Email

pstam@um.edu.mo

Tel

+853 8822-4756

Office

E22-4058
Faculty of Business Administration
University of Macau, E22
Avenida da Universidade,
Taipa, Macau, China

Associate Professor in Business Economics

Academic Qualifications

  • Ph.D. in Economics, The Chinese University of Hong Kong, Hong Kong, China
  • Master in Economics, The University of Hong Kong, Hong Kong, China
  • Bachelor in Social Sciences, The University of Hong Kong, Hong Kong, China

Teaching

  • Undergraduate Courses
    • Principles of Microeconomics (BECO1000, BECO100)
    • Econometrics I (BECO2001, BECO200, BECO210, ECIF310)
    • Financial Econometrics (BECO3011, BECO311)
    • Introduction to Econometrics (BECO4003, BECO403)
    • Applied Econometrics (BECO4004, BECO404)
    • Econometrics II (ECIF311)
    • Introduction to Macroeconomics (ECIF100)
    • Introduction to Microeconomics (ECIF101)
    • Intermediate Microeconomics (ECIF201)
    • The Economy of the Asia-Pacific Region (ECIF412)
    • Economies of the Asia-Pacific Region (ECMC470)
    • International Organizations (ECIF404)
    • Honours Project (HONR400)
    • Summer Research Programme (SUMR1000, SUMR001)
  • Graduate Courses
    • Doctoral Thesis (BECO8999)
    • Project Report (BAGC7998, BAGC7898)
    • Academic Thesis (FINC7999, FINC798)
    • Applied Thesis (ACCT7996)
    • Thesis (FINC799)
    • Business Thesis (IMBC999)

Research Interests

  • Applied Econometrics
  • Development Economics
  • Financial Economics
  • Tourism Economics

Selected Journal Papers

  1. Tam, P.S., Lei, C.K., Zhai, T., 2022. Investigating the bidirectionality of the relationship between residents’ perceptions of tourism impacts and subjective wellbeing on support for tourism development, Journal of Sustainable Tourism, Forthcoming. (ABS3)
  2. Gu, X., Tam, P.S., Lei, C.K., Chang, X., 2021. The effects of inequality in the 1997-98 Asian crisis and the 2008-09 global tsunami: The case of five Asian economies, Journal of International Money and Finance, 110, 102306. (ABS3)
  3. Gu, X., Tam, P.S., Li, G., Zhao, Q., 2020. An alternative explanation for high saving in China: Rising inequality, International Review of Economics and Finance, 69, 1082-1094. (ABS2)
  4. Tam, P.S., 2020. Global impacts of China-US trade tensions, The Journal of International Trade and Economic Development, 29, 510-545. (ABS1)
  5. Chang, X., An, T., Tam, P.S., Gu, X., 2020. National savings rate and sectoral income distribution: An empirical look at China, China Economic Review, 61, 101263. (ABS2)
  6. Gu, X., Tam, P.S., Zhang, Y., Lei, C.K., 2019. Inequality, leverage and crises: Theory and evidence revisited, The World Economy, 42, 2280-2299. (ABS2)
  7. Tam, P.S., 2018. Economic transition and growth dynamics in Asia: Harmony or discord? Comparative Economic Studies, 60, 361-387. (ABS1)
  8. Tam, P.S., 2018. Global trade flows and economic policy uncertainty, Applied Economics, 50, 3718-3734. (ABS2)
  9. Gu, X., Tam, P.S., Lei, C.K., Chang, X., 2016. The economics of taxation in casino tourism with cross-border market power, Review of Development Economics, 20, 113-125. (ABS2)
  10. Gu, X., Huang, B., Tam, P.S., Zhang, Y., 2015. Inequality and saving: Further evidence from integrated economies (2015), Review of Development Economics, 19, 15-30. (ABS2)
  11. Tam, P.S., 2014. A spatial-temporal analysis of East Asian equity market linkages, Journal of Comparative Economics, 42, 304-327. (ABS3)
  12. Gu, X., Tam, P.S., 2014. The impacts of demand and supply elasticities on gambling tax choices, The Journal of Gambling Business and Economics, 8, 53-71. (ABS1)
  13. Gu, X., Tam, P.S., 2014. Market structure and casino taxation in tourist resorts, Applied Economics, 46, 1049-1057. (ABS2)
  14. Gu, X., Tam, P.S., 2014. Tax incidence and price discrimination: An application of theories to gambling markets, China Economic Review, 28, 135-151. (ABS2)
  15. Gu, X., Li, G., Tam, P.S., 2013. Casino tourism, social cost, and tax effects, International Gambling Studies, 13, 221-239.
  16. Gu, X., Tam, P.S., 2013. The saving-growth-inequality triangle in China, Economic Modelling, 33, 850-857. (ABS2)
  17. Tam, P.S., 2013. Finite-sample distribution of the augmented Dickey-Fuller test with lag optimization, Applied Economics, 45, 3495-3511. (ABS2)
  18. Tam, P.S., 2012. Size properties of Lagrange Multiplier cointegration tests in the presence of structural breaks, Applied Economics Letters, 19, 1061-1064. (ABS1)
  19. Gu, X., Tam, P.S., 2011. Casino taxation in Macao: An economic perspective, Journal of Gambling Studies, 27, 587-605.
  20. Lei, C.K., Tam, P.S., 2010. A panel data approach to the income convergence among Mainland China Hong Kong and Macao, Journal of the Asia Pacific Economy, 15, 420-435. (ABS1)

Selected Books and Book Chapters

  1. Lei, C.K., Tam, P.S., 2013. Stochastic convergence of the Greater China economies: A panel unit root approach, in B. Wu, S. Yao, and J. Chen (eds.), China’s Development and Harmonisation: Toward a Balance with Nature, Society and International Community, Routledge.
  2. Choy, I.W.T., Tam, P.S., 2008. Economic impact of gaming expansion on tourism in Macau, in W.C. Ieong et al. (eds.), The Rapid Growth of Casino Industry and Its Impacts to the Macao Economy and Society, Union of Macao Scholars.

Editorialship/Society Membership

  • Guest Editor, Special Issue: Uncertainty and Risk Management for Asian Economies, Journal of Asian Economics
  • Editorial Board, Asia and the Global Economy, Elsevier