Professor, UCSC Economics
Current Teaching:Economics 149: The Economies of East and Southeast Asia
Economics 240C: Ph.D. International Trade Theory III
Economics 1: Introductory Microeconomics
Current Research:K.C. Fung is a co-founder of SCCIE. His research areas are in international trade, multinational corporations, the WTO and the economics of the Asia/Pacific. He has done influential work on trade and network, trade policies under imperfect competition and the Japanese keiretsu. He has also made substantial contributions to the international economics of China. His work includes the correct measurement of the U.S.-China bilateral trade balance, trade and investment relationships between China and other Pacific economies such as the United States, Japan, Korea, Taiwan and Hong Kong. Fung was a senior economist at the White House Council of Economic Advisors in both the Bush and Clinton administrations and received a letter of commendation from the President. He was a consultant to the World Bank, the World Trade Organization (WTO) and the Asian Development Bank Institute (ADBI). He was a U.S. government delegate to the OECD and an advisor and academic collaborator at the US International Trade Commission (USITC). He partnered with the WTO and trained senior government officials from thirty-one countries. He also provided management training to senior executives associated with Alcatel and UTStarcom. He was a Visiting Professor at Stanford University, the University of Wisconsin-Madison, and the University of Hong Kong. At Stanford, he taught a Ph.D. course on trade theory. He was a visiting scholar at the University of Tokyo (Japan), Bruegel (Brussels), Tilburg University (Netherlands) and Chung Hua Institution of Economic Research (Taiwan). He is also a Senior Research Fellow at the Hong Kong Institute of Economics and Business Strategy (HIEBS) and an Associate Director of the Hong Kong Centre for Economic Research (HKCER).
Selected Publications:Fung, K.C. (with Alan Siu)," Political Economy of Service Trade Liberalization and the Doha Round," Pacific Economic Review, forthcoming, 2008.
Fung K.C. (with Andrea M. Maechler)," Trade Liberalization and the Environment: The Case of Intra-Industry Trade," Journal of International Trade and Economic Development, v.16, No.1, pp.53-69, March 2007.
Fung, K.C. (with Robert E. Baldwin and Alan Siu) “Introduction: Economics of The Doha Round and the WTO,” Pacific Economic Review, Guest Editors: Robert E. Baldwin, K.C. Fung and Alan Siu, 12:3, pp.249-252, 2007.
Fung, K.C. (with Alicia Garcia-Herrero, Hitomi Iizaka and Alan Siu) "Hard or Soft? Institutional Reforms and Infrastructure Spending as Determinants of Foreign Direct Investment in China," Japanese Economic Review, Vol. 56, No.4, pp.408-416, 2005.
Fung, K.C. (with Andrea M. Maechler) "The Impact of Intra-Industry Trade on the Environment," in WTO and World Trade: Challenges in a New Era, ed. Gunter S. Heiduk and Kar-Yiu Wong, Physica-Verlag, Heidelberg: Germany, 2005.
Fung, K.C. (with Hitomi Iizaka, Chelsea C. Lin and Francis Ng) "Multilateral Trade Negotiations in the GATT and the WTO: Lessons for Asia," Asian Economic Papers, V.3 Issue 2, pp.79-96, Spring/Summer 2004.
Fung, K.C. (with Lawrence J. Lau and Joseph Lee). U.S. Direct Investment in China, AEI Press, American Enterprise Institute for Public Policy Research, Washington, D.C., with Foreword by George P. Shultz, former U.S. Secretary of State, 2004.
Fung, K.C. (with Hitomi Iizaka and Stephen Parker). "Determinants of U.S. and Japanese Direct Investment in China," Journal of Comparative Economics, 30, 567-578, 2002.
Fung, K.C. (with Lawrence J. Lau). "New Estimates of the United States-China Bilateral Trade Balances," Journal of the Japanese and International Economies, 15, 102-130, 2001.
Fung, K.C. (with Robert Staiger). "Trade Liberalization and Trade Adjustment Assistance," in The New Transatlantic Economy, ed. M.B. Canzoneri, W.J. Ethier, and V. Grilli, CEPR Conference Volume, Cambridge University Press, 265-286, 1996.