Carol H. Shiue

Affiliated Faculty are not employees of the Center for Asian Studies. Please contact this faculty member at their home department.

Education

Ph.D., Economics, Yale University, 1999
B.S., Economics, Massachusetts Institute of Technology

Regional and Thematic Interests

Economic history of China, comparative world development, commodity, labor, and capital market integration

Profile

Carol H. Shiue is a professor whose research interests are in the economic history of market development and trade in China, the political economy of famine relief, and long-run comparisons of living standards. Another focus of her research is on kinship organization and social mobility. She frequently presents her research at top universities and conferences in the U.S. as well as overseas, and she has been a visiting scholar at the Russell Sage Foundation in New York City. Her research has been funded by the National Institutes of Health and the National Science Foundation, and her articles have been published or are forthcoming in the American Economic Review, Journal of Economic Growth, Journal of Economic History, Journal of Interdisciplinary History, Journal of Econometrics, and Review of Development Economics.

Selected Publications

“Foreign Trade and Investment,” (with Wolfgang Keller) Cambridge Economic History of China, 2 volumes, edited by Debin Ma and Richard von Glahn, Cambridge University Press, in press. 

“Capital Markets in China and England in the 18th and 19th Centuries: Evidence from Grain Price,s, (with Wolfgang Keller and Xin Wang) American Economic Journal: Applied Economics, July 2021, Vol 13(3), pages 31-64. 

“Real International Transactions,” (with Wolfgang Keller and Markus Lampe) Cambridge Economic History of the Modern World, 2 volumes, edited by Stephen Broadberry and Kyoji Fukao, Cambridge University Press, 2021. 

“Market Integration and Institutional Change,” (with Wolfgang Keller) Review of World Economics, Review of World Economics (Weltwirtschaftliches Archiv), May 2020, vol. 156(2), pages 251-285. 

“Capital Markets and Grain Prices: Assessing the Storage Cost Approach,” (with Wolfgang Keller and Xin Wang) Cliometrica, May 2020, vol. 14(2), pages 367-396. 

“Human Capital and Fertility in Chinese Clans Before Modern Growth,” Journal of Economic Growth, 2017, 22(4), 351-396. 

“China’s Domestic Trade During the Treaty Port Era,” Explorations in Economic History, January 2017, 63, pp. 26-43 (with Wolfgang Keller and Javier Andres Santiago.) 

“A Culture of Kinship: Chinese Genealogies as a Source for Research in Demographic Economics,” Journal of Demographic Economics, December 2016, 82(4) pp. 459-482. 

“The Endogenous Formation of Free Trade Agreements: Evidence from the Zollverein’s Impact on Market Integration,” (with Wolfgang Keller) Journal of Economic History, December 2014, 74(4) pp. 1168-1204. 

“Shanghai’s Trade, China’s Growth: Continuity, Recovery, and Change since the Opium War,” (with Wolfgang Keller and Ben Li) International Monetary Fund Economic Review, 2013, Vol. 61, pp. 336-378. 

“China’s Foreign Trade: Perspectives from the Past 150 Years,” (with Wolfgang Keller and Ben Li), The World Economy, June 2011, also published as NBER Working Paper 16550. 

“Markets in China and Europe on the Eve of the Industrial Revolution,” (with Wolfgang Keller) The American Economic Review, September 2007, 97(4.) pp. 1189-1216. 

“The Origins of Spatial Interaction: Evidence from Chinese Rice Markets, 1742-1795,” (with Wolfgang Keller) Journal of Econometrics, September 2007, 140(1) pp. 304-332. 

“Market Integration and Economic Development: A Long-run Comparison,” (with Wolfgang Keller) Review of Development Economics, February 2007, 11(1) pp. 107-123. 

“From Political Fragmentation towards a Custom Union: Border Effects of the German Zollverein, 1815-1855,” European Review of Economic History, August 2005, 9(2) pp 129-162. 

“The Political Economy of Famine Relief in China, 1740-1820,” Journal of Interdisciplinary History, Summer 2005, 36(1) pp. 33-55. 

“Local Granaries and Central Government Disaster Relief: Moral Hazard and Intergovernmental Finance in Eighteenth and Nineteenth Century China,” The Journal of Economic History, March 2004, 64(1) pp. 101-125. 

“Transport Costs and the Geography of Arbitrage in Eighteenth Century China,” The American Economic Review, December 2002, 92(5) pp. 1406-1419. 

“Comparing the Correlation Length of Grain Markets in China and France,” (with Bertrand M. Roehner) International Journal of Modern Physics C, October 2000, 11(7) pp. 1383-1410.