Christophe Schinckus - Academia.edu (original) (raw)

Papers by Christophe Schinckus

Journal of Writing in Creative Practice

This article exemplifies the concept of performance writing through an essay that falls at the cr... more This article exemplifies the concept of performance writing through an essay that falls at the crossover point between academic (Apollonian) and artistic (Dionysian) piece of work caricaturing rationalist conservatism. By using an unconventional approach coming from French literature (pataphysics), this article explores the hilarity of well-constructed rationalist conservatism by irrationalizing it through a rigorous absurdity and visual entities. Such writing experience leads the reader to a visual Oulipo-ian dialogue illustrating the tension that an extreme rationalism might generate between thinkers.

Tourism Analysis, 2022

This article investigates the drivers of outbound tourism. The originality of our approach is tha... more This article investigates the drivers of outbound tourism. The originality of our approach is that it integrates socioenvironmental aspects in the demand for international tourism. This study provides an empirical analysis for panel data of 82 economies from 2002 to 2016. Several estimates for panel data are applied. The results are robust and consistent. Beyond the classical economic drivers of tourism, socioeconomic factors, including urbanization, unemployment, vulnerable employment, and particularly aging population, are shown to play an important role in international tourism departures and international tourism expenditure. One of the notable findings is that environmental factors, including CO2 emissions (positive) and forest area (negative), have a significant effect on international tourism. The results also show a stronger influence of economic, social, and environmental determinants of outbound tourism in higher income economies in the period after 2008.

Review of Development Finance, 2020

Institutions are often presented as essential to complement the ineffective of market-based solut... more Institutions are often presented as essential to complement the ineffective of market-based solutions in dealing with fiscal deficits in recent decades. This study examines the influences of the control of corruption on fiscal deficits in 26 Asia Pacific economies from 2002 to 2015. By using the system-GMM estimators, the results are in threefold. First, a significant positive effect of the control of corruption on fiscal balance is confirmed suggesting that a better tracking of corruption can help governments to improve the fiscal balance. Second, the effects of corruption controlling are diminished in economies with a large government and high external debt inviting these countries to adjust the government size to improve their external debts. Third, the control of corruption has a significant positive effect during the pre-crisis while it has an insignificant positive influence after the crisis. Such finding invites policymakers to focus more on the corruption controlling during ...

The selection of an appropriate way to measure data has long challenged economists. Analogies ref... more The selection of an appropriate way to measure data has long challenged economists. Analogies referring to scientific methods, concepts, and theories coming from the hard sciences (especially chemistry and physics) have repeatedly been used in economics since its earliest days. Today, the ambition of all university economics departments is to offer a thorough-going education in the discipline that is as scientific as possible. In fact, this is what has led academic institutions to incorporate mathematics and statistics courses into their economics departments. This statistics-based character of economics has been well documented in the literature, since it has literally shaped the “scientificity” widely promoted in the field: statistics provide an empiricist foundation to economics. This paper aims to further explore the influence of physics, in particular, on economics, focusing on the recent advent of "econophysics." We contend that the emergence of this new sub-field sh...

Research Anthology on Recent Trends, Tools, and Implications of Computer Programming, 2021

Information systems are deeply linked to human activities. Unfortunately, development methodologi... more Information systems are deeply linked to human activities. Unfortunately, development methodologies have been traditionally inspired by programming concepts and not by organizational and human ones. This leads to ontological and semantic gaps between the systems and their environments. The adoption of agent orientation and multi-agent systems (MAS) helps to reduce these gaps by offering modeling tools based on organizational concepts (actors, agents, goals, objectives, responsibilities, social dependencies, etc.) as fundamentals to conceive systems through all the development process. Moreover, software development is becoming increasingly complex. Stakeholders' expectations are growing higher while the development agendas have to be as short as possible. Project managers, business analysts, and software developers need adequate processes and models to specify the organizational context, capture requirements, and build efficient and flexible systems.

Foundations of Science, 2021

For the last three decades, physicists have been moving beyond the boundaries of their discipline... more For the last three decades, physicists have been moving beyond the boundaries of their discipline, using their methods to study various problems usually instigated by economists. This trend labeled ‘econophysics’ can be seen as a hybrid area of knowledge that exists between economics and physics. Econophysics did not spring from nowhere—the existing literature agrees that econophysics emerged in the 1990s and historical studies on the field mainly deal with what happened during that decade. This article aims at investigating what happened before the 1990s by clarifying the epistemic background that might have paved the way to the emergence of econophysics. This historical exploration led me to highlight the active role played by the Santa Fe Institute by promoting interdisciplinary research on complexity in 1980s. Precisely, by defining three research themes on economic complexity, the SFI defined a research agenda and a way of extending physics\biology to economics. This article offers a possible archeology of econophysics to clarify what could have contributed to the development of a particular episteme in the 1980s easing the advent of econophysics in the 1990s.

Journal of Interdisciplinary Economics, 2020

Through a data-driven analysis, namely network analysis, we investigate the relationships between... more Through a data-driven analysis, namely network analysis, we investigate the relationships between all existing cryptocurrencies. Starting from the analysis of cryptocurrencies in 2013, we extend our study until July 2018 to study the interdependencies between 1636 cryptocurrencies. Our study shows that, although Bitcoin is the older and the most famous cryptocurrency, it does not appear as an influential asset on the virtual currency market. Our analysis also indicates a densification of the interconnections between virtual currencies, indicating that change of a single coin will likely influence many other coins. Interestingly, we also observe that the most influential cryptocurrencies for a year appear not to be influential the following year. Finally, cryptocurrencies tend to change their influence over time suggesting a short-term interdependence between them. JEL: G11, G12

Environment and Development Economics, 2020

Using the panel data of 89 economies from 1995–2012, this study examines the major drivers of agr... more Using the panel data of 89 economies from 1995–2012, this study examines the major drivers of agricultural emissions while considering affluence, energy intensity, agriculture value added and economic integration. We find long-run cointegration among the variables. Furthermore, our empirical results based on a dynamic fixed effects autoregressive distributed lag model show that the increases in income and economic integration – proxied by trade and foreign direct investment (FDI) – are the major contributors to higher greenhouse gas (GHG) emissions from agriculture in the short run. Additionally, the increases in income, agriculture value added and energy consumption are the major drivers of agricultural emissions in the long run. Notably, trade openness and FDI inflows have significantly negative effects on GHG emissions from agriculture in the long run. These results apply to methane and nitrous oxide emissions. The empirical findings vary across three subsamples of countries at d...

Review of Contemporary Philosophy, 2018

Theoretical Economics Letters, 2018

Recent years have witnessed a series of economic problems and financial crises, the recent subpri... more Recent years have witnessed a series of economic problems and financial crises, the recent subprime debacle being one of the worst. All these events called traditional economics into question and new perspectives have been developed to take into account the complexity of economic systems. This essay aims at contributing to a better understanding of a new trend labeled econophysics through two points: 1) a discussion on the conceptual links between statistical econophysics and agent-based econophysics; and 2) an overview of works dealing with these links that interestingly, emphasize the importance of econophysics in China.

SSRN Electronic Journal, 2018

This paper aims at analyzing the unexpected influence of Financial economics on Physics. The rise... more This paper aims at analyzing the unexpected influence of Financial economics on Physics. The rise of Econophysics, a fundamentally new approach in finance, suggests that the influence between the two disciplines becomes less unilateral than in the past. Methodological debates emerging in Econophysics led physicists to acknowledge that dealing with financial complex systems contributed to a wider modelling of their field. The approach of econophysicists suggests that physicists might try to conceptualize physical phenomena by integrating elements they faced with in Financial economics, and more generally in Economics. Surprisingly, many of econophysicists' argumentations have some methodological similarities with practices used in Financial economics. This paper analyzes the influence of Financial economics on Physics by discussing three examples: (i) out of equilibrium processes, (ii) signal detection and information filtering, and (iii) the role of information in complex systems. It investigates and illustrates what are the methodological changes generated by Econophysics that explain this new influence of finance on Physics. This paper sheds new light on the way finance and economics can improve physics modelling. With this purpose, this article is going one step further in the dialogue between econophysics and economics. Indeed, by investigating the reciprocal influence between the two fields, this methodological paper identifies some areas for a better cross-fertilisation between the fields.

Art and Perception, 2018

This essay is a double exemplification: the first is a visual one based on Goodman’s theory of sy... more This essay is a double exemplification: the first is a visual one based on Goodman’s theory of symbols showing that art can exemplify the delimitation of the flatness. I illustrate this claim with five achromatic paintings contrasting the materiality of the canvas with its visual elements. By emphasizing the epistemic nature of arts, this article also suggests a second exemplification: the use of visual elements to question their geometric associations.

Econophysics and Financial Economics, 2017

International Review of Financial Analysis, 2016

This article highlights the current misunderstanding between economists and econophysicists by ad... more This article highlights the current misunderstanding between economists and econophysicists by adopting the financial economists' viewpoint in order to explain why the works developed by econophysicists are not recognized in finance. Because both communities do not share the same scientific culture, and for the other reasons developed in the article, economists often consider econophysics as a strictly empirical field without theoretical justification. This paper shows the opposite; it also tries to facilitate the dialogue between econophysicists who often do not explain in details their theoretical roots and financial economists who are not familiar with statistical physics. Beyond this clarification, this paper also allows to identify what remains to be done for econophysicists to contribute significantly to financial economics: 1) development of a common framework\vocabulary in order to better compare and integrate the two approaches; 2) development of generative models explaining the emergence of power laws; and 3) development of statistical tests for the identification of such statistical regularities.

Revue d'économie financière, 2007

[eng] On the contemporary pluridisciplinarity in finance . In a first step, we present the conseq... more [eng] On the contemporary pluridisciplinarity in finance . In a first step, we present the consequences of the growing sophistication and « consumer oriented » dimension of the financial reality. We argue for this evolution tends to increase a symbolization process of finance. We introduce then the technological evolution of finance (essentially characterized by the growing computerization of finance) and its main consequences for the financial markets. In the last section, we present the epistemological consequences of this double evolution of the financial reality. We argue for this evolution allows a development of several theoretical frameworks that leads to a « pluridisciplinarity » in finance. According to us, this multiplication of theoretical frameworks can be in relation to the evolution of the financial reality. Therefore, this double evolution of the finance enhances two kinds of analysis : a finance with meaning based on the symbolic and/or the psychological dimension and a finance without meaning based on the ability to apply physical or computer models. . JEL classification : G19, G0, B41 [fre] Dans un premier temps, nous presentons les consequences d’une sophistication et d’une « dimension marketing » grandissantes de la realite financiere. Ces evolutions sont directement associees a un processus de symbolisation de la sphere financiere. Dans une seconde partie, l’informatisation, au sens large, de la realite financiere est abordee. Nous evoquons, par la suite, les principales consequences de cette evolution technologique. Enfin, nous terminons le present papier en presentant les consequences epistemologiques de cette double evolution de la realite financiere qui conduit, selon nous, a une pluridisciplinarite grandissante en finance des marches. Selon nous, la multiplication des cadres d’analyse theoriques en finance peut trouver un element d’explication dans l’evolution contemporaine de la sphere financiere qui favorise deux types d’analyses : une finance « avec signification » et une finance « sans signification ». . Classification JEL : G19, G0, B41

Quantum Interaction, 2014

Tracés, 2007

3 Dans le cadre de cet article, nous nous intéresserons principalement aux travaux que Putnam a p... more 3 Dans le cadre de cet article, nous nous intéresserons principalement aux travaux que Putnam a publiés avant 1999 (et plus précisément avant The Threefold Cord : Mind, Body and World), et pour cause : dans ses derniers écrits, dans lesquels il prétend avoir dépassé ...

Applied Economics Letters, 2015

This article investigates the influence of the US market on the herding behaviour on Chinese fina... more This article investigates the influence of the US market on the herding behaviour on Chinese financial market through an analysis of daily data from the Shanghai and Shenzhen stock exchange markets for the period 2006–2012. This period is very informative because the financial crisis that emerged on the US market quickly widespread at a global level and that specific situation can generate herding behaviour. Results confirm the influence of the US market on the Chinese stock markets, but they show there is no contagion effect between these two countries. These results can be partly explained by the difference in terms of market structure: China stock markets have a unique micro- and macro-structure within which the government can easily intervene in case of destabilizing situation while the US markets are mainly independent of government.

Applied Economics Letters, 2014

This paper will investigate herding behaviour in asymmetric (bearish versus bullish context) and ... more This paper will investigate herding behaviour in asymmetric (bearish versus bullish context) and extreme market conditions (characterized by significant changes in stock prices) through daily data from the Shanghai and Shenzhen stock exchange markets. Results show that a bullish context generates a herding behaviour for B-shares while a bearish situation rather favours a crowd movement for A-shares. Given that sophisticated investors are known to trade on B-shares, these results suggest that this category of actors is more likely to follow the trend when they face with a bullish context while they can reduce their herding behaviour in a bearish context by using technical/analytical tools allowing them not to follow the crowd behaviour.