Selected Publications:
Zhao J., Vardanyan M., Shen Z., (2025). Optimizing University Restructuring for Targeted Knowledge Output: A Preliminary Evaluation of Chinese University Mergers Incorporating Preferences, European Journal of Operational Research, forthcoming.
Xu S., Zhu Q., Shen Z., Vardanyan M., Pan Y., (2025). Detecting Two-Dimensional Projection-Efficient Units in Data Envelopment Analysis under Big Data Scenarios, European Journal of Operational Research, forthcoming.
Liu D., You J., Vardanyan M., Shen Z., (2025). Assessing the Impact of China's Broadband Village Pilot Project on the Consumption Patterns of Rural Households, Journal of Agricultural Economics, forthcoming.
Shen Z., Boussemart J.-P., Vardanyan M., Zhang Y., (2025). Shadow pricing of carbon emissions from agriculture using spatially adaptive reference sets, European Review of Agricultural Economics, forthcoming.
Li L., Boussemart J.-P., Shen Z., Vardanyan M., (2025). Assessing the Potential of Digital Technology: An Integrated Measurement of Economic, Environmental, and Social Performance, Annals of Operations Research, forthcoming.
Mu Y., Boussemart J.-P., Shen Z., Vardanyan M., (2025). Sustainable supply chains with socially undesirable and intermediate outputs: evidence from Chinese agricultural cities, Annals of Operations Research, forthcoming.
Shen Z., Li J., Vardanyan M., Wang B., (2022). Nonparametric shadow pricing of non-performing loans: a study of the Chinese banking sector, Annals of Operations Research, forthcoming.
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Shen Z., Kerstens K., Baležentis T., (2025). An Environmental Luenberger-Hicks-Moorsteen Total Factor Productivity Indicator: Empirical Analysis Considering Undesirable Outputs either as Inputs or Outputs, and Attention for Infeasibilities, Annals of Operations Research, 347 (1) 241-263.
Zhou W., Shen Z., Vardanyan M., Song M., (2025). Assessing energy transition using exponential production technology under different convexity assumptions, Energy Economics, 146, 108434.
Shen Z., Ferrier G. D., Streimikiene D., Balezentis T., (2025). Data Envelopment Analysis Models for Identifying Bottlenecks in Hospital Operations Through Partial Productivity Measures, IEEE Transactions on Engineering Management, 72, 558-572.
Li G., Shen Z., Song M., Vardanyan M., (2025). The role of economic land use efficiency in promoting green industrial development: evidence from China, Annals of Operations Research, 347, 87-112.
Shen Z., Kerstens K., Baležentis T., (2025). An Environmental Luenberger-Hicks-Moorsteen Total Factor Productivity Indicator: Empirical Analysis Considering Undesirable Outputs either as Inputs or Outputs, and Attention for Infeasibilities, Annals of Operations Research, 347(1), 241-263.
Baležentis T., Kerstens K., Shen Z., (2024). Economic and Environmental Decomposition of Luenberger-Hicks-Moorsteen Total Factor Productivity Indicator: Empirical Analysis of Chinese Textile Firms with a Focus on Reporting Infeasibilities and Questioning Convexity, IEEE Transactions on Engineering Management, 71, 2772-2785.
Cheng W., Ouyang X., Yu A., Shen Z., Vardanyan M., (2024). Subjective Perceptions versus Objective Outcomes: Assessing the Impact of Smart City Pilots on Environmental Quality in China, Technological Forecasting and Social Change, 209, 123799.
Song M., Pan H., Shen Z., Tamayo K., (2024). Assessing the influence of artificial intelligence on the energy efficiency for sustainable ecological products value, Energy Economics, 131, 107392.
Dong K., Jiang Q., Liu Y., Shen Z., Vardanyan M., (2024). Is energy aid allocated fairly? A global energy vulnerability perspective, World Development, 173, 106409.
Zhang Z., Du J., Shen Z., El Asraoui H., Song M., (2024). Effects of modern agricultural demonstration zones on cropland utilization efficiency: An empirical study based on county pilot, Journal of Environmental Management, 349, 119530.
Niu Y., Boussemart J.-P., Shen Z., Vardanyan M., (2024). Performance evaluation using multi-stage production frameworks: assessing the tradeoffs among the economic, environmental, and social well-being, European Journal of Operational Research, 318 (3) 1000-1013.
Du J., Gu H., Shen Z., Song M., Vardanyan M., (2024). Assessing Regional Energy Security Characteristics: Evidence from Chinese Province-Level Data, Energy Economics, 140, 107964.
Fan W., Zhu C., Fu L., Jabbour C., Shen Z., Song M., (2024). Role of land use in China’s urban energy consumption: based on a deep clustering network and decomposition analysis, Annals of Operations Research, 339, 835-859.
Li X., Wang R., Shen Z., Song M., (2024). Government environmental signals, government–Enterprise collusion and corporate pollution transfer, Energy Economics, 139, 107935.
Song M., Pan H., Vardanyan M., Shen Z., (2023). Evaluating the energy efficiency-enhancing potential of the digital economy: Evidence from China, Journal of Environmental Management, 344, 118408.
Di D., Li G., Shen Z., Song M., Vardanyan M., (2023). Environmental credit constraints and pollution reduction: Evidence from China’s blacklisting system for environmental fraud, Ecological Economics, 210, 107870.
Shen Z., Balezentis T., (2023). Devising evidence-based strategies for progress towards zero-carbon energy at the country level: The by-production approach, Journal of Environmental Management, 340, 117974.
Du J., Shen Z., Song M., Vardanyan M., (2023). The role of green financing in facilitating renewable energy transition in China: perspectives from energy governance, environmental regulation, and market reforms, Energy Economics, 120, 106595.
An Q., Zhu K., Xiong B., Shen Z., (2023). Carbon resource reallocation with emission quota in carbon emission trading system, Journal of Environmental Management, 327, 116837.
Chen J., Li Y., Xu Y., Vardanyan M., Shen Z., Song M., (2023). The impact of fiscal technology expenditures on innovation drive and carbon emissions in China, Technological Forecasting and Social Change, 193, 122631.
Du J., Shen Z., Song M., Zhang L., (2023). Nexus between Digital Transformation and Energy Technology Innovation: An Empirical Test of A-Share Listed Enterprises, Energy Economics, 120, 106572.
Song M., Zhou W., Upadhyay A., Shen Z., (2023). Evaluating hospital performance with plant capacity utilization and machine learning, Journal of Business Research, 159(1), 113687.
Xin Y., Song H., Shen Z., Wang J., (2023). Measurement of the integration level between the digital economy and industry and its impact on energy consumption, Energy Economics, 126, 106988.
Song M., Zheng H., Shen Z., Chen B., (2023). How financial technology affects energy transformation in China, Technological Forecasting and Social Change, 188, 122259.
Pan X., Wang Y., Zhang C., Shen Z., Song M., (2023). The impact of platform economy on enterprise value mediated by technological innovation, Journal of Business Research, 165(3), 114051.
Zhu Q., Chen X., Song M., Li X., Shen Z., (2022). Impacts of renewable electricity standard and Renewable Energy Certificates on renewable energy investments and carbon emissions, Journal of Environmental Management, 306, 1-9.
Shen Z., Valdmanis V., (2022). Assessing Total Factor Productivity across Africa: An Empirical Investigation, Journal of Productivity Analysis, 58(2-3), 239–253.
Wang Z., Song Y., Shen Z., (2022). Global sustainability of carbon shadow pricing: the distance between observed and optimal abatement costs, Energy Economics, 110 (106038) 1-13.
Liu S., Chen X., Shen Z., Baležentis T., (2022). Industrial energy consumption and pollutant emissions: Combined decomposition of relative performance and absolute changes, Business Strategy and the Environment, 31(7), 3454-3469.
Shen Z., Baležentis T., Streimikis J., (2022). Capacity Utilization and Energy-related GHG Emission in the European Agriculture: A Data Envelopment Analysis Approach, Journal of Environmental Management, 318 (115517) 1-12.
Cai J., Chen Y., Hu R., Wu M., Shen Z., (2022). Discovering the Impact of Farmer Field Schools on the Adoption of Environment-Friendly Technology, Technological Forecasting and Social Change, 182 (121782) 1-8.
Song M., Xu H., Shen Z., Pan X., (2022). Energy market integration and renewable energy development: Evidence from the European Union countries, Journal of Environmental Management, 317 (2022) 115464.
Shen Z., Wang S., Boussemart J.-P., Hao Y., (2022). Digital transition and green growth in Chinese agriculture, Technological Forecasting and Social Change, 181 (2022) 121742.
Han J., Li G., Shen Z., Song M., Zhao X., (2022). Manufacturing transfer and environmental efficiency: Evidence from the spatial agglomeration of manufacturing in China, Journal of Environmental Management, 314 (115039) 1-12.
Shen Z., Wu H., Bai K., Hao Y., (2022). Integrating economic, environmental and societal performance within the productivity measurement, Technological Forecasting and Social Change, 176 (121463) 1-15.
Chen B., Xu C., Wu Y., Li Z., Song M., Shen Z., (2022). Spatiotemporal carbon emissions across the spectrum of Chinese cities: Insights from socioeconomic characteristics and ecological capacity, Journal of Environmental Management, 306 (114510) 1-13.
Kerstens K., Shen Z., (2021). Using COVID-19 Mortality to Select Among Hospital Plant Capacity Models: An Exploratory Empirical Application to Hubei Province, Technological Forecasting and Social Change, 166, 120535.
Balezentis T., Blancard S., Shen Z., Streimikiene D., (2021). Analysis of Environmental Total Factor Productivity Evolution in European Agricultural Sector, Decision Sciences, 52 (2) 483-511.
Boussemart J.-P., Ferrier G., Leleu H., Shen Z., (2020). An Expanded Decomposition of the Luenberger Productivity Indicator with an Application to the Chinese Healthcare Sector, OMEGA, 91, 102010.
Song M., Wang J., Zhao J., Baležentis T., Shen Z., (2020). Production and safety efficiency evaluation in Chinese coal mines: accident deaths as undesirable output, Annals of Operations Research, 291, 827–845.
Boussemart J.-P., Leleu H., Shen Z., Valdmanis V., (2020). Performance analysis for three pillars of sustainability, Journal of Productivity Analysis, 53(3), 305-320.
Shen Z., Valdmanis V., (2020). Identifying the contribution to hospital performance among Chinese regions by an aggregate directional distance function, Health Care Management Science, 23(1), 142–152.
Shen Z., Baležentis T., Ferrier G., (2019). Agricultural productivity evolution in China: A generalized decomposition of the Luenberger-Hicks-Moorsteen productivity indicator, China Economic Review, 57 (101315) 1-19.
Boussemart J.-P., Leleu H., Shen Z., Vardanyan M., Zhu Ning, (2019). Decomposing banking performance into economic and credit risk efficiencies, European Journal of Operational Research, 277(2), 719-726.
Kerstens K., Van de Woestyne I. , Shen Z., (2018). Comparing Luenberger and Luenberger-Hicks-Moorsteen Productivity Indicators: How Well is Total Factor Productivity Approximated?, International Journal of Production Economics, 195, 311-318.
Shen Z., Baležentis T., Chen X., Valdmanis V., (2018). Green growth and structural change in Chinese agricultural sector during 1997–2014, China Economic Review, 51, 83-96.
Boussemart J.-P., Leleu H., Shen Z., (2017). Worldwide carbon shadow prices during 1990–2011, Energy Policy, 109 (2017) 288-296.
Shen Z., Boussemart J.-P., Leleu H., (2017). Aggregate green productivity growth in OECD's countries, International Journal of Production Economics, 189, 30-39.
Boussemart J.-P., Leleu H., Shen Z., (2015). Environmental Growth Convergence among Chinese Regions, China Economic Review, 34 1-18.
Working papers: updating
Book chapters: updating
See details in https://www.researchgate.net/profile/Zhiyang_Shen