Prof. Siu, Ricardo Chi Sen

Associate Professor of Business Economics

 

Faculty of Business Administration
University of Macau
Avenida Padre Tomás Pereira, Taipa,
Macau, China.

Room: L424
Telephone: (853) 8397-4751
Fax: (853) 28838320
E-mail: fbars@umac.mo

 

Academic Qualifications

 

·         Ph.D., Economics, Renmin Univeristy of China, China,1999

·         Master, Economics, University of Maine, Orono, USA, 1993

·         Bachelor,  Accounting, University of Maine, Orono, USA, 1991

 

Teaching

 

BBA Courses

·         Introduction to Microeconomics (ECIF101)

·         Intermediate Microeconomics (ECIF201)

·         Econometrics I/II (ECIF310/311)

·         Economics of Tourism (ECIF362)

·         The Chinese Economy (ECIF411)

·         History of Economic Thought (ECIF402)

·         Introduction to Gaming Management (GAMM202)

·         The Macao Gaming Industry and Economy (GAMM201)

·         Business Mathematics (MSOR100)

·         Survey Calculus (MSOR103)                                                         

 

MBA Courses

·         Selected Topics in China Business (IMBB116)

·         Economics of Electronic Commerce (IMBB134)

·         Economics

·         China’s Financial Markets

·         Economics of E-Economics

·         E-Commerce in China

·         China Business Seminar & Field Study

 

Training programs provided for the Institute for the Study of Commercial Gaming (ISCG):

·         Macao Casino Business (given in Chinese) An 18-hour course for the Casino Management Diploma Program offered to Macao’s casino employees (November, 2007)

·         Table Game Management (given in Chinese) An 18-hour course for the Casino Management Diploma Program offered to Macao’s casino employees (April-May, 2008)

·         Casino Gaming and Its Recent Development in East Asia A program provided on July 7, 2007 to 45 students of the Summer Institute 2007 as offered by the Hong Kong University

·         An Overview of the Recent Growth and Development of Macao’s Casino Industry A training program provided on May 8, 2007 to 30 delegates of the South Korean

·         Situation, Changing Structure and Performance of Macao’s Casino Industry A training program provided on April 26, 2006 to 30 members of the Korean Casino Association

 

Others:                           

·         Gaming and Macao’s Economic Development A course (given in Chinese) offered by the Centre for Continuing Studies of the University of Macau (October – November, 2003)

·         Managerial Economics A jointly organized MSc program in Finance, by the CCS of the University of Macau and University of London (April – May, 2003)

·         Bank Financial Management A jointly organized MSc program in Finance, by the CCS of the University of Macau and University of London (November, 2003 – January, 2004

 

Research

 

Research Interests

·         Institutional Economics,

·         Gaming and Toursim,

·         Currency Issues,

·         China' Financial Markets

 

Recent Research Projects

·         China

·         The Role ofImported laborin the Macao Economy, funded by BRTC of University of Macau, 2002, Principal Investigator

·         The Macao SAR Reserve Fund at the Cross Road, funded by the Research Committee of University of Macau, 2002, Principal Investigator

 

Publications

 

International Referee Journals

1.      SIU, R. C. S. (2007).  Formal rules, informal constraints, and industrial evolution ¾ The case of the Junket Operator Regulation and the transition of Macao’s casino business.  UNLV Gaming Research and Review Journal, 11(2), 49-62.  

2.      SIU, R. C. S. (2007).  Is casino gaming a productivity sector?  A conceptual and cross-jurisdiction analysis.  Journal of Gambling Business and Economics, 1(2), 129-146.

3.      EADINGTON W. R. and Siu, R. C. S. (2007).  Between law and custom — Examining the interaction between legislative change and the evolution of Macao’s casino industry.  International Gambling Studies, 7(1), 1-28.

4.      SIU, R. C. S. (2006)  Evolution of Macao’s casino industry from monopoly to oligopoly – Social and economic reconsideration.  Journal of Economic Issues, 40(4), 967-90.

         

Local Journals

1.      SIU, R. C. S. (2005).  A new epoch in the Macau economy and its gaming industry.  In Journal of Macao Studies, 26, 54-61. 

2.      SIU, R. C. S. and CHENG, H. I. (2004).  A matter of urgency: Providing a level-playing competitive environment for Macao’s casino industry. In Journal of Macao Studies, 20, 191-205.             

3.      SIU, R. C. S. and LAM, M. K. and CHAN, S. S. (2002).  The Macao SAR Reserve Fund at the crossroads (in English and Chinese).  In AMCM Quarterly, August 2002, 11-31.

4.      SIU, R. C. S. (1998).  Some issues regarding the demand and supply of money, and the banking system in Macau(in Chinese).  In Journal of Macau Studies, 7, 31-49. 

5.      SIU, R. C. S. (1998).  Implications of the financial turmoil to Macao’s monetary system (in Chinese).  In Estudo Das Politicas de Macau (“Macao Policy Studies”), 2, 71-81. 

         

International Periodicals

1.      SIU, R. C. S. (2006, December).  The puzzles behind the mania: Macao’s unfinished projects.  Casino & Gaming International, Issue 4, 2006, 59-63.

         

Books

1.      SIU, R. C. S. (1999).  A Theory of Multiple Currency : Including a Discussion on the Theory and Strategy of the Currencies under “One Country, Two Systems (in Chinese).  Macao, China: Macau Foundation. 

2.      IEONG, W. C. and SIU, R. C. S. (1997).  Macau : A Model of Mini-economyMacao, China: University of Macau

         

Book chapters

1.      SIU, R. C. S. and MAK, I. M. (2006).  Impacts of the Pan Pearl River Delta Economic Region on the development of Macao’s tourism (in Chinese).  In Regional cooperation in Pan-Pearl river Delta and the Adjustment of Macau’s Orientation, 291-306.  Macao, China: Centre for Macau Studies, University of Macau.

2.      SIU, R. C. S. (2004).  A preliminary investigation on the opportunities and challenges faced by Macao’s Small and Medium Enterprises (SMEs) with the opening of the casino industry.  In The Development of Small and Medium Enterprises (SMEs) and the Enhancement of Comprehensive Competitiveness, 87-107.  Macao, China: Centre for Macau Studies, University of Macau

3.      SIU, R. C. S. (2004). A preliminary discussion on a comprehensive plan for the development of Macao’s casino industry (in Chinese).  In Macao 2004, .  Macao S.A.R., China: Macau Foundation.

4.      SIU, R. C. S. and WU, C. L. (2003).  The role of Macau’s tertiary production in the regional economic cooperation system, 340-356 (in Chinese).  In 東盟、日本與中國人地區經貿合作 (林華生、鐃美蛟主編).  Singapore: World Scientific Publishing Co. Pte. Ltd.. 

5.      SIU, R. C. S. (2001). Public expenditure and Macao’s economic growth (in Chinese).  In Macau 2001, 175-186.  Macao, China: Macau Foundation.

6.      SIU, R. C. S. (2000).  The foundation of Macau’s multi-currency phenomenon.  In Leading Issues of the Macau Economy, 186-212.  Macao, China: Macau Foundation. 

Conference/Seminar papers

1.      SIU, R. C. S. (2007).  Is casino gaming a productivity sector?  A conceptual and cross-jurisdiction analysis.  Presented in the Economica Special Issue Conference on “The Growth of Gambling and Prediction Markets: Economic and Finance Implications”, in University of California at Riverside, Palm Desert Graduate Center, Palm Desert, California, USA, May 20-22, 2007.

2.      LAI, R. N. L. and SO, R. W. and SIU, R. C. S. (2007).  What does a concept attract?  The case of gaming in Macau.  Presented in the Economica Special Issue Conference on “The Growth of Gambling and Prediction Markets: Economic and Finance Implications”, in University of California at Riverside, Palm Desert Graduate Center, Palm Desert, California, USA, May 20-22, 2007.

3.      SIU, R. C. S. (2006).  Formal rules, informal constraints, and industrial evolution ¾ The case of the Junket Operator Regulation and the transition of Macao’s casino business.  Presented in the 13th International Conference on Gambling and Risk-Taking, in Lake Tahoe, Nevada, USA, May 22-26 2006.

4.      EADINGTON W. R. and SIU, R. C. S. (2005).  Between law and custom – examining the interaction between legislative change and the evolution of Macao’s casino industry.  Presented in the First Conference of the Asian Academic Network on Commercial Gaming. Organized by Osaka University of Commerce, Japan and University of Macau, July 24-25 2005.  Singapore Economic Review Conference 2005. Organized by the Singapore Economic Review, Singapore, August 4-6 2005.

5.      SIU, R. C. S. (2004).  A preliminary investigation on the challenges and opportunities faced by Macao’s SMEs with the opening of the casino industry.  Presented in the Conference on Improving the Competitiveness of Macao’s SMEs, University of Macau, Macao, China, July 16-17 2004.

6.      SIU, R. C. S. (2004).  A new epoch in the Macao economy and its gaming industry.  Presented in the Asian Gaming Expo and Conference – Insights and Opportunities, Fullerton Hotel, Singapore, May 11-12 2004.

7.      SIU, R. C. S. and CHENG, H. I. (2003).  Table games or slots? A strategic issue faced by the new casinos in Macao.  Presented in the International Conference for the Prospects of the Asia-Pacific Casino Industry, Kangwon Land Casino, South Korea, December 6-8 2003.  Conference Proceeding, pp. 63 – 113.

8.      SIU, R. C. S. and CHENG, H. I. (2003).  The urgency of providing a level-playing competitive environment for Macao’s casino industry.  Presented at the Macao’s Comprehensive Competitiveness and Relationship with Its Neighborhood Conference,  University of Macau, Macau, Macao, China, July 24-26 2003.

9.      SIU, R. C. S. (2003).  Behind the opening of Macao’s gaming Industry – social and economic reconsideration.  Presented in the 12th International Conference on Gambling and Risk-Taking, in Vancouver, Canada, May 26-30 2003.

10.  SIU, R. C. S. and WU, C. L. (2000).  The role of Macau’s tertiary production in the regional economic cooperation system (in Chinese).  Presented in the CSCE VII (“The 7th International Conference on the Greater China Economic Co-operation System”): Tokyo Conference, Tokyo, Japan, November 2-4 2000. 

11.  SIU, R. C. S. (1999).  The progress of the public financial institutions in the Ming and Qing Dynasties.  Presented in the Coloquio Internacional Daxiyangguo : Portugal, Macau e as Relacoes Europa/China, in Lisbon, Portugal, October 21-24 1999.

12.  SIU, R. C. S. (1996).  A discussion on the multi-currency issues under “One Country, Two Systems”(in Chinese).  Presented in the Seminar of North-East Asia Economic Cooperation, Renmin University of China, Beijing, October 21-22 1996.

13.  SIU, R. C. S. and TAM, C. W. (1993).  Money, credit and banking system in China.  Presented  in the Australia’s Third Biennial Conference, Griffth University, July 4-8 1993.

 

Research reports

1.      SIU, R. C. S. and LAM, M. K. (2002).  The Role of Imported Labor in Macao’s Labor Market – A Cost and Benefit Analysis (in Chinese).  A research report submitted on behalf of the Business Research and Training Center of FBA of the University of Macau, to a Macau SAR governor, who personally funded this project.

 

Others

1.       “Labor Productivity”, “Macroeconomic Policies”, “Industrial and Commercial Tax Privileges”, “Off-Shore Tax Privileges”, “The Macao SAR Reserve Fund”, “Anti-Money Laundering Activities” (in Chinese).  In Macao Encyclopedia (2004).

 

Faculty of Business Administration

University of Macau