TYKHONENKO , Anna

Le but de cet article est de réévaluer l'hypothèse de convergence réelle pour l'Europe des Quinze à la lumière de l'économétrie des données de panel. Grâce aux estimateurs à retrécisseur nous montrons que, contrairement aux résultats empiriques standards, les Quinze ne convergent pas à la même vitesse. Les pays peuvent ainsi être classés en...

International audience

The European Integration of the Central Eastern Europe countries (CEECs) is still a challenging issue. Firstly, the disparities of the per capita revenue between the CEECs and EU-15 can blame the feasibility of an enlarged Europe with homogeneous growth. Secondly, the global economic crisis is actually impacting their growth rates. The...

International audience

The current financial crisis is likely to reduce investment in Research and Development (R&D). Yet endogenous growth models underline the importance of the technological capital in the growth process: the accumulation of knowledge through R&D activities is one of the factors of self-sustained growth because it generates positive external...

The aim of this paper is to examine the macroeconomic implications of remittances in MENA and Mediterranean countries. After a brief review of theoretical and empirical literature devoted to macroeconomic performance of remittances, we select the arguments that can be applied to this region and try to identify a significant relationship between...

This paper sought to examine the impact of policy-maker decisions on economic convergence in a period characterized by turbulence, uncertainty, and complexity, like the COVID-19 pandemic. Recognizing the critical need for structure in times, we used a Markov decision process. This framework has proven invaluable modeling for modeling making...

In this paper, we investigate the factors of external public indebtedness for Low-Income Countries (LICs) and, as a modeling technique, we employ the iterative Bayesian shrinkage procedure to handle the differences between countries in panel data. Some LICs have benefited from two debt relief programs, the Heavily Indebted Poor Countries (HIPC)...

This paper sought to examine the impact of policy-maker decisions on economic convergence in a period characterized by turbulence, uncertainty, and complexity, like the COVID-19 pandemic. Recognizing the critical need for structure in times, we used a Markov decision process. This framework has proven invaluable modeling for modeling making...

1Debt Relief: The Day After,Financing Low-Income CountriesGrégory Donnat* Anna Tykhonenko*Université Côte d'Azur, CNRS, GREDEG, France*Corresponding authors: gregory.donnat@univ-cotedazur.fr & anna.tykhonenko@univ-cotedazur.frAbstract:In this paper, we investigate the factors of external public indebtedness for Low-Income Countries (LICs) and,...

In this paper, we investigate the factors of external public indebtedness for Low-Income Countries (LICs) and, as a modeling technique, we employ the iterative Bayesian shrinkage procedure to handle the differences between countries in panel data. Some LICs have benefited from two debt relief programs, the Heavily Indebted Poor Countries (HIPC)...

International audience

International audience

Empirical studies on the trade-environment nexus that use panel data face two simultaneous challenges. One is associated with the potential presence of unobserved cross-country heterogeneity, while the other is due to the use of aggregate data. In this paper, we apply both the dynamic fixed effects and empirical iterative Bayes estimators to...

International audience

International audience

Designing appropriate environmental and energy policies, in order tomeet the Kyoto protocol's carbon dioxide (CO2) reduction targets in the European Union (EU), requires a detailed examination and thorough understanding of CO2 emission trends across the EU member states. This paper investigates whether CO2 emissions have converged across 22...

This paper aims to illustrate the impact of financial variables on the process of convergence between selected European Union countries and the Balkan countries. Following a delay in the realization of structural changes resulting from the historical legacy and circumstances in which the transition process took place, Balkan countries began...

Designing an efficient global climate policy turns out to be a difficult yet crucial task since there are noteworthy cross-country differences in energy and carbon intensities. In this article, the environmental Kuznets curve (EKC) hypothesis is tested for carbon dioxide (CO2) emissions, and as a modelling technique, the iterative Bayesian...

Much of the existing literature on the relationship between nuclear energy consumption and gross domestic product (GDP) deals only with the causal links between these two variables. However, very little attention has been paid to the structure and form of this relationship. This paper first uses panel cointegration techniques to illustrate the...

International audience

We study the impact of prudential supervision on domestic credit in 27 European countries throughout 1999-2012. We use the Empirical Iterative Bayes estimator to account for country heterogeneity. We find: (i) the interest rate not to be a fundamental variable in explaining domestic credit, (ii) negative relations between credit sensitivity to...

Empirical studies on the trade-environment nexus that use panel data face two simultaneous challenges. One is associated with the potential presence of unobserved cross-country heterogeneity, while the other is due to the use of aggregate data. In this paper, we apply both the dynamic fixed effects and iterative empirical Bayes estimators to...

This paper focuses solely on the energy consumption, carbon dioxide ( 2 CO ) emissions and economic growth nexus applying the iterative Bayesian shrinkage procedure. The environmental Kuznets curve (EKC) hypothesis is tested using this method for the first time in this literature and the results obtained suggest that: first, the EKC hypothesis...

Much of the existing literature on the relationship between nuclear energy consumption and gross domestic product (GDP) deals only with the causal links between these two variables. However, very little attention has been paid to the structure and form of this relationship. This paper first uses panel cointegration techniques to illustrate the...