
Hello! I'm Jungmin
Climate Change and Energy Economist
with diverse experience in policy evaluation and empirical analysis.
Areas of current research
focuses on the economic analysis of climate and energy policies, including ETS;
empirical assessment of climate and disaster impacts, policy effectiveness, and adaptation and resilience.
PM of 3-yr NRF-funded research project
on sustainable energy systems and carbon neutrality policy.
Beyond academia
has contributed to international climate policy
as a government delegate advisor to the UNFCCC (2019–2020) and an expert reviewer for the IPCC 6th Assessment Report WGIII (2020–2023).
Policy-making Engagement
Actively engaged in national climate and energy policy through service on key government committees :
Deliberation Committee on Determinations of Allocation of Korean ETS ('21–'24, MOE);
Emissions Certification Committee of Korean ETS
('24–present, MOE);
Expert Committee on Energy Policy ('24–present, MOTIE).


Jungmin Lim, Ph.D
Assistant Professor,
Chair of the Department of Economics
Ph.D. & M.S. Ag., Food, and Resource Economics,
Michigan State University, USA
(Major field: Environmental & Resource Economics)
B.A. Agricultural Economics,
Seoul National University, South Korea
Areas of Specialization
Climate Change, Energy & Resource Economics
Disaster and Climate Change Impact & Policy
Applied Microeconomics, Panel Data Analysis
Urban, Rural & Regional Economics

Education
M.S / Ph. D. Agricultural, Food & Resource Economics
August 2018
Michigan State University, East Lansing, MI. Overall GPA: 3.97/4.0
Ph.D. Field: Environmental and Resource Economics
Advisor: Mark Skidmore
B.A. Agricultural Economics
February 2010
Seoul National University, Seoul, South Korea. Overall GPA: 3.72/4.3
Professional Experience
Chair of the Department of Economics
Jan. 2024 – present
Department of Economics, Pukyung National University
Lead the Department of Economics, overseeing academic programs and curriculum development, managing budget and resources, and fostering collaborations with industry, government, and research institutions to enhance research and funding opportunities.
Assistant Professor
Mar. 2021 – present
Department of Economics, Pukyung National University
Teach undergraduate and graduate courses in Microeconomics, Empirical Econometrics, Public Economics, Economics of Climate Change, and Environmental & Resource Economics. Lead a three-year, NRF-funded research project on sustainable energy systems and policy for carbon neutrality as director of research. Advise graduate students on research and thesis development.
Associate Research Fellow
Sep. 2019 - Feb. 2021
Korea Energy Economics Institute, Climate Change Policy Research Team
Conducted policy research on greenhouse gas reduction and carbon neutrality policy.
Provided policy recommendations for the Korean government’s climate and energy policies.
Post-Doctoral Research Associate
Sep. 2018 - Aug. 2019
North Central Regional Center for Rural Development (NCRCRD)
and the Morris Chair in State and Local Government Finance and Policy at Michigan State University
Major duties include: conducting research and preparing journal articles, writing policy briefs, and developing grant proposals with a focus on enhancing community resilience to natural disasters and other types of shocks.
Graduate Research Assistant at MSU
Aug. 2012 – Aug. 2018
Assisted Dr. Mark Skidmore (Morris Chair) and NCRCRD
Major position responsibilities include: data collection and analysis on government finance, socio-economic indicators, and severe weather events (U.S. Census, NOAA). Contributed to NSF RAPID-funded disaster impact research and co-authored studies on manufactured home demand and tax policy effects.
Research Assistant at Korea Rural Economic Institute (KREI)
Feb. 2010 – Dec. 2010
Worked for the Agricultural Trade Team at KREI
Assisted in research projects related to the trade agreement, such as FTA and DDA. Major projects included an economic analysis of the non-tariff measures of agri-food products in Korea, and a comparative analysis on the DDA negotiations on the forestry area and study for improving a subsidy.
Peer Reviewed Journal Articles
Lim, J. and M. Skidmore. (forthcoming). "Natural Disasters: Impacts and Recovery." In the Oxford Research Encyclopedia of Economics and Finance. Oxford University Press.
Lim, J. (2025). “Climate factors and tourism·leisure demand: differentiated effects by activity type”, Journal of Climate Change Research, 16(2), 227~241
Lim, J., S. Lee, J. Lee, and D Kim (2025). “Impact of Allocation Policy Changes in Korea’s ETS on the Power Sector Permit Allocation and Electricity Market”, Environmental and Resource Economics Review, 34(1), 79-126.
Lim, J., M. Skidmore, and Y. Shen (2025). “Natural Disasters and their Impact on Cities”. In Oxford Bibliographies in Urban Studies. Ed. Richardson Dilworth. New York: Oxford University Press.
DOI: 10.1093/obo/9780190922481-0014
Lim, J. (2024). “Impacts of allocation policy changes and future carbon price on Korea’s emissions trading scheme”, Journal of Climate Change Research, 15(5-1), 757-771
Luo, Z. and J. Lim (2024). “Long-term CO2 Emissions in China -The Role of Development Pathway, Energy Transition, and Demographic Change”, Journal of Northeast Asian Economic Studies, 36(3). 55-92
Huang, Z., J. Lim, and M. Skidmore (2024). “The Impacts of Heat and Air Pollution on Mortality in the United States”, Weather, Climate, and Society, 16(2), 275-301.
Li, Y and J. Lim (2024). “Spatial impacts of digital industry development on carbon emission intensity: Empirical evidence from China”, Journal of Climate Change Research, 15(2), 163-176.
Chang, M., Z. Luo, and J. Lim. (2024). “Impact of Economic Agglomeration on Carbon Emission Intensity in China―A Spatial Analysis Using Provincial Panel Data”, The Studies of Regional Development, 56(1), 1-27
Luo, Z. and J. Lim (2024). "An Empirical Analysis on Emissions Reduction Effect and Main Reduction Drivers of China's Carbon Emissions Trading Pilot", Journal of Climate Change Research
Luo, Z. and J. Lim (2023). "The Nonlinear Effect of Population Aging and Socio-economic Conditions on Carbon Emission: An Empirical Analysis of 30 Provinces and Regions in China", Journal of the Korean Data Analysis Society
Lim, J. and D. Kim (2021). "A Study on Korea’s Remaining GHG Emissions Allowance and Capped-Emissions Trajectories under the Paris Agreement Goal", Journal of Climate Change Research
Lim, J. (2021). "Estimating the Cost of Emission Reductions by Analyzing Clean Development Mechanism Projects in Peru", Journal of Climate Change Research
Skidmore, M. and J. Lim. (2020). “Natural Disasters and their Impact on Cities”. In Oxford Bibliographies in Urban Studies. Ed. Richardson Dilworth. New York: Oxford University Press
Lim, J. and M. Skidmore (2020). “Heat Vulnerability and Heat Island Mitigation in the United States”, Atmosphere, 11(6), 558. doi.org/10.3390/atmos11060558
Lim, J. and M. Skidmore (2019). “Flood Fatalities in the United States: the Roles of Socioeconomic Factors and the National Flood Insurance Program.” Southern Economic Journal, 85(4), 1032-1057.
doi.org/10.1002/soej.12330
Lim, J., Loveridge, S., Shupp, R., & Skidmore, M. (2017). “Double Danger In the Double Wide: Dimensions of Poverty, Housing Quality and Tornado Impacts.” Regional Science and Urban Economics, 65, 1-15.
doi: 10.1016/j.regsciurbeco.2017.04.003
Shupp, R., Loveridge, S., Skidmore, M., Lim, J., & Rogers, C. (2017). “Risk, Loss, and Ambiguity Aversion after a Natural Disaster.” Economics of Disasters and Climate Change, 1(2), 121-142.
doi: 10.1007/s41885-017-0013-2
Shupp, R., Loveridge, S., Skidmore, M., Lim, J., & Rogers, C. (2017). "Trust and Patience after a Tornado." Weather, Climate, and Society 9(4), 659-668. doi: 10.1175/WCAS-D-16-0135.1
Other Academic and Research Publications
Lim, J. (2024). “International Reduction Project and Marginal Abatement Cost” Chapter 2 in (eds.) International Greenhouse Gas Reduction Project: 22 Experts Answer for Climate Crisis Response and Carbon Neutrality
Lee, T., S. Lee, and J. Lim. (2022). Assessment of Carbon Neutrality Potentials from Sector Coupling, Korea Energy Economics Institute Research Report 2022-05.
Kim, G., D. Noh, J. Lee, and J. Lim. (2022). Study on Establishing a Framework for the Biennial Transparency Report (BTR) in the Energy Sector under the Paris Agreement (2/3). Korea Energy Economics Institute Research Report 2022-21.
Noh, D., S. Kim, J. Lee, and J. Lim. (2021). Study on Establishing a Framework for the Biennial Transparency Report (BTR) in the Energy Sector under the Paris Agreement (1/3) - focusing on Korean Energy Sector. Korea Energy Economics Institute Research Report 21-22.
Lim, J. and D. Kim. (2020). An Analysis of the Korea’s Burden Sharing in Greenhouse Gas Reduction from the view of the Top-down Emission Allowances, Korea Energy Economics Institute, Research Report 20-04.
Son, I., D. Kim, J. Lim, S. Kim, J. Kim. (2019). Implications of the Paris Agreement Rulebook for the Implementation of Korea Mitigation Policies. Research Report 19-06.
Lim, J. and M. Skidmore. (2019) "Disaster Risk and Policies in the United States." Lincoln Institute of Land Policy.
Lim, J., M. Skidmore, and W. Dyar. (2018) “The Role of Manufactured Homes in Meeting Rural Housing Needs” Rural Connections, Spring 2018, 13-16.
Dyar, W., J. Lim, and M. Skidmore. (2017) "Manufactured Home Living Across Rural America.” Chapter 10 in Albrecht, Don, Scott Loveridge, Stephan Goetz, and Rachel Welborn, (eds.) Rural Housing and Economic Development. London: Routledge. https://www.taylorfrancis.com/books/e/9781351706308
Work in Progress
D. Kim, T. Jin, and J. Lim. “Evaluating the Impact of Korea’s ETS Allocation Policy on Power Generation and Carbon Emissions: An Optimization-Based Analysis”. Working paper.
J. Lim. “Long-Term Projections of Climate Change Impacts on South Korea’s Tourism Demand and Industry: Based on Shared Socioeconomic Pathway (SSP) Scenarios”. Working paper.
J. Lim, G. Kim, and J. Kim. “The Economics of Energy-Saving Behavior: Incentives, Awareness, and Policy Design”. Working paper.
Lim, J. and Z. Luo. “Does the Emissions Trading Scheme Effectively Reduce Carbon Emissions? A Synthetic Control Method Approach”. Working paper.
Luo, Z. and J. Lim. “Spillover Effects of Emissions Trading Scheme (ETS) Policies”. Working paper.
J. Kim, J. Lim. “Understanding the Interplay Between Carbon Pricing, Electrification, and Greenhouse Gas Reduction in the Manufacturing Sector”, Working paper.
Luo, Z. and J. Lim. “Digital Transformation and Its Carbon Reduction Effects: The Role of Energy Intensity in China”. Working paper
Lim, J. and M. Skidmore. "Environmental Quality and Heat Fatalities: An Interplay among Urbanization, Air Quality, and Heat Island Reduction Measures." Working paper.
Lim, J. and M. Skidmore, “Does the State Tax Policy Contribute to the Growing Demand for Manufactured Homes?” Working paper. Working paper.
Cited in Media Outlets
Mary Elizabeth Dallas. “Climate Change Could Be Catastrophic for Mobile Homes: Study.” U.S. News & World Report, May 9, 2017. (LINK)
Marshall Shepherd. “A New Study Explores the Complexities of Tornadoes, Risk, Poverty, And Housing.” Forbes Magazine. May 3, 2017. (LINK)
Professional Service
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Committee Member, Korean Resource Economics Association. (2025-present)
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Editorial Board Member, The Studies of Regional Development. (2024-present)
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Editorial Board Member, Korea Energy Economic Review. (2023-present)
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Editorial Board Member, Journal of Climate Change Research. (2021-present)
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Expert Committee on Energy Policy, Ministry of Trade, Industry and Energy. (2024–present)
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Member of ETS Emissions Certification Committee, Ministry of Environment (2024–present)
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Member of ETS Deliberation Committee on Determinations of Allocation, Ministry of Environment. (2021–2024)
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IPCC Expert Reviewer, IPCC 6th Assessment Report WGIII. (2020–2023)
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Member of National Committee for the IPCC (K-IPCC), Korea Meteorological Administration (2020–2024)
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Government Delegate Advisor to the UNFCCC, Ministry of Trade, Industry and Energy. (2019–2020)
Conference Presentations (*indicates presenter)
Lim, J.* (2024) Impact of Allocation Policy Changes in Korea’s ETS on the Power Sector Permit Allocation and Electricity Market. Presentation at The Korean Society of Climate Change Research 2024 Conference. Jeju Island, November 27-29, 2024
Lim, J.* (2024) Impacts of allocation policy changes and future carbon price on Korea’s emissions trading scheme. Presentation at Futures of Resource and Environmental Economics Seminar, Korean Resource Economics Association. Online, October 24, 2024
Lim, J.* (2024) Impacts of allocation policy changes and future carbon price on Korea’s emissions trading scheme. Presentation at Korea Environmental Economics Association 2024 Conference, Seoul, South Korea, August 20, 2024
Lee, T.*, S. Lee, J. Lim (2024) Carbon Neutrality Potentials from Sector Coupling in Korea - Focusing on P2G Technology. Presentation at WESTERN ECONOMIC ASSOCIATION INTERNATIONAL 99th Annual Conference, Seattle, Washington, USA, June 29-July 3, 2024
Lim, J.* (2022) Assessment of Carbon Neutrality Potentials from Sector Coupling. Presentation at The Korean Society of Climate Change Research. Jeju Island, South Korea, December 01-02, 2022
Lim, J.* (2021) Estimating the Cost of Emission Reductions by Analyzing Clean Development Mechanism Projects in Peru. Presentation at The Korean Society of Climate Change Research. Ulsan, South Korea, November 25-26, 2021
Lim, J.* D. Kim (2020) An Analysis of the Korea’s Burden Sharing in Greenhouse Gas Reduction from the view of the Top-down Emission Allowances. Presentation at Korea Society of Energy and Climate Change. Jeju Island, South Korea, November 26-27, 2020
Lim, J.* D. Kim (2020) An Analysis of the Korea’s Burden Sharing in Greenhouse Gas Reduction from the view of the Top-down Emission Allowances. Presentation at The Korean Society of Climate Change Research. Jeju Island, South Korea, November 04-06, 2020
Lim, J.* and M. Skidmore. (2018) Does State Tax Policy Contribute to the Growing Demand for Manufactured Homes? Presentation at Annual Conference on Taxation (NTA). New Orleans, LA, November 15-17.
Lim, J.*, M. Skidmore, and J. Wooldridge. (2018) Growing Heat Vulnerability in an Aging Society: The Potential Role of Heat Island Mitigation Measures.
Presentation at North American Meetings of the Regional Science Association International (NARSC).
San Antonio, TX, November 7-10, 2018.
Presentation at Graduate Research Symposium in Agricultural, Food, and Resource Economics.
Michigan State University, East Lansing, MI, March 29-30, 2018.
Presentation at Southern Regional Science Association (SRSA). Philadelphia, PA, March 15-17, 2018.
Presentation at Regional Science Association International (RSAI) 10th Annual Midwest Graduate Student Summit on Applied Economics and Regional Science (AERS). Columbus, OH, April 21-22, 2017.
Lim, J.* and M. Skidmore. (2017). Human components of flood impacts in the United States: Economic status, housing, and government. Presentation at Western Regional Science Association (WRSA) 56th Annual Meeting. Santa Fe, NM, February 15-18.
Lim, J.*, Loveridge, S., Shupp, R., & Skidmore, M. (2015). Double danger in the double wide: Dimensions of poverty, housing quality and tornado impacts. Presentation at Mid-Continent Regional Science Association (MCRSA) 46th Annual Conference. St. Louis, MO, May 27-29.
Shupp, R., Loveridge, S., Skidmore, M.*, Lim, J., & Rogers, C. (2015). Natural Disasters and Their Impacts on Risk and time Preferences: The 2013 Moore Oklahoma Tornado. Presentation at Mid-Continent Regional Science Association (MCRSA) 46th Annual Conference. St. Louis, MO, May 27-29.
Professional Development
Creating Effective Learning Communities. Center for the Integration of Research, Teaching, and Learning (CIRTL) Network, Online Interactive Workshop, October 17 & 31, 2018.
Getting Ready to Teach in the American Classroom. Center for the Integration of Research, Teaching, and Learning (CIRTL) Network, Online Interactive Workshop, October 3, 2018.
Spatial Econometrics. Summer program in quantitative methods of social research, Inter-University Consortium for Political and Social Research (ICPSR), Ann Arbor, MI, July 2017.
References
Mark Skidmore
Morris Chair in State and Local Government Finance and Policy
Professor, Department of Agriculture, Food, and Resource Economics & Department of Economics
Michigan State University
Phone: (517) 353-9172
Email: mskidmor@msu.edu
Scott Loveridge
Assistant Dean for Faculty Affairs and Development, College of Agriculture & Natural Resources
Professor Emeritus, Department of Agricultural, Food, and Resource Economics
Michigan State University
Phone: (517) 432-9969
Email: loverid2@msu.edu
Jeffrey Wooldridge
Walter Adams Distinguished Faculty Fellow in Economics
University Distinguished Professor, Department of Economics
Michigan State University
Phone: (517) 353-5972
Email: Wooldri1@msu.edu
Robert Shupp
Director, MSU Agricultural Economics Experimental Lab
Associate Professor
Agricultural. Food, & Resource Economics
Michigan State University
Phone: (517) 432-2754
Email: shupprob@msu.edu
PROFESSIONAL SKILLS

Stata
Mathematica & Gams
Tableau & QGIS
English - Fluent, Korean - Native