Yimin Zhang


Personal Data


Date of birth:              May 1, 1954

Place of birth:              Shanghai, China

Current address:          China Europe International Business School (CEIBS)

                                    699 Hongfeng Road, Pudong, Shanghai

                                    P.R.China 201206


Telephone:                   (8621) 2890-5609

Fax:                             (8621) 2890-5620





B.Sc.   Mathematics and Mechanical Engineering     (1980)

Harbin Naval Engineering Institute, Harbin, China


M.Sc.   Management Science and Computer Science (1983)

Jiaotong University, Shanghai, China (joint program with Wharton School, University of Pennsylvania)


Ph.D.   Finance and Policy                                          (1989)

Faculty of Commerce, University of British Columbia, Canada


Work Experiences:


Post-doctoral Fellow

Faculty of Commerce, University of British Columbia, Canada

October 1989 - June 1991


Assistant/Associate Professor

Faculty of Business, University of New Brunswick, Saint John, Canada

July 1991 - June 1997


Associate Professor

Department of Economics and Finance, City University of Hong Kong

July 1997 - August 2004


            Professor         China Europe International Business School, Shanghai

                                    September 2004 - present




Papers in refereed journals


1990. "Airport Pricing: Congestion Tolls, Lumpy Investment and Cost Recovery", Journal of Public Economics 43: 353-374.  (With T.H. Oum)


1991. "A Note on Capacity Utilization and Measurement of Scale Economies", Journal of Business and Economic Statistics 9: 119-123.  (With T.H. Oum and M.W. Tretheway)


1991. "Utilization of Quasi-fixed Inputs and Estimation of Cost Functions: An Application to Airline Costs", Journal of Transport Economics and Policy (May): 121-134.  (With T.H. Oum)


1992. "The Structural Implications of Technological Change in the Manufacturing Sector",  Journal of Productivity Analysis 3: 381-399.  (With M.D. Levi)


1993. "Interfirm Rivalry and Firm-specific Demand in the Deregulated Airline Markets", Journal of Transport Economics and Policy (May): 171-192.  (With T.H. Oum and A. Zhang)


1994. "The Productivity Effects of the Liberalization of Japanese Telecommunication Policy", Journal of Productivity Analysis 5: 63-79.  (With H. Oniki, T.H. Oum and R. Stevenson)


1995. "Competition and Allocative Efficiency: The Case of the U.S. Telephone Industry", Review of Economics and Statistics 77:82-96.  (With T.H. Oum)


1995. "Airline Network Rivalry", Canadian Journal of Economics 28:836-857.  (With T.H. Oum and A. Zhang)


1996. "The Velocity Puzzle Revisited: The Effects of the Housing and Stock Markets", Journal of Economics and Business 48:23-32.  (With M.D. Levi and I. Venezia)


1996. “A Note on Optimal Airport Pricing in a Hub-and-Spoke System”, Transportation Research, B 30:11-18.  (With T.H. Oum and A. Zhang)


1996. “Stability of Cournot-Nash Equilibrium: The Multiproduct Case”, Journal of Mathematical Economics 26: 441-462.  (With A. Zhang)


1997. “A Note on Scale Economies in Transport”, Journal of Transport Economics and Policy, 31:309-315.  (With T.H. Oum)


1997. “Concession Revenue and Optimal Airport Pricing”, Transportation Research, E, 33: 287-296.  (With A. Zhang)



1998. “An Analysis of Import Protection as Export Promotion under Economies of Scale”, Japan and the World Economy 10: 199-219.  (With A. Zhang)


2000.  "Optimal Demand for Operating Lease of Aircraft", Transportation Research, B 34:17-29.  (With T.H. Oum and A. Zhang)


2000.  "Socially Optimal Capacity and Capital Structure in Oligopoly: The Case of the Airline Industry", Journal of Transport Economics and Policy 34(Jan): 55-68.  (With T.H. Oum and A. Zhang)


2000. "Allocative Efficiency and Social Value of the Aircraft Leasing Industry", International Journal of Transport Economics 27: 131-145.  (With T.H. Oum and A. Zhang)


2001.  “Airport Charges, Economic Growth, and Cost Recovery”, Transportation Research, E.  37: 25-33.  (With A. Zhang)


2001.      “Airport Charges and Cost Recovery: The Long-Run View”, Journal of Air Transport Management 7: 75-78.  (With A. Zhang)


2001.   “Impact of Ownership and Competition on the Productivity of Chinese Enterprises”, Journal of Comparative Economics 29: 327-346.  (With A. Zhang and R. Zhao)


2001.   “A Model of Scheduling in Airline Networks: How a Hub-and-Spoke System Affects Flight Frequency, Fares and Welfare”, Journal of Transport Economics and Policy, 35(2): 195-222. (With Jan K. Brueckner)


2001. “Analytical Models of International Alliances in the Airline Industry”, Transportation Research, B 35: 865-886.  (With J.H. Park and A. Zhang)


2001.      “Recent Studies on Some Key Issues in International Air Transport”, Transport Policy, 8(3):167-169.  (With T.H. Oum)


2002.      “Profitability and Productivity of Chinese Industrial Firms: Measurement and Ownership Implications”, China Economic Review 13: 65-88.  (With A. Zhang and R. Zhao)


2002.   “A Model of Air Cargo Liberalization: Passenger vs. All-Cargo Carriers”, Transportation Research, E 38: 175-191.  (with A. Zhang)


2002.   "Issues on Liberalization of Air Cargo Services in International Aviation," Journal of Air Transport Management, 8: 275-287. (with A. Zhang)


2003.   “Airport Charges and Capacity Expansion: Effects of Concession and Privatization”, Journal of Urban Economics, 53: 54-75. (with A. Zhang)


2003.   “Risk Under One Country and Two Systems: Evidence from Classes A, B, and H Shares of Chinese Listed Companies,” Review of Pacific Basin Financial Markets and Policies, 6: 179-197.  (with R. Zhao)


2003.   “A Study of the R&D Efficiency and Productivity of Chinese Firms,” Journal of Comparative Economics, 31: 444-464.  (with A. Zhang and R. Zhao)


2004.   “The Valuation Differential between Class A and Class B Shares: Country Risk in the Chinese Stock Market,” Journal of International Financial Management & Accounting, 15: 44-59.  (with R. Zhao)


2004.   “Tobin’s q and Airline Performances,” Public Works Management & Policy, 9: 51-65.  (with M.Z.F. Li, and T.H. Oum)


2004.   Alternative Forms of Economic Regulation and their Efficiency Implications for Airports,” Journal of Transport Economics and Policy, 38: 217-246.  (With T.H. Oum and A. Zhang)


2006.   “Rivalry between Strategic Alliances,” International Journal of Industrial Organization, 24: 287-301.  (with A. Zhang)


2006.   “Airport Capacity and Congestion When Carriers Have Market Power,” Journal of Urban Economics, 60: 229-247. (with A. Zhang)


2008.   “Airlines Seat Allocation Competition,” International Transactions in Operational Research, 15:439-459.  (With M. Li and A. Zhang)


2010.   “Airport Capacity and Congestion Pricing with both Aeronautical and Commercial Operations,” Transportation Research Part B, 44: 404-413.  (With A. Zhang).


2010.   “Network Structure and Capacity Requirement: The Case of China,” Transportation Research Part E, 46: 189-197.


2010.   “Profitability and Productivity of the Chinese Textile Industry,” China & World Economy, 18(5): 1-21. (With T. Wang)



Professional Development


            Editorial Board Member: Journal of Transport Economics and Policy


Attended Seminar/Conference:


2008    Presentation of paper “Network Structure and Capacity Requirement: The Case of China”, World Conference  of Air Transportation Research Society, July 6-10, Athens, Greece.


2009    Presentation of paper “Frequency, Schedule Delay, and Congestion”, World Conference of Air Transportation Research Society, June 27-30, Abu Dhabi, The UAE.


2009    Invited Speech “Air Transportation Liberalization in China”, ICAO Legal Seminar in Asia-Pacific, March 30-April 2, Seoul, Korea.


2010    Invited Speech “International Air Transport and Climate Change: From a Chinese Perspective”, The 5th ITPU International Seminar, University of Tokyo, February 2010, Tokyo.