我国证券业产业组织结构与绩效的研究

发布时间：2018-05-06 03:26

本文选题：证券业 + 产业组织结构　；参考：《江西师范大学》2012年硕士论文

【摘要】：产业组织理论是从微观经济学中分化发展出来、并以微观经济学为理论基础的一门相对独立的应用性经济学科，它主要是运用微观经济理论来分析企业、市场和行业的相互关系。我国证券业在20多年的发展过程中形成了自身的特点，根据SCP的研究路线，本文首先研究证券业产业组织结构，主要分析证券业规模、进出壁垒、产品多样化、产业集中度。其中产业集中度主要研究绝对集中度与相对集中度，通过绝对集中度CR和相对集中度HHI得出我国证券业正处于中(下)集中寡占型市场中的结论，然后，，研究2006-2010年我国证券业绩效，其中选取32家证券公司作为样本集，得到以下结论： 1.创新型证券公司绩效高于规范类和待评审类证券公司。 2.证券公司总体技术效率、纯技术效率低下，规模报酬效率比较高。最后运用实证分析发现我国证券业产业组织结构的决定因素产业集中度的高低与证券业绩效的高低没有必然联系；证券业进出壁垒越高市场绩效越低，两者是反比例关系；证券公司的产品多样化有利于提高市场绩效。
[Abstract]:Industrial organization theory is a relatively independent applied economic discipline developed from microeconomics and based on microeconomics. It mainly uses microeconomic theory to analyze enterprises. The relationship between market and industry. China's securities industry has formed its own characteristics in the course of more than 20 years of development. According to the research route of SCP, this paper first studies the structure of the securities industry, mainly analyzes the scale of the securities industry, the barriers to entry and exit, the diversification of products, and the degree of industrial concentration. The industrial concentration mainly studies absolute concentration and relative concentration. Through absolute concentration CR and relative concentration HHI, we draw the conclusion that China's securities industry is in the middle (lower) concentrated oligopoly market, and then, This paper studies the performance of China's securities industry from 2006 to 2010, in which 32 securities companies are selected as sample sets, and the following conclusions are obtained: 1. The performance of innovative securities companies is higher than that of normative securities companies and securities companies to be reviewed. 2. The overall technical efficiency of securities companies, pure technical efficiency is low, scale reward efficiency is relatively high. Finally, it is found that there is no necessary relationship between the degree of industrial concentration and the performance of securities industry, the higher the barriers to entry and exit of the securities industry, the lower the market performance. The diversification of securities companies' products is conducive to improving market performance.
【学位授予单位】：江西师范大学
【学位级别】：硕士
【学位授予年份】：2012
【分类号】：F121.3;F832.51;F224

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