利率市场化、外部环境与银行信贷配置和风险——基于40家城市商业银行的实证检验与分析

发布时间：2018-03-08 15:55

本文选题：利率市场化　切入点：外部环境　出处：《当代经济管理》2017年08期 　论文类型：期刊论文

【摘要】：基于40家城市商业银行2008~2014年度数据构建非平衡面板,研究了利率市场化与银行信贷配置和风险之间的关系效应,并分析了外部环境对利率市场化与银行信贷配置和风险关系的影响。实证结果表明:利率市场化会抑制城商行的信贷配置效率,且将加剧其破产风险。同时,信贷配置在利率市场化对城商行风险的影响中起到了部分中介作用。此外,外部环境因素中较好区域环境和经济形势以及引入境外投资者少量持股能够在利率市场化进程中提高城商行的信贷配置能力并降低其破产风险;而激烈的市场竞争则会放大利率市场化对城商行信贷配置效率的抑制作用和对其破产风险的加剧效应。所以,监管部门应在利率市场化进程中稳定外部环境,从而降低利率风险对银行的冲击。
[Abstract]:Based on the data of 40 city commercial banks in 2008 and 2014, the non-equilibrium panel is constructed to study the effect of interest rate marketization on the relationship between interest rate marketization and bank credit allocation and risk. The empirical results show that the marketization of interest rate will restrain the efficiency of credit allocation and aggravate the risk of bankruptcy. Credit allocation plays an intermediary role in the influence of interest rate marketization on the risk of city commercial banks. Among the external environmental factors, the better regional environment and economic situation, and the introduction of a small amount of foreign investors holding shares in the interest rate marketization process can improve the ability of city commercial bank credit allocation and reduce its bankruptcy risk; The fierce market competition will amplify the inhibition effect of interest rate marketization on the credit allocation efficiency of city commercial banks and the aggravating effect on its bankruptcy risk. Therefore, the supervision department should stabilize the external environment in the process of interest rate marketization. So as to reduce the impact of interest rate risk on banks.
【作者单位】：安徽大学商学院;
【基金】：国家社会科学基金项目《利率市场化背景下商业银行系统性风险诱发及传染机制研究》(16BGL051)阶段性研究成果
【分类号】：F832.33;F832.4;F832.5

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