Duties
Markets, impacts and policies of circular economy, consumer preferences, environmental valuation.
Subject area
Education and academic titles
D.Sc. in Economics, Oulu Business School, University of Oulu
Research and expertise
Introduction
I am an economist working as a Research Professor at the Finnish Environment Institute and at the Jyväskylä University School of Business and Economics (a 50/50 joint professorship).
I have a broad interest in societal and environmental issues. My research topics include, among others, circular economy markets, impacts and policy instruments, environmental valuation, household preferences, and energy economics.
Research and expertise
- Circular economy
- Consumer preferences
- Energy goods and markets
- Environmental valuation
- Policy analysis
- Randomized control trials
- Surveys
Recent publications
- Lehtoranta, V., Ruokamo, E., Väisänen, S., Mykrä, H., Albrecht, E. & Kopperoinen, L. (2026). Valuing the benefits of river catchment management under changing climate in Finland. Ecological Economics. https://doi.org/10.1016/j.ecolecon.2026.108972
- Strandell, A., Karhinen, S., Pitkänen, K., Siiskonen, S.-T. & Ruokamo, E. (2026). Twice upon a home: Energy use, emissions and inequality across primary and second homes. Energy Research & Social Science. https://doi.org/10.1016/j.erss.2025.104491
- Ruokamo, E., Tikkanen, T., Lukkarinen, J. & Karhinen, S. (2025). Energy retrofits in shared ownership: Exploring motivations in Finnish housing companies. Building Research & Information. https://doi.org/10.1080/09613218.2025.2582123
- Juutinen, A., Virk, Z., Huuki, H., Ruokamo, E., Kopsakangas-Savolainen, M., Torabi Haghighi, A. & Marttila, H. (2025). Impact of environmental flow policy on power system balancing costs and river ecosystem service benefits. Water Resources and Economics. https://doi.org/10.1016/j.wre.2025.100269
- Ruokamo, E. & Sahari, A. (2025). Household heterogeneity in valuation of heating energy costs. Energy Efficiency. https://doi.org/10.1007/s12053-025-10301-9
- Tuomela, S., Shakeel, S. R., Yousaf, H., Lukkarinen, J., Ruokamo, E. & Tikkanen, T. (2025). Community Energy in Residential Sector: Exploring Housing Company Residents’ Awareness and Motivations. 21st International Conference on the European Energy Market (EEM). https://doi.org/10.1109/EEM64765.2025.11050124
- Ruokamo, E., Kylkilahti, E., Lettenmeier, M. & Toppinen, A. (2024). Are people willing to share living space? Household preferences in Finland. Buildings & Cities. https://doi.org/10.5334/bc.453
- Ruokamo, E., Juutinen, A., Ashraf, F. B., Haghighi, A. T., Hellsten, S., Huuki, H., Karhinen, S., Kopsakangas-Savolainen, M., Marttila, H., Pongracz, E., Romakkaniemi, A. & Vermaat, J. E. (2024). Estimating the economic value of hydropeaking externalities in regulated rivers. Applied Energy. https://doi.org/10.1016/j.apenergy.2023.122055
- Marttila, H., Huuki, H., Ashraf, F.B., Patro, E.R., Hellsten, S., Ruokamo, E., Karhinen, S., Romakkaniemi, A., Kopsakangas-Savolainen, M., Pongracz, E., Virk, Z.T., Haghighi, A.T. & Juutinen, A. (2024). River systems under peaked stress. Environmental Research Letters. https://doi.org/10.1088/1748-9326/ad4db9
- Ruokamo, E., Franzini, F., Lähtinen, K. & Toppinen, A. (2024). To renovate or build with wood? Results from Finnish citizen survey data. Construction Management and Economics. https://doi.org/10.1080/01446193.2024.2358063
- Ruokamo, E., Savolainen, H., Seppälä, J., Leskinen, P., Kautto, P., Berg, A., Pitkänen, K., Valve, H., Entsalo, H., Turunen, T., Karppinen, T., Heikkinen, M., Springare, S. & Niemistö, J. (2024). Reducing use of natural resources can be coupled with strengthening the economy. Syke Policy Brief. http://hdl.handle.net/10138/575197
- Räihä, J., Clarke, S., Sankelo, P., Ruokamo, E. & Kangas, H.-L. (2024). The importance of organization type: Construction sector perceptions of low-carbon policies and measures. Environmental Science & Policy. https://doi.org/10.1016/j.envsci.2023.103602
- Ruokamo, E., Savolainen, H., Seppälä, J., Sironen, S., Räisänen, M. & Auvinen, A.-P. (2023). Exploring the potential of circular economy to mitigate pressures on biodiversity. Global Environmental Change. https://doi.org/10.1016/j.gloenvcha.2022.102625