Efecto causal del sistema financiero privado en el deterioro ambiental: Evidencia empírica para 100 países agrupados por ingresos
DOI:
https://doi.org/10.54753/rve.v10i1.1296Resumen
El objetivo de la presente investigación es examinar el vínculo causal entre el sistema financiero privado y la huella ecológica. Se utilizaron datos de panel para 100 países para el periodo 1980 – 2017. Se empleó la técnica de cointegración de Westerlund (2007) y la prueba de causalidad de Dumitrescu & Hurlin (2012) para examinar la relación entre las variables. Los principales resultados indican que el sistema financiero privado aumenta la degradación ambiental a nivel global, en los países de ingresos medios altos y en los países de ingresos medios bajos. Así también, los resultados manifiestan que existe una relación de equilibrio a corto y largo plazo entre las variables. La prueba de causalidad indica que la huella ecológica y el sistema financiero privado, tienen una relación bidireccional. Esto es significativo a nivel global y en los países de ingresos altos. Por otra parte, existe una causalidad unidireccional del sistema financiero privado a la huella ecológica en los países de ingresos medios altos. Una posible implicación política derivada de la investigación, es que las instituciones financieras deberían centrarse en ofertar créditos con tasas preferenciales que motiven la inversión en proyectos amigables con el medio ambiente.Métricas
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