Chang Youngho
Assistant Professor
Division of Economics

Email: isyhchang@ntu.edu.sg
Tel: 65138107
Fax: 6795 5797

HSS-04-65
School of Humanities and Social Sciences
Nanyang Technological University
14 Nanyang Drive
Singapore 637332

Research Interests

• Energy Economics
• Economics of Global Warming and Climate Change
• Energy Efficiency and Conservation of Energy
• Economics of Energy Security
• Energy and Economic Growth in China

Selected Publications

Journal Papers:

1. “Biofuel on global economy: Economic, social, and the environmental perspectives,” with Sarah Ho and Patricia Seah, Northeast Asia Energy Focus, (7(1), 65-75 (2010).
2. “Energy and economy modelling,” with Benjamin Tang and Wei Mei Hum, ESI Bulletin on Energy Trends and Development, 1(4): 2-5 (2009).
3. “The economics of energy security: Definition and drivers,” Northeast Asia Energy Focus, 6(1): 29-36 (2009).
4. “Electricity market deregulation and energy security: A study of the UK and Singapore electricity markets,” with Jian Liang Lee, International Journal of Global Energy Issues 29(1/2): 109-132 (2008).
5. “Efficiency of generation companies in the deregulated electricity market of Singapore: Parametric and non-parametric approaches,” with Wai Lit Toh, International Journal of Electronic Business Management 5(3): 225-238 (2007).
6. “Differing perspectives of major oil firms on future energy developments: An illustrative framework,” with Jiayun Yong, Energy Policy 35(11): 5466-5480 (2007).
7. “Electricity market structure, electricity price and its volatility” with Cheolbeom Park, Economics Letters, 95(2): 192-197 (2007).
8. “The new electricity market of Singapore: Regulatory framework, market power and competition,” Energy Policy, 35(1): 403-412 (2007).
9. “Efficiency and deregulation of the electricity market in Singapore,” with Tuan Hin Tay, Energy Policy, 34(16): 2498-2508 (2006).
10. “Oil price fluctuations and the Singapore economy,” with Joon Fong Wong, Energy Policy, 31(11): 1151-1165 (2003).
11. “Economy, energy, and environment: A general-equilibrium model of heterogeneous demand and extraction in natural resources,” Environmental and Resource Economics Review, 6: 193-210 (1997).
12. “The asymptotic variance of ML estimator of MA (1) coefficient – Solution,” with Eric Im, Econometric Theory, 9(3): 527-530 (1993).
13. “The asymptotic variance of ML estimator of MA (1) coefficient,” with Eric Im, Econometric Theory, 8(3): 424-426 (1992).

Conference Papers and Presentations:

1. “Health impacts of air pollution in Singapore,” at the Economy and Environment Program for Southeast Asia (EEPSEA) 33rd Biannual Workshop, Manila, the Philippines, 24 – 27 May 2010.
2. “Economic models for sustainable urban development,” at the GlobalTech Presidents Meeting and Workshop, Shanghai Jiao Tong University, Shanghai, China, 3 – 4 May 2010.
3. “Energy in a Seamless Asia,” ADBI-ADB-ISAS Joint Dissemination Seminar for the Book on Infrastructure for a Seamless Asia, 12 February 2010, NUSS The Graduate Club
4. “Energy Economics: Fundamentals and Applications – Modeling and Simulation,” DNV/NTU Project Proposal Workshop, 11 February 2010, NTU Research Techno Plaza
5. “Energy technology: Is it a solution for climate change?,” the 2nd Energy Economy Modeling Workshop, Energy Studies Institute, 19 – 20 October 2009, Gran Park City Hall Hotel, Singapore
6. “Engineering vs economic efficiency,” in Poster Session, Inaugural Workshop at the launch of Energy Research Institute @ NTU (ERI@N), Nanyang Technological University, Singapore, 1 – 4 June 2009.
7. “Implications of low oil prices: The anticipated energy winners and losers at the end of global recession,” Energy Security Conference, organized by Energy Studies Institute, National University of Singapore, Orchard Hotel, Singapore, 22 May 2009.
8. “The economics of climate change regimes – A sustainable post-Kyoto framework,” NTU – University of Nottingham Workshop, Nanyang Technological University, 16 January 2009.
9. “Energy security in Singapore,” with Nur Azha Putra, Regional Workshop on Energy and Non-Traditional Security, Copthorne Hotel Waterfront, Singapore, 28 – 29 August 2008.
10. “Role of markets in governance and energy security,” with Collin Koh, Regional Workshop on Energy and Non-Traditional Security, Copthorne Hotel Waterfront, Singapore, 28 – 29 August 2008.
11. “The economics of energy security,” at the Fourth Meeting of the CSCAP Study Group on Energy Security, 8 - 9 July 2008, Bandar Seri Begawan, Brunei Darussalam.
12. “Agenda for a regional integrated energy market in Asia,” at the Third Meeting of the CSCAP Study Group on Energy Security, 25 - 26 March 2008, Beijing, China.
13. “Energy and climate change: The loop that binds the world,” at the Conference on Climate Change and Security organized by S. Rajaratnam School of International Studies (RSIS), Nanyang Technological University, Singapore and the Switzerland Embassy in Singapore, 11 – 12 October 2007, Traders Hotel, Singapore
14. “Energy security and climate change: Challenges ahead,” at the Joint Seminar of the Deutsche Gesellschaft fur Auswartige Politik e.V. (DGAP), Germany and the S. Rajaratnam School of International Studies (RSIS), Nanyang Technological University, Singapore, 1 – 2 October 2007, Berlin, Germany.
15. “Is an integrated regional energy market a way to ensure energy security?” at the Second Meeting of the CSCAP Study Group on Energy Security, 14-15 September 2007, Goa, India.
16. “Energy and climate change: Towards sustainable development,” at the Conference on Spotlight on Asia’s Energy and Security Development – A Multilateral Response?, organized by the Institute for Security and Development Policy (ISDP), Sweden and the S. Rajaratnam School of International Studies (RSIS), Nanyang Technological University, Singapore, 7 – 8 September 2007, Traders Hotel, Singapore
17. “The prospects for an integrated regional energy market,” at a Study Group on Energy Security Meeting hosted by CSCAP Singapore co-chairing with CSCAP-India, 23-24 April 2007, Traders Hotel, Singapore.
18. “Consumption efficiency and deregulated electricity market,” with Q. Ong, the 9th USAEE/IAEE/Allied Social Sciences Associations (ASSA) Annual Conference, Chicago, USA, 5 – 7 January 2007.
19. “Issue linkage and multilateral environmental agreements,” with Ruchika Saluja, International Workshop on the Legal Issues for Clean Energy and Climate Change, Tsinghua University, Beijing, China, 21 – 22 October 2006.
20. “Energy and environmental protection: Role of renewable energy,” International Symposium on Energy Security: China and the World, organized by China Institute for International Strategic Studies (CIISS), Beijing, China, 24 -26 May 2006.
21. “Pricing behavior, market power and vesting contracts in a deregulated electricity market,” the 8th USAEE/IAEE/Allied Social Sciences Associations (ASSA) Annual Conference, Boston, USA, 5 – 8 January 2006.
22. “Competition and market efficiency in a deregulated electricity market,” Workshops at the Allied Social Sciences Associations/Korea-America Economic Association (ASSA/KAEA) Annual Conference, Philadelphia, USA, 6 – 9 January 2005.
23. “Market power and competition in a deregulated electricity market,” Joint Workshop between Department of Economics, National University of Singapore and Faculty of Economics, Chulalongkorn University, Bangkok, Thailand, 3 December 2004.
24. “Equity, efficiency and effectiveness of greenhouse gas emissions reduction paradigms: Agenda for advanced developing economies,” the Asia-Europe Environment Forum 2nd Roundtable: “Reinforcing Asia-Europe Cooperation on Climate Change,” 25-26 March 2004, Jeju, South Korea.
25. “Deregulation, competition and efficiency in the National Electricity Market in Singapore (NEMS),” PPP Conference 2004: Regulation, De-regulation and Re-regulation in Globalizing Asia, 22-23 March 2004, Singapore
26. “Price responsiveness in the new electricity market: A Singapore experience,” with T. Tay, the Korea-America Economic Association (KAEA) Annual Meeting, Allied Social Science Associations (ASSA) Annual Meetings, 3 - 5 January 2004, San Diego, CA, USA.
27. “Globalization and electricity market reforms in Singapore and Korea: Is wind still blowing?” Global Challenges and Local Responses, a workshop organized by Faculty of Arts and Social Sciences, National University of Singapore, 11-12 October 2003, NUS, Singapore.
28. “Efficiency and deregulation of the electricity market in Singapore,” with T. Tay, International Conference on “Energy Market Reforms: Issues and Problems” (2nd Asia Energy Conference), 25 – 26 August 2003, Hong Kong Baptist University, Hong Kong, China.
29. “Economic growth and the environmental quality,” with A. Chong, the 7th PRSCO Summer Institute/The4th IRSA International Conference, 20-21 June 2002, Bali, Indonesia.
30. “Energy policy in Singapore: Efficiency, equity, and sustainability,” Joint-Workshop Between the Department of Economics, National University of Singapore and the School of Economics, University of Nottingham, 12 -13 April 2002, Singapore.
31. “Poverty, energy, and economic growth in Singapore,” with J. Wong, the 26th Federation of ASEAN Economic Association (FAEA) Annual Conference, 20-21 December 2001, Bangkok, Thailand.

Commentaries and Policy Briefs:

1. “Taxing questions on the carbon challenge,” with Benjamin Tang, the Straits Times, Singapore Press Holdings Limited, 03 December 2009.
2. “ASEAN Petroleum Security Agreement: Sealed or leaking?” with Collin Koh, RSIS Commentaries, No. 28, 2009, S. Rajaratnam School of International Studies, Nanyang Technological University.
3. “Gas feuds: Russia and the EU’s energy security,” with Jesmeen Khan, RSIS Commentaries, No. 12, 2009, S. Rajaratnam School of International Studies, Nanyang Technological University.
4. “Energy security: Rethinking market and governance,” with Collin Koh, NTS Insight, October 2008, Centre for Non-Traditional Security Studies, S. Rajaratnam School of International Studies, Nanyang Technological University
5. “Energy security in Singapore: Opportunities and challenges,” with Nur Azha Putra, RSIS Commentaries, No. 101, 2008, S. Rajaratnam School of International Studies, Nanyang Technological University.
6. “Making power affordable to all,” with Nur Azha Putra, the Straits Times, Singapore Press Holdings Limited, 18 September 2008.

Books:

1. Energy Security: Asia-Pacific Perspectives, with Virendra Gupta, Chong Guan Kwa, Bhupendra Kumar Singh, Alvin Chew and Youngho Chang, Manas Publications, New Delhi, India (2009)
2. Feasibility Study on Establishing of Oil Product Spot Market in Northeast Asia, with Jin Young So (Lead Author), Nam Jin Roh and Hyun Jin An, Korea Energy Economics Institute, December 2007 (in Korean with Executive Summary in English)

Book Reviews:

1. Crude Power: Politics and the Oil Market by æystein Noreng (I.B. Tauris, London, 2002), Energy Policy, 32: 1036-1038 (2004).