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Dr Raymond LI
  • Teaching Fellow
PhD, BEc(Hons)
PhD, Economics
Macquarie University
2766 7126
2330 9845
Research Area:

Consulting, Research and Teaching Interests:
  • Environmental and energy economics
  • International economics and development economics

Dr. Raymond Li received his formal training in Economics from Macquarie University in Australia and obtained his Bachelor of Economics with 1stclass honours. He also obtained his Ph.D. in Economics from Macquarie University. Ray’s research interests include applied econometrics, energy economics and energy policy. His research outputs appear in a range of international journals like the Energy Journal, Energy Policy and Applied Energy, amongst some others. Ray is an editorial board member of two international academic journals and he serves as ad hoc reviewer of research articles for various academic journals. Prior to joining PolyU, he taught courses in economics at both introductory and intermediate levels at Macquarie University in Australia.

[1] Raymond Li, Roselyne Joyeux and Ronald D. Ripple (2010), “International steam coal market integration”, Energy Journal, Vol.31 (3)

[2] Raymond Li (2010), "The role of OPEC in the world oil market", International Journal of Business and Economics, Vol.9 (1)

[3] Raymond Li (2010), “The evolution of the international steam coal market”, International Journal of Energy Sector Management, Vol.4 (4)

[4] Guy C.K. Leung, Raymond Li and Melissa Low (2011), “Transitions in China’s oil economy, 1990 – 2010”, Eurasian Geography and Economics, Vol.52 (4)

[5] Raymond Li and Guy C.K. Leung (2011), “The integration of China into the world crude oil market since 1998”, Energy Policy, Vol.39 (9)

[6] Raymond Li (2011), “Energy futures prices and the US exchange rate”, Australian Economic Papers, Vol.50 (2-3)

[7] Raymond Li and Guy C.K. Leung (2012), “Coal consumption and economic growth in China”, Energy Policy, Vol.40 (1)

[8] Guy C.K. Leung, Raymond Li and W.D. Walls (2012), “Transitions in the Chinese market for refined petroleum products”, OPEC Energy Review, Vol.36 (3)

[9] Raymond Li and Alice Shiu (2012), “Internet diffusion in China: a dynamic panel data analysis”, Telecommunications Policy, Vol.36 (10-11)

[10] Chi-Keung Woo, Raymond Li, Alice Shiu and Ira Horowitz (2013), “Residential winter kW h responsiveness under optional time-varying pricing in British Columbia”, Applied Energy, Vol.108

[11] Raymond Li, Roselyne Joyeux and Ronald D. Ripple (2014), “International natural gas market integration”, Energy Journal, Vol.35 (4)

[12] Y.S. Cheng, S.T. Ho, Raymond Li, Alice Shiu, C.K. Woo and Ira Horowitz (2015), “Can Hong Kong price-manage its cross-harbor tunnel congestion?”, Transportation Research Part A: Policy and Practice, Vol.82

[13] Kentaka Aruga and Raymond Li (2016), "Testing market integration for Japanese retail seafood markets", Australian Journal of Agricultural and Resource Economics, Vol.60 (2)

[14] Alice Shiu, Raymond Li and Chi-Keung Woo (2016), “Economic Growth and Infrastructure Investments in Energy and Transportation: A Causality Interpretation of China’s Western Development Strategy”, Energy Journal, Vol.37 (Special Issue)

[15] Chi-Keung Woo, Jay Zarnikau, Raymond Li and Alice Shiu (2016), “KWh effects of residential optional dynamic pricing: Winter evidence from British Columbia, Canada”, Electricity Journal, Vol.29

[16] Chi-Keung Woo, Jay Zarnikau, Alice Shiu and Raymond Li (2017), “Winter Residential Optional Dynamic Pricing: British Columbia, Canada”, Energy Journal, Vol.38 (5)