Fung, Michael Ka-yiu（馮嘉耀）

Biography

Prof. Michael Fung obtained his BSSc in Economics from The Chinese University of Hong Kong (CUHK) in 1985 and PhD in Economics from the University of Western Ontario in 1990. He joined CUHK Business School in 1991.

Prof. Fung is currently Professor in Business Economics, Co-Convenor of InnovationXBusiness@CUHK, and Executive Director of the Aviation Policy and Research Centre of CUHK Business School, and Director of the Programme for Economic Education of the Hong Kong Institute of Asia-Pacific Studies at CUHK.

His research expertise lies in air transportation, business economics, transportation economics, and Hong Kong economy. He has extensively published in international refereed journals on the above areas.

Prof. Fung has served on government committees and advisory bodies, including the Assessment Panel of Chief Executive’s Award for Teaching Excellence, the Assessment Panel of Policy Research Funding Schemes, the Aviation Development and Three-runway System Advisory Committee, the CDC-HKEAA Committee on Tourism and Hospitality Studies, the Solicitors Disciplinary Tribunal Panel, the Public Affairs Forum, the Air Transport Licensing Authority, and the Hong Kong Committee for Pacific Economic Cooperation.

Prof. Fung has actively engaged in management consultancy projects and policy research study. Clients included Education Bureau, Transport and Housing Bureau, Trade and Industry Department, Beijing Capital International Airport, CLP, Cathay Pacific Airways, Dragonair, China National Aviation Corporation, Zhuhai International Airport, DHL, FedEx, UPS and TNT.

Research Interest

Air Transportation
Business Economics
Transportation Economics
Hong Kong Economy

• Publications & Working Papers
  • Michael Ka-yiu Fung, Lap-kei Chow, and Pui-hang Wong (2011), 經濟@大學站 – 微觀篇.
  • Michael Ka-yiu Fung, Lap-kei Chow, and Pui-hang Wong (2011), 經濟@大學站 – 宏觀篇.
  • Jinli Zeng, Jie Zhang, and Michael Ka-yiu Fung (2014), “Patent Length and Price Regulation in An R&D Growth Model with Monopolistic Competition,” Macroeconomic Dynamics, 18, 1-22.
  • Clement Kong-wing Chow and Michael Ka-yiu Fung (2012), “Estimating Indices of Airport Productivity in Greater China,” Journal of Air Transport Management, 24, 12-17.
  • Clement Kong-wing Chow, Michael Ka-yiu Fung, Kevin C. K. Lam, and Heibatollah Sami (2012), “Investment Opportunity Set, Relationship Endowments and Business Policies of Private Enterprises in China,” Review of Quantitative Finance and Accounting, 38, 367-389.
  • Clement Kong-wing Chow and Michael Ka-yiu Fung (2012), “Measuring The Effects of China’s Airline Mergers on The Productivity of State-Owned Carriers,” Journal of Air Transport Management, 25, 1-4.
  • Kevin Cullinane, Michael Firth, Michael Ka-yiu Fung, Stephen X. H. Gong, Japhet Sebastian Law, and Anming Zhang (2011), “Development of Air Transport Industry in the Asia-Pacific Region,” Pacific Economic Review, 16(1), 42-46.
  • Michael Ka-yiu Fung and Clement Kong-wing Chow (2011), “Note on Productivity Convergence of Airports in China,” Pacific Economic Review, 16(1), 120-133.
  • Clement Kong-wing Chow, Michael Ka-yiu Fung, and Japhet Sebastian Law (2010), “Estimating Technical Efficiencies of Airports in the Greater China: Stochastic Output Distance Function Method vs Data Envelopment Analysis Method,” International Journal of Shipping and Transport Logistics, 2(3), 284-299.
  • Jeff Hoi-yan Yeung, Waiman Cheung, Michael Ka-yiu Fung, Xiande Zhao, and Min Zhang (2010), “The air cargo and express industry in Hong Kong: economic contribution and competitiveness,”International Journal of Shipping and Transport Logistics, 2(3), 321-345
  • Clement Kong-wing Chow and Michael Ka-yiu Fung (2009), “Efficiencies and scope economies of Chinese airports in moving passengers and cargo,” Journal of Air Transport Management, 15(6), 324-329.
  • Michael Ka-yiu Fung, Clement Kong-wing Chow, Yer Van Hui, and Japhet Sebastian Law (2008), “Measuring the Efficiency of Airports in China with the DEA and Endogenous-Weight TFP Methods,” International Journal of Transport, 35, 45-81.
  • Michael Ka-yiu Fung, Ken Wan, Yer Van Hui, and Japhet Sebastian Law (2008), “Productivity Changes of Chinese Airports: 1995 – 2004,” Transportation Research Part E, 44, 521-541.
  • Michael Ka-yiu Fung and Lap-kei Chow (2006), 實用經濟名詞90條.
  • Michael Ka-yiu Fung, Japhet Sebastian Law, and Louise Wing Kam Ng (2006), “Economic Contribution to Hong Kong of the Aviation Sector,” The Chinese Economy, 39(6), 19-38.
  • Michael Ka-yiu Fung and Lap-kei Chow (2005), “Contribution of aviation industry to economy – Evaluation of Macau’s potentials through over-viewing Hong Kong’s experience,” Journal of Macau Civil Aviation (創刊號), 56-80.
  • Michael Ka-yiu Fung, Wai-ming Ho, and Lijing Zhu (2005), “Financial Liberalisation and Economic Growth: A Theoretical Analysis of the Transforming Chinese Economy,” Pacific Economic Review, 10(1), 125-148.
  • Michael Ka-yiu Fung and Lap-kei Chow (2005), “Growth potentials of Macau’s aviation industry,” Journal of Macau Civil Aviation, 1(2), 1-25.
  • Michael Ka-yiu Fung, Anming Zhang, Lawrence C. Leung, and Japhet Sebastian Law (2005), “The Air Cargo Industry in China: Implications of Globalisation and WTO Accession,” Transportation Journal, 44(4), 44-62.
  • Michael Ka-yiu Fung, Clement K. Chow, Lap-kei Chow, Francis Kwok-hung Cheung, Michael C. Leung (2004), A Report on the Survey of the Cost Competitiveness of Hong Kong Business.
  • K Clement Chow, Michael Ka-yiu Fung, and Hang-yue Ngo (2001), “Consumption patterns of entrepreneurs in the People’s Republic of China,” Journal of Business Research, 52(2), 189-202.
  • Leo Yat-ming Sin, Johnny Chun Cheong Wan, and Michael Ka-yiu Fung (2001), Corporate Strategy: The Art of Managing Competition.
  • Michael Ka-yiu Fung, Wai-ming Ho, and Lijing Zhu (2001), “Macroeconomic Control in the Transforming Chinese Economy: An Analysis of Long Run Effect,” Pacific Economic Review, 6(1), 55-88.
  • Leo Yat-ming Sin, Johnny Chun-cheong Wan, and Michael Ka-yiu Fung (2000), “Corporate Strategy: The Art of Managing Competition“.
  • Clement Kong-wing Chow and Michael Ka-yiu Fung (2000), “Small Business and Liquidity Constraints in Financing Business Investment: Evidence from Shanghai’s Manufacturing Sector,” Journal of Business Venturing, 15, 363-383.
  • Michael Ka-yiu Fung, Wai-ming Ho, and Lijing Zhu (2000), “Stagflationary Effects of Debt Finance in the Transforming Chinese Economy,” Journal of Development Economics, 61, 111-135.
  • Michael Ka-yiu Fung, Wai-ming Ho, and Lijing Zhu (2000), “The Impact of Credit Control and Interest Rate Adjustment on the Transforming Chinese Economy,” Journal of Comparative Economics, 28, 293-320.