{"id":"https://openalex.org/W3140282001","doi":"https://doi.org/10.1016/j.latcb.2021.100023","title":"Impact of extreme weather episodes on the Philippine banking sector \u2013 Evidence using branch-level supervisory data","display_name":"Impact of extreme weather episodes on the Philippine banking sector \u2013 Evidence using branch-level supervisory data","publication_year":2021,"publication_date":"2021-03-01","ids":{"openalex":"https://openalex.org/W3140282001","doi":"https://doi.org/10.1016/j.latcb.2021.100023","mag":"3140282001"},"language":"en","primary_location":{"id":"doi:10.1016/j.latcb.2021.100023","doi":"https://doi.org/10.1016/j.latcb.2021.100023","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.latcb.2021.100023","pdf_url":"https://www.sciencedirect.com/science/article/pii/S266614382100003X/pdf","source":{"id":"https://openalex.org/S4210214005","display_name":"Latin American Journal of Central Banking","issn_l":"2666-1438","issn":["2666-1438"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["cwts-core","doaj","norway-1"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Latin American Journal of Central Banking","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref","doaj"],"open_access":{"is_oa":true,"oa_status":"gold","oa_url":"https://www.sciencedirect.com/science/article/pii/S266614382100003X/pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5035298464","display_name":"Veronica B. Bayangos","orcid":"https://orcid.org/0009-0001-8507-6615","observed_orcids":["https://orcid.org/0009-0001-8507-6615"]},"institutions":[{"id":"https://openalex.org/I4405255096","display_name":"Bangko Sentral ng Pilipinas","ror":"https://ror.org/02m9sez84","country_code":"PH","type":"government","lineage":["https://openalex.org/I4405255096"]}],"countries":["PH"],"is_corresponding":true,"raw_author_name":"Veronica B. Bayangos","raw_affiliation_strings":["Bangko Sentral ng Pilipinas (BSP), Philippines"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Bangko Sentral ng Pilipinas (BSP), Philippines","institution_ids":["https://openalex.org/I4405255096"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5071375453","display_name":"Rafael Augusto D. Cachuela","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I4405255096","display_name":"Bangko Sentral ng Pilipinas","ror":"https://ror.org/02m9sez84","country_code":"PH","type":"government","lineage":["https://openalex.org/I4405255096"]}],"countries":["PH"],"is_corresponding":false,"raw_author_name":"Rafael Augusto D. Cachuela","raw_affiliation_strings":["Bangko Sentral ng Pilipinas (BSP), Philippines"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Bangko Sentral ng Pilipinas (BSP), Philippines","institution_ids":["https://openalex.org/I4405255096"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5066957617","display_name":"Fatima Lourdes E. Del Prado","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I4405255096","display_name":"Bangko Sentral ng Pilipinas","ror":"https://ror.org/02m9sez84","country_code":"PH","type":"government","lineage":["https://openalex.org/I4405255096"]}],"countries":["PH"],"is_corresponding":false,"raw_author_name":"Fatima Lourdes E. Del Prado","raw_affiliation_strings":["Bangko Sentral ng Pilipinas (BSP), Philippines"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Bangko Sentral ng Pilipinas (BSP), Philippines","institution_ids":["https://openalex.org/I4405255096"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5035298464"],"corresponding_institution_ids":["https://openalex.org/I4405255096"],"apc_list":{"value":1450,"currency":"USD","value_usd":1450},"apc_paid":{"value":1450,"currency":"USD","value_usd":1450},"fwci":1.3733,"has_fulltext":true,"cited_by_count":19,"citation_normalized_percentile":{"value":0.82335313,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":93,"max":99},"biblio":{"volume":"2","issue":"1","first_page":"100023","last_page":"100023"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.986299991607666,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.986299991607666,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14183","display_name":"Banking Sector Performance and Management","score":0.003100000089034438,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10747","display_name":"Disaster Management and Resilience","score":0.002199999988079071,"subfield":{"id":"https://openalex.org/subfields/3312","display_name":"Sociology and Political Science"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/extreme-weather-events","display_name":"extreme weather events","score":0.9269999861717224},{"id":"https://openalex.org/keywords/rainfall-damage","display_name":"rainfall damage","score":0.597000002861023},{"id":"https://openalex.org/keywords/banking","display_name":"banking sector","score":0.7229999899864197},{"id":"https://openalex.org/keywords/credit-growth","display_name":"credit growth","score":0.652999997138977},{"id":"https://openalex.org/keywords/loan-quality","display_name":"loan quality","score":0.8069999814033508},{"id":"https://openalex.org/keywords/non-performing-loans","display_name":"non-performing loans","score":0.9330000281333923},{"id":"https://openalex.org/keywords/deposit-liabilities","display_name":"deposit liabilities","score":0.6269999742507935},{"id":"https://openalex.org/keywords/bank-profitability","display_name":"bank profitability","score":0.9269999861717224},{"id":"https://openalex.org/keywords/small-banks","display_name":"small banks","score":0.49300000071525574},{"id":"https://openalex.org/keywords/rural-banks","display_name":"rural banks","score":0.5509999990463257},{"id":"https://openalex.org/keywords/cooperative-banks","display_name":"cooperative banks","score":0.8859999775886536},{"id":"https://openalex.org/keywords/universal-banking","display_name":"universal banks","score":0.6190000176429749},{"id":"https://openalex.org/keywords/commercial-banks","display_name":"commercial banks","score":0.906000018119812},{"id":"https://openalex.org/keywords/natural-disasters","display_name":"natural disasters","score":0.5260000228881836}],"concepts":[{"id":"https://openalex.org/C129361004","wikidata":"https://www.wikidata.org/wiki/Q2470236","display_name":"Profitability index","level":2,"score":0.6589745283126831},{"id":"https://openalex.org/C2777764128","wikidata":"https://www.wikidata.org/wiki/Q189539","display_name":"Loan","level":2,"score":0.6089016199111938},{"id":"https://openalex.org/C133029050","wikidata":"https://www.wikidata.org/wiki/Q385593","display_name":"Vector autoregression","level":2,"score":0.49496978521347046},{"id":"https://openalex.org/C6422946","wikidata":"https://www.wikidata.org/wiki/Q857354","display_name":"Panel data","level":2,"score":0.47179144620895386},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4569670557975769},{"id":"https://openalex.org/C71387314","wikidata":"https://www.wikidata.org/wiki/Q494128","display_name":"Non-performing loan","level":3,"score":0.4354126453399658},{"id":"https://openalex.org/C96250715","wikidata":"https://www.wikidata.org/wiki/Q965330","display_name":"Estimation","level":2,"score":0.424752414226532},{"id":"https://openalex.org/C166566181","wikidata":"https://www.wikidata.org/wiki/Q8065","display_name":"Natural disaster","level":2,"score":0.4241005480289459},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.34873154759407043},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.2767375111579895},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.2751447558403015},{"id":"https://openalex.org/C205649164","wikidata":"https://www.wikidata.org/wiki/Q1071","display_name":"Geography","level":0,"score":0.16396847367286682},{"id":"https://openalex.org/C153294291","wikidata":"https://www.wikidata.org/wiki/Q25261","display_name":"Meteorology","level":1,"score":0.07426175475120544},{"id":"https://openalex.org/C187736073","wikidata":"https://www.wikidata.org/wiki/Q2920921","display_name":"Management","level":1,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.1016/j.latcb.2021.100023","doi":"https://doi.org/10.1016/j.latcb.2021.100023","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.latcb.2021.100023","pdf_url":"https://www.sciencedirect.com/science/article/pii/S266614382100003X/pdf","source":{"id":"https://openalex.org/S4210214005","display_name":"Latin American Journal of Central Banking","issn_l":"2666-1438","issn":["2666-1438"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["cwts-core","doaj","norway-1"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Latin American Journal of Central Banking","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:eee:lajcba:v:2:y:2021:i:1:s266614382100003x","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S266614382100003X","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:doaj.org/article:f5057b8dbe72434cb2e705dc457bccfa","doi":null,"is_oa":true,"landing_page_url":"https://doaj.org/article/f5057b8dbe72434cb2e705dc457bccfa","pdf_url":null,"source":{"id":"https://openalex.org/S4306401280","display_name":"DOAJ (DOAJ: Directory of Open Access Journals)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-sa","license_id":"https://openalex.org/licenses/cc-by-sa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Latin American Journal of Central Banking, Vol 2, Iss 1, Pp 100023- (2021)","raw_type":"article"},{"id":"pmh:oai:econstor.eu:10419/336314","doi":null,"is_oa":true,"landing_page_url":"https://hdl.handle.net/10419/336314","pdf_url":null,"source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"doc-type:article"}],"best_oa_location":{"id":"doi:10.1016/j.latcb.2021.100023","doi":"https://doi.org/10.1016/j.latcb.2021.100023","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.latcb.2021.100023","pdf_url":"https://www.sciencedirect.com/science/article/pii/S266614382100003X/pdf","source":{"id":"https://openalex.org/S4210214005","display_name":"Latin American Journal of Central Banking","issn_l":"2666-1438","issn":["2666-1438"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["cwts-core","doaj","norway-1"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Latin American Journal of Central Banking","raw_type":"journal-article"},"sustainable_development_goals":[{"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8","score":0.48510000109672546},{"display_name":"Climate action","id":"https://metadata.un.org/sdg/13","score":0.4399999976158142}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W3140282001.pdf","grobid_xml":"https://content.openalex.org/works/W3140282001.grobid-xml"},"referenced_works_count":28,"referenced_works":["https://openalex.org/W2027693634","https://openalex.org/W2035069966","https://openalex.org/W2044622173","https://openalex.org/W2055732921","https://openalex.org/W2069954085","https://openalex.org/W2079965317","https://openalex.org/W2141282148","https://openalex.org/W2185204159","https://openalex.org/W2277228684","https://openalex.org/W2341563294","https://openalex.org/W2566038042","https://openalex.org/W2592478533","https://openalex.org/W2607037224","https://openalex.org/W2739987486","https://openalex.org/W2754101611","https://openalex.org/W2895108169","https://openalex.org/W2907294293","https://openalex.org/W2908597111","https://openalex.org/W2916088383","https://openalex.org/W2916254005","https://openalex.org/W2955985812","https://openalex.org/W2964438297","https://openalex.org/W2997764822","https://openalex.org/W3121149117","https://openalex.org/W3124686131","https://openalex.org/W3124835881","https://openalex.org/W3124969345","https://openalex.org/W4285719527"],"related_works":["https://openalex.org/W4414589986","https://openalex.org/W7218811572","https://openalex.org/W7128914349","https://openalex.org/W4388753578","https://openalex.org/W7165199739","https://openalex.org/W7141247363","https://openalex.org/W4387172499","https://openalex.org/W3197327483","https://openalex.org/W3128335174","https://openalex.org/W4391312601"],"abstract_inverted_index":{"There":[0],"is":[1,73],"growing":[2],"recognition":[3],"that":[4,13,31],"natural":[5],"disasters":[6],"and":[7,16,110,115,120,144,149,158,180,188],"severe":[8,32,141],"weather-related":[9],"events":[10,127],"pose":[11],"risks":[12],"can":[14],"potentially":[15],"unintentionally":[17],"affect":[18],"the":[19,23,39,64,82,92,162],"financial":[20,40],"performance":[21,41],"of":[22,42,97,103,147,156],"banking":[24,44,79],"system.":[25],"This":[26],"study":[27],"provides":[28],"further":[29],"indication":[30],"weather":[33,61],"conditions":[34],"have":[35],"an":[36],"impact":[37,165],"on":[38,58,77,166],"smaller":[43],"units.":[45],"The":[46],"paper":[47],"first":[48],"constructs":[49],"a":[50,104],"regional":[51,67],"quarterly":[52],"rainfall":[53,126,142],"damage":[54],"index":[55],"(RDI)":[56],"based":[57,76],"data":[59],"from":[60,70,81,128],"stations":[62],"across":[63,177],"country.":[65],"A":[66],"branch-level":[68,107],"database":[69],"supervisory":[71],"reports":[72],"then":[74],"compiled":[75],"11,000":[78],"units":[80],"Bangko":[83],"Sentral\u2019s":[84],"(BSP)":[85],"Branch":[86],"Regional":[87],"Information":[88],"System":[89],"(BRIS).":[90],"Using":[91],"dynamic":[93],"panel":[94,189],"generalized":[95],"method":[96],"moments":[98],"(GMM),":[99],"we":[100],"find":[101],"evidence":[102],"deterioration":[105],"in":[106,136],"loan":[108,111],"growth":[109],"quality":[112],"as":[113,152,154,185],"savings":[114],"time":[116],"deposit":[117],"liabilities":[118],"contract":[119],"nonperforming":[121],"loans":[122],"surge":[123],"following":[124],"extreme":[125],"2014":[129],"to":[130,140,145,169],"2018.":[131],"These":[132,173],"are":[133,175],"particularly":[134],"evident":[135],"regions":[137],"most":[138],"vulnerable":[139],"episodes":[143],"branches":[146],"universal":[148],"commercial":[150],"banks":[151],"well":[153],"those":[155],"rural":[157],"cooperative":[159],"banks.":[160],"However,":[161],"overall":[163],"negative":[164],"profitability":[167],"seems":[168],"eventually":[170],"taper":[171],"off.":[172],"findings":[174],"robust":[176],"different":[178],"specifications":[179],"alternative":[181],"estimation":[182],"methods":[183],"such":[184],"fixed":[186],"effects":[187],"vector":[190],"autoregression":[191],"estimations.":[192]},"counts_by_year":[{"year":2026,"cited_by_count":6},{"year":2025,"cited_by_count":6},{"year":2024,"cited_by_count":5},{"year":2023,"cited_by_count":2}],"updated_date":"2026-11-07T11:25:07.637180","created_date":"2021-04-13T00:00:00"}