![Peng Zhou FHEA MSc BSc (Hons) BA (Hons) PGCE PhD (Econ)](https://profiles-cardiff.imgix.net/attachments/1458?w=200&h=200&auto=format&crop=faces&fit=crop&q=90")
Dr Peng Zhou
(he/him)
FHEA MSc BSc (Hons) BA (Hons) PGCE PhD (Econ)
Reader in Economics
- Media commentator
- Available for postgraduate supervision
Overview
With a first-class degree in Philosophy at Peking University (北京大学) and an MSc in Economics and Finance at the University of York, I started my career in a consulting company, providing legal and financial advice for the government and businesses in infrastructure projects, such as power plants, water plants, sewage treatment plants, highways, and undergrounds. I left the company to pursue my PhD in Economics at Cardiff University, focusing on macroeconomic DSGE modelling and applied microeconomics. Quantitative modelling and data analysis are my specialties.
After obtaining my PhD, I started my academic career as a lecturer in Economics and Finance at Cardiff Metropolitan University, and I was a guest lecturer at Cardiff University during the same time. I formally joined Cardiff Business School at Cardiff University since 2016. I am now a Reader in Economics and the director of Welsh Institute for Research in Economics and Development.
My research in macroeconomics, entrepreneurship and policy evaluation has been published in top field journals such as Research Policy, Reginal Studies, Economic History Review, Energy Economics, Annals of Tourism Research, Journal of Economic Behavior and Organization, etc.
Meanwhile, I keep a close connection with the industries, providing consultancy for Confused.com, Ausnutria Dairy Co., Ltd and Peril Capital Ltd. I also contributed to the quantitative evaluation of the Welsh government’s Independent Living Adaptation scheme in 2014 and investigating the health needs of the homeless in 2016 (jointly with Shelter Cymru). My published article on international trade has attracted a wide attention in the British government, and was invited to present my findings at the House of Parliament in Feb 2015. I also wrote commentary articles for Oxford Analytica, with a wide readership ranging from United Nations to multinational businesses.
Publication
2024
- Zhang, Y., Gong, B. and Zhou, P. 2024. Centralized use of decentralized technology: Tokenization of currencies and assets. Structural Change and Economic Dynamics 71, pp. 15-25. (10.1016/j.strueco.2024.06.006)
- Zhang, Y., Tavalaei, M. M., Parry, G. and Zhou, P. 2024. Evolution or involution? A systematic literature review of organisations' blockchain adoption factors. Technological Forecasting and Social Change 208, article number: 123710. (10.1016/j.techfore.2024.123710)
- Huang, J. and Zhou, P. 2024. Causes and effects of social media engagement in luxury fashion marketing: a comparative study over the COVID pandemic. Journal of Current Issues and Research in Advertising (10.1080/10641734.2024.2377547)
- Chen, X., Mi, H. and Zhou, P. 2024. Whether to decentralize and how to decentralize? The optimal fiscal federalism in an endogenous growth model. Applied Economics 56(29), pp. 3499-3516. (10.1080/00036846.2023.2206629)
- Zhou, P. 2024. Make lectures match how we learn: The nonlinear teaching approach to economics. Education Sciences 14(5), article number: 509. (10.3390/educsci14050509)
- Xu, Y., Su, B., Pan, W. and Zhou, P. 2024. A high-frequency digital economy index: text analysis and factor analysis based on big data. Applied Economics Letters (10.1080/13504851.2024.2349128)
2023
- Zhou, P. and Guo, D. 2023. Sanctions, co-sanctions, and counter-sanctions: a multilateral, evolutionary game among three global powers. Defence and Peace Economics (10.1080/10242694.2023.2289820)
- Wei, H., Tu, Y. and Zhou, P. 2023. Technical barriers to trade and export performance: Comparing exiting and staying firms. Economic Modelling 126, article number: 106439. (10.1016/j.econmod.2023.106439)
- Foreman-Peck, J. and Zhou, P. 2023. Specialisation precedes diversification: R&D productivity effects. Research Policy 52(7), article number: 104808. (10.1016/j.respol.2023.104808)
- Wei, H., Deng, L. and Zhou, P. 2023. The impact of globalization on domestic employment. Applied Economics 55(29), pp. 3390-3403. (10.1080/00036846.2022.2114998)
- Guo, D. and Zhou, P. 2023. The evolution of financial market infrastructure: from digitalization to tokenization. International Journal of Innovation and Entrepreneurship 2(1), article number: 2. (10.56502/IJIE2010002)
2022
- Yun, Z., Zhou, P. and Zhang, B. 2022. High-performance work systems, thriving at work, and job burnout among nurses in Chinese public hospitals: The role of resilience at work. Healthcare 10(10), article number: 1935. (10.3390/healthcare10101935)
- Zhou, P., Tzivanakis, N., Wang, T., Lu, Y. and Liu, P. 2022. Editorial: bridging the gap between innovation and entrepreneurship. International Journal of Innovation and Entrepreneurship (10.56502/IJIE1010001)
- Foreman-Peck, J. and Zhou, P. 2022. R&D subsidies and productivity in eastern European countries. Economic Systems 46(2), article number: 100978. (10.1016/j.ecosys.2022.100978)
- Yang, X. and Zhou, P. 2022. Wealth inequality and social mobility: A simulation-based modelling approach. Journal of Economic Behavior and Organization 196, pp. 307-329. (10.1016/j.jebo.2022.02.012)
- Zhang, B. et al. 2022. The boundary conditions of high-performance work systems-organizational citizenship behavior relationship: a multiple-perspective exploration in the Chinese context. Frontiers in Psychology 12, article number: 743457. (10.3389/fpsyg.2021.743457)
2021
- Guo, D. and Zhou, P. 2021. Green bonds as hedging assets before and after COVID: a comparative study between the US and China. Energy Economics 104, article number: 105696. (10.1016/j.eneco.2021.105696)
- Guo, D. and Zhou, P. 2021. The rise of a new anchor currency in RCEP? A tale of three currencies. Economic Modelling 104, article number: 105647. (10.1016/j.econmod.2021.105647)
- Zhang, B. and Zhou, P. 2021. Financial development and economic growth in a microfounded small open economy model. North American Journal of Economics and Finance 58, article number: 101544. (10.1016/j.najef.2021.101544)
- Wang, C., Le, V. P. M., Matthews, K. and Zhou, P. 2021. Shadow banking activity and entrusted loans in a DSGE model of China. Manchester School 89(5), pp. 445-469. (10.1111/manc.12319)
- Zhou, B., Zhang, Y. and Zhou, P. 2021. Multilateral political effects on outbound tourism. Annals of Tourism Research 88, article number: 103184. (10.1016/j.annals.2021.103184)
- Zhang, B., Zhang, Y. and Zhou, P. 2021. Consumer attitude towards sustainability of fast fashion products in the UK. Sustainability 13(4), article number: 1646. (10.3390/su13041646)
- Zhou, P. 2021. Separating yolk from white: a filter based on economic properties of trend and cycle. International Journal of Computational Economics and Econometrics 11(1), pp. 78-83. (10.1504/IJCEE.2021.111716)
2020
- Zhang, B. and Zhou, P. 2020. An economic evaluation framework for government-funded home adaptation schemes: a quantitative approach. Healthcare 8(3), article number: 345. (10.3390/healthcare8030345)
- Foreman-Peck, J. and Zhou, P. 2020. Fertility versus productivity: a model of growth with evolutionary equilibria. Journal of Population Economics 34, pp. 1073-1104. (10.1007/s00148-020-00813-2)
- Huang, J., Matthews, K. and Zhou, P. 2020. What causes Chinese listed firms to switch bank loan provider? Evidence from a survival analysis. Emerging Markets Review 43, article number: 100678. (10.1016/j.ememar.2020.100678)
- Dai, L. and Zhou, P. 2020. The health issues of the homeless and the homeless issues of the ill-health. Socio-Economic Planning Sciences 69, article number: 100677. (10.1016/j.seps.2018.12.004)
- Foreman-Peck, J. and Zhou, P. 2020. Devolving fiscal policy: migration and tax yields. Regional Studies 54(3), pp. 308-317. (10.1080/00343404.2019.1602256)
- Foreman-Peck, J. and Zhou, P. 2020. Welsh taxes. Welsh Economic Review 27, pp. 18-24. (10.18573/wer.254)
- Zhou, P. 2020. Use semi-structured discussion in health economics seminars. In: Al-Sartawi, A. et al. eds. Global Approaches to Sustainability Through Learning and Education. IGI Global, pp. 200-206., (10.4018/978-1-7998-0062-0.ch012)
- Minford, P., Wang, Y. and Zhou, P. 2020. Resolving the public-sector wage premium puzzle by indirect inference. Applied Economics 52(7), pp. 726-741. (10.1080/00036846.2019.1648748)
2019
- Foreman-Peck, J. and Zhou, P. 2019. Response to Edwards and Ogilvie. Economic History Review 72(4), pp. 1477-1450. (10.1111/ehr.12819)
- Zhou, P. and Dixon, H. 2019. The determinants of price rigidity in the UK: Analysis of the CPI and PPI microdata and application to macrodata modelling. Manchester School 87(5), pp. 640-677. (10.1111/manc.12263)
- Wang, Y. and Zhou, P. 2019. The public sector wage premium puzzle. International Journal of Computational Economics and Econometrics 9(4), pp. 287-307. (10.1504/IJCEE.2019.10021464)
2018
- Foreman-Peck, J. and Zhou, P. 2018. Late marriage as a contributor to the Industrial Revolution in England. Economic History Review 71(4), pp. 1073-1099. (10.1111/ehr.12651)
- White, G. R. T., Samuel, A., Zhou, P., Razak, A. A. and Thomas, S. 2018. Religious heterogeneity of food consumers: the impact of global markets upon methods of production. Journal of Consumer Behaviour 17(1), pp. 3-12. (10.1002/cb.1658)
2017
- Thomas, A. M., White, G. R., Plant, E. and Zhou, P. 2017. Challenges and practices in Halal meat preparation: a case study investigation of a UK slaughterhouse. Total Quality Management & Business Excellence 28(1-2), pp. 12-31. (10.1080/14783363.2015.1044892)
- Wang, Y. and Zhou, P. 2017. Are we better off working in the public sector?. Presented at: 2016 International Conference on Applied Economics (ICOAE), Nicosia, Cyprus, 7-9 July 2016 Presented at Tsounis, N. and Vlachvei, A. eds.Advances in Applied Economic Research. Springer Proceedings in Business and Economics Cham, Switzerland: Springer International Publishing pp. 379-409., (10.1007/978-3-319-48454-9_28)
- Zhou, P., Youssef, N. and Sakr, A. 2017. The effect of board structure on Egyptian mutual fund fees: a structural equation model analysis. European Journal of Business and Management 9, pp. 86-104.
- Ahmed, S., Yousseff, N. and Zhou, P. 2017. The effect of board structure on stock picking and market timing abilities of the Egyptian mutual fund managers: Evidence from financial crisis. European Journal of Business and Management 9, pp. 91-110.
- Chen, X., Minford, A. P. L., Tian, K. and Zhou, P. 2017. Who provides the capital for Chinese growth: the public or the private sector?. Applied Economics 49(23), pp. 2238-2252. (10.1080/00036846.2016.1234704)
2016
- Zhou, P. 2016. The Role of SOEs in the Chinese Growth Miracle: A “Pancake Theory”. International Journal of Economics & Management Sciences 6(1), article number: 1000393. (10.4172/2162-6359.1000393)
- Dai, L. and Zhou, P. 2016. Bubbles and overshooting crash. Business and Economics Journal 7(4), article number: 263. (10.4172/2151-6219.1000263)
- Zhou, P. and Li, D. 2016. Investment and technology upgrade of milk powder producers: A comparative study of Chinese and Dutch firms. Journal of Food and Dairy Technology 4(4), pp. 45-51.
- Zhou, P. and Li, D. 2016. Some new features of the global dairy industry. Journal of Food and Dairy Technology 4(4), pp. 38-44.
- Dai, L. and Zhou, P. 2016. Practice-oriented model selection in Forex market. International Journal of Economics & Management Sciences 5(6), article number: 1000383. (10.4172/2162-6359.1000383)
- Zhou, P. 2016. Money demand in China: A banking approach. International Journal of Economics & Management Sciences 5(6), article number: 1000381. (10.4172/2162-6359.1000381)
2015
- Minford, A. P. L., Xu, Y. and Zhou, P. 2015. How good are out of sample forecasting tests on DSGE models?. Italian Economic Journal 1(3), pp. 333-351. (10.1007/s40797-015-0020-9)
- Foreman-Peck, J. and Zhou, P. 2015. Firm-level evidence for the language investment effect on SME Exporters. Scottish Journal of Political Economy 62(4), pp. 351-377.
- Bibbings, J., Boniface, G., Campbell, J., Findlay, G., Reeves McAll, E., Le Zhang, M. and Zhou, P. 2015. A review of independent living adaptations. Project Report. Cardiff: Crown Copyright.
- Li, D., Minford, A. P. L. and Zhou, P. 2015. A DSGE model of China. Applied Economics 47(59), pp. 6438-6460. (10.1080/00036846.2015.1071477)
2014
- Minford, A. P. L., Xu, Y. and Zhou, P. 2014. How good are out of sample forecasting tests on DSGE models?. Working paper. Cardiff: Cardiff University.
- Foreman-Peck, J. S. and Zhou, P. 2014. Firm-level evidence for the language investment effect on SME exporters. Working paper. Cardiff: Cardiff University.
- Foreman-Peck, J. and Zhou, P. 2014. The rise of the English economy 1300-1900: a lasting response to demographic shocks. Working paper. Cardiff: Cardiff University.
- Foreman-Peck, J. and Zhou, P. 2014. Cultures of female entrepreneurship. Working paper. Cardiff: Cardiff University.
- Foreman-Peck, J. S. and Zhou, P. 2014. Cultures of female entrepreneurship. International Review of entrepreneurship 12(1), pp. 1-22.
2013
- Foreman-Peck, J. S. and Zhou, P. 2013. The strength and persistence of entrepreneurial cultures. Journal of Evolutionary Economics 23(1), pp. 163-187. (10.1007/s00191-011-0239-z)
2012
- Zhou, P. 2012. Microdata analysis of price setting behaviour and macrodata analysis of heterogeneous DSGE models. PhD Thesis, Cardiff University.
2010
- Dixon, H. and Zhou, P. 2010. An empirical study on price rigidity. Working paper. Cardiff: Cardiff University.
- Foreman-Peck, J. S. and Zhou, P. 2010. The strength and persistence of entrepreneurial cultures. Working paper. Cardiff: Cardiff University.
- Foreman-Peck, J. S. and Zhou, P. 2010. Entrepreneurial culture or institutions? A twentieth century resolution. In: García-Ruiz, J. L. and Toninelli, P. A. eds. The determinants of entrepreneurship: leadership, culture, institutions. Perspectives in economic and social history Vol. 7. London: Pickering and Chatto, pp. 125-142.
Articles
- Zhang, Y., Gong, B. and Zhou, P. 2024. Centralized use of decentralized technology: Tokenization of currencies and assets. Structural Change and Economic Dynamics 71, pp. 15-25. (10.1016/j.strueco.2024.06.006)
- Zhang, Y., Tavalaei, M. M., Parry, G. and Zhou, P. 2024. Evolution or involution? A systematic literature review of organisations' blockchain adoption factors. Technological Forecasting and Social Change 208, article number: 123710. (10.1016/j.techfore.2024.123710)
- Huang, J. and Zhou, P. 2024. Causes and effects of social media engagement in luxury fashion marketing: a comparative study over the COVID pandemic. Journal of Current Issues and Research in Advertising (10.1080/10641734.2024.2377547)
- Chen, X., Mi, H. and Zhou, P. 2024. Whether to decentralize and how to decentralize? The optimal fiscal federalism in an endogenous growth model. Applied Economics 56(29), pp. 3499-3516. (10.1080/00036846.2023.2206629)
- Zhou, P. 2024. Make lectures match how we learn: The nonlinear teaching approach to economics. Education Sciences 14(5), article number: 509. (10.3390/educsci14050509)
- Xu, Y., Su, B., Pan, W. and Zhou, P. 2024. A high-frequency digital economy index: text analysis and factor analysis based on big data. Applied Economics Letters (10.1080/13504851.2024.2349128)
- Zhou, P. and Guo, D. 2023. Sanctions, co-sanctions, and counter-sanctions: a multilateral, evolutionary game among three global powers. Defence and Peace Economics (10.1080/10242694.2023.2289820)
- Wei, H., Tu, Y. and Zhou, P. 2023. Technical barriers to trade and export performance: Comparing exiting and staying firms. Economic Modelling 126, article number: 106439. (10.1016/j.econmod.2023.106439)
- Foreman-Peck, J. and Zhou, P. 2023. Specialisation precedes diversification: R&D productivity effects. Research Policy 52(7), article number: 104808. (10.1016/j.respol.2023.104808)
- Wei, H., Deng, L. and Zhou, P. 2023. The impact of globalization on domestic employment. Applied Economics 55(29), pp. 3390-3403. (10.1080/00036846.2022.2114998)
- Guo, D. and Zhou, P. 2023. The evolution of financial market infrastructure: from digitalization to tokenization. International Journal of Innovation and Entrepreneurship 2(1), article number: 2. (10.56502/IJIE2010002)
- Yun, Z., Zhou, P. and Zhang, B. 2022. High-performance work systems, thriving at work, and job burnout among nurses in Chinese public hospitals: The role of resilience at work. Healthcare 10(10), article number: 1935. (10.3390/healthcare10101935)
- Zhou, P., Tzivanakis, N., Wang, T., Lu, Y. and Liu, P. 2022. Editorial: bridging the gap between innovation and entrepreneurship. International Journal of Innovation and Entrepreneurship (10.56502/IJIE1010001)
- Foreman-Peck, J. and Zhou, P. 2022. R&D subsidies and productivity in eastern European countries. Economic Systems 46(2), article number: 100978. (10.1016/j.ecosys.2022.100978)
- Yang, X. and Zhou, P. 2022. Wealth inequality and social mobility: A simulation-based modelling approach. Journal of Economic Behavior and Organization 196, pp. 307-329. (10.1016/j.jebo.2022.02.012)
- Zhang, B. et al. 2022. The boundary conditions of high-performance work systems-organizational citizenship behavior relationship: a multiple-perspective exploration in the Chinese context. Frontiers in Psychology 12, article number: 743457. (10.3389/fpsyg.2021.743457)
- Guo, D. and Zhou, P. 2021. Green bonds as hedging assets before and after COVID: a comparative study between the US and China. Energy Economics 104, article number: 105696. (10.1016/j.eneco.2021.105696)
- Guo, D. and Zhou, P. 2021. The rise of a new anchor currency in RCEP? A tale of three currencies. Economic Modelling 104, article number: 105647. (10.1016/j.econmod.2021.105647)
- Zhang, B. and Zhou, P. 2021. Financial development and economic growth in a microfounded small open economy model. North American Journal of Economics and Finance 58, article number: 101544. (10.1016/j.najef.2021.101544)
- Wang, C., Le, V. P. M., Matthews, K. and Zhou, P. 2021. Shadow banking activity and entrusted loans in a DSGE model of China. Manchester School 89(5), pp. 445-469. (10.1111/manc.12319)
- Zhou, B., Zhang, Y. and Zhou, P. 2021. Multilateral political effects on outbound tourism. Annals of Tourism Research 88, article number: 103184. (10.1016/j.annals.2021.103184)
- Zhang, B., Zhang, Y. and Zhou, P. 2021. Consumer attitude towards sustainability of fast fashion products in the UK. Sustainability 13(4), article number: 1646. (10.3390/su13041646)
- Zhou, P. 2021. Separating yolk from white: a filter based on economic properties of trend and cycle. International Journal of Computational Economics and Econometrics 11(1), pp. 78-83. (10.1504/IJCEE.2021.111716)
- Zhang, B. and Zhou, P. 2020. An economic evaluation framework for government-funded home adaptation schemes: a quantitative approach. Healthcare 8(3), article number: 345. (10.3390/healthcare8030345)
- Foreman-Peck, J. and Zhou, P. 2020. Fertility versus productivity: a model of growth with evolutionary equilibria. Journal of Population Economics 34, pp. 1073-1104. (10.1007/s00148-020-00813-2)
- Huang, J., Matthews, K. and Zhou, P. 2020. What causes Chinese listed firms to switch bank loan provider? Evidence from a survival analysis. Emerging Markets Review 43, article number: 100678. (10.1016/j.ememar.2020.100678)
- Dai, L. and Zhou, P. 2020. The health issues of the homeless and the homeless issues of the ill-health. Socio-Economic Planning Sciences 69, article number: 100677. (10.1016/j.seps.2018.12.004)
- Foreman-Peck, J. and Zhou, P. 2020. Devolving fiscal policy: migration and tax yields. Regional Studies 54(3), pp. 308-317. (10.1080/00343404.2019.1602256)
- Foreman-Peck, J. and Zhou, P. 2020. Welsh taxes. Welsh Economic Review 27, pp. 18-24. (10.18573/wer.254)
- Minford, P., Wang, Y. and Zhou, P. 2020. Resolving the public-sector wage premium puzzle by indirect inference. Applied Economics 52(7), pp. 726-741. (10.1080/00036846.2019.1648748)
- Foreman-Peck, J. and Zhou, P. 2019. Response to Edwards and Ogilvie. Economic History Review 72(4), pp. 1477-1450. (10.1111/ehr.12819)
- Zhou, P. and Dixon, H. 2019. The determinants of price rigidity in the UK: Analysis of the CPI and PPI microdata and application to macrodata modelling. Manchester School 87(5), pp. 640-677. (10.1111/manc.12263)
- Wang, Y. and Zhou, P. 2019. The public sector wage premium puzzle. International Journal of Computational Economics and Econometrics 9(4), pp. 287-307. (10.1504/IJCEE.2019.10021464)
- Foreman-Peck, J. and Zhou, P. 2018. Late marriage as a contributor to the Industrial Revolution in England. Economic History Review 71(4), pp. 1073-1099. (10.1111/ehr.12651)
- White, G. R. T., Samuel, A., Zhou, P., Razak, A. A. and Thomas, S. 2018. Religious heterogeneity of food consumers: the impact of global markets upon methods of production. Journal of Consumer Behaviour 17(1), pp. 3-12. (10.1002/cb.1658)
- Thomas, A. M., White, G. R., Plant, E. and Zhou, P. 2017. Challenges and practices in Halal meat preparation: a case study investigation of a UK slaughterhouse. Total Quality Management & Business Excellence 28(1-2), pp. 12-31. (10.1080/14783363.2015.1044892)
- Zhou, P., Youssef, N. and Sakr, A. 2017. The effect of board structure on Egyptian mutual fund fees: a structural equation model analysis. European Journal of Business and Management 9, pp. 86-104.
- Ahmed, S., Yousseff, N. and Zhou, P. 2017. The effect of board structure on stock picking and market timing abilities of the Egyptian mutual fund managers: Evidence from financial crisis. European Journal of Business and Management 9, pp. 91-110.
- Chen, X., Minford, A. P. L., Tian, K. and Zhou, P. 2017. Who provides the capital for Chinese growth: the public or the private sector?. Applied Economics 49(23), pp. 2238-2252. (10.1080/00036846.2016.1234704)
- Zhou, P. 2016. The Role of SOEs in the Chinese Growth Miracle: A “Pancake Theory”. International Journal of Economics & Management Sciences 6(1), article number: 1000393. (10.4172/2162-6359.1000393)
- Dai, L. and Zhou, P. 2016. Bubbles and overshooting crash. Business and Economics Journal 7(4), article number: 263. (10.4172/2151-6219.1000263)
- Zhou, P. and Li, D. 2016. Investment and technology upgrade of milk powder producers: A comparative study of Chinese and Dutch firms. Journal of Food and Dairy Technology 4(4), pp. 45-51.
- Zhou, P. and Li, D. 2016. Some new features of the global dairy industry. Journal of Food and Dairy Technology 4(4), pp. 38-44.
- Dai, L. and Zhou, P. 2016. Practice-oriented model selection in Forex market. International Journal of Economics & Management Sciences 5(6), article number: 1000383. (10.4172/2162-6359.1000383)
- Zhou, P. 2016. Money demand in China: A banking approach. International Journal of Economics & Management Sciences 5(6), article number: 1000381. (10.4172/2162-6359.1000381)
- Minford, A. P. L., Xu, Y. and Zhou, P. 2015. How good are out of sample forecasting tests on DSGE models?. Italian Economic Journal 1(3), pp. 333-351. (10.1007/s40797-015-0020-9)
- Foreman-Peck, J. and Zhou, P. 2015. Firm-level evidence for the language investment effect on SME Exporters. Scottish Journal of Political Economy 62(4), pp. 351-377.
- Li, D., Minford, A. P. L. and Zhou, P. 2015. A DSGE model of China. Applied Economics 47(59), pp. 6438-6460. (10.1080/00036846.2015.1071477)
- Foreman-Peck, J. S. and Zhou, P. 2014. Cultures of female entrepreneurship. International Review of entrepreneurship 12(1), pp. 1-22.
- Foreman-Peck, J. S. and Zhou, P. 2013. The strength and persistence of entrepreneurial cultures. Journal of Evolutionary Economics 23(1), pp. 163-187. (10.1007/s00191-011-0239-z)
Book sections
- Zhou, P. 2020. Use semi-structured discussion in health economics seminars. In: Al-Sartawi, A. et al. eds. Global Approaches to Sustainability Through Learning and Education. IGI Global, pp. 200-206., (10.4018/978-1-7998-0062-0.ch012)
- Foreman-Peck, J. S. and Zhou, P. 2010. Entrepreneurial culture or institutions? A twentieth century resolution. In: García-Ruiz, J. L. and Toninelli, P. A. eds. The determinants of entrepreneurship: leadership, culture, institutions. Perspectives in economic and social history Vol. 7. London: Pickering and Chatto, pp. 125-142.
Conferences
- Wang, Y. and Zhou, P. 2017. Are we better off working in the public sector?. Presented at: 2016 International Conference on Applied Economics (ICOAE), Nicosia, Cyprus, 7-9 July 2016 Presented at Tsounis, N. and Vlachvei, A. eds.Advances in Applied Economic Research. Springer Proceedings in Business and Economics Cham, Switzerland: Springer International Publishing pp. 379-409., (10.1007/978-3-319-48454-9_28)
Monographs
- Bibbings, J., Boniface, G., Campbell, J., Findlay, G., Reeves McAll, E., Le Zhang, M. and Zhou, P. 2015. A review of independent living adaptations. Project Report. Cardiff: Crown Copyright.
- Minford, A. P. L., Xu, Y. and Zhou, P. 2014. How good are out of sample forecasting tests on DSGE models?. Working paper. Cardiff: Cardiff University.
- Foreman-Peck, J. S. and Zhou, P. 2014. Firm-level evidence for the language investment effect on SME exporters. Working paper. Cardiff: Cardiff University.
- Foreman-Peck, J. and Zhou, P. 2014. The rise of the English economy 1300-1900: a lasting response to demographic shocks. Working paper. Cardiff: Cardiff University.
- Foreman-Peck, J. and Zhou, P. 2014. Cultures of female entrepreneurship. Working paper. Cardiff: Cardiff University.
- Dixon, H. and Zhou, P. 2010. An empirical study on price rigidity. Working paper. Cardiff: Cardiff University.
- Foreman-Peck, J. S. and Zhou, P. 2010. The strength and persistence of entrepreneurial cultures. Working paper. Cardiff: Cardiff University.
Thesis
- Zhou, P. 2012. Microdata analysis of price setting behaviour and macrodata analysis of heterogeneous DSGE models. PhD Thesis, Cardiff University.
Research
Research Interests
- Macro Topics: Economic Growth, Business Cycle, Economic Inequality, Fiscal Devolution, Monetary Economics
- Micro Topics: R&D and Innovation, Culture and Institution, Basic Goods, Labour Economics, Financial Economics, Public Economics, International Economics, Tourism Economics, Environmental Economics, Managerial Economics
- Economic Modelling: DSGE Modelling, CGE Modelling, Agent-Based Modelling
- Econometric Modelling: Applied Microeconometrics, Applied Macroeconometrics
Research Grants in UK
- 2019-2020, An assessment of the possibilities, scope and practicality of a land value tax for Wales, £9,289 funded by Plaid Cymru (Party of Wales).
- 2016-2017, Health Needs of the Homeless, with Shelter Cymru, £39,649 funded by Cymorth Cymru: Published Paper, Project Report
- 2016, Economic Effects of Income Tax Devolution in Wales, £2,000 funded by Peril Capital: Project Report, Slides, Poster
- 2014-2015, Economic Evaluation of Independent Living Adaptations, with Shelter Cymru, £38,110 funded by Welsh Government: Project Report
Research Grants in China
- 2023-2026, Effects of AI on wages and employments (强人工智能对企业工资和就业的影响机制研究), with Qiang Wu (UIBE), ¥200,000 funded by The National Social Science Fund of China, grant number: 23BJY133.
- 2021-2024, Currency circulation and government bonds market reform (货币回流的经济安全与国债市场渐进式开放策略研究), with Dong Guo (China Development Bank), ¥200,000 funded by The National Social Science Fund of China, grant number: 21BGJ074.
- 2018-2023, Prudential monetary policy in a double pillar regulation framework (双支柱调控框架下货币政策与宏观审慎政策协调机制研究), with Jianqiang Li (People's Bank of China), ¥200,000 funded by The National Social Science Fund of China, grant number: 18BJY237.
- 2020-2021, Yield curve of government bonds as the benchmarks of policy rates (基准策略：国债收益率曲线作为存贷款利率基准可行性研究), with Dong Guo (China Development Bank), ¥30,000 funded by Renmin University of China.
- 2020-2021, New strategies and standards of green bonds: the rise of blue bonds (将“构建海洋命运共同体”理念纳入中债绿色金融标准的策略研究：基于蓝色债券视角), with Dong Guo (China Development Bank), ¥30,000 funded by Renmin University of China.
- 2018-2021, Optimal Fiscal Policy in China (最优财政支出规模与结构的理论分析及基于中国数据的实证研究), with Dr Xiaodong Chen (XJTU), ¥200,000 funded by The National Social Science Fund of China, grant number: 18BJL031.
- 2018-2021, Technical Progress and Job Creation and Income Inequality (技术进步对岗位创造、收入不平等的影响：基于职位数据和DSGE的分析与预测), with Qiang Wu (UIBE), ¥100,000 funded by The Ministry of Education of China, grant number: 19YJA790089.
- 2018-2021, Public Service and Economic Development (公共服务均等化对武陵山片区经济发展的影响机制与实证研究), with Li Dai (Hunan University), ¥40,000 funded by The Natural Science Fund of Hunan Province, grant number: 2018JJ2067.
For more information, please go to my website.
Teaching
Teaching commitments
- BS1547 Introduction to Economics (2016-now)
- BS2549 Macroeconomic Theory (2016-now)
- BS2547 British Economy (2023-now)
- BST179 Numerical Methods (2014-15)
- BST264 Empirical Finance (2015-16)
Based on my teaching practice in the last decade, I have developed the "Nonlinear Teaching Approach" (published in Education Sciences, 2024) for lectures and "Semi-Structured Discussion" for seminars. For more information, please go to my website.
Biography
Education
- PhD Economics, Cardiff University, UK
- MSc Economics and Finance, University of York, UK
- BA Philosophy & BSc Economics (Dual), Peking University (北京大学), China
Qualification
- WSET Level 2 Award in Wines and Spirits.
- The Higher Education Academy, PgC in Teaching in Higher Education.
Membership
- The Royal Economic Society.
- The European Economic Association.
- The American Economic Association.
Honours and awards
- The Innovation in Learning and Teaching Award, Cardiff Business School.
- Chinese Government Award for Outstanding Self-Financed Students Abroad.
- Overseas Research Students (ORS) Awards Scheme, HEFCW.
- Julian Hodge Macroeconomic Study Bursary, Julian Hodge Bank, UK.
Professional memberships
- WSET Level 2 Award in Wines and Spirit Tasting
- Fellowship of The Higher Education Academy (via PgC THE)
- Membership of The American Economic Association
- Membership of The European Economic Association
- Membership of The Royal Economic Society
Academic positions
- Lecturer in Economics and Finance, Cardiff Metropolitan University.
Speaking engagements
- 28.06.2023: BBC on economic growth in China.
- 20.05.2021: All-Party Parliamentary Group on language investment and trade.
- 08.07.2019: ITV on regional growth and closure of Ford factory in Bridgend.
- 22.02.2015: The House of Parliament on language investment and trade in the UK.
Committees and reviewing
- Referee for the ESRC research fund applications, Reginal Studies, Energy Economics, Journal of Population Economics, Oxford Economic Papers, Journal of Financial Markets Institutions and Money, Socio-Economic Planning Sciences, Applied Economics, Economic Modelling, etc.
Supervisions
- Economic Growth
- Business Cycles
- Financial Economics
Current supervision
Contact Details
ZhouP1@cardiff.ac.uk
+44 29206 88778
Aberconway Building, Room D47, Colum Road, Cathays, Cardiff, CF10 3EU
+44 29206 88778
Aberconway Building, Room D47, Colum Road, Cathays, Cardiff, CF10 3EU
Research themes
Specialisms
- Applied economics
- Macroeconomics
- Innovation management
- Sustainability
- Banking, finance and investment