IDEAS home Printed from https://ideas.repec.org/a/kap/ecopln/v58y2025i3d10.1007_s10644-025-09886-z.html
   My bibliography  Save this article

Financial inclusion and renewable energy in the face of extreme weather conditions: a CS-ARDL analysis of agricultural production in ASEAN-5

Author

Listed:
  • Shahzad Ali

    (Superior University Lahore)

  • Tahreem Ejaz

    (Superior University Lahore)

  • Ali Sajjad

    (The Superior University, Lahore)

  • Rimsha Fiaz

    (The Superior University, Lahore)

Abstract

Extreme weather conditions have gained popularity among researchers; thus, this study got the opportunity to examine the nexuses between extreme weather conditions, financial inclusion, and agricultural productivity in ASEAN-5 countries (Malaysia, Philippines, Thailand, Pakistan, and Indonesia) using panel data from 1972 to 2023. In this regard, cross-sectional dependence, cross-sectional dependence, cross-sectional augmented Im, Pesaran, and Shin, and cross-sectional augmented dickey–fuller unit root tests and the CS-ARDL approach are considered the most effective methods for assessing the data and testing the hypothesis. According to the result, human capital, financial inclusion, and ICT are significantly promoted, and weather conditions are inverse to agricultural productivity. Consequently, the study suggests that the ASEAN-5 nations should implement adaptable, effective, and efficient financial policies and use advanced technology related to finance and weather forecasting to improve agricultural productivity.

Suggested Citation

  • Shahzad Ali & Tahreem Ejaz & Ali Sajjad & Rimsha Fiaz, 2025. "Financial inclusion and renewable energy in the face of extreme weather conditions: a CS-ARDL analysis of agricultural production in ASEAN-5," Economic Change and Restructuring, Springer, vol. 58(3), pages 1-23, June.
    • Handle: RePEc:kap:ecopln:v:58:y:2025:i:3:d:10.1007_s10644-025-09886-z
    DOI: 10.1007/s10644-025-09886-z
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10644-025-09886-z
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s10644-025-09886-z?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Agriculture productivity; Extreme weather conditions; Renewable energy; Financial inclusion; ICT;
    All these keywords.

    JEL classification:

    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:ecopln:v:58:y:2025:i:3:d:10.1007_s10644-025-09886-z. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.