Credit - inequality nexus: the role of natural resources

• Autorzy: Magwedere Margaret Rutendo

Identyfikatory

DOI

10.34659/eis.2023.86.3.646

Warianty tytułu

PL

Powiązanie kredytów i nierówności: rola zasobów naturalnych

• Języki publikacji: EN

Abstrakty

EN

This article offers a contribution to the understanding of the links between credit, inequality and natural resources, using panel data from 2002 to 2021 for 31 countries. A system-generalised method of moments was employed to determine the dynamic relationship between the variables of the study. The findings of the study suggest inequality and natural resources have a negative and significant relationship with credit. Higher inequality levels and natural resources rents are associated with a lower ratio of private credit to gross domestic product. The study offers an insight into the three pillars of sustainability, namely economic, social and environmental. It is essential for policymakers to integrate environmental factors such as natural resources in the relationships between inequality and the financial sector.

PL

Niniejszy artykuł stanowi wkład w zrozumienie powiązań między kredytami, nie-równościami i zasobami naturalnymi, wykorzystując dane panelowe z lat 2002-2021 dla 31 krajów. Zastosowano uogólnioną metodę momentów w celu określenia dynamicznej relacji między zmiennymi badania. Wyniki badania sugerują, że nierówności i zasoby naturalne mają negatywny i znaczący związek z kredytem. Wyższe poziomy nierówności i renty z zasobów naturalnych wiążą się z niższym stosunkiem kredytów prywatnych do produktu krajowego brutto. Badanie oferuje wgląd w trzy filary zrównoważonego rozwoju, a mianowicie gospodarczy, społeczny i środowiskowy. Istotne jest, aby decydenci polityczni uwzględnili czynniki środowiskowe, takie jak zasoby naturalne, w relacjach między nierównościami a sektorem finansowym.

Słowa kluczowe

EN

credit; inequality; natural resources; mobility; panel data

PL

kredyt; nierówności; zasoby naturalne; mobilność; dane panelowe

• Wydawca: Polskie Stowarzyszenie Ekonomistów Środowiska i Zasobów Naturalnych
• Czasopismo: Economics and Environment
• Rocznik: 2023
• Tom: No. 3
• Strony: 508--526
• Opis fizyczny: Bibliogr. 76 poz., tab.

Twórcy

autor

Magwedere Margaret Rutendo

• Department of Finance, Risk Management and Banking, School of Economics and Financial Sciences, College of Economics and Management Sciences, University of South Africa, 1 Preller Steet, Muckleneuk 0002, Pretoria, South Africa

• https://orcid.org/0000-0001-7197-3924

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Uwagi

Opracowanie rekordu ze środków MNiSW, umowa nr SONP/SP/546092/2022 w ramach programu "Społeczna odpowiedzialność nauki" - moduł: Popularyzacja nauki i promocja sportu (2024).