SOAS University of London

Department of Economics

HuangNan Shen

BSc (LSE), MSc (LSE)
  • Overview
  • Teaching
  • Research
  • Publications

Overview

Huangnan Shen
Department of Economics

Graduate Teaching Assistant

Name:
HuangNan Shen
Email address:
Thesis title:
The Dynamics Of Reforms Of Large State-Owned Enterprises In China-A Theoretical And Political Economy Analysis
Year of Study:
2
Website:
https://huangnanjim.wixsite.com/developmenteconomist/research
Internal Supervisors

Biography

HuangNan Shen is a Development Economist working on Development Economics, Organizational Economics, Industrial Organization, Economics of Transition and the Chinese Economy. He is currently a PhD candidate in Development Economics and international development at the School of African and Oriental Studies (SOAS), University of London. He hold a BSc in Management from the London School of Economics and Political Science (LSE) and MSc in Economics and Management from LSE as well. He is also the member of international econometric society, development studies association,Chinese Economists Society, Royal Atlantic Economic Society, Forum for Research in Empirical International Trade and World Interdisciplinary Network for Institutional Research , He has published extensively on the topics of large SOE reforms in China as well as the global supply chains. He has published more than 15 papers including the working papers.

PhD Research

Although in the last 40 years there have been dramatic economic growth for Chinese economy, while the bulwark of Chinese economy, mega-SOEs still encounter huge conundrums in terms of political, economic and social factors. The existing literature that has dominated the debate on SOE reforms with particular reference to China’s SOEs argues that there is a dichotomy in terms of the function of the market and state on SOEs. The only two solutions to the improvement of SOEs’ efficiency is through either outright privatization or through the removal of bureaucratic control including policy burdens. This PhD thesis provides a theoretical framework regarding the reforms of Chinese mega-SOEs which unifies the political economy and neo-classical economics approach of analysis, arguing that large SOEs in China provide an alternative version for post-socialist transformation based on relational contracts. This thesis put forward two main arguments. The first is that the dramatic growth and expansion which large SOEs in China have had can be explained drawing on different notions of internal corporate governance and external state governance structure. The second is that large SOEs are a specific example of a broader literature on industrialization theory and their growth could be explained by the following 5 pillars: (1) the intertwining dynamics between policy burdens and degree of privatization in a transitional economy. (2) The damping effect of inward foreign direct investment on the level of privatization. (3) The power sharing channel between SOE managers and state officials in a state with the mixed feature of developmental and predatory nature. (4) The division of the gains between upstream SOEs and downstream private enterprises along China’s industry chains. (5) The asymmetrical market structure that is endogenous to the optimal ownership assignment along the China’s industry chains. The thesis suggests that there is a relational governance function of large SOEs, which complements the roles between the state and the market, which in turn facilitates the industrialization process of a developing country like China.

Publications

Pre-Doctoral Publications (Peer Reviewed)

  • “A Theoretical Framework for Demystifying the Causes of Dysfunction and Disorder in the Chinese Market Economy: a Weberian Perspective”, Jim H. Shen, X. Liu, Fudan Journal of the Humanities and Social Sciences (CSSCI), 1-17, 2017 (Lead Article)
  • “Demystifying the Smiling Curve in a Buyer-Driven Global Supply Chain -an O-Ring Theory Perspective”, Jim H. Shen, Modern Management Forum 1 (1), 2017

Publications

  • “Rise of ‘Red Zaibatsu’ in China: Entrenchment and Expansion of Large State-Owned Enterprises, 1990-2016”, (Revise and Re-submit from Journal of Economic Policy Reform (SSCI)), Jim H. Shen, L. Fang, K. Deng, 2017, Working Paper Series at Department of Economic History, London School of Economics and Political Science
  • “Toward a Unified Theory of Economic Reform”, (Revise and Re-submit from Structural Change and Economic Dynamics Journal (SSCI)), Jim H. Shen, X. Liu, J. Zhang, 2017, Working Paper Series at Department of Economics, SOAS, University of London

Submitted Working Paper:

  • “Low Level Equilibrium Trap: How Maoism Really Worked, 1950-1980”, K. Deng, Jim H. Shen, 2018
    SSRN Working Paper Series: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3216787
  • “Does Non-linear Pricing Work?- Evidences from Residential Water Consumption in GuangDong Province”, D. Zhao, Jim H. Shen, C-C. Lee, 2017, SSRN Working Paper Series: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3066781
  • “Re-Evaluating the ‘Smile Curve’ in Relation to Outsourcing Industrialization”, Jim H. Shen, L. Fang, K. Deng, 2016, SSRN Working Paper Series: https://ssrn.com/abstract=2878762
  • “Endowment Structure, Property Rights and Reforms of Large State-Owned Enterprises in China - Past, Present and Future”, X. Liu, Jim H. Shen, K. Deng, 2016, LSE Economic History Working Paper Series: http://eprints.lse.ac.uk/67019/1/WP244.pdf, http://www.lse.ac.uk/economicHistory/workingPapers/2016/WP244.pdf
  • “What Causes the Partial Reforms Equilibrium of Mega-SOEs in China? - A Nash Bargaining Approach”, Jim H. Shen, F. Lei, J. Zhang, G. Jefferson, 2017, SSRN Working Paper Series: https://papers.ssrn..com/sol3/papers.cfm?abstract_id=2884174
  • “What Have Caused the Disorders in China's Market Economy? A Moral and Cultural Analysis Framework in Comparative Perspectives”, Jim H. Shen, 2017, SSRN Working Paper Series: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3088649
  • “Endowment Structure, Industry Dynamics and Vertical Production Structure in China - Theory and Evidence”, Jim H. Shen, L. Shen, J. Zhang, 2018, SSRN Working Paper Series: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3239089
  • “Power Decentralization, Strategic Policy Burdens and Reforms of Large State-Owned Enterprises in China - Theory and Evidence”, Jim H. Shen, L. Fang, J. Zhang, 2018


SSRN Working Paper Series: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3275817

  • “A Bilateral Monopoly Model of Profit Sharing along the Global Supply Chains”’, Jim H. Shen, P. Scaramozzino, Forum for Research in Empirical International Trade Working Paper Series, 2017
  • “A Simple Model of Industrial Upgrading in Global Supply Chains - A Smiling Curve Perspective”, X. Liu, Jim H. Shen, P.C.Y. Chow, 2016, SSRN Working Paper Series: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2864895
  • “Understanding the Tendency of over Capital-Intensiveness of Mega-SOEs in China – A Theoretical Approach”, X. Liu, Jim H. Shen, K. Deng, 2018, SSRN Working Paper Series: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3170982
  • “ A Critical Review of the Emergence of Sequential Production as a New Pattern in Global Trade - A Survey of Literature in the Past Half-Century”, Jim H. Shen, 2014
  • “A Contracting Approach to the Divisions of the Gains in Global Supply Chains - Theory, Evidence and Implications”, Jim H. Shen, L. Fang, J. Zhang, 2018, SSRN Working Paper Series: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3117661
  • “Toward a Theory of Chinese Qian Rules - An Institutional Economics Perspective”, M. Bi., Jim H., Shen, M. Khan, 2018, SSRN Working Paper Series: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3165560
  • “An Inquiry into the Division of the Gains in Global High-Tech Supply Chains - Theory and Evidence”, Jim H. Shen, S. Tang, P. Chow, 2018, SSRN Working Paper Series: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3142938
  • “Toward a Theory of Rent-Seeking and Structural Reforms”, Jim H. Shen, J. Zhang, W. T. Woo, 2018, SSRN Working Paper Series: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3266876

Conferences

  • Hong Kong University of Science and Technology, ICCS Meeting, 25th – 26th June, 2018
  • YunNan university, Conference on “Enterprise Growth and Economic Development in Western China”, 24th June, 2018
  • International Econometric Society (China Meeting), Fudan University, 15th – 17th June, 2018
  • Weekly seminars held by the School of Resources and Economics at Beijing Normal University, 3rd June 2018
  • Conference on “Development and Governance” organized by the Department of Sociology, Peking University and the Chinese
    Social Governance and Economic Development Research Center, Peking University, 28th – 29th May, 2018
  • Xiamen University, Conference on “Economic Analysis of Institutions”, 19th – 22nd May, 2018
  • China Economist Society, North America Conference, held at the University of Georgia, Athens, Georgia, April 5th – 7th, 2018

Affiliations

  • Research Member, Contemporary SOE Research Institute, Tsinghua University

Teaching

  • Microeconomic Analysis
  • Econometric principles and data analysis
  • Quantitative Methods for Economists
  • Corporate Finance
  • Financial Strategy 
  • Managerial Economics

Research

  • Development Economics
  • Industrial Organization
  • Organizational Economics
  • Economics of Transition
  • International Trade
  • Chinese economy

Publications

The source of publications is currently unavailable or does not comply with formatting requirements.