Bing Xu

Dr, Associate Professor in Finance

  • Edinburgh

    United Kingdom

Accepting PhD Students


Research output per year

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Personal profile


Bing Xu is an Associate Professor in Finance at the Heriot-Watt University. She holds a MA (Hons) in Business Studies & Accounting and a PhD in Management both from the University of Edinburgh. 

Research interests

Bing’s research concerns banking and finance, energy economics, applied energy, Data Envelopment Analysis (DEA), and Multi-criteria Decision Making Analysis (MCDA). She has also worked on several external funded multidisciplinary energy projects (e.g., E-Harbours; Efficient Sustainable Energy Management with the Abattoir and Dairy industries in Scotland) on the design of multidimensional frameworks to evaluate the effectiveness of energy strategies by focusing on stakeholders’ attitudes, motivations, and acceptance.

Bing is currently leads the work around policy, public engagement, and performance evaluation on three EPSRC funded projects: 1) low carbon jet fuel production through integration of novel technologies for co-valorisation of CO2 and biomass (EP/N009924/1); 2) biofuel and biochemicals with CCUS (via Supergen Bioenergy Hub);  and 3) GREEN ICEs (EP/T022701/1). She is also work on a sustainable cooling project funded by Scottish Funding Council.

She is on the board of director for the Roundtable on Sustainable Biomaterials (RSB) which is a global, multi-stakeholder independent organisation and is the most trusted, peer-reviewed member body active in the bioeconomy. She is also the Energy Economics Working Group Chair for the UK Chinese Economics Association.

Bing has published in journals such as Annals of Operations Research, Applied Economics, Applied EnergyEconomics Letter, Energy EconomicsEnergy Journal, Expert Systems with Applications, Journal of Financial Stability, International Review of Financial Analysis, Transportation Research Part A: Policy and Practice, among others.

She is interested in supervising PhD students in banking, green finance, energy economics, decision-making analysis and social acceptance.

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Research Output

  • 20 Article
  • 3 Chapter (peer-reviewed)
  • 2 Conference article
  • 1 Discussion paper

Commodity price co-movement: heterogeneity and the time-varying impact of fundamentals

Byrne, J. P., Sakemoto, R. & Xu, B., Apr 2020, In : European Review of Agricultural Economics. 47, 2, p. 499-528 30 p.

Research output: Contribution to journalArticle

  • Open Access
  • A new VIKOR-based in-sample-out-of-sample classifier with application in bankruptcy prediction

    Ouenniche, J., Bouslah, K., Pérez-Gladish, B. & Xu, B., 9 Apr 2019, In : Annals of Operations Research. p. 1-18 18 p.

    Research output: Contribution to journalArticle

    Open Access
  • 26 Downloads (Pure)

    Economic policy uncertainty effects on credit and stability of financial institutions

    Caglayan, M. & Xu, B., 5 Jul 2019, In : Bulletin of Economic Research. 71, 3, p. 342-347 6 p.

    Research output: Contribution to journalArticle

  • Oil Prices, Fundamentals and Expectations

    Byrne, J. P., Lorusso, M. & Xu, B., Mar 2019, In : Energy Economics. 79, p. 59-75 17 p.

    Research output: Contribution to journalArticle

    Open Access
  • 37 Downloads (Pure)


    • 1 Participation in conference
    • 1 Participation in workshop, seminar, course
    • 1 Invited talk

    The 20th Annual Conference of the Chartered Institute of Logistics & Transport, Kenilworth

    Richard Holden (Invited speaker), Bing Xu (Invited speaker), Philip Greening (Invited speaker), Pratyush Dadhich (Invited speaker)
    18 Jun 2015

    Activity: Participating in or organising an eventParticipation in conference


    Bing Xu (Speaker)
    6 Sep 2012

    Activity: Participating in or organising an eventParticipation in workshop, seminar, course