Ongoing Research Projects

Ongoing Research Projects

Research at the LKY School addresses real-world policy challenges and explores and advances theoretical concepts across four broad areas: Policy Studies, Public Management and Governance; Social Policy; International Relations and Global Governance; and Economic Development and Competitiveness.

Our research is supported by a variety of sources, including highly competitive external grants from local and international funders.

Economic Development and Competitiveness

Academics in this cluster focus of specific areas such as Economic growth, role of ICT, International Trade, Finance and Investment, Regional Economic Integration and Fiscal Sustainability with particular focus on Asia.

Historical Roots of Culture and Economic Behavior

Grant Period : Oct 2025 - Mar 2027

Faculty : Pei GAO

This seed funding is critical for advancing my research agenda on how history shapes enduring cultural traits and economic behaviors. While the impact of historical shocks on macroeconomic development is well documented, the mechanisms through which long-term, community-level experiences shape individual preferences remain understudied. To address this gap, we propose two innovative and complementary studies.

The first study investigates how historical variation in environmental conditions shapes contemporary risk preferences, drawing on unique brokerage trading records and court data to capture risk-related behaviors. The second study investigates how persistent disadvantages faced by a specific social group—such as exclusion from fertile land and restricted educational access—have influenced human-capital investments and occupational choices, leveraging a newly constructed village-level dataset. Together, these projects offer valuable evidence on the broad question of how cultural traits are historically formed, persist over time, and continue to shape economic behavior today. They make a significant contribution to the literature on culture and long-run development, positioning the work as highly competitive for major international grants.

Grant Period : Sep 2025 - Aug 2030

Faculty : Daniel OVERBECK

In the wake of trade networks and international aid structures crumbling, the independent mobilization of states’ domestic resources for the funding public goods is as important as ever. Especially in developing countries investments in infrastructure, welfare programs and public education are often insufficient, hindering sustainable growth.

The questions that are tackled include: How can countries with low-state capacity increase tax revenues? How can they do so in the prevalence of informal institutions dominating everyday life? What do different tax systems imply for social equity? Advances in these timely topics present major opportunities for countries as they could ease up tight public budgets. They also contribute to building a better societal contract between the state and citizens.

Grant Period : Sep 2025 - Aug 2030

Faculty : KIM Younghoon

Can export controls backfire, leading to an increase (decrease) in productivity in the targeted (imposed) country? And how might this effect vary across industries? I use the responses of Korean and Japanese producers to the 2019 Korea-Japan Trade Dispute to answer these questions.

In 2019, Japan announced export controls against South Korea for national strategic items, leaving enforcement up to Japanese officials. Although no export restrictions were imposed in practice, the potential risk alone triggered substantial changes in the imports, exports and production of both Korea and Japan. Korea’s imports from Japan declined significantly, irrespective of whether items were subject to the announcement. However, Korea’s imports from Japan decreased disproportionately in sectors where Japan had been the primary supplier, and Korean producers’ revenue also increased in these sectors, suggesting import substitution. Notably, Korea’s exports to the rest of the world expanded more in these sectors while prices declined, suggesting increased productivity.

Motivated by these empirical findings, I structurally estimate the strength of scale economies in each industry, leveraging the variation in exposure to Korea’s substitution away from Japanese goods, both across and within industries. This project provides novel evidence that export controls can benefit the targeted country, driven by scale economies. It also demonstrates the heterogeneous strength of scale economies across sectors, offering direct implications for industrial policy.

Grant Period : Jul 2025 - Jun 2030

Faculty : Philipp LUDWIG

The emergence of global production and transportation networks has spurred economic growth across countries at the expense of a dramatic increase carbon emissions. To curtail the environmental cost of globalization while maintaining the welfare benefits of global trade, we need new policy approaches that can tackle the problem without disturbing the complex structure of global supply chains.

My research addresses this question empirically and quantitatively by studying how different agents along the supply chain respond to environmental policy interventions. At the center of this agenda is the global shipping industry whose activities are a key driver of global greenhouse gas emissions. To decarbonize the sector without disrupting international transport services, we need to model the behavioral response of shipping companies to environmental policy. To make progress on this front, I will build on recent advances in the economic literature and develop a quantitative spatial framework which can serve as a laboratory to study the welfare effects of policy interventions. Results will inform us how to design an effective carbon policy for global supply chains and how to evenly distribute the economic cost of climate change across countries.

Grant Period : Mar 2025 - Sep 2026

Faculty : Lea Bou SLEIMAN

This research aims to evaluate the socio-economic impact of the Amman Bus Rapid Transit (BRT) system on labor participation in Jordan, with a particular focus on gender and refugee populations. Originally planned in 2009, the implementation of the BRT was delayed until 2021. During this period, significant changes occurred in Amman’s demographic and urban landscape, including a doubling population between 2007 and 2015, driven by a large influx of refugees.

The BRT was designed to connect high-density areas, but these areas have shifted over the years, raising questions about who benefits from the system today. A 2018 study surveyed 497 women and found that 47% turned down job offers due to poor public transportation options. However, this survey was small in scale and conducted before the BRT was operational. Our project seeks to build on these findings by developing a larger, more comprehensive survey to assess how the BRT has impacted labor participation, especially for women and refugees. Additionally, the survey will allow us to understand the actual barriers to labor participation and access to education, providing a more comprehensive view of women’s beliefs and perceptions of public transport, including issues such as safety and social norms.

The results will provide valuable insights for policymakers on how to design public transportation systems that promote gender equality, support marginalized communities, and contribute to economic growth.