World's Best Scientists 2026 revealed!
Tsangyao Chang

Tsangyao Chang

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Economics and Finance
Taiwan
2026

D-Index & Metrics

Economics and Finance

D-Index
48
Citations
9344
World Ranking
1515
National Ranking
3

Research.com Recognitions

  • 2026 - Research.com Economics and Finance in Taiwan Leader Award
  • 2025 - Research.com Economics and Finance in Taiwan Leader Award

Overview

Tsangyao Chang is affiliated with Feng Chia University in Taiwan and has a research portfolio primarily within the domain of Economics, Econometrics, and Finance. The body of work covers 152 publications in this broad field, with significant contributions to subfields such as Economics and Econometrics, Renewable Energy, Sustainability and the Environment, General Economics, Econometrics and Finance, Environmental Engineering, and Finance.

The scientist's research topics emphasize intersections between energy, environment, and economic factors. Key topics include Energy, Environment, Economic Growth; Market Dynamics and Volatility; Energy, Environment, and Transportation Policies; Environmental Impact and Sustainability; Monetary Policy and Economic Impact; Fiscal Policy and Economic Growth; and COVID-19 Pandemic Impacts.

Chang's recent papers demonstrate focused study on sustainable finance, environmental policy, and economic modeling. Notable works include:

  • Does digital finance promote the green innovation of China's listed companies? (2022, Energy Economics)
  • Do the benefits outweigh the disadvantages? Exploring the role of artificial intelligence in renewable energy (2024, Energy Economics)
  • The nexus of financial development and economic growth across major Asian economies: Evidence from bootstrap ARDL testing and machine learning approach (2020, Journal of Computational and Applied Mathematics)
  • Carbon trading market policies and corporate environmental performance in China (2022, Journal of Cleaner Production)
  • Macroeconomic outcomes of OPEC and non-OPEC oil supply shocks in the euro area (2022, Energy Economics)

The venues where Tsangyao Chang frequently publishes reflect a focus on applied economics and environmental research. Principal publication venues include Applied Economics Letters, The North American Journal of Economics and Finance, Environmental Science and Pollution Research, Applied Economics, and Resources Policy.

Collaboration appears to be a consistent part of Chang's research output. Frequent co-authors include Omid Ranjbar, Mei-Chih Wang (with two distinct author entries of collaboration counts), Chi-Wei Su, and Hao-Wen Chang.

Best Publications

  • Nexus between clean energy consumption, economic growth and CO2 emissions

    Unknown

  • The nexus of electricity consumption, economic growth and CO2 emissions in the BRICS countries

    Wendy N. Cowan;Tsangyao Chang;Roula Inglesi-Lotz;Rangan Gupta

  • Does digital finance promote the green innovation of China's listed companies?

    Unknown

  • The Causal Relationship Between Economic Policy Uncertainty and Stock Returns in China and India: Evidence from a Bootstrap Rolling Window Approach

    Xiao-lin Li;Mehmet Balcilar;Rangan Gupta;Tsangyao Chang

  • Renewable energy and growth: Evidence from heterogeneous panel of G7 countries using Granger causality

    Tsangyao Chang;Rangan Gupta;Roula Inglesi-Lotz;Beatrice Desiree Simo-Kengne

  • Financial development and economic growth: the case of Taiwan

    Tsangyao Chang;Steven B. Caudill

  • Energy consumption, employment, output, and temporal causality: evidence from Taiwan based on cointegration and error-correction modelling techniques

    Unknown

  • An econometric test of Wagner's law for six countries based on cointegration and error-correction modelling techniques

    Unknown

  • Does insurance activity promote economic growth? Further evidence based on bootstrap panel Granger causality test

    Tsangyao Chang;Chien-Chiang Lee;Chi-Hung Chang

  • Tax-and-spend, spend-and-tax, or fiscal synchronization: new evidence for ten countries

    Tsangyao Chang;Wen Rong Liu;Steven B. Caudill

  • Are stock prices related to the political uncertainty index in OECD countries? Evidence from the bootstrap panel causality test

    Tsangyao Chang;Wen Yi Chen;Rangan Gupta;Duc Khuong Nguyen

  • The co-movement and causality between the U.S. housing and stock markets in the time and frequency domains

    Xiao-Lin Li;Tsangyao Chang;Stephen M. Miller;Mehmet Balcilar;Mehmet Balcilar

  • Financial development and economic growth in Mainland China: a note on testing demand-following or supply-leading hypothesis

    Unknown

  • A re-examination of Wagner's law for ten countries based on cointegration and error-correction modelling techniques

    Tsangyao Chang;WenRong Liu;Steven B. Caudill

  • Are stock market returns related to the weather effects? Empirical evidence from Taiwan

    Unknown

  • Nuclear energy consumption, oil consumption and economic growth in G-6 countries: Bootstrap panel causality test

    Unknown

  • Military Spending and Economic Growth in the Middle East Countries: Bootstrap Panel Causality Test

    Unknown

  • Macroeconomic outcomes of OPEC and non-OPEC oil supply shocks in the euro area

    Unknown

  • Does debt affect firm value in Taiwan? A panel threshold regression analysis

    Unknown

  • The nexus of financial development and economic growth across major Asian economies: Evidence from bootstrap ARDL testing and machine learning approach

    Unknown

  • Revisiting purchasing power parity in African countries: panel stationary test with sharp and smooth breaks

    Mohsen Bahmani-Oskooee;Tsangyao Chang;Tsungpao Wu

  • Does Military Spending Really Matter for Economic Growth in China and G7 Countries: The Roles of Dependency and Heterogeneity

    Tsangyao Chang;Chien-Chiang Lee;Ken Hung;Kuo-Hao Lee

  • Cross-country evidence on the causal relationship between policy uncertainty and housing prices

    Ghassen El-Montasser;Ahdi N. Ajmi;Tsangyao Chang;Beatrice Desiree Simo-Kengne

  • Is gold an inflation-hedge? Evidence from an interrupted Markov-switching cointegration model

    Goodness Chioma Aye;Tsangyao Chang;Rangan Gupta

  • Causality between research output and economic growth in BRICS

    Roula Inglesi-Lotz;Tsangyao Chang;Rangan Gupta

  • Hydroelectricity consumption and economic growth nexus: Evidence from a panel of ten largest hydroelectricity consumers

    Nicholas Apergis;Tsangyao Chang;Rangan Gupta;Emmanuel Ziramba

  • Energy consumption and economic growth nexus in South Africa: Asymmetric frequency domain approach

    O. Ranjbar;T. Chang;E. Nel;R. Gupta

  • Asymmetric causality between military expenditures and economic growth in top six defense spenders

    Abdulnasser Hatemi-J;Tsangyao Chang;Wen-Yi Chen;Feng-Li Lin

  • Causal relationship between nuclear energy consumption and economic growth in G6 countries : evidence from panel Granger causality tests

    Tsangyao Chang;Fabrice Gatwabuyege;Rangan Gupta;Roula Inglesi-Lotz

  • The relationship between commodity markets and commodity mutual funds: A wavelet-based analysis

    Nikolaos Antonakakis;Nikolaos Antonakakis;Tsangyao Chang;Juncal Cunado;Rangan Gupta

  • Asymmetric causality using frequency domain and time-frequency domain (wavelet) approaches

    Mohsen Bahmani-Oskooee;Tsangyao Chang;Omid Ranjbar

  • Causal Relationship between Asset Prices and Output in the United States: Evidence from the State-Level Panel Granger Causality Test

    Furkan Emirmahmutoglu;Mehmet Bacilar;Nicholas Apergis;Beatrice D. Simo-Kengne

  • Testing for bubbles in the BRICS stock markets

    Tsangyao Chang;Luis Gil-Alana;Omid Ranjbar;Goodness Chioma Aye

Frequent Co-Authors

Rangan Gupta
Rangan Gupta University of Pretoria
Nicholas Apergis
Nicholas Apergis University of Piraeus
Nikolaos Antonakakis
Nikolaos Antonakakis University of Nicosia
Juncal Cunado
Juncal Cunado University of Navarra
Luis A. Gil-Alana
Luis A. Gil-Alana University of Navarra
Mohsen Bahmani-Oskooee
Mohsen Bahmani-Oskooee University of Wisconsin–Milwaukee
Chi-Wei Su
Chi-Wei Su Qingdao University

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