地理多样化、气候风险和银行贷款：来自农业贷款的证据

IF 3.7 1区经济学 Q2 BUSINESS, FINANCE

Journal of Financial Intermediation Pub Date : 2025-05-26 DOI:10.1016/j.jfi.2025.101152

Emdad Islam , Mandeep Singh

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引用次数: 0

摘要

本研究考察了地理上多样化的银行如何调整贷款做法以应对异常高温（气候风险的代表），并发现在异常温度的标准差增加后，这些银行比地理上受限制的银行减少了2 - 3%的小农场贷款。地域多元化的银行通过优先考虑核心市场的信贷并将资金从高风险的非核心地区重新分配，从而在受影响的国家留下贷款缺口，展示了积极的投资组合风险管理。这些发现强调了地理多样化在为银行建立气候适应能力方面的重要性，同时减少了一个地区农民可获得的信贷总额。

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Geographic diversification, climate risk, and bank lending: Evidence from farm loans

This study examines how geographically diversified banks adjust lending practices in response to abnormal hot temperatures, a proxy for climate risk, and finds that these banks reduce small farm lending by 2–3 percent more than geographically constrained banks after a standard deviation increase in abnormal temperatures. Geographically diversified banks demonstrate proactive portfolio risk management by prioritizing credit in core markets and reallocating funds away from high-risk non-core regions, leaving lending gaps in affected counties. These findings highlight the importance of geographic diversification in building climate resiliency for banks while reducing the total credit available to farmers in a region.

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来源期刊

Journal of Financial Intermediation BUSINESS, FINANCE-

CiteScore

8.60

自引率

7.70%

发文量

期刊介绍： The Journal of Financial Intermediation seeks to publish research in the broad areas of financial intermediation, financial market structure, corporate finance, risk management, and valuation.