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Dr Dongna Zhang

Assistant Professor

Department: Newcastle Business School

I hold a Ph.D. in Economics from the University of York, UK. My research interests and expertise spanning financial economics, energy economics, macro-finance, empirical asset pricing, and corporate finance. I am dedicated to investigating various aspects of financial economics, including firm investment, intangibles, and the incorporation of Environmental, Social, and Governance (ESG) factors in investment decisions. With a strong quantitative background, I employ rigorous empirical analysis to examine market behavior, asset pricing dynamics, and the relationships between financial variables and real-world phenomena. My research findings have shed light on key issues such as the UK under-investment puzzle, climate risk, green finance, and industrial strategy, offering policy implications that can shape effective strategies and approaches.

Dongna Zhang

My research encompasses a diverse range of areas, including financial economics, energy economics, macro-finance, empirical asset pricing, and corporate finance. Through my research endeavors, I have contributed to understanding the intricacies of the UK under-investment puzzle and has offered valuable policy implications pertaining to industrial strategy. By exploring these multifaceted fields, I aim to deepen our understanding of financial dynamics, energy markets, and economic systems, ultimately providing insights that can inform strategic decision-making, policy formulation, and sustainable economic growth. 

  • Please visit the Pure Research Information Portal for further information
  • Do weather conditions drive China's carbon-coal-electricity markets systemic risk? A multi-timescale analysis, Zhao, Y., Dai, X., Zhang, D., Wang, Q., Cao, Y. 1 Jan 2023, In: Finance Research Letters
  • Impacts of weather conditions on the US commodity markets systemic interdependence across multi-timescales, Zhang, D., Dai, X., Wang, Q., Lau, C. 1 Jul 2023, In: Energy Economics
  • Implications of cryptocurrency energy usage on climate change, Zhang, D., Chen, X., Lau, C., Xu, B. 1 Feb 2023, In: Technological Forecasting and Social Change
  • Multiobjective portfolio optimization: Forecasting and evaluation under investment horizon heterogeneity, Dai, X., Zhang, D., Lau, C., Wang, Q. 6 Jul 2023, In: Journal of Forecasting
  • Support Policies for Small Businesses During the Covid-19 Crisis: Evidence from Club Convergence Clustering Approach, Lau, C., Zhang, D., Gozgor, G. 5 Jul 2023, In: Emerging Markets Finance and Trade
  • The causal relationship between green finance and geopolitical risk: Implications for environmental management, Zhang, D., Chen, X., Lau, C., Cai, Y. 1 Feb 2023, In: Journal of Environmental Management
  • Macroeconomic outcomes of OPEC and non-OPEC oil supply shocks in the euro area, Cai, Y., Zhang, D., Chang, T., Lee, C. 1 May 2022, In: Energy Economics
  • Sovereign ESG and corporate investment: New insights from the United Kingdom, Zhang, D., Zhao, Z., Lau, C. 1 Oct 2022, In: Technological Forecasting and Social Change
  • Testing the Club Convergence Dynamics of the COVID-19 Vaccination Rates Across the OECD Countries, Xu, W., Lau, C., Zhang, D., Oke, O. 6 May 2022, In: Frontiers in Public Health
  • Intangibles and the UK under-investment puzzle: Evidence from firm-level panel data, Zhang, D. 1 Sep 2020, In: Economics Letters

Babar Ahmad Start Date: 01/10/2023

Economics PhD


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