Are microfinance institutions in South-East Asia pursuing objectives of greening the environment?
- 주제(키워드) Greenhouse gas , agriculture , sustainable development , microfinance institutions , South-East Asia
- 주제(기타) Economics
- 설명문(일반) [Mia, Md Aslam] Univ Malaya, Fac Econ & Adm, Dept Dev Studies, Kuala Lumpur, Malaysia; [Mia, Md Aslam] Univ Malaya, Fac Econ & Adm, CPDS, Kuala Lumpur, Malaysia; [Zhang, Miao] Univ Malaya, Inst China Studies, Kuala Lumpur, Malaysia; [Zhang, Cheng] Nanjing Univ Finance & Econ, Sch Accounting, Nanjing, Jiangsu, Peoples R China; [Kim, Yoomi] Seoul Natl Univ, SNUAC, Seoul, South Korea; [Kim, Yoomi] Ewha Womans Univ, Dept Publ Adm, 52 Ewhayeodae Gil, Seoul 03760, South Korea
- 등재 SSCI, SCOPUS
- 발행기관 ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
- 발행년도 2018
- URI http://www.dcollection.net/handler/ewha/000000151910
- 본문언어 영어
- Published As http://dx.doi.org/10.1080/13547860.2018.1442147
초록/요약
Microfinance institutions (MFIs) were initially established to alleviate extreme poverty by providing a wide array of customized financial products. However, today's MFIs' roles have been diversified into providing not only basic financial products but also a great variety of non-financial products, such as incentives and assistance to promote environment-friendly practices in the developing countries. By using an unbalanced panel data of 274 MFIs in South-East Asia from 2000 to 2014, this study investigated MFIs' contribution in greening the environment using the proxy of greenhouse gas (GHG) emissions from the agriculture sector. The regression results show that the main proxy variables: number of borrowers, number of loans outstanding and average loan over gross national income per capita have a negative effect on GHG emissions, and thus, creating a positive impact on greening our environment.
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