防范和化解地方银行风险的两重维度:财政扩张冲击与贷款市场竞争

发布时间：2018-05-26 06:38

本文选题：防范和化解风险 + 财政扩张　；参考：《改革》2017年11期

【摘要】：政府干预市场竞争的方式不仅对宏观经济产生持续的影响,而且深刻地改变着银行业的经营格局。基于我国2008~2015年124家区域商业银行的样本,实证研究了财政扩张政策对银行风险的影响作用,并检验了区域市场竞争的传导效应。研究发现,银行风险显著受到了经济环境因素的影响,其中,财政扩张加剧了银行的信用风险和经营风险。区域市场竞争具有显著的传导效应,即财政扩张通过干预市场竞争,提高市场垄断程度,进而加剧信用风险。地方政府应在财政支出规划方面更为注重市场公平竞争原则,完善现代财政预算制度。
[Abstract]:The mode of government intervention in market competition not only has a sustained impact on the macro-economy, but also profoundly changes the management pattern of the banking industry. Based on the sample of 124 regional commercial banks in China in 2008~2015, this paper empirically studies the effect of the fiscal expansion policy on the bank risk, and examines the conduction effect of the regional market competition. It is found that the bank risk is significantly affected by the economic environment factors, among which the financial expansion aggravates the bank's credit risk and the management risk. The regional market competition has a significant conduction effect, that is, the financial expansion can increase the market monopoly and increase the credit risk by interfering with the market competition. The local government should be in the financial expenditure planning. We should pay more attention to the principle of fair competition in the market and improve the modern budget system.
【作者单位】：中国人民大学经济学院;中国人民大学中国特色社会主义经济建设协同创新中心;
【分类号】：F812;F832.4

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