Bio

Books

Kim, M-K., Spreen, T. H. , McCarl, B. A., and Fei, C. (2025). Applied Mathematical Programming for Business and Economics. World Scientific, DOI:  https://doi.org/10.1142/12746 or available at https://www.worldscientific.com/worldscibooks/10.1142/12746#t=aboutBook 

Kim, M-K., McCarl, B. A., and Spreen, T. H. (2018). Applied Mathematical Programming. Department of Applied Economics, Utah State University, free download here - https://digitalcommons.usu.edu/oer_textbooks/6/  

Publications - Journal Articles

Kim's students are marked with *. Visit Research page for more information about published articles. 

68. Chang, Y., Kwon, K., Kim, D-W., Kim, M-K., and Kim, M. (2025) Water savings subsidy during 2015 drought in Korea.  Water Resources and Economics, 52: 100265.  https://doi.org/10.1016/j.wre.2025.100265 

67. Chen, H., Kim, M-K., Jiang, W., and Zhang, Y. (2025) Exploring the link between Chinese household income and carbon emissions from 1994 to 2014: A partial closed input-output model approach. Frontiers in Environmental Science, Environmental Economics and Management, 13.  https://doi.org/10.3389/fenvs.2025.1645056   

66. Liou, Y-Y, Kim, M-K., Chang, H-H., and Liou, R-W. (2025) The causal effect of monthly pass programs on public transportation and carbon emissions. Transportation Research Part D: Transport and Environment. 146. https://doi.org/10.1016/j.trd.2025.104903 

65. Wang, Z., Kim, M-K., and Tejeda, H. (2025) Unraveling hidden patterns in fed cattle negotiated cash prices using machine learning. Journal of Agricultural and Applied Economics. https://doi.org/10.1017/aae.2025.10009    

64. Schrobback, P., Zhang, A., Maxwell, C., Tacconi, F., Ujiie, K., Yang, S.-H., Kim, M-K., Ha, T.M., Wardyani, L., Feng, N., Saunders, C., Guenther, M., Kim, H-N., and Samala, N. (2025) Consumer preferences for seafood sustainability attributes: A comparative study of 12 markets. Food Quality and Preference. 130. https://doi.org/10.1016/j.foodqual.2025.105538 

63. Thayer, A., Sun, P.*, Tejeda, H., and Kim, M-K. (2025) Exploring the impact of China's retaliatory tariffs on U.S. soybean exports with machine learning techniques. Journal of Agricultural and Applied Economics. https://doi.org/10.1017/aae.2025.6 

62. Ngo, M.H., Kim, M-K., and Takagi, C. (2025). Assessing technical efficiency and farmer adoption of organic rice in the Red River Delta of Vietnam: An application of metafrontier DEA and Probit Models. Organic Agriculture. https://doi.org/10.1007/s13165-025-00486-9

61. Kim, S-Y., Kim, M-K., Choi, M-H., and Kim, D-W. (2024) Optimal Preventive Maintenance: Balancing Reliability and Costs in the Electricity Market. Energy Policy, 114316. https://doi.org/10.1016/j.enpol.2024.114316  

60. Wang, Z.* and Kim, M-K. (2024) Decoupling of CO2 Emissions and Income in the U.S.: A New Look from EKC.  Climatic Change, 177 (52) . https://doi.org/10.1007/s10584-024-03706-5

59. Wang, Z.*, Kim, M-K., and Nartey, P*. (2023) Population Aging and Fiscal Balance in the U.S. States.  Asian Journal of Economics and Finance, 5(4): 435-449. Link to the article

58. Wang, Z.*, Tejeda, H., Kim, M-K., and 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. https://doi.org/10.36956/rwae.v4i3.870

57. Wang, Z.* and Kim, M-K. (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. https://doi.org/10.52324/001c.87682 

56. Vivas, J.*, Kim, M-K., Takagi, C., and 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. https://doi.org/10.22004/ag.econ.316750

55. Wang, Z.* and Kim, M-K. (2023) Market Reforms and Dynamic Price Discovery in Imported Natural Gas Markets in China. OPEC Energy Review, 47(2): 87-100.  https://doi.org/10.1111/opec.12272

54. Wang, Z.* and Kim, M-K. (2022) Price Bubbles in Oil & Gas Markets and Their Transfer. Resources Policy, 79: 103059. https://doi.org/10.1016/j.resourpol.2022.103059

53. Drugova, T., Curtis, K.R., and Kim, M-K. (2022) The Impact of Drought on Southwest Tribal Economies. Journal of the American Water Resources Association, 58(5): 639-653. http://dx.doi.org/10.1111/1752-1688.13018 

52. Kim, H., Kim, D-W, and Kim, M-K. (2022) Economics of Charging Infrastructure for Electric Vehicles in Korea,  Energy Policy, 164: 112875. https://doi.org/10.1016/j.enpol.2022.112875

51. Drugova, T., Kim, M-K., and Jakus, P.M. (2021) Marketing, Congestion, and Demarketing in Utah’s National Parks. Tourism Economics 27(8): 1759-1778. https://doi.org/10.1177/1354816620939722 

50. Nguyen, M.*, Kim, M-K., and Yang, S-H. (2021) Exploring the Ingredient Choices and Maximum Budget for Fresh Food Boxes in Taiwan,  Horticulturae, 7(10): 408. https://doi.org/10.3390/horticulturae7100408 

49. Drugova, T., Curtis, K., and Kim, M-K. (2021) The Economic Impacts of Drought on Navajo Nation. Journal of Food Distribution Research 52(1): 31-38. https://www.fdrsinc.org/wp-content/uploads/2021/05/JFDR52.1_7_Drugova.pdf

48. Kim, M-K. and Kim, H-N. (2021) The Effects of Household Differentiation and Population Aging on Juice Consumption in Korea. Journal of Tourism and Industry Research 41(1): 5-11. https://doi.org/10.24907/jtir.2021.2.41.1.5

47. Ryu, J., Kim, D-W, and Kim, M-K. (2021)  Household Differentiation and Residential Electricity Demand in Korea. Energy Economics 95: 105090. https://doi.org/10.1016/j.eneco.2020.105090 

46. Wright, J.*, Kim, M-K., Tejeda, H.A. and Kim, H-N. (2021) A Tournament Approach to Price Discovery in the U.S. Cattle Market. Journal of Agricultural and Applied Economics 53(1): 21-36.  https://doi.org/10.1017/aae.2020.26 

45. Tejeda, H.A. and Kim, M-K. (2021) Dynamic Price Relationships and Price Discovery among Cheese Markets. International Food and Agribusiness Management Review 24(1):1-13. https://doi.org/10.22434/IFAMR2019.0206 

44. Takagi, C., Purnomo, S.H., and Kim, M-K. (2021) Adopting Smart Agriculture among Organic Farmers in Taiwan. Asian Journal of Technology Innovation,29(2): 180-195, https://doi.org/10.1080/19761597.2020.1797514 

43. Pisarn, P.*, Kim, M-K., Yang, S-H. (2020)  A Potential Sustainable Pathway of the Community Supported Agriculture in Taiwan: Consumer Perspective in Farmers’ Market. Sustainability, 12(21): 8917. https://doi.org/10.3390/su12218917 

42. Kim, S-H., Lim, Y-Y., Kim, D-W, and Kim, M-K. (2020) Swing Suppliers and International Natural Gas Market Integration. Energies 13(18): 4661. https://doi.org/10.3390/en13184661 

41. Kim, B-S., Kim, H-N., Kim, M-K., and Ko, S-B. (2020) A Simulation Analysis on the Economic Impact of U.S. Tangerine Importing in the Korean Citrus Industry. Journal of the Korea Academia-Industrial Cooperation Society 21(7): 303-311. https://doi.org/10.5762/KAIS.2020.21.7.303 

40. Kim, T-W., Chang, Y., Kim, D-W., and Kim, M-K. (2020) Preventive Maintenance and Forced Outages in Power Plants in Korea. Energies 13(14): 3571. https://doi.org/10.3390/en13143571 

39. Mjelde, J.W, Dudensing, R., Battista, G., Brooks, J., Carrillo, M., Counsil, B., Giri, A., Kim, M-K., Pyrialakou, V. (2020) Rural Transportation Conference Participants' Opinions and Concerns Pertaining to Rural Transit for Older Adults. SAGE Open 10(2). https://doi.org/10.1177/2158244020924036 

38. Pan, W., Kim, M-K., Ning, Z., and Yang, H. (2020). Carbon Leakage in Energy/Forest Sectors and Climate Policy Implications using Meta-analysis. Forest Policy and Economics, 115: 102161 https://doi.org/10.1016/j.forpol.2020.102161 

37. Kim, B-S. and Kim, M-K. (2020) An Ex-post Impact Assessment of the KOR-USA Free Trade Agreement on the Korean Citrus Industry. Journal of the Korea Academia-Industrial Cooperation Society, 21(4): 538-545. 

36. Van Orden, C*, Willis, B.,  Bosworth, R., Larsen, R., McCarty, T., and Kim, M-K. (2020) Weather Station Location and the Pasture, Rangeland, and Forage Insurance Program. Choices, 35 Quarter 1.

35. Kim, M-K. and Kim, D-W. (2019) Leading and Lagging Natural Gas Markets between Asia and Europe. OPEC Energy Review, 43(3): 383-395.

34. Peralta, D.* and Kim, M-K. (2019). Big-box Retailers, Retail Employment, and Wages in the U.S. Review of Urban & Regional Development Studies, 31(1-2): 102-117.

33. Tejeda, H.A., Kim, M-K., and Feuz, D. (2019). Impact of Alfalfa Exports Surge on Dairy and Feed Markets in California. Journal of Agribusiness, 37(1): 23-34.

32. Kim, M-K. and Jakus, P.M. (2019). Wildfire, National Park Visitation, and Changes in Regional Economic Activity. Journal of Outdoor Recreation and Tourism, 26: 34-42.

31. Feuz, R.* and Kim, M-K. (2019). U.S. Sheep Industry and The Public Grazing Fee. Rangeland Ecology & Management, 72: 415-424.

30. Kim, M-K., Lee, Y-G., and Kim, S-S. (2018). Influence of Household Types on Food and Grocery Store Choices. Journal of Rural Development, 41(5): 89-121.

29. Kim, M-K., and Tejeda, H.A. (2018). Implicit Cost of the 2010 Foot-and-Mouth Disease in Korea. Studies in Agricultural Economics, 120(3): 166-173.

28. Kim, T-H.*, and Kim, M-K. (2018). Ex-post Moral Hazard in Prevented Planting. Agricultural Economics, 49(6): 674-680.

27. Silva, C.* and Kim, M-K. (2018). Optimizing One-Day Driving Restriction using Mathematical Programming. Journal of Applied Operational Research, 10(1): 43-52.

26. Caplan, A.J. and Kim, M-K. (2018). A Note on Mitigating the Adverse Scale Effects Associated With Daily Driving Restrictions. Environment and Development Economics, 23: 63-79.

25. Kim, M-K., Tejeda, H.A., and Yu, T. (2017). U.S. Milled Rice Markets and Integration across Regions and Types. International Food and Agribusiness Management Review, 20(5): 623-636.

24. Kim, M-K., Ukketad, C.M.*, Tejeda, H.A., and 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.

23. Seo, H-S., Kim, T-H.*, Kim, M-K., and McCarl, B.A. (2017). Introduction of the Trend-Adjusted Crop Insurance Program: Participation- and Coverage-level Responses. Agricultural Finance Review, 77(3): 412-428.

22. Kim, M-K., Pang, A., Bao, W.*, and Bosworth, R.C. (2016). Endogeneity in Casino Revenue and Crime Rates: Case of Las Vegas, Nevada. Review of Regional Studies, 46(3): 223-255.

21. Kim, M-K. and Kim, T-H.* (2016). Estimating Impact of Regional Greenhouse Gas Initiative (RGGI) on Coal to Gas Switching using Synthetic Control Methods. Energy Economics, 59: 328-335.

20. Kim, M-K., Paudel, B.*, and 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.

19. Kim, M-K. (2015). Supply Driven Input-Output Analysis: Case of 2010-2011 Foot-and-Mouth Disease in Korea. Journal of Rural Development, 38(2): 173-188.

18. Kim, M-K. and Lee, K-I.* (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.

17. Harris, T.R, Kim, M-K., Dick, R.M, Oliver, A., and 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.

16. Kim, M-K., Curtis, K., and Yeager, I.* (2014). An Assessment of Market Strategies for Small-Scale Produce Growers. International Food and Agribusiness Management Review, 17(3): 187-204 .

15. Kim, M-K., Peralta, D.*, and McCarl, B.A. (2014). Agricultural Land-based Greenhouse Gas Emission Offset and Leakage Discounting in the U.S. Ecological Economics, 105: 265-273.

14. Moeltner, K., Kim, M-K., Zhu, E.*, and 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.

13. Kim, M-K. (2012) Rice Yield Falls and Its Variability Rises under Global Warming in Southeast Asia. Forum for Agricultural Risk Management in Development (FARMD)

12. Kim, M-K., Zhu, E.*, Harris, T.R, and Alevy, J. (2012). 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.

11. Lee, A.C. and Kim, M-K., (2011). Captive Supply Impact on the U.S. Fed Cattle Price: An Application of Nonparametric Approach. Journal of Rural Development, 34(4): 103-115.

10. Yu, T., Kim, M-K., and Cho, S-H. (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.

9. Bishop, C., Curtis, K., and Kim, M-K., (2010). Conserving Water in Arid Regions: Exploring the Economic Feasibility of Alternative Crops . Agricultural Systems, 103(8): 535-542.

8. Curtis, K., Cowee, M.W., Kim, M-K., Harris, T.H. (2010). Evaluating Returns to Cool Season Grass Quality Characteristics for Niche Equine Feed Markets. Journal of Agribusiness, 28(1): 1-18.

7. Kim, M-K. and Pang, A. (2009). Climate Change Impact on Rice Yield and Production Risk. Journal of Rural Development, 32(2): 17-29.

6. Kim, M-K., Harris, T. R., and Vusovic, S. (2009). Efficiency Analysis of the United States Biotechnology Industry: Clustering Enhances Productivity. AgBioForum, 12 (3&4): 422-436.

5. Kim, M-K., McCarl, B. A. (2009). Uncertainty Discounting for Land-based Carbon Sequestration. Journal of Agricultural and Applied Economics, 41(1): 1-11.

4. Kim, M-K., McCarl, B. A., and Murray, B. C. (2008). Permanence Discounting for Land-based Carbon Sequestration. Ecological Economics, 64(4): 763-769.

3. Kim, M-K. and 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. https://doi.org/10.1007/s10584-005-5928-x 

2. Kim, M-K., Han, D-B., and Jong, P. (1998). Estimating the Value of Food Safety in Beef Consumption. Korean Journal of Agricultural Policy, 25(1): 181-205.

1. Han, D-B. and Kim, M-K., (1997). A Review of Agro-Environmental Policies in Selected Countries. Korean Natural Resource Research, 5: 103-120.

Selective Other Publications: Book Chapters / Reports

Wang, Z.*, Kim, M-K., and Zia, M.*. 2024. The Economic Impact and Benefits of Utah's Blue-Ribbon Fisheries, Report prepared for the Utah Division of Wildlife Resource (UDWR), July 2024.

McCarty, T., Wang, Z.*, Kim, M-K., and Evans, J. 2022. The Economic Contribution of Utah's Energy and Mining Industries, Miscellaneous Publication 176, Utah Geological Survey, Utah Department of Natural Resources, November 2022.  Available at https://ugspub.nr.utah.gov/publications/misc_pubs/mp-176.pdf 

Drugova, T., Curtis, K. and Kim, M-K. 2021. Impacts of Drought on Tribal Economies in Utah, USU Extension Fact Sheet, Applied Economics/2020-01pr, Utah State University.

Drugova, T., Curtis, K. and Kim, M-K. 2021. Impacts of Drought on Tribal Economies in Nevada, USU Extension Fact Sheet, Applied Economics/2020-02pr, Utah State University.

Drugova, T., Curtis, K. and Kim, M-K. 2021. Impacts of Drought on Tribal Economies in New Mexico, USU Extension Fact Sheet, Applied Economics/2020-03pr, Utah State University.

Drugova, T., Curtis, K. and Kim, M-K. 2021. Impacts of Drought on Tribal Economies in Arizona, USU Extension Fact Sheet, Applied Economics/2020-04pr, Utah State University.

Kim, M-K. 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). May 2020.

Jakus, P.M., Kim, M-K., Martin, R.C., Hammond, I.,  Hammill, E., Mesner, N., and Stout, J. 2017. Wildfire in Utah: The Physical and Economic Consequences of Wildfire, Utah State University, Prepared for Utah Department of Agriculture and Food (UDAF).

Mjelde, J.W., R. Dudensing, J. Brooks, G. Battista, M. Carrillo, B. Counsil, A. Giri, M-K. Kim, V.D. Pyrialakou, and S. Ullerich (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. Washington, D.C. March 2017.

Lamborn, C.C., S.W. Burr, M-K. Kim, and B. Kessler (2015) 2014-2015 Central Wasatch Visitor Use Study: Follow-Up E-Survey – Final Report. Institute for Outdoor Recreation and Tourism (IORT), Utah State University, July 2015.

Kim, M-K., and P.M. Jakus (2013) The Economic Contribution and Benefits of Utah’s Blue Ribbon Fisheries, Center for Society, Economy, and the Environment (CSEE), Research Report #4, Prepared for Utah Division of Wildlife Resources (UDWR). 

Kim, M-K. (2012) Rice Yield Falls and Its Variability Rises under Global Warming in Southeast Asia, Forum for Agricultural Risk Management in Development (FARMD), World Bank. 

Sands, R.D. and M-K. Kim (2009) “Modeling the Competition for Land: Methods and Application to Climate Policy.” Edited by T. Hertel, S. Rose and R. Tol. Economic Analysis of Land Use in Global Climate Change Policy, Routledge