Date and Time : 3 September 2018 - 4 September 2018 8:15 am - 9:30 pm

Venue: NUS Business School, National University of Singapore, Mochtar Riady Building, 15 Kent Ridge Drive, Singapore 119245 View Map

Organised by: Strategy & Policy


Automation is sweeping across all fields of economic activity and on a global scale. As automated technical solutions take over tasks previously performed by human labour, the skill requirements for the remaining labour force increase. As a result, high-skill labour is scarce and trades at a premium, which exposes companies to unprecedented governance and risk management challenges. Is automation introduced too early or too late? Are the transformation and labour displacement rate excessive, possibly to the detriment of more traditional productivity-enhancing alternatives? How do the equilibrium distribution of wages and labour turnover feedback into the companies’ governance structures? What is the role of financial asset management and capital structure decisions in the emerging era of disruptive technologies? Finally, can structural labour market reforms and active innovation policies support the transformation process and help consolidate productivity gains?

To explore questions in these emerging areas of academic and policy research, PRN is organising its third technical workshop next September 3-4, 2018 at the NUS Business School in Singapore. The workshop – cosponsored by the Centre for Asset Management Research & Investments (CAMRI), the Centre for Governance, Institutions & Organisations (CGIO), the Asian Development Bank Institute (ADBI) and the Asian Bureau of Finance and Economic Research (ABFER) – is intended to allow regional researchers to learn about existing applied work focusing particularly on the Asia-Pacific region and generate research spill-overs and potential collaborations. The workshop is expected to provide an opportunity to discuss how the Productivity Research Network (PRN) can provide an impetus for enhancing data collection within the region, aimed at allowing the development of solid research and policy analyses.

Distinguished Professor Ivan Png, NUS Business School will be holding a key-note address.



3 September 2018
Seminar Room, I4-01-03 (Level 1 Lobby beside Café)
Innovation 4.0 Building
3 Research Link
National University of Singapore, Singapore 117602
4 September 2018
Hon Sui Sen Memorial Library Auditorium
1 Hon Sui Sen Drive
NUS Business School
8:15 AM
Shuttle bus arranged from Park Avenue Rochester Hotel to NUS

8:30 AM
Registration followed by Coffee/Tea

9:00 AM
Welcome Remarks: Dean, Bernard Yeung (NUS), PRN Coordinator, Filippo di Mauro (NUS)

9:15 AM
Keynote Address: Automation and Worker Welfare
Ivan Png, Distinguished Professor (NUS)

10:00 AM

10:15 AM
PRN Firm-level based dataset – Presentation First Vintage
Filippo di Mauro, Visiting Professor (NUS)

10:45 AM

Session 1: Heterogeneity

Session Chair: Johan Sulaeman, Associate Professor (NUS)

Multi-Factor Productivity and Evolutionary Accounting in the Presence of (Persistently) Heterogeneous Firms
Marco Grazzi (Universita’ Cattolica, Milan, Italy), Le Li* (Istituto Sant’anna Pisa)

Value added in China’s mobile phone handset industry
Daria Taglioni (World Bank)

Discussant for two papers: Cristian Badarinza, Assistant Professor (NUS), Dutt Pushan, Professor (INSEAD)

12:15 PM

1:15 PM

Session 2: Knowledge

Session Chair: Andy Feng, Senior Economist (MTI)

Business Groups as Knowledge-Based Hierarchies of Firms
Carlo Altomonte, Professor of Economics of EU Integration (Bocconi University)

Trade with Benefits: New Insights on Competition and Innovation
Yi Huang, Assistant Professor of Economics (The Graduate Institute, Geneva)

Discussant for two papers: Meryem Duygun (Notthingham University Business School), Marco Grazzi (Universita’ Cattolica, Milan, Italy)

2:45 PM

3:00 PM

Session 3: Technology

Session Chair: Filippo di Mauro, Visiting Professor (NUS)

Do Conglomerates Operate More Efficiently than Single-Segment Firms?
Johan Sulaeman, Associate Professor (NUS)

Technological Adoption and Skill Premiums in Singapore
Justin Lim Ming Han, Researcher (AMRO)

Discussant for two papers: Meryem Duygun (Notthingham University Business School), Marco Grazzi (Universita’ Cattolica, Milan, Italy

4:30 PM

5:00 PM

6:30 PM

6:45 PM
Shuttle bus arranged from NUS to Dinner venue

7.00 – 9.30PM
Dinner sponsored by ABFER (by invitation only)
Kaz Japanese Fusion Sushi
35 Rochester Drive
#02-12 Rochester Mall
Singapore 138639

8:15 AM
Shuttle bus arranged from Park Avenue Rochester Hotel to NUS Business School

8:30 AM

9:00 AM

Session 4: Automation

Session Chair: Cristian Badarinza, Assistant Professor (NUS)

The Redistributive Role of Automation
Giorgio Presidente

Is Informal Credit Supplement or Complementary for Financing SME’s Investment During the Crisis? Evidence from Vietnam
Long Quang Trinh, Economist (ADBI)

Discussant for two papers: Ben Charoenwong, Assistant Professor (NUS)

Discussion of Giorgio Presidente’s paper
Discussion of Long Quang Trinh’s paper

10:30 AM

11:00 AM

Session 5: Innovation

Session Chair: Cristian Badarinza, Assistant Professor (NUS)

Market Concentration and Entrepreneurship Decline
Sasan Bakhtiari, Senior Economist (Australian Department of Industry, Innovation & Science)

Intangible Assets and Firms’ Liquidity Holdings: Evidence from Japan
Daisuke Miyakawa, Associate Professor (Hitotsubashi University), Miho Takizawa, Professor (Toyo University)

Discussant for two papers: Johan Sulaeman, Associate Professor (NUS)

Discussion of Sasan Bakhtiari’s paper
Discussion of Daisuke Miyakawa’s paper

12:30 PM

2:00 PM
Data Provider roundtable session led by Hoang Minh Duy (NUS) and Zheng Guanyu (New Zealand Productivity Commission)

Discussion by Hoang Minh Duy

4:00 PM
4:30 PM


Organising Committee

  • Cristian Badarinza, Assistant Professor, Department Real Estate (NUS)
  • Lawrence Loh, Associate Professor, Department of Strategy and Policy (NUS Business School; CGIO)
  • Filippo di Mauro, Visiting Professor, Department of Strategy & Policy (NUS Business School)
  • Peter J. Morgan, Senior Consultant for Research (ADBI)
  • Johan Sulaeman, Associate Professor, Department of Finance (NUS Business School; CAMRI)


Travel/Getting There



Park Avenue (Recommended Hotel)


PRN Third Workshop
PRN Third Workshop

Professor Cristian Badarinza delivering the talk

PRN Third Workshop