Assistant Professor in Business Economics
  • Ph.D. in Economics, The Chinese University of Hong Kong, Hong Kong SAR
  • M.A. in Quantitative Methods, Columbia University, United States
  • B.A. in Economics, Peking University, China
  • Visiting Scholar, Department of Economics, The Chinese University of Hong Kong, Fall 2017
  • Research/Teaching Assistant, Department of Economics, The Chinese University of Hong Kong, 2010-2014
  • Research Officer, Institute for the Study of Commercial Gaming, Faculty of Business Administration, University of Macau, 2009-2010
  • Business Analyst, Elsevier Inc., New York City, United States, 2008-2009
  • Excellent Teaching Assistant Award, The Chinese University of Hong Kong
  • Highest GPA Award, The Chinese University of Hong Kong
  • Hong Kong PhD Fellowship Scheme, Hong Kong Research Grants Council
  • Mitofsky Scholarship, Columbia University
  • ISERP Research Fellowships, Columbia University
  • Undergraduate Courses
    • Principles of Macroeconomics (BECO1001)
  • Graduate Courses
    • Economics for Business (MBA) (BECO7011)
  • Entrepreneurial entry and corporate innovation under the US-China trade war, funded by University of Macau, 2023-2024, Principal Investigator
  • The Impact of Macroeconomic Events and Policies on Business Formation and Corporate Decisions, funded by University of Macau, 2019-2022, Principal Investigator
  • Determinant Analysis of Chinese Outbound Tourism: A Political Economy Perspective, funded by DSES, 2020-2022, Co-principal Investigator
  • Task Specialization in the Global Economy: Theory, Empirics, and Implications for China, funded by National Natural Science Foundation of China, 2019-2021, Principal Investigator
  • Production Network in the Global Economy and Its Implications, funded by University of Macau, 2018-2021, Co-principal Investigator
  • Global Value Chain and Business Cycle Co-movement: Based on Open Economy Multisector DSGE Model, funded by National Natural Science Foundation of China, 2017-2019, Co-principal Investigator
  • Economic development and growth
  • International trade and regional integration
  • Economics of entrepreneurship
  • Chinese Economy
  1. Cui, C. & ​​Li, L.S. (2023), Trade policy uncertainty and new firm entry: Evidence from China, Journal of Development Economics, Vol. 163, 103093 (ABS3)
  2. Yang, F.X., Li, L.S., Yang, G., & Yuan, J. (2023), Political ideological distance and tourism demand: The cultural–political interplay, Annals of Tourism Research, Vol. 98, 103525 (ABS4)
  3. Cui, C. & ​​Li, L.S. (2021), The effect of the US-China trade war on Chinese new firm entry, Economics Letters, Vol. 203, 109846 (ABS3)
  4. Chen, J.J., Ko, I.M., Li, L.S. & Yang, F.X. (2021), Are better-connected CEOs more socially responsible? Evidence from the U.S. restaurant industry, Tourism Management, Vol. 85, 104304 (ABS4)
  5. Chen J.J., Cui, C., ​​Hunt, R.A., & Li, L.S. (2020), External Enablement of New Venture Creation: An Exploratory, Query-Driven Assessment of China’s High-Speed Rail Expansion, Journal of Business Venturing, Vol. 35, Issue 6, 106046 (ABS4, FT50)
  6. Cui, C., ​​Li, L.S., & Peng, D. (2021), Value‐added exports and the skill premium: Evidence from China’s international and regional production networks, Pacific Economic Review, Vol. 26, Issue2, 183-211 (ABS2)
  7. Cui, C. & ​​Li, L.S. (2019), High-speed rail and inventory reduction: firm-level evidence from China, Applied Economics, Vol. 51(25), 2715-2730 (ABS2)
  8. Li, L.S., Yang, F. X., & Cui, C. (2019), High‐speed rail and tourism in China: An urban agglomeration perspective, International Journal of Tourism Research, Vol. 21(1), 45-60 (ABS2)
  9. Yang, D., Cui, C. & Li, L.S. (2013), China’s High Savings and External Imbalances: Causes and Policies, Journal of Financial Market Research, Vol. 8
  10. Fong, K.C., Fong, H.N., & Li, L.S. (2011), The Social Cost of Gambling in Macao: Before and After the Liberalization of the Gambling Industry, International Gambling Studies, Vol.11, No.1, 43-56
  1. Chapters “China-Latin America production capacity cooperation investment fund”, “Inflow investment to Macao from greater pearl river delta region”, and “Ocean economy”, in “Report on the Recommendations to the 19 Measures from Premier Li Keqiang for Boosting the Substantiality and Diversification of Economy of Macao”, published by University of Macau, May 2018.
  1. “High-speed Rail and Inventory Reduction: Firm-level Evidence from China,” with C. Cui, at WEAI 15th International Conference, Tokyo, Japan (Mar. 2019).
  2. “Globalization and Inequality: New Evidence from China’s Regional Value Chains,” with C. Cui and D. Peng, at Singapore Economic Review Conference, Singapore (Aug. 2017).
  3. “Unbundling the Smile Curve: Task Specialization in a Global Economy,” with D. Yang, at China Meeting of the Econometric Society, Wuhan, China (Jun. 2017).
  4. “Productivity Growth in China: Industrial and Aggregate Measures, Drivers and International Comparisons in Asia,” with L. Sun, R. Ren, X. Li, M. Fan, at IARIW-UNSW Conference on Productivity, Sydney, Australia (Nov. 2013).
  5. “Comparing China Input-Output Tables from Two Different Time Series: Major Differences and Potential Bias,” with X. Li, at Final WIOD Conference: Causes and Consequences of Globalization, Groningen, The Netherlands (Apr. 2012).
  1. Living the Kuznets curve: Structural transformation and regional inequality in China
  2. A cross-country general-equilibrium analysis of destination competitiveness and bilateral travel costs
  3. Political uncertainty and firm entry dynamics
  4. The entrepreneurial response to trade shocks