What does it take to grow out of recession? An error-correction approach towards growth convergence of European and transition countries

URL des Documents de travail : http://ces.univ-paris1.fr/cesdp/cesdp2016.htmlDocuments de travail du Centre d'Economie de la Sorbonne 2016.41 - ISSN : 1955-611XConsequences from the subsiding 2008 financial crisis on long-run economic growth are widely debated. Existing literature on previous recessions, such as Cerra and Saxena (2008), emphasizes the long-term loss inflicted on per capita GDP levels. This paper concentrates on typical business cycles in advanced European and transition countries and assumes that lower than normal growth during recessions is followed by a recovery period with above normal growth until the economy reaches its pre-crisis level. The objective is to assess the capacity to rebound, the speed of convergence towards a normal growth path as well as potential nonlinearities. Through exploiting the cointegration relationships among variables in long-run growth regressions and by employing a variety of panel error-correction models, results show a strong evidence of error-correction and different linear speed in the convergence process with the transition economies outpacing Western European countries. Our analysis is further extended into a Panel Smooth Transition Error-Correction Model (PSTR-ECM) to account for different regimes in convergence patterns according to a selection of transition variables. Whereas the velocity of convergence for European core countries exhibits a nonlinear pattern and differs with respect to price and flexibility, transition countries remain linear in their return to the growth trend. Ultimately, our results suggest that internal adjustments remain the key factors for both European and transition countries to recover from negative economic growth shocks

Homogenization of sound hard metamaterials in the time domain

International audienceWe present a homogenization method based on a matched asymptotic expansion technique for sound hard materials structured at subwavelength scale. Considering the wave equation in the time domain, jump conditions are derived for the acoustic pressure and the normal velocity across an equivalent interface with non zero thickness. These jump conditions are implemented in a numerical scheme and compared to the results of the direct problem

Automatic eduction and statistical analysis of coherent structures in the wall region of a confine plane

This paper describes a vortex detection algorithm used to expose and statistically characterize the coherent flow patterns observable in the velocity vector fields measured by Particle Image Velocimetry (PIV) in the impingement region of air curtains. The philosophy and the architecture of this algorithm are presented. Its strengths and weaknesses are discussed. The results of a parametrical analysis performed to assess the variability of the response of our algorithm to the 3 user-specified parameters in our eduction scheme are reviewed. The technique is illustrated in the case of a plane turbulent impinging twin-jet with an opening ratio of 10. The corresponding jet Reynolds number, based on the initial mean flow velocity U0 and the jet width e, is 14000. The results of a statistical analysis of the size, shape, spatial distribution and energetic content of the coherent eddy structures detected in the impingement region of this test flow are provided. Although many questions remain open, new insights into the way these structures might form, organize and evolve are given. Relevant results provide an original picture of the plane turbulent impinging jet

Evolution de la porosité interfaciale et écaillage induit par oxydation dans un système barrière thermique

International audienceL'exposé présente les premiers développements d'un modèle de prévision de la durée de vie (DDV) d'un système « barrière thermique », sous chargement thermique isotherme. Une base de données pertinente pour la mise au point de ce modèle a été constituée en réalisant des essais d'oxydation de différentes durées. La résistance à l'écaillage a été notamment étudiée par des essais de compression. Ceci a permis la quantification du dommage interfacial qui consiste en la germination, la croissance et la coalescence de cavités entre la sous-couche et l'oxyde. Un modèle traduisant l'évolution de ces cavités a été développé : nous montrons qu'il permet de retrouver les tendances observées expérimentalement et notamment l'indépendance de la déformation à l'écaillage en fonction de la taille des défauts vis-à-vis de la géométrie. À terme, on complétera ce modèle en introduisant l'évolution des contraintes dans le système barrière thermique et en simulant le flambage des décohésions interfaciales

Effect of nearest neighbor repulsion on the low frequency phase diagram of a quarter-filled Hubbard-Holstein chain

We have studied the influence of nearest-neighbor (NN) repulsion on the low frequency phase diagram of a quarter-filled Hubbard-Holstein chain. The NN repulsion term induces the apparition of two new long range ordered phases (one $4k_F$ CDW for positive $U_{eff} = U-2g^2/\omega$ and one $2k_F$ CDW for negative $U_{eff}$) that did not exist in the V=0 phase diagram. These results are put into perspective with the newly observed charge ordered phases in organic conductors and an interpretation of their origin in terms of electron-molecular vibration coupling is suggested.Comment: 10 pages, 10 figure

Fourier analysis of wave turbulence in a thin elastic plate

The spatio-temporal dynamics of the deformation of a vibrated plate is measured by a high speed Fourier transform profilometry technique. The space-time Fourier spectrum is analyzed. It displays a behavior consistent with the premises of the Weak Turbulence theory. A isotropic continuous spectrum of waves is excited with a non linear dispersion relation slightly shifted from the linear dispersion relation. The spectral width of the dispersion relation is also measured. The non linearity of this system is weak as expected from the theory. Finite size effects are discussed. Despite a qualitative agreement with the theory, a quantitative mismatch is observed which origin may be due to the dissipation that ultimately absorbs the energy flux of the Kolmogorov-Zakharov casade.Comment: accepted for publication in European Physical Journal B see http://www.epj.or

Quand l'information échappe à ses créateurs : le cas de l'artificialisation des terres agricoles en Languedoc-Roussillon

International audienceThis article aims to describe how the quantification of a phenomenon in relation to a specific worldview spreads and is distorted. This project has been supported by a regional public authority in Languedoc-Roussillon (France), and consisted in the production of information so to quantify and qualify the farmland decrease due to urban sprawl. The paper is based on Latour's actor-network theory; it characterizes the process of enrolment, and the development of dissidences. Identifying contradictory logics and dissidences help questioning the complexity of ‘closing the black-box' regarding information production and of sensemaking between heterogeneous actants involved in a supposed-to-be public debate.Cet article vise à spécifier comment la quantification d'un phénomène fondée sur une certaine vision du monde se propage et se déforme. Ce projet a été porté par une direction déconcentrée de l'Etat soucieuse de l'emprise croissante du bâti sur les terres agricoles en Languedoc-Roussillon. Le cadre théorique mobilisé, la sociologie de la traduction, permet d'identifier les grandes étapes d'intéressement, d'enrôlement, ainsi que le développement de controverses. Les difficultés rencontrées interrogent sur la complexité de clôture de processus innovants s'agissant de production d'information et de co-construction de sens associant des actants hétérogènes impliqués dans des procédures de débat public

Contact-free mapping of electronic transport phenomena of polar domains in SrMnO3 films

Under the terms of the Creative Commons Attribution license.-- et al.High-resolution mapping of electronic transport phenomena plays an increasingly important role for the characterization of ferroic domains and their functionality. At present, spatially resolved electronic transport data are commonly gained from local two-point measurements, collected in line-by-line scans with a conducting nanosized probe. Here, we introduce an innovative experimental approach based on low-energy electron microscopy. As a model case, we study polar domains of varying conductance in strained SrMnO3. By a direct comparison with conductive atomic force and electrostatic force microscopy, we reveal that the applied low-energy electron-microscopy experiment can be considered as an inverse I(V) measurement, providing access to the local electronic conductance with nanoscale resolution and short data-acquisition times in the order of 10-102 ms. Low-energy electrons thus hold yet unexplored application opportunities as a minimal-invasive probe for local electronic transport phenomena, opening a promising route towards spatially resolved, high-throughput sampling at the nanoscale.We thank HZB for the allocation of synchrotron beam time and we thankfully acknowledge financial support by HZB. Research at the ETH was financed in part by the SNF (Proposal No. 200021_149192). L. M., E. L., P. A. A., and J. A. P. acknowledge financial support from Ministerio de Economía y Competitividad under Project No. MAT2014-51982-C2 and Gobierno de Aragón under Project No. E26.Peer Reviewe