Liu Ta-Chung

from Wikipedia, the free encyclopedia
Liu Ta-Chung as a student, before 1936.

Liu Ta-Chung ( Chinese  劉 大中  /  刘 大中 , Pinyin Liú Dàzhōng , W.-G. Liu Ta-Chung , in Western publications Ta-Chung Liu ; born October 27, 1914 in Beijing , † August 14, 1975 in Ithaca , New York ) was a national Chinese economist .

Life

Liu first studied civil engineering in Beijing, then railway engineering at Cornell University and graduated in 1936 and 1937 from. He then turned to economics , where he received his doctorate in 1940 with the topic A Study in the Theory of Planning by the Individual Firm Under Dynamic Conditions under Donald Englisch . After a year of research at the Brookings Institution , he worked as a consultant at the Chinese Embassy in Washington, DC . In 1944 he was a member of the Chinese delegation at the Bretton Woods Conference . In 1947 he became professor of economics at Tsinghua University in Beijing, but had to leave China again the following year due to the civil war. Back in the USA, he initially worked for the International Monetary Fund and at Johns Hopkins University before returning to Cornell University in 1958. In addition to his university research, he also worked as a consultant for the RAND Corporation and the national Chinese government in Taiwan. In 1975 he was diagnosed with colon cancer, whereupon he and his wife killed themselves.

Liu was active in a variety of ways, primarily he dealt with national accounts and econometrics . He was among the first economists to compile national accounts for both the interwar Republic of China and the People's Republic of China . He was instrumental in improving econometric models for the US economy, but also published on the economic development in communist China as well as on production functions . In addition, he dealt with economic policy issues, especially currency and trade policy , on which he worked as an advisor to the national Chinese government.

literature

  • LR Klein, M. Nerlove, SC Tsiang: Ta-Chung Liu, 1914-1975 . In: Econometrica , Vol. 45, No. 2, March 1977, pp. 527-529, JSTOR 1911227 , ISSN  0012-9682 .

Web links

Individual evidence

  1. econ.duke.edu ( Memento of the original from February 10, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / econ.duke.edu
  2. Sho-Chieh Tsiang, Peter D. McClelland, George H. Hildebrand: Ta-Chung Liu Memorial Statement . (PDF) In: Individual Memorial Statements. Cornell University, 1975. Retrieved October 3, 2014.
  3. Liang Jie: 劉 大中 的 不凡 與 不幸 (The Extraordinary and Unfortunate Pages of Liu Dazhong). In: finance.sina.com.cn. January 8, 2007, accessed October 3, 2014 (Chinese).
  4. ^ LR Klein, M. Nerlove, SC Tsiang: Ta-Chung Liu, 1914-1975. In: Econometrica. Volume 45, No. 2, March 1977, ISSN  0012-9682 , pp. 527-529.