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Financial deepening and income inequality: Is there any financial Kuznets curve in China? The political economy analysis

China Economic Journal, 2015
The interconnectedness of financial deepening and income inequality has been a highly controversial discussion which has not been concluded despite many empirical and theoretical studies up to date. One of the basic building blocks for many research designs is the reliance upon the Kuznets inverted U- shaped curve which postulates that in the first ...
Kristijan Kotarski
exaly   +4 more sources

The financial Kuznets curve of energy consumption: Global evidence

Energy Policy, 2023
Nadia Doytch   +2 more
exaly   +2 more sources

Testing the moderating role of financial development in an environmental Kuznets curve: Empirical evidence from Turkey

Renewable and Sustainable Energy Reviews, 2017
Employing second-generation econometric procedures that consider multiple structural breaks in the series this article examines Turkey as a case study in the investigation of the moderating role of financial development in a conventional environmental Kuznets curve (EKC).
Salih Katircioğlu, Nigar Taşpınar
exaly   +2 more sources

Financial innovation, environmental degradation, and environmental Kuznets curve trends in China

Environmental Science and Pollution Research, 2023
This study examines the environmental Kuznets curve (EKC) theory and its possible relevance in the context of China and the complex and one-of-a-kind interaction between financial innovation, environmental deterioration, and China. China's fast industrialization and consequent economic expansion have been accompanied by significant environmental ...
openaire   +2 more sources

FINANCIAL SECTOR DEVELOPMENT AND INEQUALITY: IS THERE A FINANCIAL KUZNETS CURVE?

Journal of International Development, 2012
AbstractThe existing empirical knowledge in the area of financial sector development and income inequality finds evidence for the theoretical work which posits a simple, linear relationship between the two variables. In this article, we subject the extant empirical knowledge to close scrutiny and point out to a potential dynamic and endogenous ...
openaire   +1 more source

Financial Sector Development and Income Inequality: Is There a Financial Kuznets Curve?

SSRN Electronic Journal, 2010
The existing empirical knowledge in the area of financial sector development and income inequality finds evidence for the theoretical work of Banerjee and Newman (1993) and Galor and Zeira (1993) who posit a simple, linear relationship between the two variables. In this paper, we subject the extant empirical knowledge to close scrutiny and point out to
openaire   +1 more source

Environmental Kuznets Curve and financial development in Turkey: evidence from augmented ARDL approach

Environmental Science and Pollution Research, 2021
This study examines the effect of economic growth and financial development on CO2 emissions in Turkey in the period of 1965-2018 within the framework of the Environmental Kuznets Curve (EKC) hypothesis. In this context, augment ARDL cointegration and Fourier Toda-Yamamoto causality tests were used.
openaire   +2 more sources

Money supply and carbon procyclicality under the financial Kuznets curve

Journal of Economic Studies
Purpose The persistent procyclicality of CO2 emissions poses a significant challenge to achieving sustainable development goals, as it undermines efforts to decouple economic progress from environmental deterioration.
Amad Rashid   +2 more
openaire   +1 more source

Financial development and its moderating role in environmental Kuznets curve: evidence from Pakistan

Environmental Science and Pollution Research, 2019
The nexus among real income, energy consumption, financial development, and carbon emission has broadly conferred area in energy and environmental literature. However, there is no study in the literature which investigates the moderating role of financial development between real income, energy consumption, and CO2 emission in Pakistan.
null Shujah-ur-Rahman   +3 more
openaire   +2 more sources

Assessment of Energy Disparity and Financial Development Nexus in Environmental Kuznets Curve Framework

2020
The primary concern of this research work is to explore the non-linear link between energy disparity and financial development in the light of EKC framework for Asia. An Entropy approach is used to quantify the energy disparities. It infers that East and Central Asia have highest, and lowest mean total energy disparity in Asia respectively. The results
Yang Li   +3 more
openaire   +1 more source

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