所有权性质、商业信用与信贷资源配置效率

发布时间：2018-03-22 06:29

本文选题：所有权性质　切入点：商业信用　出处：《经济管理》2010年08期 　论文类型：期刊论文

【摘要】：商业信用的再分配理论认为,易于获得银行信用的企业会将这些信用以商业信用的形式再分配给难以获得银行信用的下游企业。本文以2004～2007年中国工业企业数据库为样本,检验国有企业和私有企业的信用再分配功能,结果发现,尽管国有企业获得的银行信用显著多于私有企业,但提供的商业信用净额却显著少于私有企业。而且,国有企业获得的银行信用与提供的商业信用不相关,而私有企业获得的银行信用与提供的商业信用显著正相关。这些结果说明,国有企业获得更多的银行信用但并没有发挥信用再分配功能,而私有企业尽管只获得少量的银行信用却较好地发挥了信用再分配功能。这些结果意味着,如果银行体系适当增加对私有企业的信用配置,同时减少对国有企业的信用配置,可以充分发挥私有企业的信用再分配功能,提高银行体系的资源配置效率。
[Abstract]:According to the theory of redistribution of commercial credit, enterprises that are easy to obtain bank credit will redistribute these credit to downstream enterprises which are difficult to obtain bank credit. This paper takes China Industrial Enterprise Database from 2004 to 2007 as a sample. After examining the credit redistribution function of state-owned and private enterprises, it was found that, although state-owned enterprises obtained significantly more bank credit than private enterprises, they provided significantly less net commercial credit than private enterprises. The bank credit obtained by the state-owned enterprise is not related to the commercial credit provided, while the bank credit obtained by the private enterprise is significantly positively correlated with the commercial credit provided. State-owned enterprises gain more bank credit but do not perform credit redistribution function, while private enterprises do better credit redistribution function, although they obtain only a small amount of bank credit. If the banking system increases the credit allocation to the private enterprises and reduces the credit allocation to the state-owned enterprises, it can give full play to the credit redistribution function of the private enterprises and improve the resource allocation efficiency of the banking system.
【作者单位】：武汉大学经济与管理学院;
【基金】：国家自然科学基金项目“信贷歧视、商业信用与企业融资行为研究”(70602013),国家自然科学基金项目“政府官员的政绩动机、企业高管的政治背景与国有企业过度投资研究”(70972090),国家自然科学基金项目“集团化运营、银行贷款与资金配置效率”(70902052)
【分类号】：F832.4

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