基于Panzar-Rosse模型的我国金融市场竞争程度研究

发布时间：2018-08-24 13:02

【摘要】：在国际化浪潮的推动下，国际金融集团日渐强大，传统的金融领域及金融产品之间的界限日渐模糊。国内学者探讨了我国金融业走与国际接轨的混业经营道路的可能性，认为银证保合作是现阶段我国金融业发展的必经之路。论文对我国金融市场的竞争程度的研究，对促进我国金融改革和创新的实践、制定合适的发展和监管政策和提高我国金融业的整体竞争力具有重要意义。论文从银证保合作的角度对我国金融业的竞争程度展开研究，首先对银证保合作的背景进行阐述，接着综述国内外金融市场竞争程度的研究现状，然后在研究产业组织学的竞争理论基础上选择PR模型作为研究方法，分析了PR模型在我国金融业的适用性，在考虑金融业的共性因素基础上构建出适用于我国金融业的PR模型，对银证保合作形成的金融总体市场、银证、银保和证保市场以及单个市场的竞争程度进行了实证检验。论文的实证结果显示：2004-2010年间，我国金融业总体为垄断竞争结构，垄断程度下降，竞争程度增大。除银证市场和证保市场在2003-2006年间为完全垄断市场外，银证市场、银保市场和证保市场基本呈现为垄断竞争结构。银行、证券和保险单个市场大体处于垄断竞争中，仅保险业在2007-2010年间呈现出垄断结构。总体市场的竞争程度主要由银证市场和银保市场决定，，且各市场之间存在相互制约的竞争关系。最后，文章结合实际对实证结果进行了合理的解释。
[Abstract]:Driven by the wave of internationalization, international financial groups become more and more powerful, and the boundaries between traditional financial fields and financial products become increasingly blurred. Domestic scholars have discussed the possibility of China's financial industry taking the road of mixed operation in line with international standards, and considered that the cooperation between bank, securities and insurance is the only way to develop our financial industry at the present stage. The research on the competition degree of our country's financial market is of great significance to promote the practice of our country's financial reform and innovation, to formulate appropriate development and supervision policies and to improve the overall competitiveness of our financial industry. This paper studies the competition degree of China's financial industry from the angle of the cooperation of bank, security and insurance. Firstly, it expounds the background of the cooperation, and then summarizes the current situation of the research on the degree of competition in domestic and foreign financial markets. Then, on the basis of studying the competition theory of industrial organization, we choose PR model as the research method, analyze the applicability of PR model in China's financial industry, and construct the PR model suitable for our financial industry on the basis of considering the common factors of financial industry. The paper makes an empirical test on the competition degree of the overall financial market, the banking market, the bank insurance market and the security market, as well as the single market. The empirical results show that from 2004 to 2010, the financial industry of our country is a monopoly competition structure, the monopoly degree decreases and the competition degree increases. In addition to the total monopoly of the silver market and the security market in 2003-2006, the silver market, the banking market and the security market basically present the structure of monopoly competition. Banks, securities and insurance policy markets are largely in monopoly competition, with only the insurance industry showing a monopoly structure between 2007 and 2010. The competition degree of the overall market is mainly determined by the banking market and the bank insurance market, and there is a mutually restricted competition relationship among the markets. Finally, the article carries on the reasonable explanation to the demonstration result combining the actual situation.
【学位授予单位】：合肥工业大学
【学位级别】：硕士
【学位授予年份】：2012
【分类号】：F224;F832.5

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