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Department of Economics


BSc (Zhongshan); MSocSc, PhD (Birmingham)
  • Professor, Department of Economics
  • The President’s Special Advisor on Mainland Initiatives, Lingnan University
  • Director, China Economic Research Programme
  • Programme Director, Master of Science in International and Development Economics (MIDE)
  • Programme Director, Master of Science in International Banking and Finance (MIBF)
  • Director, Pan Sutong Shanghai-Hong Kong Economic Policy Research Institute
  • Vice-President, Hong Kong Economic Association

WEI Xiangdong is Professor in the Department of Economics. He had previously served as the Dean of Faculty of Social Sciences at Lingnan University from 2012 to 2019, the Supervisor of Lingnan Institute of Further Education 2014-2019.  He was also appointed as a part-time Chair in Industrial and Labour Economics in the Business School of University of Birmingham in the UK, and Adjunct Professors in Economics in Zhongshan University and Southwest University of Finance and Economics, China.

He got his B.Sc. in Mathematics from Zhongshan University, China, and his M.Soc.Sc. in Money, Banking and Finance and Ph.D. in Economics from the University of Birmingham, UK. He is the founding Director of the Master of Science in International Banking and Finance Programme in Lingnan University. He is also currently a member of ESRC Peer Review College in the UK, and vice-President of the Hong Kong Economic Association.

His main areas of research are in Labour Economics with special interest in economics of education and personnel economics. He has published papers in journals such as Review of Economics and Statistics, Journal of International Economics, Journal of Development Economics, Education Economics, World Development, Oxford Economics Papers, Journal of Comparative Economics, Industrial and Labor Relations Review, Industrial Relations, Southern Economic Journal, Journal of Risk and Uncertainty, Canadian Journal of Economics, Journal of Economic Organization and Behavior etc. He had also served as a member of the HKSAR Manpower Development Committee and as a consultant for the UK Department of Employment, the Education and Manpower Bureau in Hong Kong and Hong Kong Council of Social Services, Bauhinia Foundation, and Hong Kong Securities Institute.

Courses taught in Lingnan:
- Microeconomics for Business, Education and Manpower Policy, The Economics of Labour Market, The Hong Kong Economy, Development Economics and Contemporary Economic Issues.



Refereed Journal Articles:

I. Economics of Education
  1. “Education and the Signalling Hypothesis: Evidence from a Highly Competitive Labor Market”, Education Economics, 12(1):1-16, April 2004. (with John Heywood)
  2. “Does Parental Absence Reduce Cognitive Skills? Evidence from Rural China”, Journal of Development Economics, Vol. 111, November 2014: pp181-195. (with Hongliang Zhang, Jere Behrman, Simon Fan an Junsen Zhang)
  3. Elite schools, magnet classes, and academic performances: Regression-discontinuity evidence from China”, Vol. 55, June 2019: pp143-67. (with Jia Wu, Hongliang Zhang, Xiang Zhou).

  4. Boya Education in China: Lessons from Liberal Arts Education in the U.S. and Hong Kong”, R&R for International Journal of Education Development. (with Leonard K. Cheng)
  5. “Can Growth Mindset Intervention Improve the Academic Achievements of Chinese Students? New Evidence from Field Experiments in Two Chinese Cities”, R&R for Education Psychology. (with Zhen Huang and Jiannong Shi)
  6. “Student Feedback, Parent-teacher Communication and Academic Performance: Experimental Evidence from Rural China”, IZA DR No. 11347. (with Stan Siebert, Alex Wong and Xiang Zhou).

​II. Personnel Economics

  1. “Payment by Results Systems: British Evidence”, British Journal of Industrial Relations, 35(1) March 1997 (with John Heywood and Stan Siebert)
  2.  “Piece Rate Payment Schemes and the Employment of Women: the Case of Hong Kong”, Journal of Comparative Economics, 25(2): 237-255, October 1997. (with John Heywood)
  3.  “The Determinants of Hiring Older Workers: Evidence from Hong Kong”, Industrial and Labor Relations Review, 52(3): 444-459, April 1999. (with John Heywood and Lok-Sang Ho).
  4. “Age Discrimination in the Labour Market: Facts or Fiction”, International Employment Relations Review, 5(1): 43-61, 1999. (with Lok-Sang Ho & Thomas Voon)
  5. “Worker Participation and Firm Performance: Evidence from Germany and Britain”, British Journal of Industrial Relations, 38(1): 7-48, March 2000. (With J.T.Addison, W.S.Siebert and J.Wagner)
  6. “Are Old Workers Disadvantaged in the Hong Kong Labour Market?” Asian Economic Journal, 14(3): 283-300, September 2000. 
  7. “Performance-related Pay Schemes and Job Satisfaction”, Journal of Industrial Relations, 48(4), September 2006. (with John Heywood).
  8. “The Implicit Market for Family Friendly Work Practices”, Oxford Economic Papers, 59:275-300, April 2007. (with John Heywood and Stan Siebert).
  9. “Why Do Firms Provide General Skills Training? A Signaling Perspective”, Canadian Journal of Economics, Vol. 43(2): 602-621, May 2010 (with Simon Fan)
  10. “Work-Life Balance: Promises Made and Promises Kept”, International Journal of Human Resources Management 21(11):1973-92, September 2010. (with John Heywood and Stan Siebert)
  11. “Estimating the Use of Agency Workers: Can Family Friendly Practices Reduce their Use?”,  Industrial Relations 50(3), July 2011. (with John Heywood and Stan Siebert).
  12. “Piece Rate for Professors”, Economics Letters, Vol. 113, January 2012. (with John Heywood and Guangliang Ye)
  13. “Worker sorting and job satisfaction: The case of union and government jobs”, Industrial and Labor Relations Review, 55(4): 595-609, July 2002. (with J.S.Heywood and W.S.Siebert)
  14. “Teamwork, Monitoring, Absence and Productivity”, Journal of Economic Behavior and Organization 68(3-4): 676-90, December 2008. (with John Heywood and Uwe Jirjahn)
III.Workplace Safety and Health
  1. “Compensating Wage Differentials for Workplace Accidents: Evidence from the 1983 General Household Survey for Union and Non‑union Workers”, Journal of Risk and Uncertainty, 9:61‑76, 1994. (with Stan Siebert)                  
  2. “On Measuring the Value of Life”, Economics Letters, 49:223-230, 1995(with J.L.Ford and P.K.Pattanaik)
  3.  “The Wage Compensation for Job Risk: the Case of Hong Kong”, Asian Economic Journal, 12(2): 171-181, 1998.  (with W.S.Siebert).
  4. “Estimating British Workers' Demand for Safety”, Applied Economics, 31(10): 1265-1272, October 1999.
  5. “Measurement Error and the Effect of Unions on the Compensating Differentials for Fatal Workplace Risks”, Journal of Risk and Uncertainty, 23(1): 33-56, July 2001. (with Robert Sandy, R.F.Elliot and W.S.Siebert)
  6. “Analyzing Workplace Safety Policies in Hong Kong with a Simulation Method”, International Economic Journal19(2): 321-53, June 2005. (with Steve Russell and Robert Sandy)
  7. “Wage Compensation for Job-Related Illness in the UK”, Journal of Risk and Uncertainty, 34: 85-98, 2007.
VI. Other Labour Economics
  1. “Unions and Plant Closings: Britain in the 1990s”, Southern Economic Journal, 69(4): 822-41, April 2003. Also appeared in Recent Developments in Labor Economics, edited by John T. Addison, Edward Elgar Publishing Ltd. (with J.T.Addison and J.S.Heywood)
  2. “Employer Size-Wage Effects: Evidence from Matched Employer-Employee Survey Data in the UK”, 36(3):185-193, February 2004, Applied Economics. (with Clive Belfield)
  3. “Soft Skills, Hard Skills, and the Black/White Wage Gap”, Economic Inquiry, Vol. 55(2), April 2017: pp1032-53. (with Simon Fan and Junsen Zhang)
V. Hong Kong and Chinese Economy
  1. “The Effect of Trade on Wage Inequality: the Hong Kong Case”, Journal of International Economics, 67: 241-257, September 2005. (with Lok-Sang Ho and Wai-Chun Wong)
  2. “The Law of One Price: Evidence from the Transitional Economy of China”, the Review of Economics and Statistics, 88(4): 682-97, November 2006. (with Simon Fan).
  3. “Competitiveness of the Hong Kong Economy”, China Economic Review 20(3):573-586,September 2009. (with Hongyi Li and Danyang Xu).
  4. “The Border Effect between Hong Kong and Mainland China”, Pacific Economic Review, Vol. 21, February 2016: pp3-12. (with Simon Fan and Jia Wu)
VI. Development
  1. “Taxation and the Economy in Late Eleventh-century England: Reviving the Domesday Regression Debate”, Anglo-Norman Studies 29: 214-227, 2007. (with Andrew Wareham)
  2. “Effects of input vouchers and rainfall insurance on agricultural production and household welfare: Experimental evidence from Northern Ethiopia”, Forthcoming in World Development. (With Ho Lun Wong,  Haftom B Kahsay,  Zenebe Gebreegziabher, Cornelis Gardebroek, Daniel E Osgood, Rahel Diro).
Book Chapters:
  1.  “Export Competitiveness of China and ASEAN on the US Market”, in China and Asia Pacific Economic Relations, edited by Joseph C.H.Chai, Y.Y.Kueh and Clem A.Tisdell, 1997.  (with Thomas Voon) 
  2.  “Lessons from Shengze: China's Number One Rural Industrial Town”, in Sustainable Economic Development in South China, edited by Samuel P.S.Ho and Y.Y.Kueh, MacMillan, pp.95-114, 2000. (With Y.Y.Kueh and Zhong Yongyi). 
  3.  “Gender Composition and Market Structure in Hong Kong”, in Product Market Structure and Labor Treatment, edited by John Heywood and James Peoples, State University of New York Press, 2006. (with John Heywood)
  4.  “Market Integration between Hong Kong and the Chinese Mainland”, in China, Hong Kong and the World Economy: Studies on Globalization, edited by Lok Sang Ho and Robert Ash, Palgrave MacMillan, pp170-185, 2006. (with C. Simon Fan and Na Li).
  5.  “An Empirical Analysis of the Determinants of FDI distribution in Guangdong”, in The Economic Cooperation between Hong Kong, Macau and Pearl River Delta Region, edited by  Mee-kau Nyaw and Guanghan Chen, Joint Publishing (H.K.) Co., Ltd., pp 143-152, 2006. (in Chinese)


Data and Information Sources for the U.S. Economy

Suggestions for additions to this list are welcome. E-mail

Where is the stockmarket today? Where are interest rates? Click here to find out. For more in depth analysis of stock and bond markets and the factors that influence them, check

  1. The American Economics Association has a website named Resources for Economists which has an encyclopedic list of all sorts of web-based economics sites.
  2. Economagic is an excellent site for all kinds of U.S. economic data, including national income accounts, the Federal Reserve, the Bureau of Labor Statistics and more. The site includes a very useful graphing function and allows downloads to excel worksheets as well as simple statistical functions.
  3. EconStats is another site with links to all kinds of US data. It also has links to data for many other countries.
  4. The Economics Statistics Briefing Room is the White House site for overall economics statistics. This also includes links to other parts of the government.
  5. The Center on Budget and Policy Priorities is a non-partisan site that focuses on economic policies related to the budget and their effects on low and moderate income people. Another very useful site is The Tax Policy Center. See especially their section on Tax Facts which has lots of useful information on tax levels, distribution, burden, etc.
  6. ArgMax is an excellent site for economic news, data links and analysis.
  7. The Library of Economics and Liberty features articles and links to many books and other economics related resources.
  8. The Heritage Foundation comments on economic policy from a conservative viewpoint. This link takes you to a very useful federal budget calculator that will help you to understand what the federal government spends its money on and where they get the money from.
  9. This site contains a Budget Explorer which I like because it allows you not only to calculate your own budget but also links to the various executive branch departments with spending authority so you can see exactly where the money is going.
  10. The Concord Coalition is a non-partisan group advocating a balanced budget. Their site contains very useful graphs and projections showing what current taxing and spending proposals mean for the federal budget in the years ahead.
  11. The National Debt Awareness Center has a useful graph providing up to date information on the size of the national debt and what the Federal Government is spending money on.
  12. OMB Watch is another site devoted to information on what is happening to the federal budget. Click here to link to OMB's own presentation of the 2004 budget.
  13. The Dismal Scientist is a very good site for evaluations of current statistics and policy.
  14. The Brookings Institution publishes lots of good articles on current economic and political policy.
  15. Want information on real estate? Check the site of the National Association of Realtors.
  16. For demographic and population numbers, go to the US Census Bureau.

Information on Other Countries

  1. The International Monetary Fund is an excellent site for data on all member countries, with a particular emphasis on balance of payments, exchange rate and financial/monetary data.
  2. The World Bank has cross country data on a wide variety of subjects.
  3. EconStats has links to the national statistical bureaus of most countries in the world.
  4. The UNDP has cross country data with a particular focus on measures of human welfare and poverty.
  5. The Food and Agriculture Organization of the UN has cross country information on food and agriculture.
  6. The Penn World Tables are useful source for a variety of economic data series not available in other sources.
  7. The Foreign Labor Statistics page at the U.S. BLS site is just what it sounds like.


  1. SSC3315 Labour Market & Education Policy
  2. ECO3209 The Hong Kong Economy


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