Jungho Baek

Dr. Jungho Baek

Jungho Baek

Professor, Business Administration Program
213B Bunnell Building
(907) 474-2754


Research and Scholarly Interests

International Trade and Policy

Economics of Environment

Energy Economics

Econometric Modeling



Ph.D., 2004, Resource Economics, Michigan State University


Recent Publications

Park, J., & Baek, J. (in press). “Analyzing Asymmetric Responses of Mergers and Acquisitions in the North American Oil and Gas Industry to Oil Price Changes.” Review of Economics & Finance.

Kim, Y., Kim, S., Baek, J., & Heo, E. (in press). “On the Linkages between Democracy and the Environment: Evidence from Developed and Developing Countries.” Energy & Environment.

Lee, D., & Baek, J. (in press). “Stock Prices of Renewable Energy Firms: Are There Asymmetric Responses to Oil Price Changes?” Economies.

Bahmani-Oskooee, M. & Baek, J. (in press). “Asymmetry Cointegration and the J-Curve: New Evidence from Korean Bilateral Trade Balance Models with her 14 Partners.” Journal of the Asia Pacific Economy.

Baek, J. & Miljkovic, D. (in press, 2018). “Monetary Policy and Overshooting of Oil Prices in an Open Economy.” The Quarterly Review of Economics and Finance.

Akbota, A. & Baek, J. (2018). “The Environmental Consequences of Growth: Empirical Evidence from the Republic of Kazakhstan.” Economies, 6(1), 19-30.

Diputra, E. & Baek, J. (2018). “Does Growth Good or Bad for the Environment in Indonesia?” International Journal of Energy Economics and Policy, 8(1), 1-4.

Shin, C., Baek, J., & Heo, E. (2018). “Do Oil Price Changes Have Symmetric or Asymmetric Effects on Korea's Demand for Imported Crude Oil?” Energy Sources, Part B: Economics, Planning and Policy, 13(1), 6-12.

Kaczmarski, J. & Baek, J. (2018). “On the Asymmetric Effects of Oil Price Changes on Alaska Oil Tax Revenue.” Energy Sources, Part B: Economics, Planning and Policy, 13(1), 60-65.

Bahmani-Oskooee, M. & Baek, J. (2017). “Do Exchange Rate Changes have Symmetric or Asymmetric Effects on the Demand for Money in Korea?” Review of Economic Analysis, 9(2), 155-168.

Kozminski, K. & Baek, J. (2017). “Can an Oil-Rich Economy Reduce its Income Inequality? Empirical Evidence from Alaska's Permanent Fund Dividend.” Energy Economics, 65, 98-104.

Baek, J. & Choi, Y. (2017). “Does Foreign Direct Investment Harm the Environment in Developing Countries? Dynamic Panel Analysis of Latin American Countries.” Economies, 5(4), 1-8.

Choi, Y. & Baek, J. (2017). “Does FDI Really Matter to Economic Growth in India?” Economies, 5(20), 1-9.

Umekwe, M. & Baek, J. (2017). “The Impact of Oil Price Changes on Major U.S. Tight Oil Plays.” Energy Sources, Part B: Economics, Planning and Policy, 12(9), 786-793.

Bocklet, J. & Baek, J. (2017). “Do oil price changes have symmetric or asymmetric effects on unemployment?: Empirical evidence from Alaska.” Energy Sources, Part B: Economics, Planning and Policy, 12(5), 402-407.

Umekwe, M. & Baek, J. (2017). “Does Oil Prices Really Matter to U.S. Shale Oil Production?” Energy Sources, Part B: Economics, Planning and Policy, 12(3), 268-274.

Liao, X., Dogan, E., & Baek, J. (2017). “Does Corruption Matter for the Environment? Panel Evidence from China.” Economics, 11, 1-12.

Wood, D. & Baek, J. (2017). “Factors Affecting Alaska's Salmon Permit Values: Evidence from Bristol Bay Drift Gillnet Permits.” Review of Economics & Finance, 10(4), 63-71.

Chi, J. & Baek, J. (2017). “Modeling the transportation infrastructure growth nexus in the United States.” Journal of the Transportation Research Forum, 55(3), 23-39.

Bahmani-Oskooee, M. & Baek, J. (2017). “Economic uncertainty, monetary uncertainty and the Korean demand for money.” Journal of Economic Policy Reform, 1748-7870.

Baek, J. (2016). “A new look at the FDI–income–energy–environment nexus: Dynamic panel data analysis of ASEAN.” Energy Policy, 91, 22-27.

Bahmani-Oskooee, M., Baek, J., & Hegerty, S. (2016). “GARCH-Based Versus Traditional Measures of Exchange-Rate Volatility: Evidence from Korean Industry Trade.” International Journal of Trade and Global Markets, 9(2), 103-136.

Baek, J. (2016). “Do Nuclear and Renewable Energy Improve the Environment?: Empirical Evidence from the United States.” Ecological Indicators, 66, 352-356.

Raines, R. & Baek, J. (2016). “The recent evolution of the U.S., Beveridge curve: evidence from the ARDL approach.” Review of Economics & Finance, 6, 14-24.

Bahmani-Oskooee, M. & Baek, J. (2016). “Global Financial Crisis of 2008, Asymmetric Effects of Exchange Rate Changes, and Stability of the Demand for Money in Japan.” Journal of Reviews on Global Economics, 5, 273-280.

Bahmani-Oskooee, M. & Baek, J. (2016). “Do exchange rate changes have symmetric or asymmetric effects on the trade balance? Evidence from U.S.-Korea commodity trade.” Journal of Asian Economics, 45, 15-30.

Baek, J. (2016). “Analyzing Long-Run Relationships between Exports and Imports Revisited: Evidence from G-7 Countries.” Economics Bulletin, 36(2), 665-676.

Tappen, S. & Baek, J. (2016). “Can Oil Tax Policy Change Exploration Levels?: Empirical Evidence from Alaska Oil Legislation.” Energy Sources, Part B: Economics, Planning and Policy, 11(11), 1055-1060.

Baek, J. (2015). “Empirical Evidence on Korea's Import Demand.” Research in Applied Economics, 7(2), 11-20.

Baek, J. (2015). “Environmental Kuznets curve for CO2 emissions: the case of Arctic countries.” Energy Economics, 50, 13-17.

Molina, A. & Baek, J. (2015). “Analyzing Factors Affecting U.S. College Textbook Prices.” Review of Economics & Finance, 5, 35-42.

Bahmani-Oskooee, M. & Baek, J. (2015). “The Marshall-Lerner condition at commodity level: Evidence from Korean-U.S. trade.” Economics Bulletin, 35(2), 1136-1147.

Snigaroff, R. & Baek, J. (2015). “Fund Hiring Rules and Investment Firms.” Journal of Investing, 24(3), 7-16.

Baek, J. & Seo, J. (2015). “A Study on Unobserved Structural Innovations of Oil Price: Evidence from Global Stock, Bond, Foreign Exchange and Energy Market.” Review of Pacific Basin Financial Markets and Policies, 18 (1).

Edinger, T. & Baek, J. (2015). “The Role of Property Rights in Bycatch Reduction:Evidence from the British Columbia Groundfish Fishery.” Fisheries Research, 168, 100-104.

Baek, J. (2015). “A panel cointegration analysis of CO2 emissions, nuclear energy and income in major nuclear generating countries.” Applied Energy, 145, 133-138.

Bahmani-Oskooee, M. & Baek, J. (2015) “Further Evidence on Orcutt’s Hypothesis using Korean-U.S. Commodity Data.” Applied Economics Letters. 22(9): 717-724.

Baek, J. (2014). “Exchange rate effects on Korea–U.S. bilateral trade: A new look.” Research in Economics/Ricerche Economiche, 68(3), 214-221.



Traveling, Table Tennis, Music.


Courses Taught

ECON 202, ECON 227, ECON 327.