Civil Conflict and Cross-Border Lending: A Sectoral, Micro Lender-Level Analysis of Syndicated Loans

Chengchun Li; Yun Luo; Glauco De Vita

doi:10.1080/10242694.2023.2205311

Civil Conflict and Cross-Border Lending: A Sectoral, Micro Lender-Level Analysis of Syndicated Loans

Chengchun Li, Yun Luo, Glauco De Vita

Research Centre for Business in Society

Research output: Contribution to journal › Article › peer-review

Abstract

This study examines empirically the impact of civil conflict on cross-border lending. Our sample covers 165 countries over the period 1984-2019 with loan data disaggregated at the economic sectoral level (primary, secondary and tertiary sectors), an analysis that is absent in existing literature. Our results indicate that cross-border lending to the primary sector is not significantly influenced by civil conflict, whereas cross-border lending to secondary and tertiary sectors is negatively impacted by the outbreak of civil conflict, leading to a decreased volume of loans or reversals of existing loans.

Original language	English
Article number	GDPE 2205311
Pages (from-to)	(In-Press)
Number of pages	26
Journal	Defence and Peace Economics
Volume	(In-Press)
Early online date	24 Apr 2023
DOIs	https://doi.org/10.1080/10242694.2023.2205311
Publication status	E-pub ahead of print - 24 Apr 2023

Keywords

Cross-border lending
Civil conflict
Economic sectors
Syndicated loans
Volume of loans

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1080/10242694.2023.2205311

Cite this

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title = "Civil Conflict and Cross-Border Lending: A Sectoral, Micro Lender-Level Analysis of Syndicated Loans",

abstract = "This study examines empirically the impact of civil conflict on cross-border lending. Our sample covers 165 countries over the period 1984-2019 with loan data disaggregated at the economic sectoral level (primary, secondary and tertiary sectors), an analysis that is absent in existing literature. Our results indicate that cross-border lending to the primary sector is not significantly influenced by civil conflict, whereas cross-border lending to secondary and tertiary sectors is negatively impacted by the outbreak of civil conflict, leading to a decreased volume of loans or reversals of existing loans.",

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AU - Li, Chengchun

AU - Luo, Yun

AU - De Vita, Glauco

PY - 2023/4/24

Y1 - 2023/4/24

N2 - This study examines empirically the impact of civil conflict on cross-border lending. Our sample covers 165 countries over the period 1984-2019 with loan data disaggregated at the economic sectoral level (primary, secondary and tertiary sectors), an analysis that is absent in existing literature. Our results indicate that cross-border lending to the primary sector is not significantly influenced by civil conflict, whereas cross-border lending to secondary and tertiary sectors is negatively impacted by the outbreak of civil conflict, leading to a decreased volume of loans or reversals of existing loans.

AB - This study examines empirically the impact of civil conflict on cross-border lending. Our sample covers 165 countries over the period 1984-2019 with loan data disaggregated at the economic sectoral level (primary, secondary and tertiary sectors), an analysis that is absent in existing literature. Our results indicate that cross-border lending to the primary sector is not significantly influenced by civil conflict, whereas cross-border lending to secondary and tertiary sectors is negatively impacted by the outbreak of civil conflict, leading to a decreased volume of loans or reversals of existing loans.

KW - Cross-border lending

KW - Civil conflict

KW - Economic sectors

KW - Syndicated loans

KW - Volume of loans

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DO - 10.1080/10242694.2023.2205311

M3 - Article

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VL - (In-Press)

SP - (In-Press)

JO - Defence and Peace Economics

JF - Defence and Peace Economics

M1 - GDPE 2205311

ER -

Civil Conflict and Cross-Border Lending: A Sectoral, Micro Lender-Level Analysis of Syndicated Loans

Abstract

Keywords

UN SDGs

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