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Larry Dongxiao Qiu
Chung Hon-Dak Professor in Economic Development
Office:KK 920

Larry Qiu obtained his Bachelor of Science (Math) degree in 1983 from Zhongshan University, China, Master of Arts (Economics) degree in 1989 and PhD (Economics) degree in 1993 from University of British Columbia, Canada. He then joined Hong Kong University of Science and Technology in 1993 as an assistant professor and later became an associate professor and professor there. He moved to the University of Hong Kong in January 2008 as a professor.


Larry's research covers a wide range of topics, with focuses on industrial organization, international trade and foreign direct investment (FDI). In the field of industrial organization, he is interested in issues such as R&D and M&As. In the field of international trade, he has studied the optimal design of strategic trade policies, the impacts of intellectual property right (IPR) protection on international trade, and the impacts of environment policies on technology transfer. In the field of FDI, he analyzes cross-border M&As, strategic alliances and technology transfer. He has also done some research on China's foreign trade and FDI. He has published extensively in international journals and books.


Larry has taught a variety of courses at all levels (undergraduate, master, MBA, EMBA, PhD and as well as executive training) and in many places including China, Hong Kong and Portugal. Examples of his courses include globalization, international trade and finance, China's industry analysis, and foreign trade and investment in China.


Larry's research has received a number of research grants from the HKSAR Government. He has done some consultant projects for the HKSAR Government and Asia Development Bank.


  • "Merger waves: A model of endogenous mergers,"
    (with Wen Zhou), Rand Journal of Economics, 30(1), Spring 2007, pp.214-226.
  • "A general equilibrium analysis of software development: Copyright protection and contract enforcement,"
    European Economic Review, 50(7), October 2006, pp.1661-1682.
  • "International mergers: Incentives and welfare,"
    (with Wen Zhou), Journal of International Economics, 68, January 2006, pp.38-58.
  • "Technology transfer, foreign direct investment, and international trade: A Ricardian approach,"
    (with Leonard Cheng and Guofu Tan), Journal of Development Economics, 77(2), August 2005, pp.477-501.
  • "The North’s intellectual property rights standard for the South?,"
    (with Edwin Lai), Journal of International Economics, vol. 59, 2003, pp.183-209, reprint in Keith E. Maskus (eds) The WTO, Intellectual Property Rights and the Knowledge Economy, (Cheltenham UK: Edward Elgar Publishing, Volume 1 in the Series Critical Perspectives on the Global Trading System), 2004.
  • "Keiretsu and relationship-specific investment: A barrier to trade?,"
    (with Barbara Spencer), NBER Working Paper #7572, International Economic Review, vol. 42(4), 2001, pp.871-901.
  • "Anti-dumping measures as a tool of protectionism: A mechanism design approach,"
    (with Leonard Cheng and Keith Wong), Canadian Journal of Economics, vol. 34(3), 2001, pp.639-660.
  • "Policy on international R&D cooperation: subsidy or tax?,"
    (with Zhigang Tao), European Economic Review, vol. 42, 1998, pp.1727-1750.
  • "On the dynamic efficiency of Bertrand and Cournot equilibria,"
    Journal of Economic Theory, vol. 75(1), 1997, pp.213-229.
  • "Optimal strategic trade policy under asymmetric information,"
    Journal of International Economics, vol. 36, 1994, pp.333-354.