跨境资本流动对银行稳健性的影响:基于中国十大银行的实证研究

发布时间：2019-04-25 22:35

【摘要】：本文首先从理论上梳理、总结了跨境资本流动对银行稳健性的影响及其机理。接着采用2006年一季度至2014年一季度的数据,对中国十大银行的稳健性进行测度,测度结果表明,2006年至2012年中国十大银行的稳健性处于好转上升趋势,2013年转为下降态势,2014年一季度继续下降。进一步地,本文借助面板数据模型来计量分析中国跨境资本流动对十大银行稳健性程度的影响,结果表明:中国跨境资本净流动规模的上升很可能会降低我国银行稳健性。进而,本文进一步对跨境资本流动分解,计量研究不同类别跨境资本流动对银行稳健性的影响,发现直接投资和证券投资对我国银行稳健性影响并不显著,其它投资净流动规模的增加很可能会降低我国银行稳健性,监管部门应该重点关注和监测其它投资流动的变化。
[Abstract]:In this paper, the influence and mechanism of cross-border capital flow on bank robustness are summarized. Then using the data from the first quarter of 2006 to the first quarter of 2014 to measure the robustness of the top ten banks in China, the results show that the robustness of the ten largest banks in China from 2006 to 2012 was on the upturn and on the upward trend, and turned to a downward trend in 2013. It continued to decline in the first quarter of 2014. Furthermore, this paper uses panel data model to measure and analyze the impact of cross-border capital flows on the robustness of the top 10 banks in China. The results show that the increase of the scale of cross-border net capital flows in China will probably reduce the robustness of China's banks. Furthermore, this paper further decomposes cross-border capital flows and measures the impact of different types of cross-border capital flows on bank robustness. It is found that the impact of direct investment and securities investment on the robustness of banks in China is not significant. The increase of other net investment flows is likely to reduce the robustness of China's banks. Regulators should focus on and monitor changes in other investment flows.
【作者单位】：中国科学院大学经济与管理学院;中国科学院虚拟经济与数据科学研究中心;
【基金】：国家自然科学基金项目(71273257;71532013)
【分类号】：F832.3

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