Academic Profile : Faculty

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Assoc Prof James Ang
Associate Professor, School of Social Sciences
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James Ang is an Associate Professor of Economics at NTU. He holds a PhD in Economics from the Australian National University. Prior to joining NTU in 2014, he taught for several years at Monash University. His main area of research is Economic Growth.
His research has concentrated on how regions and countries can accelerate growth. It includes topics on innovative production, productivity trends, international diffusion of knowledge, human capital, quality of education, institutions, income inequality, financial development and liberalization, savings and investment, environmental pollution, and macroeconomic stability.

In particular, his research has focused on answering whether financial liberalization has an enhancing or retarding effect, which endogenous frameworks can best explain growth experiences of developing economies, and whether credit constraints, educational achievement and international knowledge spillovers play a role in ensuring sustained growth. His most recent research investigates how early historical development can have a persistent impact on shaping current economic performance for nations.

[Recent Publications]

• “Wheat Agriculture and Family Ties” (with Per Fredriksson) European Economic Review, accepted.
• “Statehood Experience, Legal Traditions and Climate Change Policies” (with Per Fredriksson) Economic Inquiry 55(3), 2017, pp. 1511-1537.
• “Finance-led Growth in the OECD since the 19th Century: How Does Financial Development Transmit to Growth?” (with J Madsen) Review of Economics & Statistics 98(3), 2016, pp. 552-572
• “Agricultural Transition and the Adoption of Primitive Technology” Economic Inquiry 53(4), 2015, pp. 1818–1838
• “What Drives the Historical Formation and Persistent Development of Territorial States?” Scandinavian Journal of Economics 117(4), 2015, pp. 1134–1175
• “What Drives Ideas Production across the World?” (with J Madsen) Macroeconomic Dynamics 19(1), 2015, pp. 79-115
• “Imitation versus Innovation in an Aging Society: International Evidence since 1870” (with J Madsen) Journal of Population Economics 28(2), 2015, pp. 299-327
• “Export Performance of the Asian Miracle Economies: The Role of Innovation and Product Variety” (with J Madsen & P Robertson) Canadian Journal of Economics 48(1), 2015, pp. 273-309
• “Innovation and Financial Liberalization” Journal of Banking & Finance 47, 2014, pp. 214-229
• “Quality-adjusted Human Capital and Productivity Growth” (with J Madsen & M Islam) Economic Inquiry 52(2), 2014, pp. 757-777
• “Financial Development and Barriers to the Cross-border Diffusion of Financial Innovation” (with S Kumar) Journal of Banking & Finance 39, 2014, pp. 43-56
• “Are Modern Financial Systems Shaped by State Antiquity?” Journal of Banking & Finance 37(11), 2013, pp. 4038-4058
• “Institutions and the Long-run Impact of Early Development” Journal of Development Economics 105, 2013, pp. 1-18 [Lead Article]
• “International R&D Spillovers and Productivity Trends in the Asian Miracle Economies” (with J Madsen) Economic Inquiry 51(2), 2013, pp. 1523-1541
  • The Mobilization Effect of Campaign Rallies: Evidence from the US Presidential Elections