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DOI10.1016/j.najef.2024.102086
The impact of climate change on credit risk of rural financial institutions: A threshold effect based on agricultural insurance
发表日期2024
ISSN1062-9408
EISSN1879-0860
起始页码71
卷号71
英文摘要Climate change affects the stability of the rural financial system. This paper uses the multi-agent model to deduce the impact mechanism of climate change on the credit risk of rural financial institutions, and conducts a series of empirical tests. The results show that: (i) climate change has an adverse impact on the credit risk of rural financial institutions. (ii) agricultural insurance shows a threshold effect in the process of climate change affecting the credit risk of rural financial institutions. (iii) high-level agricultural insurance can mitigate the adverse impact of climate change on the credit risk of rural financial institutions. It reveals that the agricultural insurance is a crucial policy for taking precautions.
英文关键词Rural financial institutions; Credit risk; Climate change; Agricultural insurance; Threshold effect
语种英语
WOS研究方向Business & Economics
WOS类目Business, Finance ; Economics
WOS记录号WOS:001175698900001
来源期刊NORTH AMERICAN JOURNAL OF ECONOMICS AND FINANCE
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/285572
作者单位Nanjing Agricultural University
推荐引用方式
GB/T 7714
. The impact of climate change on credit risk of rural financial institutions: A threshold effect based on agricultural insurance[J],2024,71.
APA (2024).The impact of climate change on credit risk of rural financial institutions: A threshold effect based on agricultural insurance.NORTH AMERICAN JOURNAL OF ECONOMICS AND FINANCE,71.
MLA "The impact of climate change on credit risk of rural financial institutions: A threshold effect based on agricultural insurance".NORTH AMERICAN JOURNAL OF ECONOMICS AND FINANCE 71(2024).
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