This study examines the effects of the coronavirus (COVID-19) epidemic on the performance of the banking sector. Our sample consists of 1,575 banks in 85 countries from 2020Q1 to 2021Q4. The findings demonstrate that the COVID-19 outbreak has significantly decreased bank performance.
View Article and Find Full Text PDFOver the last few years, global warming and rapid climate change have become major risk factors that pose a serious threat to global security. A key factor behind these risk factors is greenhouse gases, which emit mainly carbon dioxide (CO). The existing literature seeks to determine the economic and non-economic aspects of CO emissions to prevent environmental degradation.
View Article and Find Full Text PDFThe study examines the moderating role of institutional quality and technological innovation on the empirical relationship between FDI inflows and four indicator variables of COemissions in 40 Asian countries for the period 1996-2016, by using generalized method of moment (GMM) estimation. First, from non-interactive regression, FDI inflows have positive impacts on COemissions; over all, from our empirical results, we conclude that the moderating role of institutional quality and technological innovation is crucial in the nexus between FDI and carbon COemissions and the interaction between institutional quality indicators and FDI inflows significantly reduce the level of CO emissions. Furthermore, the significant moderating effect of technological innovation is observed on the association between FDI and CO emissions.
View Article and Find Full Text PDF