Bing Xu

Associate Professor

+44 (0)131 451 3294
Room G.54
Mary Burton Building
Heriot-Watt University
Roles and responsibilities

Associate Professor in Finance


Bing’s research interests include: the design of multidimensional frameworks for performance evaluation of entities such as competing forecasting models, firms, industries, energy strategies and electric vehicles; building forecasting models for oil prices/volatilities, bankruptcy assessment; energy economics such as modelling the impact of oil price shocks on the economic activities, energy price volatilities and firm-level investment; Data Envelopment Analysis (DEA); and Multi-Criteria Decision Analysis (MCDA).

Bing is also collaborating with industries and municipalities on a number of European and Scottish Council funded projects (E-Harbours, ENERMAN).

Selected publications
  • Abhyankar A. Xu B. and Wang J. (2013), Oil price shocks and the stock market: evidence from Japan. The Energy Journal, 34(2), pp. 199-222.
  • Xu B. and Ouenniche J. (2012), A data envelopment analysis-based framework for the relative performance evaluation of competing crude oil volatility forecasting models, Energy Economics, 34(2), pp. 576-583.
  • Xu B. and Ouenniche J. (2012), Performance evaluation of competing forecasting models: A multidimensional framework based on MCDA. Expert Systems with Applications, 39(9), pp. 8312-8324.
  • Xu B. and Ouenniche J. (2011), A multidimensional framework for performance evaluation of forecasting Models: context-dependent DEA. Applied Financial Economics, 21(24), pp. 1873-1890

Bing joined the School of Management and Languages at Heriot-Watt University in January 2013.

Prior to this, she worked as a Lecturer in Finance at the Robert Gordon University.

Bing received a first class honours degree in 2005 and a PhD in 2009 both from the University of Edinburgh.