First Author:   Wan-Hsin Liu Kiel Institute for the World Economy; Kiel Centre for Globalization wan-hsin.liu@ifw-kiel.de   Kiel, 24105, Germany   +49(0)4318814269(Phone) +49(0)4318814269(Fax) Second Author: Xinming Xia Tsinghua University xxm1231@pku.edu.cn