Associate Professor Nicholas Sim

Selected Publications

Quantile Regression:

"Modeling the Dependence Structures of Financial Assets through the Copula Quantile-on-Quantile approach" (2016) International Review of Financial Analysis 48: 31-45. (Elsevier)

"Oil Prices, US Stock Return, and the Dependence Between Their Quantiles" with H Zhou (2015) Journal of Banking & Finance 55: 1-8. (Elsevier) Lead article.
- Top 2 most cited paper in JBF since 2015.

"Estimating the Correlation of Asset Returns: A Quantile Dependence Perspective", Handbook of Financial Econometrics and Statistics (C.F. Lee eds.), Springer-Verlag, New York

Development Studies:

"Do Exports Affect Urbanization in Sub-Saharan Africa? Evidence from the Baltic Dry Index and Panel Regressions with Cross-Sectional Dependence" with N Pham (2020) Journal of African Economies, In Press. (Oxford University Press)

"Is Climate Change that Harmful? New Evidence on the Mitigating Effect of Agricultural Adaptation" with K Huang (2020) Journal of Agricultural Economics, In Press. (Wiley)

"The Impact of Microcredit Loans on School Enrolment in Bangladesh" with J Kandulu, S Wheeler and A Zuo (2020) Journal of Development Studies 56: 1725-1744. (Wiley)

"Trade Uncertainty, Income, and Democracy" with J Tian, Y L and W Yan (2020) Economic Modelling 90: 21-31. (Elsevier)

"Shipping Cost and Development of the LLDCs: Panel Evidence from the Common Correlated Effects Approach" with N Pham (2020) The World Economy 43: 892-920. (Wiley)

"Gender Specific Effects of Exports on Work Decisions in Indonesia" with T Chesnokova and J Rupa (2019) Journal of International Trade and Economic Development 28: 686-711.

"Real Exchange Rate Misalignment and Civil Conflict: New Evidence from Sub-Saharan Africa" with D Ambaw (2019) Oxford Economic Papers, In Press. (Oxford University Press) https://doi.org/10.1093/oep/gpz059

"Did Rainfall Shocks Cause Civil Conflict in Sub-Saharan Africa? Implications of Data Revisions" with W Liang (2019), European Journal of Political Economy 60 (Article 101808). (Elsevier)

"Does the Presence of Foreign Firms Reduce Domestic Firms’ Financial Constraints in Sub-Saharan Africa?" with H Edjigu (2019) Journal of African Economies 4: 343–370. (Oxford University Press)

"The Effect of Language on Foreign Direct Investment" with X Feng and F Lin (2019) Oxford Economic Papers 71: 269–291. (Oxford University Press)

"Why do the Econometric-Based Studies on the Effect of Warming on Agriculture Disagree? A Meta-Analysis" with K Huang (2018) Oxford Economic Papers 70: 392–416. (Oxford University Press)

"Exports, HIV Incidence and the Baltic Dry Index: Further Evidence from sub-Saharan Africa" with F Lin (2015) Economics Letters 126: 35–9. (Elsevier)
- Featured in the National Affairs.

"Trade Openness and Government Size of Small Developing Countries" with F Lin and B Li (2014) The Economics of Transition 22: 783-808. (Wiley)

"Baltic Dry Index and the Democratic Window of Opportunity" with F Lin (2014) Journal of Comparative Economics 42: 143-59. (Elsevier)

"Trade, Income and the Baltic Dry Index" with F Lin (2013) European Economic Review 59: 1–18. (Elsevier) Lead article.

"Death of Distance and the Distance Puzzle" with F Lin (2013) Economics Letters 116: 225-8. (Elsevier)

Economic Growth, Macroeconomics and Finance:

"Does FDI Actually Affect Income Inequality? Insights from 25 Years of Research", with K Huang and H Zhao (2020), Journal of Economic Surveys 34: 630-659. (Wiley)

"Corporate Social Responsibility, Corporate Financial Performance and the Confounding Effects of Economic fluctuations: A Meta-Analysis", with D Huang and H Zhao (2020) International Review of Financial Analysis 70 (Article 101504). (Elsevier)

"Mergers, Acquisitions, and Bank Efficiency: Cross-Country Evidence from Emerging Markets" with K Du (2016) Research in International Business and Finance 36: 499-510. (Elsevier)

"Is Inflation Targeting or the Fixed Exchange Rate More Effective for Attracting FDI into Developing Countries?" with D Ambaw (2018) Applied Economics Letters 25: 499-503. (Taylor & Francis)

"Does Economic Growth Affect Urbanization? New Evidence from China and the Chinese National Congress" with Xiaobo He (2015) Journal of Asian Economics 36:62-71. (Elsevier)

"Death of Distance and the Distance Puzzle" with F Lin (2012) Economics Letters 116: 225-8. (Elsevier)

"Indeterminacy In A One-Sector Model Revisited: Demand Versus Supply-Side Indeterminacy" Singapore Economic Review 54: 183-196.

"Autarkic Indeterminacy and Trade Determinacy" with KW Ho (2007) International Journal of Economic Theory 3: 315-328. (Wiley)

"Indeterminacy and Market Instability" with KW Ho (2006) Economics Bulletin 5: 1-7. (AccessEcon)

"Indeterminacy, Stabilization Policy and Returns to Scale: A Re-Investigation" The B.E. Journalof Macroeconomics (Contributions) 5: 1-26. (Berkeley Electronic Press)

"Service Liberalization, Endogenous Industrial Composition and Modernization" (2005) Applied Economics Letters 12: 161-163. (Taylor & Francis)

"International Production Sharing and Economic Development: Moving Up the Value-Chain for a Small-Open Economy" (2004) Applied Economics Letters 11: 885-889. (Taylor & Francis)

General Social Issues:

"Astronomics in Action: The Graduate Earnings Premium and the Dragon Effect in Singapore" (2015) Economic Inquiry 53: 922-39. (Wiley)
- Featured in the Harvard Business Review, National Affairs.

"Analysis of Hospital cost Outcome of DHA-rich Fish-Oil Supplementation in Pregnancy: Evidence from a Randomized Controlled Trial" with S Ahmed, M Makrides, A McPhee, J Quinlivan, R Gibson and W Umberger (2015) Prostaglandins, Leukotrienes and Essential Fatty Acids 103: 5-11.

"Did the AFL Equalization Policy Achieve the Evenness of the League?" with V. Masson and L Wedding (2014) Applied Economics 46: 4334-4344. (Taylor & Francis)
- Featured in ABC News, Adelaide Channel 7News.

"Are Married Women's Jobs Career or Secondary Source of Household Income? Evidence from a Simultaneous Probit Approach" (2007) Applied Economics Letters 14: 1029-1033 (Taylor & Francis)

"Environmental Keynesian Macroeconomics: Some Further Discussion" (2006) Ecological Economics 59: 401-405. (Elsevier)

Invited Book Review:

"An Introduction to Econometrics: A Self-Contained Approach, by Frank Westhoff (MIT Press, Cambridge, MA, 2013)", Economic Record 91: 410-411. (Wiley)