我国信托业投入产出效率的影响因素分析——基于受限面板Tobit模型的实证

发布时间：2018-06-06 15:53

本文选题：信托业 + 投入产出效率　；参考：《求索》2016年08期

【摘要】：利用国内46家信托公司2007年1月至2015年12月数据,通过构建受限面板Tobit模型,对制约我国信托业投入产出效率的主要因素进行了分析与检验,研究结果表明:国内市场结构和行业整体盈利能力变化对信托业投入产出效率的影响最为显著,行业内部管理水平对信托业投入产出效率的影响较为显著;宏观经济环境和政策调整对信托业投入产出效率具有较强影响。在现阶段,受宏观经济景气程度下降和市场利率水平不断下调影响,信托业整体盈利能力受到制约,行业投入产出效率或将出现下滑,为此就需要加强行业内部经营管理,不断降低成本费用率水平,以便为信托业的稳定发展和效率的进一步改善创造条件。
[Abstract]:Based on the data of 46 trust companies in China from January 2007 to December 2015, this paper analyzes and tests the main factors that restrict the input-output efficiency of trust industry in China by constructing a limited panel Tobit model. The results show that the changes of domestic market structure and the overall profitability of the industry have the most significant influence on the input-output efficiency of the trust industry, and the level of internal management of the industry has a more significant impact on the input-output efficiency of the trust industry. Macroeconomic environment and policy adjustment have a strong impact on the trust industry input-output efficiency. At the present stage, the overall profitability of the trust industry is restricted by the decline in macroeconomic prosperity and the continuous lowering of market interest rates, and the input-output efficiency of the industry may decline. Therefore, it is necessary to strengthen the internal management of the industry. To reduce the cost rate level to create conditions for the steady development of trust industry and further improvement of efficiency.
【作者单位】：西安交通大学经济与金融学院;长安国际信托股份有限公司;
【分类号】：F832.49;F223

【相似文献】