Bihong Huang, Research Fellow
Joined the Asian Development Bank Institute as a research fellow in February 2016.
Her research interests include environment, development, and financial economics. Her work has been published in books and refereed journals, including China Economic Review, Economic Modelling, Energy Economics, Global Economic Review, Journal of Banking and Finance, Journal of Corporate Finance, Review of Development Economics, and World Economy.
Previously, she was on the academic staff of Renmin University of China and University of Macau. She holds degrees in economics from Xiamen University (MA and BA) in China, and Nanyang Technological University (PhD) in Singapore.
With X. Chen and S. Li. The World Economy, forthcoming, online version available at
With M. Duygun, X. Qian, and L. H.K. Tam. Journal of Corporate Finance, forthcoming, online version available at
With J. Huang, X. Chen, and X. Yang. China Economic Review, 2017, Vol. 45: 289-309.
With X. Chen and D. Ye. Economic Modelling, forthcoming, available at
With X. Chen and S. Li. The World Economy, forthcoming, available at
With X. Chen. Energy Economics, 2016, Vol. 53: 230–237.
With Y. Lian and W. Li. China Economic Review, 2016, Vol. 37: 15–26.
With X. Gu and B. Dong. The World Economy, 2015, Vol. 38: 110–135.
With X. Gu, P. S. Tam and Y. Zhang. Review of Development Economics, 2015, Vol. 19: 15–30.
With V. Aivazian, X. Gu, and J. Qiu. Journal of Banking & Finance, 2015, Vol. 55: 380–392.
WithX. Gu. Review of Development Economics, 2014, Vol. 18: 502–516.
With K. Chen. China Economic Review, 2012, Vol. 23: 534–551.
With X. Gu. Economic Modelling, 2011, Vol. 28: 1050–1057.
Global Economic Review, 2008,Vol. 37: 497–506.
The People’s Republic of China (PRC) has reformed and opened up its economy for 4 decades. However, accompanying the country’s fast-growing gross domestic product (GDP) and trade sector, environmental degradation, such as deteriorating water quality, land deforestation, pollution, and frequent haze plagues, has attracted a great deal of attention.
Indonesia’s subsidized rice program, RASKIN (also known as Operasi Pasar Khusus), constitutes the longest running and the largest in-kind transfer for poor households in Indonesia. In 2010, government expenditure on RASKIN accounted for 53% of the total household-targeted social assistance.