“ W h y s t u d y e c o n o mi c s ? ” , Teahouse for Economists.2 0 0 9 , vo l . 4 4 , p . 1 .

“ Ha p p i n e s s , w e l l -b e i n g , a n d t h e e n v i r o n me n t a l l y r e s p o n s i b l e h a p p y n a t i o n

i n d e x ” , 2 1s t

Ce n t u r y E c o n o mi c Re p o r t , 2 3 D e c . 2 0 1 0 .

R e c e n t a r t i c l e s :

A l l t a x e s d i s t o r t i v e ?

h t t p : / / we n h u i . n e ws 3 6 5 . c o m. c n / j j s h / 2 0 11 0 3 / t 2 0 11 0 3 0 7 _ 2 9 7 6 3 0 8 . h t m

P r o b l e ms o f E c o n o mi c s Te x t b o o ks , Teahouse for Economists, forthcoming.