James Yoo Image

James Yoo, PH.D.

Associate Professor of Economics

Office Phone: (951) 552-8973
E-mail: jamyoo@calbaptist.edu
Office Location: Business Building 240
Office Hours: By appointment

Degree Major Emphasis Institution Year
PH.D. Environmental Economics Pennsylvania State University 12-17-2011
  • Courses Taught

    BUS 217 - Microeconomics
    BUS 218 - Macroeconomics
    BUS 315 - Business Statistics
    BUS 334 - International Business
    BUS 440 - Quantitative Business Analysis

    MBA courses
    BUS 535 - Economic Analysis & Changing Business Environment
    BUS 542 - Quantitative Business Modeling
    BUS545- Global Business Management
    AEREC598 - Applied Mircoeconomics Analysis
    ECON341- Research Methods in Business
    ECON302- Intermediate Microeconomics
    ECON303 - Advanced Microeconomics

    Doctoral-Level Courses
    BUS740 - Applying Economic Theory to Business
    BUS750 - International Business in Global Markets
    BUS760 - Quantitative Research Methods

  • Academic Areas & Scholarly Interests

    Microeconomics, Econometrics, Environmental Economics, Regional Economics, Non-market Valuation, Valuation of Ecosystem Service, Applied Statistics

  • Teaching Experience at Institutions Other than CBU

    Pennsylvania State University

  • Research, Presentations, & Publications

    Publications:
    Yoo, J., Simonit, S., Connors, J.P., Perrings, C., Kinzig, A.(2013). The Value of Water Rights in Agricultural Properties in Urbanizing Areas. Ecological Economics, 91:57-68
    Yoo, J., Simonit, S., Connors, J.P., Perrings, C., Kinzig, A. (2014). The Valuation of Off-Site Ecosystem Service Flows: The Impact of Deforestation on Lake-Sedimentation in Prescott, Arizona. Ecological Economics, 97: 74-83
    Yoo, J, Ready, R.C. (2014). The Study of Consumer Preference Heterogeneity for Renewable Energy Technologies. Energy Economics(42): 101-114
    Yoo, J., Simmonit, S, Connors, J.P., Perrings, C., Kinzig, A (2014). Estimating the Approximated Price Elasticity of Residential Water Demand in Phoenix. Applied Economic Perspectives & Policy, 36(2): 333-350
    Simonit S, John P. Connors, Yoo, J, Kinzig A, Perrings C (2015). The Impact of Forest Thinning on the Reliability of Water Supply in Central Arizona. PLos ONE 10(4)
    Yoo, J. (2015). The Economic Impacts of the Change in Sectoral Water Use in Maricopa County, Arizona: Modified Input-Output Approach, Proceedings of International Academic Conferences
    Yoo, J., Perrings, C. (2016). An Externality of Groundwater Depletion: Land Subsidence and Residential Property Prices in Phoenix, Arizona. Journal of Environmental Economics and Policy, 5(3): 1-13
    Yoo, J., Ready, R.C. (2016). The Impact of Agricultural Conservation Easement on Nearby House Prices: Incorporating Spatial Correlation and Spatial Heterogeneity”. Journal of Forest Economics, 25: 78-93
    Yoo, J., Perrings, C. (2017). Modeling the Short-Run Costs of Changes in Water Availability in a Desert City: a Modified Input-Output Approach. International Review of Applied Economics, 31(4), 549-564
    Yoo, J., Frederick, T. (2017). Varying Impact of Land Subsidence and Earth Fissures on Residential Property Values in Maricopa County – A Quantile Regression Approach - International Journal of Urban Sciences, 21(2), 204-216.
    Yoo, J., Browning, J., & Minesinger, K. (2017). Open Space Premium near Commercial Zones - a Case Study in the City of Corona. International Journal of Urban Sciences (In Press)
    Yoo, J., & Browning, J. (2021). The Heterogeneity of Residents' Preference over a Wide Array of Services, Provided by a Master Planned Community. International Review of Applied Economics, 35.
    Yoo, J., Ready, C. R., & Claremonte. (2022). Preference and Wilingness to Pay for, Renewable Energy Technology. The Journal of Energy & Development. (In Press)

    Papers in Review & Working Papers:
    Yoo, J. Ready, RC. (2016). “The Urban and Rural PA Residents’ Preference for Different Types of Renewable Energy Technologies” – In Review
    Yoo, J., Perrings, C. (2016) “Spatial Hedonic Methods that Estimate Amenity Value of Green Space in Yavapai County - In Review
    Yoo, J. (2016) "Do Land Subsidence Depress the Economic Value of Forest and Urban Park?" - In Review
    Yoo, J., Browning, J., Minesinger, Kenneth. (2016). "Open Space Premium near Commercial Zones- A Case Study in the City of Corona, California - In Review
    Yoo, J., Perrings, C. (2016). “Estimating the Approximated Cross Price Elasticity of Electricity Demand in Phoenix” - Working Paper
    Yoo, J., (2016). The Consumer's Preference over Urban Amenity - A Stated Preference Approach" - Working paper
    Yoo, J., Browning, J. (2016). Factors that affects willingness-to-pay for attributes supplied by Land Use Management in Southern California - Latent Class Approach - Working paper
    Yoo, J. (2016). The Capitalized Values of development pressures on the Nearby Residential Property Values in Southern California - Propensity Score Estimators - Working paper
    Yoo, J. (2016). Are Biological, Recreational, and Economic Benefits from Land Use Change? - Difference-in-Difference (DID) Approach - A Case Study in Southern California - Working paper
    Yoo, J. (2016). The Capitalized Value of the Future Expectation about Shopping Center" - Difference-In-Difference (DID) Approach -A Case Study in the Phoenix Metropolitan Area - Working paper\
    Yoo, J. (2016). The Capitalized Value of Outlet Renovations in the Phoenix Metropolitan Area - DID & Propensity Score Approaches - Working paper

    Presentation:
    Yoo, J., Ready, R.C, “A New Hedonic Price Model that Incorporates Spatial Correlationand Spatial Heterogeneity”Agricultural and Applied Economic Association Annual Meeting, Pittsburgh, PA, July 23-26, 2011
    Yoo, J., Ready, R.C. “The Urban and Rural PA Residents’ Preference for Different Types of Renewable Energy Technologies”Environmental and Resource Economics Seminar, Department of Economics, ASU, Tempe, AZ, Oct 28, 2011
    Yoo, J., Ready, R.C. “Latent Class and Random Parameter Approaches to Accomodating Preference in Stated Preference Surveys”, 2012 W2133 Conference, Newpark Boulevard Park City, Utah, February 22-24, 2012
    Connors, J.P., Maliszewski, P.J., Simonit, S., Yoo, J., Perrings, C., Kinzig, A. “Environment and Water: Decision Support Tools for Managing Ecosystem Services in Arizona” Planet Under Pressure, London, UK, March 25-31, 2012.
    Yoo, J. “The Value of Water Rights in Agricultural Properties in the Phoenix Active Management Area”EcoSERVICES Lab Meeting, Tempe, AZ, April 14, 2012
    Yoo, J., Simonit, S., Connors, J.P., Maliszewski, P.J., Perrings, C., Kinzig., A. “The Value of Water Rights in Agricultural Properties in the Phoenix Active Management Area” Agricultural and Applied Economic Association Annual Meeting, Seattle, WA August 12-14, 2012
    Yoo, J “Estimating the Approximated Price Elasticity of Residential Water Demand in Phoenix” EcoSERVICES Lab Meeting, Tempe, AZ, November 12, 2012
    Yoo, J., Simonit, S., Connors, J.P., Perrings, C., Kinzig, A. “The Valuation of Off-Site Ecosystem Service Flows: The Impact of Deforestation on Lake-Sedimentation in Prescott, Arizona”, ACE & Ecosystem Market 2012, Fort Lauderdale, FL, December 10-14, 2012
    Yoo, J., Simonit, S., Connors, J.P., Perrings, C., Kinzig, A. “The Valuation of Off-Site Ecosystem Service Flows: The Impact of Deforestation on Lake-Sedimentation in Prescott, Arizona”, EcoSERVICES Lab Meeting, Tempe, AZ, April 8, 2013
    Yoo, J., Ready, R.C. "Preferences over, and Willingness to Pay for Renewable Energy Technology", Seoul International Conference on Social Sciences and Management (SICSSAM), Seoul, South Korea, January 8-10, 2015
    Yoo, J., Perrings, C. "The Economic Impacts of the Change in Sectoral Water Use in Maricopa County, Arizona: Modified Input-Output Approach", 19th International Academic Conference, Florence, Italy, September 16-19, 2015
    Yoo, J. "The Economic Impact of Developable Open Space on Housing Prices: A Case Study in the City of Corona, California". Agricultural and Applied Economic Association Annual Meeting, Boston, MA, July 31-August 2, 2016
    Yoo, J. Browning, J., Minesinger, K. "Open Space Premium near Commercial Zones - A Case Study in the City of Corona, California." ACES 2016 Conference- A Community on Ecosystem Services Jacksonville, FL, December 5-9, 2016.
    Yoo, J., Frederick, T. "The Varying Impact of Land Subsidence and Earth Fissures on Residential Property Values in Maricopa County "ACES 2016 Conference-A Community on Ecosystem Services, Jacksonville, FL, December 5-9, 2016.

  • Interests & Hobbies

    Traveling with my family, watching movies, swimming, jogging, singing

  • Personal Philosophy

    And we know that for those who love God all things work together for good, for those who are called according to his purpose. (Romans 8:28)