Research

My research interests lie in the areas of energy, natural environment and finance. Within these areas, my current research focus on carbon finance and environment-energy-growth nexus.

Recent Working Papers


"How do SRI funds go green? The influence of investment styles and experience of funds manager" with M. Mercadier, Y. Rannou and J. CHEN. [2023]

''How green are SRI labelled funds? Insights from a Machine Learning Based Clustering Approach'' with M. Mercadier and Y. Rannou. [2022].



Articles in Refereed Journals



‘’Investor Strategies in the Green Bond Market: The Influence of Liquidity Risks, Economic Factors and Clientele Effects'',  with Y. Rannou. International Review of Financial Analysis, 81, 102071, [2022].


"Microfinance et pauvreté : évidence empirique pour les quartiers périurbains de Lomé, Togo", with A. Laré, A. Lessoua,  D. Diaw and K.W Gomado. Revue d'économie du développement, 29, 79-116, [2021]. 

''Are Green Bond and carbon markets in Europe complements or Substitutes? Insights from the activity of the power firms'', with Y. Rannou and P. Barneto. Energy Economics, 104, 1056551, [2021]. 

"The impact of microfinance on energy access: A case study from peripheral districts of Lomé, Togo", with D. Diaw, A. Laré and A. Lessoua. Applied Economics, 4927-4951, [2020]. 

''Environment-Energy-Growth Nexus in Sub-Saharan Africa: the Role of Intermediate Goods'', with D. Diaw and A. Lessoua, International Economics, 156, 254-267, [2018].

''Agricultural Technologies and Carbon Dioxide Emissions: Evidence from Jordanian Economy'', with M. Ismael and F. Srouji. Environmental Science and Pollution Research, 25(11), 10867-10877, [2018].

''On the Economic Determinants of Biofuel Consumption: An Empirical Analysis for OECD Countries'', with N. Ahmad. International Journal of Global Energy Issues, 40(6), 400-418, [2017].

"Economic Growth and Renewable Energy in Iran", with JK. Shirazi, VM. Taghvaee and SA. Aloo. Iranian Economic Review, Issue 4, Autumn 2017, 789-808, [2017].

''Does European Primary Aluminum Sector is Exposed to Carbon Leakage? New Insights from Rolling Analysis'', with S. Lardic. Economics Bulletin, 37(1), 614-618, [2017].

''EU Emissions Trading Scheme, Competitiveness and Carbon Leakage: New Evidence from Cement and Steel industries'', with S. Lardic.  Annals of Operations Research, 225(1-2), S.I.: Energy And Climate Policy Modeling, 47-61, [2017].

''The Impact of Financial Development, Income, Energy and Trade on Carbon Emissions: Evidence from the Indian Economy''. Economic Modelling, 40, 33-41, [2014].

''Permit Price Dynamics in the U.S SO2 Trading Program: A Cointegration Approach'', with O. Beaumais and S. Lardic. Energy Economics, 34(2), 714-722, [2012].

''Dynamic Linkages among European Carbon Markets'', Economics Bulletin, 29(2), 513-525, [2009].

''Investigating Efficiency in the U.S Sulfur Dioxide Permit Market'', Economics Bulletin, 29(2), 1321-1332, [2009].

Book Chapters

"Green Bond market vs. Carbon market in Europe: Two different trajectories but some complementarities", with P. Barneto and Y. Rannou. In C. Zopounidis, C. Girard-Guerraud and K. Bouaiss (Eds).  Recent trends in Financial Engineering-Towards more Sustainable Social Impact, World Scientific, [2022].


Research Grants and Contracts

The Role of microfinance in Energy Access, call for proposals 2017, Labex MME-DII, 2017-2020.

How to Explain the Popularity of Green Bonds, call for proposals 2016, Labex MME-DII, 2016-2019.

Robert Solow Postdoctoral Fellowship / CARE, University of Rouen - Declined

Postdoctoral Fellowship / CERNA, Mines Paris Tech - Declined

Conferences and Seminars


ARSD: Annual Regional Sustainable Development Conference: Climate Change, Green Growth, and Regional Sustainable Developement, Ho-Chi-Minh-City, Vientnam, July 17-18, 2023.

 

DORIOT: 9ème journées George Doriot- Entrepreunriat et Société,  Montreal, Canada, July 5-7, 2023.


AFFI: 39th International Conference of the French Finance Association, Bordeaux (France) June 5-7, 2023. 


CFI: Clermont Financial Innovation Workshop - The Financial Industry and the crisis: The role of Innovation, ESC Clermont BS, Clermont-Ferrand (France), April 3, 2023.


SFA: the 2022 Southern Finance Association (SFA) Annual Meeting, Key West, Florida (USA), November 16 - 19, 2022. 


CINSC: the 1st CINSC Conference on International Finance; Sustainable and Climate Finance and Growth, June 12-14, 2022 Napoli (Italy).

 

FAERE: 12th FAERE Thematic Workshop, Climate Change Economics and Management, Linking Adaptation and Mitigation, April 21-22, 2022 ENS Paris-Saclay (France).


EAERE: 26th Annual Conference of the European Association of Environmental and Resource Economists, Berlin (Germany),

June 23-25, 2021 .


FMND: 5th International Workshop in Financial Markets and Nonlinear Dynamics, Paris (France), June 3-4, 2021.

 

AFFI: 37th Spring International Conference of the French Finance Association, Nantes (France), May 26-28, 2021 .


ISCEF: 6th International Symposium in Computational Economics and Finance, INSEEC, Paris, 29-31 October, 2020.

MAGELLAN: Lab seminar, Université Jean Moulin Lyon 3, June 18, 2020.

ClerMA: Lab seminar (FIRE), Groupe ESC Clermont, February 20, 2020.

EcoMod : International Conference on Economic Modeling and Data Science, University of the Azores, Portugal, July 10-12, 2019.

NIBES : Network of International Business and Economic Schools, Groupe ESC Clermont, Clermont, France, July 2-5, 2019.

EAERE : 24th Annual Conference of the European Association of Environmental and Resource Economists, University of Manchester, Manchester, UK, 26-29 June 2019.

LiRIS: Lab seminar, Axe 1 "Afrique: finance et globalisation", Université de Rennes 2, October 15, 2018.

ASRDLF: French Speaking Section - Regional Science Association International, Caen, France, July 4-6, 2018.

CRCGM: Lab seminar, Groupe ESC Clermont, Clermont, France, May 3, 2018.

MEQUA: Seconds Meetings on Economic and Quantitative Analysis: Sustainable Development Goals, Hammamet, Tunisia, March 10-11, 2016.

AFSE:  The 62nd Annual Meeting of French Economics Association, the Aix-Marseille School of Economics, Aix-en-Provence, France, June 24-28, 2013.

EcoMod: International Conference on Policy Modeling, University of Ottawa, Ottawa, Canada, June 24-26, 2009.

NCCR: National Centre of Competence in Research, Climate Conference on the International Dimensions of Climate Policies, University of Bern, Bern, Switzerland, January 21-23, 2009.

DIME: Dynamics of Institutions and Markets in Europe, International Conference GRETHA (UMR CNRS 5113), University of Bordeaux, France, September 11-13, 2008.

ERSA: the 48th Congress of the European Regional Science Association, University of Liverpool, Liverpool, UK, August 27–31, 2008.

AWEEE: the 3rd Atlantic Workshop on Energy and Environmental Economics: Climate Change Policies after 2012, Research Group in Economics, Business and the Environment (REDE), University of Vigo, Toxa, Spain, July 4-5, 2008.

AFSE: Thematic Meeting of the French Economic Association 2008: Frontiers in Environmental Economics and Natural Resources Management, Toulouse School of Economics, Toulouse, France, June 9-11, 2008.

Referee Reports for Journals

Energy Economics (4), Economics Bulletin (1), Economic Modelling (1), Environmental and Resource Economics (2), Environmental Modeling & Assessment (1), Energy Reports (1),  Environmental Science and Pollution Research (1), Open Journal of Business and Management (1), Sustainability (1),  Applied Energy (1),  Environmental Engineering and Management Journal (1), Environment Systems and Decisions (1), Emerging Markets Finance and Trade (1), Energies (1), Empirical Economics (1), Science of the Total Environment (1), Advances in Agricultural Science (1), Water (1), Carbon Management (1), Jahrbücher für Nationalökonomie und Statistik (1), Environmental pollution (1).