英文文献:The Effect of Finance on Inequality in Sub-Saharan Africa: Avoidable CO2 emissions Thresholds-金融对撒哈拉以南非洲不平等的影响:可避免的二氧化碳排放门槛
英文文献作者:Simplice A. Asongu,Xuan V. Vo
英文文献摘要:
There is a glaring concern of income inequality in the light of the post-2015 global development agenda of sustainable development goals (SDGs), especially for countries that are in the south of the Sahara. There are also concerns over the present and future consequences of environmental degradation on development outcomes in sub-Saharan Africa (SSA). This study provides carbon dioxide (CO2) emissions thresholds that should be avoided in the nexus between financial development and income inequality in a panel of 39 countries in SSA over the period 2004-2014. Quantile regressions are used as an empirical strategy. The following findings are established. Financial development unconditionally decreases income inequality with an increasing negative magnitude while the interactions between financial development and CO2 emissions have the opposite effect with an increasing positive magnitude. The underlying nexuses are significant exclusively in the median and top quantiles of the income inequality distribution. CO2 emission thresholds that should not be exceeded in order for financial development to continuously reduce income inequality are 0.222, 0.200 and 0.166 metric tons per capita for the median, 75th quantile and 90th quantile of the income inequality distribution, respectively. Policy implications are discussed with particular relevance to Sustainable Development Goals (SDGs).
在2015年后全球发展议程的可持续发展目标(SDGs)下,收入不平等问题备受关注,尤其是对撒哈拉以南国家而言。人们还关注环境退化对撒哈拉以南非洲地区发展结果的当前和未来后果。本研究提供了一个由39个SSA国家组成的专家组在2004-2014年期间在金融发展与收入不平等之间应避免的二氧化碳(CO2)排放阈值。分位数回归被用作一种经验策略。下面的发现是确定的。金融发展无条件地减少了收入不平等,且减少的幅度为负,而金融发展与CO2排放的交互作用则相反,且增加的幅度为正。基本的关联仅在收入不平等分布的中位数和最高分位数中显著。金融发展要持续减少收入不平等,不应超过的二氧化碳排放阈值分别为收入不平等分布中位数、75分位数和90分位数的人均0.222吨、0.200吨和0.166吨。讨论了与可持续发展目标(SDGs)特别相关的政策含义。


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