Journal Papers
| 2. | Vo Phuong Mai Le, Kent Matthews, David Meenagh, Patrick Minford, and Zhiguo Xiao. 2022. Regulatory arbitrage, shadow banking and monetary policy in China. Journal of International Financial Markets, Institutions and Money 80 1-13. |
| 3. | Dazhong Cheng, Jian Wang, and Zhiguo Xiao. 2022. Free trade agreements partnership and value chain linkages: Evidence from China. The World Economy 45(8) 2532-2559. |
| 4. | Vo Phuong Mai Le, Kent Matthews, David Meenagh, Patrick Minford, and Zhiguo Xiao. 2021. China's market economy, shadow banking and the frequency of growth slowdown. Manchester School 89(5) 420-444. |
| 5. | Vo Phuong Mai Le, Kent Matthews, David Meenagh, Patrick Minford, and Zhiguo Xiao. 2021. Shadow banks, banking policies and China's macroeconomic fluctuations. Journal of International Money and Finance 116 1-16. |
| 6. | Jie Mao, Shiping Tang, Zhiguo Xiao, and Qiang Zhi. 2021. Industrial policy intensity, technological change, and productivity growth: Evidence from China. Research Policy 50(7) 1-17. |
| 7. | Dazhong Cheng and Zhiguo Xiao. 2021. Producer services and productivity: a global value chain perspective. Review of Income and Wealth 67(2) 418-444. |
| 8. | Dazhong Cheng, Jian Wang, and Zhiguo Xiao. 2021. Global value chain and growth convergence: Applied especially to China. Pacific Economic Review 26(2) 161-182. |
| 9. | Zhiguo Xiao. 2020. efficient gmm estimation with singular system of moment conditions. Statistical Theory and Related Fields 4(2) 172-178. ![]() |
| 10. | Kent Matthews and Zhiguo Xiao. 2020. Rational cost inefficiency and convergence in chinese banks. Economic Modelling 91 696–704. ![]() |
| 11. | Ji Chen, Fang Fang, and Zhiguo Xiao. 2018. Semiparametric inference for estimating equations with nonignorably missing covariates. Journal of Nonparametric Statistics 30(3) 796-812. |
| 12. | Ting Luo and Zhiguo Xiao. 2015. Selective disclosure associated with institutional investors: Evidence based on Chinese stock market. Annals of Economics and Finance 16(2) 515-542. |
| 13. | Gangshu (George) Cai, Xiangfeng Chen, and Zhiguo Xiao. 2014. The roles of bank and trade credits:Theoretical analysis and empirical evidence. Production and Operations Management 23(4) 583-598. |
| 14. | Vo Phuong Mai Le, Kent Matthews, David Meenagh, Patrick Minford, and Zhiguo Xiao. 2014. Banking and the macroeconomy in China: A banking crisis deferred?. Open Economies Review 25(1) 123-161. |
| 15. | Zhiyong Yao and Zhiguo Xiao. 2013. A note on sequential auctions with multi-unit demand. Mathematical Social Sciences 66(3) 276-281. |
| 16. | Yunwen Ren, Zhiguo Xiao, and Xinsheng Zhang. 2013. Two-step adaptive model selection for vector autoregressive processes. Journal of Multivariate Analysis 116 349-364. |
| 17. | Xiao, Zhiguo. 2011. Efficient estimation of moment condition models with heterogenous populations. Annals of Economics and Finance 12(1) 89-107. |
| 18. | Shao, Jun, Zhiguo Xiao, and Ruifeng Xu. 2011. Estimation with Unbalanced Panel Data Having Covariate Measurement Error. Journal of Statistical Planning and Inference 141(2) 800-808. |
| 19. | Zhiguo Xiao, Jun Shao, Mari Palta. 2010. Instrumental Variable and GMM Estimation for Panel Data with Measurement Error. Statistica Sinica 20(4) 1725-1747. |
| 20. | Zhiguo Xiao. 2010. The Weighted Method of Moments Approach for Moment Condition Models. Economics Letters 107(2) 183-186. |
| 21. | Zhiguo Xiao, Jun Shao, Mari Palta. 2010. GMM in Linear Regression for Longitudinal Data with Multiple Covariates Measured with Error. Journal of Applied Statistics 37(5) 791-805. |
| 22. | Zhiguo Xiao, Jun Shao, Ruifeng Xu, Mari Palta. 2007. Efficiency of GMM Estimation in Panel Data Models with Measurement Error. Sankhya:The Indian Journal of Statistics vol.69(1) 101-118. |
| 23. | 肖志国. 2022. Global value chain reconfiguration: Is reshoring an optimal strategy?. Front of Thought and Theory 38(1) 128-137. (in Chinese) |
| 24. | Qian, Haiyan, Zhiguo Xiao, Kan Chen, and Yan Ding. 2012. Differences in teachers’ and students’ perceptions of quality teaching: An analysis based on a massive survey conducted at Fudan University. Fudan Education Forum 10(4) 31-35. (in Chinese) |
| 25. | Chu, Rongwei, Zhiguo Xiao, and Xiaodong Zhang. 2012. Concept of urban integration of Chinese migrant workers and its effect on perceived relationship: A survey in Shanghai. Journal of Public Management 9(1) 44-51,124. (in Chinese) |
Chapters in Books
Zhiguo Xiao, 2020. An Analysis of Benefits Received by Different Economies during Global Value Chains Expansion. In: Xinkui Wang (Eds), Reform of WTO and the new Trend of Economic Globalization. Shanghai People's Publishing House, pp. 9-24
Translated Works
Zhiguo Xiao, Deyuan Li, Guoyou Qin, and Zhongyi Zhu, Causal Inference in Statistics, Social, and Biomedical Sciences: An Introduction,Shanghai,Gezhi Publishing House, Shanghai Sanlian Bookstore, Shanghai People's Publishing House,2025.07 (in Chinese)
Research Projects
2023.12—2024.11, Principal Investigator, Dynamic Tracing of Global Value Chain Restructuring, Shanghai WTO Affairs Consultation Center
2023.01—2027.12, Special project principal, The Innovation of Operation Management and Business Model in The Digital Intelligence Era, National Natural Science Foundation of China
2021.05—2021.11, Principal Investigator, Major Events and Shanghai's International Trade: Empirical Analysis and Policy Recommendations, Shanghai Municipal Development and Reform Commission
2020.12—2021.11, Principal Investigator, The Microfoundation of Global Value Chains Reconfiguration, Shanghai WTO Affairs Consultation Center
2020.10—2021.01, Principal Investigator, Anlaysis and Projection of Shanghai International Trade in 2020-2021 with Policy Recommendations, Shanghai Municipal Development and Reform Commission
2018.12—2019.06, Principal Investigator, The Rebalancing of Globalization – A Perspective from the Global Value Chains Division of Labor, Shanghai WTO Affairs Consultation Center
2017.01—2019.12, Principal Investigator, Shadow Banking and the Chinese Economy: A Micro to Macro Modelling Framework, National Natural Science Foundation of China (NSFC) and the Economic and Social Research Council (ESRC)
2016.09—2017.07, Principal Investigator, The Expansion of Global Value Chain: Analysis from Regional, National and Sectoral Aspects, Shanghai WTO Affairs Consultation Center
2015.01—2018.12, Principal Investigator, An Economic Assessment of China's Joining TPP Based on CGE Models with Tariff Equivalents of Non-tariff Measures , National Natural Science Foundation of China
2014.01—2015.12, Principal Investigator, 2014-2015 Global Value Chain Development Report, Ministry of Commmerce and Shanghai Municipal Government
2013.09—2015.02, Principal Investigator, Bingzhi Information System Comprehensive Service Platform for Cloud Computing, Suzhou Bingzhi Information Technology Company, Ltd.
2013.01—2016.12, Member, Multi-Channel Integration, Product Design and Pricing Mechanism in the O2O E-Business Model, National Natural Science Foundation of China
2012.12—2015.12, Principal Investigator, Financial Constraint and Investment-Cash Flow Sensitivity: An Investigation Based On Panel Data Models with Measurement Error, Scientific Research Foundation for the Returned Overseas Chinese Scholars, State Education Ministry
2012.11—2013.08, Principal Investigator, China's New International Trade and Investment Strategy Under Globalization-Technical Support: Development, Application and Maintenance of Supporting Database and Analytical System, Shanghai Municipal Commission of Policy Consulting
2012.01—2015.12, Member, Regression Model in Spatial Extremes and its Application , National Natural Science Foundation of China
2011.01—2013.12, Principal Investigator, Generalized Method of Moments Estimation of Panel Data with Measurement Error and Applications, National Natural Science Foundation of China
2010.07—2011.01, Member, Research on Customers’ Segments and Service Improvement Strategy, Shanghai Municipal Electric Power Company
2010.01—2012.12, Member, A Theoretical Framework of Risk Perceptions on Food-safety Related Crises and Its Application in China, National Natural Science Foundation of China
Journal Papers
| 2. | Vo Phuong Mai Le, Kent Matthews, David Meenagh, Patrick Minford, and Zhiguo Xiao. 2022. Regulatory arbitrage, shadow banking and monetary policy in China. Journal of International Financial Markets, Institutions and Money 80 1-13. |
| 3. | Dazhong Cheng, Jian Wang, and Zhiguo Xiao. 2022. Free trade agreements partnership and value chain linkages: Evidence from China. The World Economy 45(8) 2532-2559. |
| 4. | Vo Phuong Mai Le, Kent Matthews, David Meenagh, Patrick Minford, and Zhiguo Xiao. 2021. China's market economy, shadow banking and the frequency of growth slowdown. Manchester School 89(5) 420-444. |
| 5. | Vo Phuong Mai Le, Kent Matthews, David Meenagh, Patrick Minford, and Zhiguo Xiao. 2021. Shadow banks, banking policies and China's macroeconomic fluctuations. Journal of International Money and Finance 116 1-16. |
| 6. | Jie Mao, Shiping Tang, Zhiguo Xiao, and Qiang Zhi. 2021. Industrial policy intensity, technological change, and productivity growth: Evidence from China. Research Policy 50(7) 1-17. |
| 7. | Dazhong Cheng and Zhiguo Xiao. 2021. Producer services and productivity: a global value chain perspective. Review of Income and Wealth 67(2) 418-444. |
| 8. | Dazhong Cheng, Jian Wang, and Zhiguo Xiao. 2021. Global value chain and growth convergence: Applied especially to China. Pacific Economic Review 26(2) 161-182. |
| 9. | Zhiguo Xiao. 2020. efficient gmm estimation with singular system of moment conditions. Statistical Theory and Related Fields 4(2) 172-178. ![]() |
| 10. | Kent Matthews and Zhiguo Xiao. 2020. Rational cost inefficiency and convergence in chinese banks. Economic Modelling 91 696–704. ![]() |
| 11. | Ji Chen, Fang Fang, and Zhiguo Xiao. 2018. Semiparametric inference for estimating equations with nonignorably missing covariates. Journal of Nonparametric Statistics 30(3) 796-812. |
| 12. | Ting Luo and Zhiguo Xiao. 2015. Selective disclosure associated with institutional investors: Evidence based on Chinese stock market. Annals of Economics and Finance 16(2) 515-542. |
| 13. | Gangshu (George) Cai, Xiangfeng Chen, and Zhiguo Xiao. 2014. The roles of bank and trade credits:Theoretical analysis and empirical evidence. Production and Operations Management 23(4) 583-598. |
| 14. | Vo Phuong Mai Le, Kent Matthews, David Meenagh, Patrick Minford, and Zhiguo Xiao. 2014. Banking and the macroeconomy in China: A banking crisis deferred?. Open Economies Review 25(1) 123-161. |
| 15. | Zhiyong Yao and Zhiguo Xiao. 2013. A note on sequential auctions with multi-unit demand. Mathematical Social Sciences 66(3) 276-281. |
| 16. | Yunwen Ren, Zhiguo Xiao, and Xinsheng Zhang. 2013. Two-step adaptive model selection for vector autoregressive processes. Journal of Multivariate Analysis 116 349-364. |
| 17. | Xiao, Zhiguo. 2011. Efficient estimation of moment condition models with heterogenous populations. Annals of Economics and Finance 12(1) 89-107. |
| 18. | Shao, Jun, Zhiguo Xiao, and Ruifeng Xu. 2011. Estimation with Unbalanced Panel Data Having Covariate Measurement Error. Journal of Statistical Planning and Inference 141(2) 800-808. |
| 19. | Zhiguo Xiao, Jun Shao, Mari Palta. 2010. Instrumental Variable and GMM Estimation for Panel Data with Measurement Error. Statistica Sinica 20(4) 1725-1747. |
| 20. | Zhiguo Xiao. 2010. The Weighted Method of Moments Approach for Moment Condition Models. Economics Letters 107(2) 183-186. |
| 21. | Zhiguo Xiao, Jun Shao, Mari Palta. 2010. GMM in Linear Regression for Longitudinal Data with Multiple Covariates Measured with Error. Journal of Applied Statistics 37(5) 791-805. |
| 22. | Zhiguo Xiao, Jun Shao, Ruifeng Xu, Mari Palta. 2007. Efficiency of GMM Estimation in Panel Data Models with Measurement Error. Sankhya:The Indian Journal of Statistics vol.69(1) 101-118. |
| 23. | 肖志国. 2022. Global value chain reconfiguration: Is reshoring an optimal strategy?. Front of Thought and Theory 38(1) 128-137. (in Chinese) |
| 24. | Qian, Haiyan, Zhiguo Xiao, Kan Chen, and Yan Ding. 2012. Differences in teachers’ and students’ perceptions of quality teaching: An analysis based on a massive survey conducted at Fudan University. Fudan Education Forum 10(4) 31-35. (in Chinese) |
| 25. | Chu, Rongwei, Zhiguo Xiao, and Xiaodong Zhang. 2012. Concept of urban integration of Chinese migrant workers and its effect on perceived relationship: A survey in Shanghai. Journal of Public Management 9(1) 44-51,124. (in Chinese) |
Chapters in Books
Zhiguo Xiao, 2020. An Analysis of Benefits Received by Different Economies during Global Value Chains Expansion. In: Xinkui Wang (Eds), Reform of WTO and the new Trend of Economic Globalization. Shanghai People's Publishing House, pp. 9-24
Translated Works
Zhiguo Xiao, Deyuan Li, Guoyou Qin, and Zhongyi Zhu, Causal Inference in Statistics, Social, and Biomedical Sciences: An Introduction,Shanghai,Gezhi Publishing House, Shanghai Sanlian Bookstore, Shanghai People's Publishing House,2025.07 (in Chinese)
Research Projects
2023.12—2024.11, Principal Investigator, Dynamic Tracing of Global Value Chain Restructuring, Shanghai WTO Affairs Consultation Center
2023.01—2027.12, Special project principal, The Innovation of Operation Management and Business Model in The Digital Intelligence Era, National Natural Science Foundation of China
2021.05—2021.11, Principal Investigator, Major Events and Shanghai's International Trade: Empirical Analysis and Policy Recommendations, Shanghai Municipal Development and Reform Commission
2020.12—2021.11, Principal Investigator, The Microfoundation of Global Value Chains Reconfiguration, Shanghai WTO Affairs Consultation Center
2020.10—2021.01, Principal Investigator, Anlaysis and Projection of Shanghai International Trade in 2020-2021 with Policy Recommendations, Shanghai Municipal Development and Reform Commission
2018.12—2019.06, Principal Investigator, The Rebalancing of Globalization – A Perspective from the Global Value Chains Division of Labor, Shanghai WTO Affairs Consultation Center
2017.01—2019.12, Principal Investigator, Shadow Banking and the Chinese Economy: A Micro to Macro Modelling Framework, National Natural Science Foundation of China (NSFC) and the Economic and Social Research Council (ESRC)
2016.09—2017.07, Principal Investigator, The Expansion of Global Value Chain: Analysis from Regional, National and Sectoral Aspects, Shanghai WTO Affairs Consultation Center
2015.01—2018.12, Principal Investigator, An Economic Assessment of China's Joining TPP Based on CGE Models with Tariff Equivalents of Non-tariff Measures , National Natural Science Foundation of China
2014.01—2015.12, Principal Investigator, 2014-2015 Global Value Chain Development Report, Ministry of Commmerce and Shanghai Municipal Government
2013.09—2015.02, Principal Investigator, Bingzhi Information System Comprehensive Service Platform for Cloud Computing, Suzhou Bingzhi Information Technology Company, Ltd.
2013.01—2016.12, Member, Multi-Channel Integration, Product Design and Pricing Mechanism in the O2O E-Business Model, National Natural Science Foundation of China
2012.12—2015.12, Principal Investigator, Financial Constraint and Investment-Cash Flow Sensitivity: An Investigation Based On Panel Data Models with Measurement Error, Scientific Research Foundation for the Returned Overseas Chinese Scholars, State Education Ministry
2012.11—2013.08, Principal Investigator, China's New International Trade and Investment Strategy Under Globalization-Technical Support: Development, Application and Maintenance of Supporting Database and Analytical System, Shanghai Municipal Commission of Policy Consulting
2012.01—2015.12, Member, Regression Model in Spatial Extremes and its Application , National Natural Science Foundation of China
2011.01—2013.12, Principal Investigator, Generalized Method of Moments Estimation of Panel Data with Measurement Error and Applications, National Natural Science Foundation of China
2010.07—2011.01, Member, Research on Customers’ Segments and Service Improvement Strategy, Shanghai Municipal Electric Power Company
2010.01—2012.12, Member, A Theoretical Framework of Risk Perceptions on Food-safety Related Crises and Its Application in China, National Natural Science Foundation of China
Enterprise Positions
2022.12—Zhejiang Sheensen Magnetics Technology Co., Ltd,Independent Director
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