Climate change and credit risk in rural financial institutions: A study based on transition risk

被引：1
|
作者：
Wang, Jiaji [1 ]
Ma, Qianting [2 ]
Wang, Chao [2 ]
Sheng, Tianxiang [2 ]
机构：
[1] Beijing Normal Univ, Sch Econ & Resource Management, Beijing, Peoples R China
[2] Nanjing Agr Univ, Coll Finance, Nanjing, Peoples R China
来源：
MANAGERIAL AND DECISION ECONOMICS | 2024年 / 45卷 / 06期
基金：
中国国家自然科学基金;
关键词：
MONETARY-POLICY; EMISSIONS EVIDENCE; NATURAL DISASTERS; IMPACT; TEMPERATURE; CHALLENGES; INSURANCE; GROWTH; COSTS; BANKS;
D O I：
10.1002/mde.4248
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This study empirically investigates the impact of climate change on credit risks in rural financial institutions, emphasizing transition risk. We analyzed data from 202 rural financial institutions across, China spanning 2012 to 2020. The empirical findings reveal the following: Firstly, climate change exerts an inverted U-shaped influence on credit risks in rural financial institutions. Secondly, the inverted U-shaped relationship is influenced by both the level of digital development and uncertainty in climate policy. Lastly, heightened levels of digital development and increased uncertainty about climate policy can mitigate the negative effects of climate change.
引用
收藏
页码：4208 / 4226
页数：19
相关论文
共 50 条
  • [1] The impact of climate change on credit risk of rural financial institutions: A threshold effect based on agricultural insurance
    Ma, Qianting
    Zhou, Yueshu
    Wang, Jiaji
    [J]. NORTH AMERICAN JOURNAL OF ECONOMICS AND FINANCE, 2024, 71
  • [2] Climate transition risk of financial institutions: measurement and response
    Yang, Sitong
    Li, Shouwei
    Pan, Zhilei
    [J]. APPLIED ECONOMICS LETTERS, 2023, 30 (17) : 2439 - 2449
  • [3] Climate Change Shocks and Credit Risk of Financial Institutions: Evidence from China's Commercial Banks
    Liu, Xiaohan
    Liu, Jianmin
    Hao, Yu
    [J]. EMERGING MARKETS FINANCE AND TRADE, 2024, 60 (07) : 1392 - 1406
  • [4] Climate change and credit risk
    Capasso, Giusy
    Gianfrate, Gianfranco
    Spinelli, Marco
    [J]. JOURNAL OF CLEANER PRODUCTION, 2020, 266
  • [5] Review of credit risk and credit scoring models based on computing paradigms in financial institutions
    Sharma, Deepika
    Vashistha, Ashutosh
    Gupta, Manoj Kumar
    [J]. JOURNAL OF CREDIT RISK, 2021, 17 (03): : 63 - 77
  • [6] A multicriteria approach for rating the credit risk of financial institutions
    Baourakis, G.
    Conisescu, M.
    van Dijk, G.
    Pardalos, P. M.
    Zopounidis, C.
    [J]. COMPUTATIONAL MANAGEMENT SCIENCE, 2009, 6 (03) : 347 - 356
  • [7] Information System for the Measurement of Credit Risk in Financial Institutions
    Guzman Aguilar, Diana
    Montes Gomez, Luis Fernando
    Bedoya Londono, David Alberto
    Adrian Zuluaica, Camilo
    [J]. 2019 14TH IBERIAN CONFERENCE ON INFORMATION SYSTEMS AND TECHNOLOGIES (CISTI), 2019,
  • [8] Credit risk constraint mechanisms in rural financial reform
    Huang Yan Wang Yantao(School of Business
    [J]. Journal of Southeast University(English Edition), 2008, (S1) : 71 - 76
  • [9] The analysis of credit risk and countermeasure to rural financial institutes
    Shi Chenghua
    [J]. TIRMDCM 2007: PROCEEDINGS OF THE FIRST INTERNATIONAL CONFERENCE ON TECHNOLOGY INNOVATION, RISK MANAGEMENT AND SUPPLY CHAIN MANAGEMENT, VOLS 1 AND 2, 2007, : 293 - 297
  • [10] Credit risk constraint mechanisms in rural financial reform
    Huang Yan Wang YantaoSchool of Business Shantou University Shantou China
    [J]. Journal of Southeast University(English Edition)., 2008, (English Edition) - 76
12345