Cheryl Long - Colgate University - Faculty Directory

Colgate Directory


Cheryl Long

Associate Professor of Economics; Director of the Asian Studies Program
Economics, 232 Persson Hall
p 315-228-7024


BS, Xi'an Jiaotong University, 1993; MA, University of International Business and Economics, 1996; PhD, Washington University in St. Louis, 2001


Law and economics, Chinese economy, Core culture: China, statistics, econometrics


Law and economics, public policy, economics of transition, institutions and regulations


Journal Publications (in English)

  • “Cluster-Based Industrialization in China: Financing and Performance,” with Xiaobo Zhang. Forthcoming with Journal of International Economics.
  • “Did Foreign Direct Investment Put an Upward Pressure on Wages in China?” with Galina Hale. Forthcoming with the IMF Economic Review.  
  • “Control Modes and Outcomes of Transformed SOEs in China: An Agency-Theory-based Approach,” with Jun Xia and Shaomin Li. Forthcoming with Management and Organization Review.
  • “Does the Rights Hypothesis Apply to China?” Forthcoming in Journal of Law and Economics, 2010, November, 53(4).
  • “Tournaments and Managerial Incentives in China’s Listed Firms: New Evidence” with Takao Kato. Forthcoming in China Economic Review.
  • “Are there Productivity Spillovers from Foreign Direct Investment in China?” with Galina Hale. Forthcoming in Pacific Economic Review.
  • “Foreign Direct Investment and Incentives to Innovate and Imitate” with Irene Brambilla and Galina Hale. Scandinavian Journal of Economics, 2009, December, 111(4), pp. 835-861.
  • “The Transformation of Collectively Owned Enterprises and its Outcomes in China, 2001-2005” with Jun Xia and Shaomin Li. World Development, 2009, October, 37(10), pp. 1651-1662.
  • “CEO Turnover, Firm Performance, and Enterprise Reform in China: Evidence from Micro Data,” with Takao Kato. Journal of Comparative Economics, 2006, 34, pp. 796-817.
  • “Executive Turnover and Firm Performance in China,” with Takao Kato. AER Papers and Proceedings, 2006, 96(2), 363-367.
  • “Executive Compensation, Firm Performance, and Corporate Governance in China: Evidence from Firms Listed in the Shanghai and Shenzhen Stock Exchanges,” with Takao Kato. Economic Development and Cultural Change, 2006, 54(4), pp. 945-983.
  • “Salaries, Plea Rates, and the Career Objectives of Federal Prosecutors,” with Richard Boylan. Journal of Law and Economics, 2005, 48(2): pp. 627-651.
  • “A Classroom Exercise: Voting by Ballots and Feet,” with Roger Hewett, Charles A. Holt, Georgia Kosmopoulou, Christine Kymn, Shabnam Mousavi, and Sudipta Sarangi. Southern Economic Journal, 2005, 72(1), pp. 253-263.
  • “Measuring Public Corruption in the American States: A Survey of State House Reporters,” with Richard Boylan. State Policy and Politics Quarterly, 2003, 3(4), pp.420-438.
  • “Firm Size and Monitoring,” with Richard Boylan. Economics Bulletin, 2003, 4(34), pp.1-5.

Journal Publications (in Chinese)

  • “How do Private Entrepreneurs’ Social Relational Capital Affect R&D Investment,” with Shuangying Chen and Runtian Jing. Management World (Guanli Shijie, in Chinese), 2010, January, pp. 88-98.
  • “Ownership Type and Chinese Private Firms’ Financing Costs” with Yinjun Liu and Runtian Jing. Management Review (Guanli Pinglun, in Chinese), 2009, 21(9), pp. 77-85.

Other Refereed Publications (in English) 

  • “Foreign Direct Investment in China: Winners and Losers” with Galina Hale. Book forthcoming with World Scientific.
  • “What are the Sources of Financing for Chinese Firms,” with Galina Hale, Forthcoming in The Evolving Role of Asia in Global Finance, edited by Yin-Wong Cheung, Vakas Kakkar, and Guonan Ma, Emerald Group Publishing Limited. (An earlier version appears in the HKIMR Working Paper Series.)
  • “Where to Find Positive Productivity Spillovers from FDI in China: Disaggregated Analysis,” with Galina Hale, Hirotaka, Miura, and Theodore Moran, HKIMR Working Paper Series.
  • “Industrial Clusters and Firm Financing in China,” with Xiaobo Zhang (presented at the Association of Comparative Economics Society, January 2009), International Food Policy Research Institute Discussion Papers (IFPRI DP).
  • “Negative Effects of Personal Bankruptcy on Home Owners: Lost Homes and Reduced Credit Access.” Conference Proceedings of the Federal Reserve System’s 2005 Research Conference “Promises and Pitfalls.” 2005.


“Three Essays on Monitoring and Corruption” (Committee Chair: Marcus Berliant)

Professional Experience

Teaching Experience:

Director of Asian Studies Program, Colgate University, 2010 -

Associate Professor, Department of Economics, Colgate University, 2007-

Faculty Associate, Institute for Philosophy, Politics, and Economics, Colgate University, 2007 -

Faculty, the Ronald Coase Institute Workshops on Institutional Analysis, 2009 -

Special-term Professor, School of Management, University of Electronic Science and Technology of China (UESTC), 2007-

Research Experience:

Editorial Board Member, China Economic Review, 2011

Visiting Scholar, Center for Pacific Basin Studies, Federal Reserve Bank of San Francisco, 2007

Glenn Campbell and Rita Ricardo-Campbell National Fellow, Hoover Institution, Stanford University, 2005-2006

Consulting Experience:

The World Bank, 2010 -

International Food Policy Research Institute, 2007 -

Kauffman Initiative Program, 2009