Man-Keun Kim
Applied Economics (APEC)
Professor | Regional Economics, Resource and Environmental Economics
Educational Background
Biography
I hold the position of Professor and serve as the Director of Graduate Studies in the Department of Applied Economics at Utah State University, located in Logan, Utah. Additionally, I am honored to be a Senior Fellow at the National Center for Food & Agricultural Policy (NCFAP) in Washington, D.C. My academic focus lies in the realm of Regional Economics, with specialized interests in Agribusiness, Natural Resource, and Environmental Economics. I possess strong skills in mathematical and quantitative modeling. To learn more about my background and expertise, please visit my profile at https://sites.google.com/view/mkmkya/bio.
Teaching Interests
I am currently teaching APEC 5700/6700 Regional and Community Economic Development in the fall, and APEC 5300/6300 Quantitative Analysis for Business and Policy Decisions, in the spring. If you would like to explore the courses I've taught in detail, please visit https://sites.google.com/view/mkmkya/teaching for more information.
Research Interests
Summarizing my research concisely is a challenging task, given the wide range of topics I've explored. This diversity is reflected in my RePEc ranking for the Number of Distinct Works, where I am placed within the top 8% of authors out of over 67,000 registered authors. In terms of my overall rank in the last 10 years on RePEc, I fall within the top 19% as of September 2023. For more comprehensive insights into my research, I encourage you to explore the Publications section below or visit my profile at https://sites.google.com/view/mkmkya/bio.
Awards
Graduate Research Mentor of the Year, 2024
College of Agriculture and Applied Sciences, Utah State University
International Professor of the Year , 2021
College of Agriculture and Applied Science, Utah State University
Publications | Books
- Kim, M., Spreen, T.H, McCarl, B.A, Fei, C., (2025). Applied Mathematical Programming for Business and Economics. World Scientific
- Kim, M., McCarl, B.A, (2018). Applied Mathematical Programming. Department of Applied Economics, Utah State University *
- Sands, R.D, Kim, M., (2009). Modeling the Competition for Land: Methods and Application to Climate Policy: Economic Analysis of Land Use in Global Climate Change Policy. Routledge
- McCarl, B.A, Murray, B.C, Kim, M., Lee, H., Sands, R.D, Schneider, U.A, (2007). Insight from EMF-associated Agricultural and Forestry Greenhouse Gas Mitigation Studies: Human Induced Climate Change: An Interdisciplinary Assessment. Cambridge University Press
Publications | Book Chapters
An asterisk (*) at the end of a publication indicates that it has not been peer-reviewed.
Publications | Fact Sheets
- Drugova, T., Curtis, K., Kim, M., (2020). Impacts of Drought on Tribal Economies in Arizona. USU Extension
- Drugova, T., Curtis, K., Kim, M., (2020). Impacts of Drought on Tribal Economies in Nevada. USU Extension
- Drugova, T., Curtis, K., Kim, M., (2020). Impacts of Drought on Tribal Economies in New Mexico. USU Extension
- Drugova, T., Curtis, K., Kim, M., (2020). Impacts of Drought on Tribal Economies in Utah. USU Extension
An asterisk (*) at the end of a publication indicates that it has not been peer-reviewed.
Publications | Journal Articles
Academic Journal
- Kim, S., Kim, M., Choi, M., Kim, D., (2024). Optimal Preventive Maintenance: Balancing Reliability and Costs in the Electricity Market. Energy Policy, 194, 114316. doi: https://doi.org/10.1016/j.enpol.2024.114316
- Wang, Z., Kim, M., (2024). Decoupling of CO2 Emissions and Income in the U.S.: A New Look from EKC. Climatic Change, 177, doi: https://doi.org/10.1007/s10584-024-03706-5
- Wang, Z., Kim, M., Nartey, P., (2023). Population Ageing and Fiscal Balance in the U.S. States. Asian Journal of Economics and Finance, 5:4, 435-449. doi: https://doi.org/10.47509/AJEF.2023.v05i04.05
- Wang, Z., Kim, M., (2023). Tax Revenues and State Expenditures in the U.S. with Balanced Budget Requirements using Panel VAR. Review of Regional Studies, 53:2, 211-230. doi: https://doi.org/10.52324/001c.87682
- Wang, Z., Teheda, H.A, Kim, M., Siu, W., (2023). Cheese Price Softening in the U.S. - Determining Effects from Excessive Cheese in the Market. Research on World Agricultural Economy, 4:3, 36-45. doi: https://doi.org/10.36956/rwae.v4i3.870
- Wang, Z., Kim, M., (2023). Market Reforms and Dynamic Price Discovery in Imported Natural Gas Markets in China. OPEC Energy Review, 47:2, 87-100. doi: https://doi.org/10.1111/opec.12272
- Vivas, J., Kim, M., Takagi, C., Kirimi, L., (2023). Adopting African Indigenous Vegetables: A Dynamic Panel Analysis of Smallholders in Kenya. Journal of Agricultural and Resource Economics, 48:1, 14-30. doi: https://doi.org/10.22004/ag.econ.316750
- Wang, Z., Kim, M., (2022). Price Bubbles in Oil and Gas Markets and Their Transfer. Resources Policy, 79, 103059. doi: https://doi.org/10.1016/j.resourpol.2022.103059
- Drugova, T., Curtis, K., Kim, M., (2022). The Impacts of Drought on Southwest Tribal Economies. Journal of American Water Resources Association, 58:5, 639-653. doi: http://dx.doi.org/10.1111/1752-1688.13018
- Kim, H., Kim, D., Kim, M., (2022). Economics of Charging Infrastructure for Electric Vehicles in Korea. Energy Policy, 164, 112875. doi: https://doi.org/10.1016/j.enpol.2022.112875
- Nguyen, M., Kim, M., Yang, S., (2021). Exploring the Ingredient Choices and Maximum Budget for Fresh Food Boxes in Taiwan. Horticulturae, 7:10, 408.
- Takagi, C., Purnomo, S.H, Kim, M., (2021). Adopting Smart Agriculture in Organic Farmers in Taiwan. Asian Journal of Technology Innovation, 29:2, 180-195.
- Drugova, T., Kim, M., Jakus, P.M, (2021). Marketing, Congestion, and Demarketing in Utah’s National Parks. Tourism Economics, 27:8, 1759-1778. doi: DOI: 10.1177/1354816620939722
- Kim, M., Kim, H., (2021). The Effects of Household Differentiation and Population Aging on Juice Consumption in Korea. Journal of Tourism and Industry Research, 41:1, 5-11.
- Ryu, J., Kim, D., Kim, M., (2021). Household Differentiation and Residential Electricity Demand in Korea. Energy Economics, 95
- Wright, J., Kim, M., Tejeda, H.J, Kim, H., (2021). A Tournament Approach to Price Discovery in the U.S. Cattle Market. Journal of Agricultural and Applied Economics , 53:1, 21-36. doi: 10.1017/aae.2020.26
- Tejeda, H., Kim, M., (2021). Dynamic Price Relationships and Price Discovery among Cheese Markets. International Food and Agribusiness Management Review, 24:1, 1-13.
- Pisarn , P.J, Kim, M., Yang, S.B, (2020). A Potential Sustainable Pathway of the Community Supported Agriculture in Taiwan: Consumer Perspective in Farmers’ Market. Sustainability, 12:21, 8917.
- Kim, S., Lim, Y., Kim, D., Kim, M., (2020). Swing Suppliers and International Natural Gas Market Integration. Energies, 13:18, 4661.
- Kim, B., Kim, H., Kim, M., Ko, S., (2020). A Simulation Analysis on the Economic Impact of U.S. Tangerine Importing in the Korean Citrus Industry. Journal of the Korean Academia Industrial Cooperation Society, 21:7, 303-311.
- Kim, T., Chang, Y., Kim, D., Kim, M., (2020). Preventive Maintenance and Forced Outage in Power Plants in Korea. Energies, 13:14, 3571.
- Pan, W., Kim, M., Ning, Z., Yang, H., (2020). Carbon Leakage in Energy/Forest Sectors and Climate Policy Implications using Meta-analysis. Forest Policy and Economics115
- Mjelde, J.W, Dudensing, R., Battista, G., Brooks, J., Carrillo, M., Counsil, B., Giri, A., Kim, M., Pyrialakou, V., (2020). Rural Transportation Conference Participants' Opinions and Concerns Pertaining to Transit for Older Adults. SAGE Open, 10:2
- Van Orden, C., Willis, B., Bosworth, R.C, Larsen, R., McCarty, T., Kim, M., (2020). Weather Station Location and the Pasture, Rangeland, and Forage Insurance Program . Choices , 35:Quarter 1
- Kim, B., Kim, M., (2020). An Ex-post Impact Assessment of the KOR-USA Free Trade Agreement on the Korean Citrus Industry. Journal of the Korean Academia Industrial Cooperation Society, 21:4, 538-545.
- Kim, M., Kim, D., (2019). Leading and Lagging Natural Gas Markets between Asia and Europe. OPEC Energy Review, 43:3, 383-395.
- Peralta, D.A, Kim, M., (2019). Big-box Retailers, Retail Employment, and Wages in the U.S.. Review of Urban & Regional Development Studies , 31:1-2, 102-117.
- Kim, M., Jakus, P.M, (2019). Wildfire, National Park Visitation, and Changes in Regional Economic Activity. Journal of Outdoor Recreation and Tourism, 26, 34-42.
- Tejeda, H., Kim, M., Feuz, D., (2019). Impact of Alfalfa Exports Surge on Dairy and Feed Markets in California. Journal of Agribusiness, 37:1, 23-34.
- Feuz, R., Kim, M., (2019). U.S. Sheep Industry and The Public Grazing Fee. Rangeland Ecology & Management, 72, 415-424.
- Kim, M., Lee, Y.G, Kim, S., (2018). Influence of Household Types on Food and Grocery Store Choices. Journal of Rural Development, 41:5, 89-121.
- Kim, M., Tejeda, H.A, (2018). Implicit Cost of the 2010 Foot-and-Mouth Disease in Korea. Studies in Agricultural Economics, 120:3, 166-173.
- Kim, T., Kim, M., (2018). Ex-post Moral Hazard in Prevented Planting. Agricultural Economics, 49:6, 674-680.
- Silva, C., Kim, M., (2018). Optimizing One-Day Driving Restriction using Mathematical Programming. Journal of Applied Operational Research, 10:1, 43-52.
- Caplan, A.J, Kim, M., (2018). A Note on Mitigating the Adverse Scale Effects Associated With Daily Driving Restrictions. Environment and Development Economics, 23, 63-79.
- Kim, M., Tejeda, H.A, Yu, T., (2017). U.S. Milled Rice Markets and Integration across Regions and Types. International Food and Agribusiness Management Review, 20:5, 623-636.
- Kim, M., Ukketad, C.M, Tejeda, H.A, Bailey, D., (2017). Benefits of an Animal Traceability System for a Foot-and-Mouth Disease Outbreak: A Supply-driven Social Accounting Matrix Approach. Journal of Agricultural and Applied Economics, 49:3, 438-466.
- Seo, H., Kim, T., Kim, M., McCarl, B.A, (2017). Introduction of the Trend-Adjusted Crop Insurance Program: Participation- and Coverage-level Responses. Agricultural Finance Review, 77:3, 412-428.
- Kim, M., Pang, A., Bao, W., Bosworth, R.C, (2016). Endogeneity in Casino Revenue and Crime Rates: Case of Las Vegas, Nevada.. Review of Regional Studies, 46:3, 223-255.
- Kim, M., Kim, T., (2016). Estimating Impact of Regional Greenhouse Gas Initiative on Coal to Gas Switching using Synthetic Control Methods. Energy Economics, 59, 328-335.
- Kim, M., Paudel, B., Snyder, D.L, (2015). Benefit Cost for Biomass Co-firing in Electricity Generation: Case of Utah, U.S.. International Journal of Food and Agricultural Economics, 3:3, 15-30.
- Kim, M., (2015). Supply Driven Input-Output Analysis: Case of 2010-2011 Foot-and-Mouth Disease in Korea. Journal of Rural Development, 38:2, 173-188.
- Kim, M., Lee, K., (2015). Dynamic Interactions between Carbon and Energy Prices in the U.S. Regional Greenhouse Gas Initiative. International Journal of Energy Economics and Policy, 5:2, 494-501.
- Harris, T.R, Kim, M., Dick, R.M, Oliver, A., Richardson, J.W, (2015). Inclusion of Risk in Public Sector Projects: An Example with Waste Recycling Options. Public Works Management and Policy , 20:2, 176-195.
- Kim, M., Curtis, K., Yeager, I., (2014). An Assessment of Market Strategies for Small-Scale Produce Growers. International Food and Agribusiness Management Review, 17:3
- Kim, M., Peralta, D., McCarl, B.A, (2014). Agricultural Land-based Greenhouse Gas Emission Offset and Leakage Discounting in the U.S.. Ecological Economics , 105, 265-273.
- Moeltner, K., Kim, M., Zhu, E., Yang, W., (2013). Wildfire Smoke and Health Impacts: A Closer Look at Fire Attributes and their Marginal Effects. Journal of Environmental Economics and Management , 66:3, 476-496.
- Kim, M., Zhu, J., Harris, T.R, Alevy, J., (2013). An LP-SAM Approach for Examining Regional Economic Impacts: An Application to Wildfire Disaster in Southeast Oregon. The Review of Regional Studies , 42:3, 207-221.
- Lee, A.C, Kim, M., (2011). Captive Supply Impact on the U.S. Fed Cattle Price: An Application of Nonparametric Approach. Journal of Rural Development, 34:4, 103-115.
- Yu, T., Kim, M., Cho, S., (2011). Does Trade Liberalization Induce More Greenhouse Gas Emissions? The Case of Mexico and the United States under NAFTA. American Journal of Agricultural Economics, 93:2, 545-552.
- Bishop, C., Curtis, K., Kim, M., (2010). Conserving Water in Arid Regions: Exploring the Economic Feasibility of Alternative Crops . Agricultural Systems, 103:8, 535-542.
- Curtis, K., Cowee, M.W, Kim, M., Harris, T.H, (2010). Evaluating Returns to Cool Season Grass Quality Characteristics for Niche Equine Feed Markets. Journal of Agribusiness, 28:1, 1-18.
- Kim, M., Pang, A., (2009). Climate Change Impact on Rice Yield and Production Risk. Journal of Rural Development, 32:2, 17-29.
- Kim, M., Harris, T.R, Vusovic, S., (2009). Efficiency Analysis of the United States Biotechnology Industry: Clustering Enhances Productivity. AgBioForum, 12:3&4, 422-436.
- Kim, M., McCarl, B.A, (2009). Uncertainty Discounting for Land-based Carbon Sequestration. Journal of Agricultural and Applied Economics, 41:1, 1-11.
- Kim, M., McCarl, B.A, Murray, B.C, (2008). Permanent Discounting for Land-based Carbon Sequestration. Ecological Economics , 64:4, 763-769.
- Kim, M., McCarl, B.A, (2005). The Agricultural Value of Information on the North Atlantic Oscillation: Yield and Economic Effects. Climatic Change , 71:1-2, 117-139.
- Kim, M., Han, D., Jong, P., (1998). Estimating the Value of Food Safety in Beef Consumption. Korean Journal of Agricultural Policy, 25:1, 181-205.
- Han, D., Kim, M., (1997). A Review of Agro-Environmental Policies in Selected Countries. Korean Natural Resource Research , 5, 103-120.
Professional Journal
An asterisk (*) at the end of a publication indicates that it has not been peer-reviewed.
Publications | Technical Reports
Research Reports
- Wang, Z., Kim, M., Zia, M., (2024). The Economic Impact and Benefits of Utah's Blue Ribbon Fisheries. *
- Kim, M., Johnson, M.C, Wang, Z., (2023). Economic Feasibility of Spanish Fork and Payson Hydro-Power Plants. *
- McCarty, T., Wang, Z., Kim, M., Evans, J.P, (2022). The Economic Contribution of Utah's Energy and Mining Industries. Utah Department of Natural Resources
- Gale, L., Kim, M., (2021). Economic Contribution of Utah Green Industry. Utah Department of Agriculture and Food (UDAF) and Utah Nursery and Landscape Association (UNLA) *
- Kim, D., Kim, M., Park, J., Ryu, J., Chang, Y., (2020). A Study on the Development of Two-way REC Market Surveillance Techique. Korea Power Exchange (KPE) *
- Kim, M., (2020). Effects of Drought on National Park Visitation and Regional Economies in Southern Utah. Utah Division of Water Resources (UDW) and National Integrated Drought Information System (NIDIS), National Oceanic and Atmospheric Administration (NOAA) *
- Drugova, T., Kim, M., Openshaw, F., (2020). Drought Impacts on Cattle Industry in Intermountain West. Utah Division of Water Resources (UDW) and National Integrated Drought Information System (NIDIS), National Oceanic and Atmospheric Administration (NOAA) *
- Kim, D., Kim, M., Bang, S., (2019). Study on Improvements in the Frequent Flyer Program in Korean Airlines. Korea Fair Trade Commission (KFTC) *
- Kim, D., Kim, K., Kim, M., (2019). Quantative Study on Baseload Electricity Pricing Reform. Korea Iron & Steel Association (KOSA) *
- Mjelde, J.W, Dudensing, R., Brooks, J., Battista, G., Carrillo, M., Counsil, B., Giri, A., Kim, M., Pyrialakou, V., Ullerich, S., (2017). Economics of Transportation Research Needs for Rural Elderly and Transportation Disadvantaged Populations. White Paper Submitted to the United States Department of Agriculture, National Institute of Food and Agriculture. *
- Lamborn, C.C, Burr, S.W, Kim, M., Kessler, B., (2015). 2014-2015 Central Wasatch Visitor Use Study: Follow-Up E-Survey – Final Report. Institute for Outdoor Recreation and Tourism (IORT), Utah State University *
- Kim, M., (2015). Can Biomass Co-firing Boost the Rural Economy in Utah?. Utah Agricultural Experiment Station, Utah State University *
- Kim, M., (2013). Impacts of Carbon Sequestration Incentive and Biofuel Mandates on Land Use in Utah. Utah Agricultural Experiment Station, Utah State University *
- Kim, M., Jakus, P.M, (2012). Economic Impact and Benefits of Utah’s Blue Ribbon Fisheries. Division of Water Quality, Utah Department of Agriculture and Food *
- Ward, R.A, Kim, M., Jakus, P.M, Feuz, D., (2011). An Economic Analysis of Time Control Grazing in Three Creeks, Rich County, Utah. *
- Harris, T.R, Dick, R.M, Kim, M., Oliver, A., (2010). Economic Analysis of Waste Recycling Options for Washoe County. University Center for Economic Development (UCED), University of Nevada-Reno
- Alevy, J.E, Englin, J., Harris, T.R, Kim, M., Li, Y., Price, M.K, (2009). BLM Wild Horse and Burro Policy: Auction Design and Horse Park Feasibility Study. University Center for Economic Development (UCED), University of Nevada-Reno
- Sands, R.D, Brady, M., Kim, M., (2009). Survey of Land Representation in Economic and Biophysical Models. Global Trade Analysis Project (GTAP) *
- Kim, C., Kim, B., Kim, T., Kim, M., Lee, S., Anderson, J., (2008). Strategies to Comply the Kyoto Protocol in Korean Agricultural Sector. Korea Rural Economic Institute (KREI)
Other Reports
- Curtis, K., Bishop, C.D, Emm, S., Kobayashi, M., Harris, T.R, Kim, M., (2009). Economic Analysis of Water Conservation Practices for Agricultural Producers in the Walker River Basin. University Center for Economic Development (UCED) publication
An asterisk (*) at the end of a publication indicates that it has not been peer-reviewed.
Publications | Other
Bulletins
- Kim, M., (2012). Rice Yield Falls and Its Variability Rises under Global Warming in Southeast Asia. Forum for Agricultural Risk Management in Development, World Bank *
An asterisk (*) at the end of a publication indicates that it has not been peer-reviewed.