Assigned Class

Faculty of Economics

Research Field

Environmental and natural resource economics, Energy economics

keyword:Environmental economics , resource economics , agricultural economics , energy economics , market integration , environmental consciousness

Academic Societies

Academic Societies

International Association for Energy Economics

Center for Environmental Information Science

European Association of Environmental and Resource Economists

Society for environmental economics and policy studies

Academic Background

Graduate School

University of Rhode Island , (Doctor course , Department of Environmental and Natural Resource Economics) , 2010(Completed)

College

The University of Tokyo , (Economics , Faculty of Economics) , (Graduated)

Degree

Ph.D. , University of Rhode Island

Master of Economics , The University of Tokyo

Awards

2022 , Center for Environmental Information Science Academic Paper Award

2018 , Outstanding Contribution in Reviewing (Energy)

2017 , Outstanding Contribution in Reviewing (Applied Energy)

2017 , CEIS Academic Paper Award for Young Scholar

2016 , SEEPS Young Achievement Award

Books, Articles, etc.

Books

Environmental and Natural Resource Economics
Springer Nature:1-193 2022
Aruga, K.

電子ジャーナル

Consumer Reaction, Food Production and the Fukushima Disaster: Assessing Reputation Damage Due to Potential Radiation Contamination
Springer International Publishing:168 201707
Aruga, K.

電子ジャーナル

原発事故と風評被害－食品の放射能汚染に対する消費者意識
昭和堂:184 201610
ISBN:978-4812215579
有賀健高

農林水産の経済学
中央経済社 201507
ISBN:978-4502145919
馬奈木俊介、松木佑介、田中健太、有賀健高他

エネルギー経済学
中央経済社 201403
ISBN:978-4502091100
馬奈木俊介、栗山浩一、岩田和之、有賀健高他

資源と環境の経済学
昭和堂 201210
ISBN:978-4812212301
馬奈木俊介、岩田和之、鶴見哲也、有賀健高他

The Economics of Biodiversity and Ecosystem Services
Routledge 201209
Managi, S., Kuriyama, K., Yoshida, K., Aruga, K. et al.

電子ジャーナル

Essays on the Efficiency of Non-Genetically Modified (Non-GM) and Conventional Soybean Futures Markets
Proquest, Umi Dissertation Publishing:1-130 2011
Aruga, K.

電子ジャーナル

世界地図で読む環境破壊と再生
旬報社 200411
ISBN:978-4845109012
伊藤正直、邉 英治、布田功治、有賀健高

環境経済学―環境・資源問題を経済学はどう捉えるか
時潮社:231
有賀健高

Articles

Comparing factors affecting Chinese institutional investors’ willingness to pay for green bonds in Beijing, Shanghai, and Shenzhen
,Cogent Business & Management ,11(1):1-32 2024
Zenno, Y., and Aruga, K.

The impacts of COVID-19 on seafood prices in Japan: A comparison between cheap and luxury products
,PLOS ONE,18(10):e0291395 202310
Aruga, K., Islam, Md. M., and Jannat, A.

電子ジャーナル

Identifying factors affecting the preference for green bonds: a Japanese case study
,Journal of Climate Finance,5:100021 202309
Aruga, K., and Bolt, T.

電子ジャーナル

The Dynamic Correlation and Volatility Spillover among Green Bonds, Clean Energy Stock, and Fossil Fuel Market
,Sustainability,15(8):6586 202304
Tang, C., Aruga, K., and Hu, Y.

電子ジャーナル

Investigating Factors Affecting Institutional Investors’ Green Bond Investments: Cases for Beijing and Shenzhen
,Sustainability,15:4870 202303
Zenno, Y. and Aruga, K.

電子ジャーナル

Does the Environmental Kuznets Curve Hold for Coal Consumption? Evidence from South and East Asian Countries
,Sustainability,15(6):5532 202303
Shahzad, Q. and Aruga, K.

電子ジャーナル

Editorial: Consumption of cities under the effects of COVID-19 and climate change
,Frontiers in Sustainable Cities,5:1113709 202301
Aruga, K., Matsumoto, K., and Wakamatsu, H.

電子ジャーナル

Effects of the COVID-19 Pandemic on the Tokyo Wholesale Tuna Market
,Journal of International Food & Agribusiness Marketing,forthcoming 202211
Aruga, K.

電子ジャーナル

Institutional Investors’ Willingness to Pay for Green Bonds: A Case for Shanghai
,Journal of Risk and Financial Management,15(11):508 202211
Zenno, Y. and Aruga, K.

電子ジャーナル

Investigating the energy‑environmental Kuznets curve under panel quantile regression: a global perspective
,Environmental Science and Pollution Research,30(8):20527−20546 202210
Husnain, M.I., Beyene, S.D., and Aruga, K.

電子ジャーナル

Effects of the Human-Mobility Change during the COVID-19 Pandemic on Electricity Demand
,Journal of Risk and Financial Management,15(10):422 202209
Aruga, K.

電子ジャーナル

Effects of the State of Emergency during the COVID-19 Pandemic on Tokyo Vegetable Markets
,Sustainability,14(15):9719 202208
Aruga, K., Islam, Md. M., Jannat, A.

電子ジャーナル

Developing Novel Technique for Investigating Guidelines and Frameworks: A Text Mining Comparison between International and Japanese Green Bonds
,Journal of Risk and Financial Management,15(9):382 202208
Aruga, K., Islam, Md. M., Zenno, Y., and Jannat, A.

電子ジャーナル

Investigating the Impact of International Markets on Imported and Exported Non-Cereal Crops in Bangladesh
,Agriculture,12(6):833 202206
Jannat, A., Aruga, K., Furuya, J., and Iiyama, M.

電子ジャーナル

Revealing the pathway of reluctancy toward agricultural credit repayment: a case study on fish farmers in Bangladesh
,SN Business & Economics,2:46 202205
Al Rafi, D.A., Taurin, S., Aruga, K., Islam, Md.M., Jannat, A.

電子ジャーナル

Impact of the Number of Hours Spent at Home on the Volume of Municipal Waste Generated: Evidence from Tokyo during the COVID-19 Pandemic
,Sustainability,14(10):6165 202205
Aruga, K.

電子ジャーナル

Relationships among the Fossil Fuel and Financial Markets during the COVID-19 Pandemic: Evidence from Bayesian DCC-MGARCH Models
,Sustainability,14(1):51 202112
Tang, C. and Aruga, K.

電子ジャーナル

Investigating the effects of altruism on consumer preference for food from disaster-affected regions: A case of Japan
,Journal of Agriculture and Food Research,6:100215 202109
Aruga, K., and Bolt, T.

電子ジャーナル

Does Staying at Home during the COVID-19 Pandemic Help Reduce CO2 Emissions?
,Sustainability,13(5):8534 202108
Aruga, K., Islam, Md. M., and Jannat, A.

電子ジャーナル

Energy policy trade-offs in Poland: A best-worst scaling discrete choice experiment
,Energy Policy,156:112465 202107
Aruga, K., Bolt, T., and Pest, P.

電子ジャーナル

Effects of the 2008 Financial Crisis and COVID-19 Pandemic on the Dynamic Relationship between the Chinese and International Fossil Fuel Markets
,Journal of Risk and Financial Management,14(5):207 202105
Tang, C., and Aruga, K.

電子ジャーナル

Changes in Human Mobility under the COVID-19 Pandemic and the Tokyo Fuel Market
,Journal of Risk and Financial Management,14(4):163 202104
Aruga, K.

電子ジャーナル

Potential Economic Impacts of the COVID-19 Pandemic on South Asian Economies: A Review
,World,1(3):283-299 202012
Islam, Md. M., Jannat, A., Al Rafi, D.A., and Aruga, K.

電子ジャーナル

A Study on the Pass-Through Rate of the Exchange Rate on the Liquid Natural Gas (LNG) Import Price in China
,International Journal of Financial Studies,8(4):70 202011
Tang, C., and Aruga, K.

電子ジャーナル

Energy Prices and COVID-Immunity: The Case of Crude Oil and Natural Gas Prices in the US and Japan
,Energies,13(23):6300 202011
Nyga-Łukaszewska, H. and Aruga, K.

電子ジャーナル

Is the willingness to support disaster regions through consumption related to altruism?A discrete choice experiment
,International Journal of Disaster Risk Reduction,50:Article 101876 202009
Aruga, K., and Bolt, T.

電子ジャーナル

Is Environmental Awareness a Good Predictor of an Individual’s Altruism Level?
,Sustainability,12(19):Article 7929 202009
Aruga, K.

電子ジャーナル

Effects of the 2008 financial crisis on the linkages among the oil, gold, and platinum markets
,Cogent Economics & Finance,8(1):1-13 202008
Aruga, K., and Kannan, S.

電子ジャーナル

Radiation knowledge and willingness to buy bottled water from regions near the Fukushima Daiichi Nuclear Power Plant
,Water International,45:812-823 202008
Aruga, K.

電子ジャーナル

Effects of COVID-19 on Indian Energy Consumption
,Sustainability,12(14):Article 5616 202007
Aruga, K., Islam, Md. M., and Jannat, A.

電子ジャーナル

Are Oil and Gas Prices Immune to COVID-19?
,IAEE ENERGY FORUM,Covid-19 Special Issue(Special Issue):94-97 202005
Aruga, K., and Nyga-Łukaszewska, H.

Web Of Science

Energy Security of Poland and Coal Supply: Price Analysis
,Sustainability,12(6):Article 2541 202003
Nyga-Łukaszewska, H., Aruga, K., and Katarzyna Stala-Szlugaj, K.

電子ジャーナル

Analyzing the condition of Japanese electricity cost linkages by fossil fuel sources after the Fukushima disaster
,Energy Transitions,4(1):91-100 2020
Aruga, K.

電子ジャーナル

国際ビジネスと社会発展メジャーへの招待
,社会科学論集・埼玉大学経済学会,157:7-13 2019
有賀健高

電子ジャーナル

被災地復興支援の消費行動と利他的意識に関する研究
,環境情報科学論文集,33:205-210 2019
有賀健高

電子ジャーナル

Investigating the Energy-Environmental Kuznets Curve Hypothesis for the Asia-Pacific Region
,Sustainability,11(8):Article 2395 2019
Aruga, K.

電子ジャーナル

Linkages Among The Japanese Electricty Costs By Fossil Fuel Sources After The Fukushima Disaster
,Proceedings of the 42nd IAEE Conference, Montreal, Canada 2019
Aruga, K.

Web Of Science

Consumer Perceptions toward Seafood Produced near the Fukushima Nuclear Plant
,Marine Resource Economics,33(4):373-386 2018
Aruga, K., and Wakamatsu, H.

電子ジャーナル

Investigating the price linkage between the Asian LNG spot and East Asian LNG prices and its implications
,International Journal of Global Energy Issues,41:86-97 2018
Martono, J. D. and Aruga, K.

電子ジャーナル

Consumer responses to food produced near the Fukushima nuclear plant
,Environmental Economics and Policy Studies,19:677-690 2017
Aruga, K.

電子ジャーナル

The U.S. shale gas revolution and its effect on international gas markets
,Journal of Unconventional Oil and Gas Resources ,14:1-5 2016
Aruga, K.

電子ジャーナル

Testing the International Crude Oil Market Integration with Structural Breaks
,Economics Bulletin,35(1):1038-1046 2015
Aruga, K.

Web Of Science

Testing market integration for Japanese retail seafood markets
,Australian Journal of Agricultural and Resource Economics,60:212-216 2015
Aruga, K., and Li, R.

電子ジャーナル

An intervention analysis on the Tokyo grain exchange non- genetically modified and conventional soybean futures market
,Cogent Economics & Finance,2:1-11 2014
Aruga, K.

電子ジャーナル

Linkages among the U.S. Energy Futures Markets
,International Journal of Global Energy Issues,36(1):13-26 2013
Aruga, K., and Managi, S.

電子ジャーナル

The impact of the shale gas revolution on the U.S. and Japanese natural gas markets
,Energy Policy,62:1002-1009 2013
Wakamastu, H., and Aruga, K.

電子ジャーナル

Testing the effects of the Japanese vehicle emission-control law on the international palladium futures market
,Economics Bulletin,32(2):1198-1207 2012
Aruga, K., and Managi, S.

Web Of Science

Tests on price linkage between the U.S. and Japanese gold and silver futures markets
,Economics Bulletin,31(2):1038-1046 2011
Aruga, K., and Managi, S.

Web Of Science

Are the Tokyo Grain Exchange Non- Genetically　Modified Organism (Non-GMO) and Conventional Soybean Futures Markets Integrated?
,Agricultural Financial Review ,71(1):84-97 2011
Aruga, K.

電子ジャーナル

Price linkages in the copper futures, primary, and scrap markets
,Resources, Conservation and Recycling,56:43-47 2011
Aruga, K., and Managi, S.

電子ジャーナル

Testing the international linkage in the platinum-group metal futures markets
,Resources Policy,36:339-345 2011
Aruga, K., and Managi, S.

電子ジャーナル

Market efficiency in the non-genetically modified soybean futures market
,Journal of Agricultural & Food Industrial Organization,9(1):Article 11 2011
Aruga, K.

電子ジャーナル

Differences in Characteristics of Religious Groups in India: As Seen from Household Survey Data
,CEPE Working Paper,26 2003
Aruga, K.

電子ジャーナル

Korean Residents in Japan
,東京大学 教養学部 学生論文集 ΣΥΜΠΟΣΙΟΝ 1998／1999 :186-189 2001
有賀健高

Presentation

The impacts of COVID-19 on seafood prices in Japan: a comparison between cheap and luxury products
The 12th Congress of Asian Association of Environmental and Resource Economics 202308
Aruga, K.

Effects of fossil fuel prices on the Japanese electricity market during crises
18th IAEE European Conference,18th IAEE European Conference, Milan, Italy 202307
Aruga, K.

Institutional Investors’ Willingness to Pay for Green Bonds in China
,日本金融学会 202305
善野吉博、有賀健高

Estimating the retail investor’s willingness to pay for green bonds
環境経済・政策学会2022年大会 202210
有賀健高

環境・エネルギー分科会コメンテーター
ISFJ2022　中間発表会 202209
有賀健高

Are Retail Investors Willing to Buy Green Bonds? A Case of Japan
43rd IAEE International Conference,GRIPS 202208
Aruga, K.

Dynamic Correlation and Volatility Spillover Among Green Bonds, Clean Energy Stock, and Fossil Fuel Market
43rd IAEE International Conference 202208
Chaofeng Tang and Kentaka Aruga

Effects of COVID-19 on Indian Energy Consumption
43rd IAEE International Conference,GRIPS 202208
Kentaka Aruga , Md. Monirul Islam , and Arifa Jannat

Effects of the COVID-19 Pandemic on the Tokyo Wholesale Tuna Market
27th Annual Conference of the European Association of Environmental and Resource Economists 202207
Aruga, K.

Discussant for Hanna Schenk, “ The economics of evolutionary overexploitation.”
27th Annual Conference of the European Association of Environmental and Resource Economists 202207
Aruga, K.

Are retail investors willing to buy green bonds? A case for Japan
Pre-conference Workshop of the 27th Annual EAERE Conference: Green Bonds and Environmental Finance 202206
Aruga, K.

Radiation knowledge and willingness to buy bottled water from regions near the Fukushima Daiichi Nuclear Power Plant
7th International Conference on Water Resource and Environment 202111
Aruga, K.

Investigating the effects of altruism on consumer preference for food from disaster-affected regions: a case of Japan
環境経済・政策学会2021年大会 202109
有賀健高，Bolt, Timothy

Energy Policy Trade-Offs in Poland: A Best-Worst Scaling Discrete Choice Experiment
26th Annual Conference of the European Association of Environmental and Resource Economists 202106
Aruga, K.

Discussant for Celement Renoir, "Economic Growth and Equity in Anticipation of Climate Policy"
26th Annual Conference of the European Association of Environmental and Resource Economists 202106
Aruga, K.

Energy prices and COVID-immunity: the case of crude oil and natural gas prices in the US and Japan
The 1st IAEE Online conference 202106
Honorata Nyga-Łukaszewska and Kentaka Aruga

Energy security of Poland and coal supply: price analysis
The 1st IAEE Online conference 202106
Kentaka Aruga and Honorata Nyga-Łukaszewska

消費を通じた被災地支援行動は消費者の利他的意識と関係しているのか
環境経済・政策学会2020年大会 202009
有賀健高

A Study on the Pass-Through Rate of the Exchange Rate on the LNG Import Price in China
環境経済・政策学会2020年大会 202009
唐朝豊, 有賀健高

Consumer Behavior to Support the Disaster Region and Altruistic Perception
環境経済・政策学会2019年大会 201909
Aruga, K.

Choice experiment to understand consumer behavior to help regions suffering from natural disaster
2nd Joint Seminar between National University of Civil Engineering and Saitama University 201909
Aruga, K.

Analyzing the condition of Japanese electricity cost linkages by fossil fuel sources after the Fukushima disaster
42nd IAEE International Conference 201905
Aruga, K.

Radiation Knowledge and Willingness to Buy Mineral Water of Regions near the Fukushima Daiichi Nuclear Power Plant
41st International IAEE conference,Proceedings of the 41st IAEE International Conference 201806
Aruga, K.

The situation of rumor damage on seafood markets of regions near the Fukushima Daiichi nuclear power plant (FDNPP) after the Fukushima disaster
International Symposium: Fisheries Science for Future Generations 201709
Aruga, K.

Are the Japanese regional seafood markets integrated?
International Symposium: Fisheries Science for Future Generations 201709
Aruga, K.

Does the energy-environmental Kuznets curve hypothesis sustain in the Asia-Pacific region?
The 40th IAEE International Conference 201706
Aruga, K.

The U.S. Shale Gas Revolution and Its Effect on International Gas Markets
International Conference on Gas, Oil, and Petroleum Engineering 201611
Aruga, K.

Commentator for Renaud Coulomb, "Heterogeneity in Nuclear-risk Perception. Evidence from Fukushima Accident and English Housing"
EAERE 22nd Annual Conference 201606
Aruga, K.

Consumer Responses to Agricultural Products Produced Near the Fukushima Nuclear Plant
European Association of Environmental and Resource Economists 201606
Aruga, K.

Did the financial crisis of 2008 affect the price linkages among the crude oil and precious metal markets?
International Association for Energy Economics 201606
Aruga, K.

Consumer responses to food products produced near the Fukushima nuclear plant
Australian Agricultural and Resource Economics Society 201602
Aruga, K.

Consumer responses to food products produced near the Fukushima nuclear plant
International Association for Energy Economics 201505
Aruga, K.

Testing the international crude oil market integration with structural breaks
International Association for Energy Economics 201410
Aruga, K.

Testing market integration for Japanese retail fish markets
EconWorld 201409
Aruga, K.

The U.S. Shale Gas Revolution and Its Effect on International Gas Markets
International Association for Energy Economics 201306
Aruga, K.

The impact of the shale gas revolution on the U.S. and Japanese natural gas markets
Northeastern Agricultural and Resource Economics Association 201306
Aruga, K.

Is the ethanol market independent from the existing motor fuel and oil crop markets?
International Association for Energy Economics 201206
Aruga, K.

A survey on CDM project for establishment of bilateral credit mechanism and MRV capacity building for China
Workshop on Carbon Trade Capacity Building 201202
Aruga, K.

Incorporating informal recycling in economic models to find out an effective waste management policy
The 5th Workshop of “Asia Resource Circulation Policy Research” 201110
Aruga, K.

Commentator for Andreas Ziegler, "Does the Stock Market Value the Inclusion in a Sustainability Stock Index? An Event Study Analysis for German Firms"
18th Annual Conference of the EAERE 201107
Aruga, K.

Linkage among the U.S. energy futures markets
International Association for Energy Economics 201106
Aruga, K.

Linkages among the non-genetically modified organism soybean and conventional soybean, and corn futures markets in the Tokyo Grain Exchange
European Association of Environmental and Resource Economists 201106
Aruga, K.

Themes for Joint Research

Survey on environmental consciousness , Environmental economics, resource economics, energy economics , Analyzing environmental consciousness among people with various backgrounds

Ecotourism, green tourism , Ecotourism , Understanding the situation of Japanese ecotourism

Energy markets, structural change , Energy economics , Research on energy markets and structural changes

Research Grants

Research Activities

Journal Editorial Board

2021-2021 , Frontiers in Sustainable Cities

2021-2021 , Sustainability

2021-2021 , Journal of Risk and Financial Management

2019-2020 , Sustainability