Bangxi LI (李帮喜), Associate Professor (Tenure) & Deputy Director of Institute of Economics, School of Social Sciences, Tsinghua University, Beijing, China.
Email: libangxi2013 [at] foxmail.com
ORCID iD: https://orcid.org/0000-0001-7169-0799
ResearchGate: https://www.researchgate.net/profile/Li-Bangxi
CURRENT EMPLOYMENT AND POSITIONS
Associate Professor (Tenure), Tsinghua University
DEGREE
Ph.D. in Economics, Waseda University, Japan, 2012
PAST EMPLOYMENT AND POSITIONS
Associate Professor (Tenure) , School of Social Sciences, Tsinghua University, 2022-present
Associate Professor, School of Social Sciences, Tsinghua University, 2016-2022
Assistant Professor, School of Social Sciences, Tsinghua University, 2013-2016
Research Associate, Faculty of Political Science and Economics, Waseda University, 2012-2013
HONORS, AWARDS, ACHIEVEMENTS
The 8th Higher Education Institution of China-Scientific Research Outstanding Achievement Awards (Second-Class Award in Humanities and Social Sciences Section) (2020)
The 5th Liu Shibai Economic Science Award (2020)
The 9th JSPE Prize for Young Scholars (2018)
CHINESE GOVERNMENT AWARD FOR OUTSTANDING SELF-FINANCED STUDENTS ABROAD (2011)
Japanese Government (MONBUKAGAKUSHO: MEXT) Scholarship (2007.4-2009.3)
RESEARCH INTEREST
Mathematical Political Economy, Linear Economic Theory, Chinese Economy
SECLECTED PUBLICATIONS
1. Liu, Chong, Bangxi Li*, Jim Huangnan Shen (2025), Accelerated Depreciation and Investment-driven Growth: A Marx-Okishio Approach, Evolutionary and Institutional Economics Review, Forthcoming.
2. Li, Bangxi, Chong Liu, Liang Chen (2024), The “Real-Fictitious” Relationship in China’s Economic Development—An Extension of Marx’s Theory on the Reproduction of Aggregate Social Capital, (in Chinese) Social Sciences in China, (12):23-43.
3. Li, Bangxi, Ning Li* (2024), Economic Fluctuation, Growth and Actual Output Level: From a Marx-Shaikh Perspective, (in Chinese) China Review of Political Economy, 15(06):163-185.
4. Gu, Shan, Bangxi Li*, Shengsheng Wang (2024), Research on the Dynamic Equilibrium of Supply and Demand from the Perspective of Industrial Capital Circulation, (in Chinese) Contemporary Economic Research, (11):17-31.
5. Li, Bangxi, Jinqing Xia, Zhixuan Feng* (2024), Income Distribution, Capacity Utilization Rate and Economic Growth, (in Chinese) Economic Research Journal, 69(8):189-208.
6. Long, Zhiming, Zhixuan Feng, Bangxi Li and Rémy Herrera (2024),Turning One’s Loss into a Win? The US Trade War with China in Perspective, Research in Political Economy, 39:31-50.
7. Li, Bangxi, Yihan Zhao* (2024), The Ideological Origins, Basic Models and Research Progress of the Marx-Sraffa System: Also on the Compatibility between Marxist Thought and Sraffa Method, (in Chinese) The Journal of Humanities, (07):41-53.
8. Zhao, Wenrui, Yuanyuan He, Bangxi Li (2024), Industrial Structure, Education Structure and Job Creation: An Input-output Analytical Framework, (in Chinese) Contemporary Economic Research, (03):94-104.
9. Li, Bangxi, Wenrui Zhao, Jie Li (2023), Recalculation of Economic Scale: Macroeconomic Indicators Based on Improved MPS System, (in Chinese) Study & Exploration, (10):96-106.
10. Li, Bangxi, Shan Gu, Junshang Liang (2022), Cost Criterion, Technical Change, and the Rate of Profit: An Empirical Verification of Okishio’s Theorem, (in Chinese) China Economic Studies, (06):36-51.
11. Li, Bangxi, Wenrui Zhao (2022), Economic Fluctuation, Growth Theory, and Goodwin’s Model: A Critical Review, (in Chinese) The Chinese Journal of Political Economy, 25(04):153-183.
12. Li, Bangxi, Wenrui Zhao (2022), From Total Factor Productivity to Total Labor Productivity: Calculation of China’s Total Labor Productivity and Its Contribution to Growth, (in Chinese) China Review of Political Economy, 13(04):69-91.
13. Li, Bangxi, Yihan Zhao, Zhixuan Feng*, Feng Zhao, Value Circulation, Economic Structure and the New Development Paradigm: A Theoretical Framework of Political Economy and International Comparison, (in Chinese) Economic Research Journal, 56(05):4-19.
14. Li, Bangxi, Shan Gu (2021), Macroeconomic Growth, Instability and Its Regulatory Mechanisms: A Critical Review Based on Post-Keynesian Growth Theory, (in Chinese) Study & Exploration, (12):121-129+2.
15. Feng, Zhixuan, Bangxi Li*, Zhiming Long, Chen Zhang (2020), Value Production, Value Transfer and Accumulation: A Political Economy Analysis of Uneven Regional Development in China, (in Chinese) Economic Research Journal, 55(10):4-21.
16. Li, Bangxi, Jinqing Xia, and Jiaqing Zeng*(2020), Technology Structure, Income Distribution and Economic Growth: Analysis from the Perspective of Neo-Kaleckian School, (in Chinese) China Economic Studies, 3:3-18.
17. Long, Zhiming, Zhixuan Feng, Bangxi Li, Rémy Herrera* (2020), U.S.-China Trade War: Has the Real “Thief” Finally Been Unmasked?, Monthly Review, 72(5):6-14.
18. Li, Bangxi, Chong Liu, Feng Zhao, Yanghua Huang* (2019), Production Structure,Income Distribution and Macroeconomic Efficiency: An Analytical Framework and Empirical Study of Marxist Political Economy, (in Chinese) Economic Research Journal, 54(03):181-193.
19. Li, Bangxi, Yihan Zhao, Zhixuan Feng* (2019), Economic Growth in New China in the Past 70 Years: Trends, Cycles and Structural Characteristics, (in Chinese) Journal of Management World, (09):16-29.
20. Li, Bangxi, Jinqing Xia* (2019), A Two-Sector Marx-Kaleckian Model, Post Keynesian Review, 7(1):15-28.
21. Li, Bangxi, Rui Lu*, Yihan Zhao*, Yoriaki Fujimori (2019), Linear Programming with Moore-Penrose Inverses and the Gravitation Method, Post Keynesian Review, 7(1):1-13.
22. Li, Bangxi, Jinqing Xia (2019), New Research Progress on Neo-Kaleckian Economics, (in Chinese) Economic Perspectives, (11):97-111.
23. Wang, Shengsheng, Bangxi Li, and Shan Gu (2019), Degenerating Value Determination to Value Realisation: The Logical Dilemma of the Okishio Theorem, (in Chinese) The Journal of World Economy, 6:3-19.
24. Chen, Weikai, Zhixuan Feng, Chenxi Gao, Bangxi Li (2019), Recent Development of Political Economy Abroad(2018), (in Chinese) China Review of Political Economy, 3:174-203.
25. Li, Bangxi, Zhen Cui (2019), Tensor Analysis of the Price Theory: A Neo-classical Alternative Framework, (in Chinese) Contemporary Economic Research, 2:5-15.
25. Li, Bangxi, Yihan Zhao*, Yoriaki Fujimori (2018), The Marx-Okishio System and Perron-Frobenius Theorems, Post Keynesian Review, 6(1):15-22.
27. Feng, Zhixuan, Weikai Chen, Bangxi Li (2018), Recent Development of Political Economy Abroad (2017), (in Chinese) China Review of Political Economy, 3:103-131.
28. Zhao, Feng, Yihan Zhao, Bangxi Li (2018), Fixed Capital, the Priority Growth of Production Material and Industrialization: Based on the Structure Analysis of Three-Department of Reproduction Scheme, (in Chinese) Teaching and Research, 3:16-27.
29. Zhao, Feng, Yichen Zhao, Bangxi Li (2017), Marxian Two-Sector Reproduction Scheme and Chinese Macroeconomic Strucures: An Empirical Investigation, (in Chinese) Journal of Renmin University of China, 2:73-81.
30. Li, Bangxi, Feng Zhao (2017), Two Notes on Dynamics of Fixed Capital, Post Keynesian Review, 5(1):1-12.
31. Li, Bangxi, Zhen Cui (2016), Research on the Relation of Economic Roles of China’s State-owned Enterprises and Private Enterprises, (in Chinese) Contemporary Economic Research, (09):44-51.
32. Li, Bangxi, Shengsheng Wang, Hong Pei (2016), Okishio Theorem and Marx’s Theory of the Tendency of the Rate of Profit to Fall: Mathematical Structure, Arguments and Reflection, (in Chinese) Journal of Tsinghua University (Philosophy and Social Sciences), (04):178-186.
33. Rong, Zhaozi, Bangxi Li, Yang Chen (2016), New Exploration of Marxist Theory and Model of General Transformation, (in Chinese) Studies on Marxism, (02):66-78.
34. Pei, Hong, Bangxi Li (2016), Does Okishio Theorem Refute the Theory of the Rate of Profit to Fall, (in Chinese) China Review of Political Economy, 7(2):83-99.
35. Pei, Hong and Bangxi Li (2014), Production and Redistribution of Surplus Value from the Perspective of Analysis Maxism, (in Chinese) Contemporary Economic Research,(12):40-46.
36. Li, Bangxi, Yoriaki Fujimori (2014), Marx’s Labor Theory of Value and Joint Production: An Analysis from the Angle of Linear Economic Theory, (in Chinese) China Review of Political Economy, 5(4):198-213.
37. Li, Bangxi (2014), Kantorovich Theory, DOSSO Model and Chinese Economy, (in Chinese) Economic Theory and Business Management, (03):39-46.
38. Li, Bangxi, Yoriaki Fujimori (2014), Marx-Sraffa Model and Fixed Capital: More Discussions on the Founded Conditions of Cambridge Equation, (in Chinese) Economist, (05):5-17.
39. Li, Bangxi (2014), Fixed Capital and Wage-Profit Curves a la von Neumann-Leontief: China’s Economy 1987-2000, Research in Political Economy, 29:75-93.
40. Li, Bangxi (2014), Marx’s Labour Theory of Value and Its Implications to Structural Problems of China’s Economy, Economic and Political Studies, 2(2):139-50.
41. Li, Bangxi (2013), Turnpike Paths in a Marx-Sraffa-von Neumann Model with Fixed Capital: A Case Study of China’s Economy 1995-2000, Review of Western Economics, 3.
42. Li, Bangxi, Yoriaki Fujimori (2011), Marx-Sraffa Equilibria and Eigenvalue Problems: A Moore-Penrose Pseudoinverse Approach, (in Japanese) Political Economy Quarterly (Japan Society of Political Economy), 48(3):56-68.
43. Li, Bangxi (2011), Economic Durability of Fixed Capital, Waseda Journal of Political Science and Economics, (381-382):17-25.
44. Fujimori, Yoriaki, Bangxi Li (2010), Replacement of fixed capital as a Markov process, (in Chinese) China Review of Political Economy, 1(4):116-127.
45. Li, Bangxi, Yoriaki Fujimori (2010), Fixed Capital and Cambridge Equation, (in Chinese) Economic Theory and Business Management, (07):24-29.
46. Li, Bangxi (2009), Fixed Capital and Standard Commodity, (in Chinese) Economic Theory and Business Management, (3):26-31.
47. Li, Bangxi (2008), China Input-Output Table and Linear Economic Theory, (in Japanese) Political Economy Quarterly (Japan Society of Political Economy), 45(2):66-71.
BOOKS
1. Li, Bangxi, Chong Liu (2025), Introduction to Mathematical Political Economy, (in Chinese), Beijing: Tsinghua University Press, Forthcoming.
2. Li, Bangxi (2017), Linear Theory of Fixed Capital and China’s Economy: Marx, Sraffa and Okishio, Springer.
3. Li, Bangxi (2015), Linear Economic Theory and the Turnpike of Chinese Economy, (in Japanese), Tokyo: Nihon Keizai Hyoronsha.
4. Fujimori, Yoriaki, Bangxi Li (2014), Mathematical Analysis for Marxian Economics, (in Chinese) Beijing: Social Sciences Academic Press.
5. Li, Bangxi, Yoriaki Fujimori (2013), Fixed Capital, Renewal Dynamics and Marx-Sraffa Equilibrium, 51-72, in Kasamatsu M. (ed.), Macro- and Microeconomic Foundations, (Institute for Research in Contemporary Political and Economic Affairs, Waseda University, Studies III), Tokyo: Waseda University Press.
CONFERENCE PAPERS
1. Li, Bangxi, Yihan Zhao (2021), Morishima’s Optimum Values: A Moore-Penrose Pseudoinverse Approach, ASSA 2021 Paper Session: Post Capitalist Futures. (2021.01.04, Virtual Annual Meeting)
2. Li, Bangxi, Shan Gu, Junshang Liang (2021), The Empirical Relevance of Okishio’s Theorem, ASSA 2021 Paper Session: Profits, Class, and Income Distribution. (2021.01.05, Virtual Annual Meeting)
3. Li, Bangxi, Chong Liu (2020), Fixed Capital, Accelerated Depreciation, and Economic Growth: Mathematical and Empirical Studies Based on Political Economy, ASSA 2020 Paper Session: Political Economy of China. (2020.01.04, Manchester Grand Hyatt San Diego, Old Town A)
4. Li, Bangxi, Feng Zhao, Yoriaki Fujimori (2015), An Essay on Fixed Capital, Tohoku Forum for Creativity Pre-Program 2014, The Effects of Technological Changes on Social Mobility and Income Distribution Annual Wrap-up Seminar, March 4-5, at Tohoku University, Japan. (Presented by Prof. Dr. Yoriaki Fujimori)
5. Li, Bangxi (2013), The structural problems in Chinese economy: an analysis based on the Marx’ labor theory of value, International Conference on Economic Theory and Policy after the Crisis, September 16-18, at Meiji University, Tokyo, Japan.
6. Li, Bangxi (2012), Turnpike paths in a Marx-Sraffa-von Neumann Model with Fixed Capital: A Case Study of China’s Economy 1995-2000, International Conference on Structural Economic Dynamics, September 3-5, at Meiji University, Tokyo, Japan.
7. Li, Bangxi (2011), Estimation of Marginal Fixed Capital Coefficient Using Sraffa-Fujimori Method, The Japanese Society for Post Keynesian Economics, December 24, at WASEDA University, Tokyo, Japan.
8. Li, Bangxi (2010), Fixed Capital and the Determination of Economic Durability, International Conference on Production and Distribution to celebrate 50 years anniversary of the publication of Production of Commodities by Means of Commodities, September 4-6, at Meiji University, Tokyo, Japan.
9. Li, Bangxi and Yoriaki Fujimori (2010), Marx-Sraffa Model with Fixed Capital: A Moore-Penrose Pseudoinverse Approach, The 5th International Forum of the World Association for Political Economy(WAPE) -The Crisis of Capitalism and Its Solution: Socialism of the 21st Century, May 29-30, at Suzhou City, China.
10. Li, Bangxi, Yoriaki Fujimori (2009), A Multi-Sector Linear Model with Fixed Capital, The 57th Annual Conference of the Japan Society of Political Economy (JSPE), November 22-23, at the University of Tokyo, Tokyo,Japan.
