Frontiers in Environmental Science,
Journal Year:
2024,
Volume and Issue:
12
Published: May 28, 2024
Climate
change
has
become
a
critical
global
issue
and
challenge,
with
significant
implications
for
financial
enterprises
as
an
integral
part
of
economic
activities.
A
thorough
analysis
the
impact
climate
on
high-quality
development
is
great
importance
sustainability.
This
paper
first
conducts
in-depth
mathematical
intrinsic
mechanisms
through
which
affects
by
establishing
game
theory
model.
Secondly,
using
data
from
listed
companies
years
2000–2020,
econometric
model
constructed
to
empirically
examine
relationship
between
enterprises.
The
research
findings
demonstrate
that
significantly
inhibits
enterprises,
evidenced
robust
results
obtained
various
methods
such
truncation,
variable
substitution,
changes
in
sample
periods.
Furthermore,
this
study
addresses
endogeneity
regression
propensity
score
matching
(PSM),
instrumental
methods,
system
generalized
method
moments
(GMM).
Additionally,
impacts
technological
innovation.
Given
backdrop
change,
understanding
logic
discerning
channels
their
are
crucial.
provides
new
perspective
expands
frontier
enriching
theoretical
foundations
field.
Tourism Economics,
Journal Year:
2025,
Volume and Issue:
unknown
Published: Jan. 6, 2025
This
paper
aims
to
investigate
the
heterogeneous
effects
of
Southern
Oscillation
Index
(SOI)
on
tourism
Sector
International
Stock
Markets
under
varying
climate
conditions
and
time-frequency
using
Quantile-on-Quantile
Regression
(QQR)
method,
quantile
Granger-causality
test
Wavelet
Coherence
method.
The
study’s
findings
reveal
that:
(1)
Pacific
Rim
countries
exhibited
greater
sensitivity
SOI
fluctuations,
while
developed
markets
demonstrated
resilience;
(2)
revealed
a
strong
causal
relationship
between
indices,
particularly
during
periods
moderate
market
fluctuations
(at
0.25
0.75
quantiles);
(3)
since
2022,
has
intensified,
especially
in
mid-frequency
domain;
(4)
COVID-19
pandemic,
results
remained
robust,
suggesting
that
influence
extreme
persisted.
These
not
only
enhance
our
understanding
seasonal
phenomena
industries
different
but
also
provide
insights
for
market’s
adaptation
change.
Nature Communications,
Journal Year:
2023,
Volume and Issue:
14(1)
Published: Nov. 7, 2023
Climate
change
affects
price
fluctuations
in
the
carbon,
energy
and
metals
markets
through
physical
transition
risks.
risk
is
mainly
caused
by
extreme
weather,
natural
disasters
other
events
climate
change,
whereas
results
from
gradual
switchover
to
a
low-carbon
economy.
Given
that
connectedness
between
financial
may
be
affected
various
factors
such
as
economic
transformation,
understanding
different
roles
of
on
higher-moment
across
has
important
implications
for
investors
construct
portfolios
regulators
establish
regulation
system.
Here,
using
GJRSK
model,
time-frequency
framework
quantile-on-quantile
method,
we
show
asymmetric
effects
among
markets,
with
higher
impacts
upward
spillovers,
greater
downside
kurtosis
connectedness.
