利率市场化进程中我国商业银行效率研究

发布时间：2018-03-15 20:31

本文选题：银行效率　切入点：利率市场化　出处：《深圳大学》2017年硕士论文　论文类型：学位论文

【摘要】：2015年10月24日央行宣布不再对商业银行和农村合作金融机构设置存款利率浮动上限,这标志着历经几十年的利率市场化改革迈出关键一步,利率管制已基本放开。中国人民银行行长周小川就此表示“中国利率市场化已基本实现,无论是贷款还是存款利率管制都已取消,金融机构可以自主确立利率水平”。但这并不意味着利率改革已经完成,利率形成机制仍需不断磨合、逐渐完善,通过市场的检验,依旧存在着许多工作需要进行。那么在利率改革进入新阶段的当下,经营货币的银行在利率改革的进程中是否受到影响。受到何种影响。为促使商业银行平稳度改革期,充分发挥配置金融资源的能力,本文主要研究经营货币的商业银行在货币价格改革的进程中效率的变化。首先通过梳理文献和研读学科理论,定性分析利率市场化改革对商业银行效率的影响,从积极和消极两方面分别进行论述。其次定量研究商业银行效率在利率市场化进程中的变化和受到的影响。选择16家商业银行作为研究样本,提取2006年~2015年的相关数据进行研究,在选用DEA-Malmquist模型测算商业银行效率和层次分析法构建利率市场化指数的基础上,面板数据模型实证分析利率市场化对商业银行效率的影响程度和差异。最后,结合理论分析及实证结果,总结概括商业银行在利率市场化进程中效率的变化规律及原因,并给予针对性建议。本文得出以下结论:第一,在研究期间2006年至2015年,商业银行在利率市场化推动下效率普遍提高,其中对于股份制商业银行效率提高的促进作用强于国有商业银行,这可能是由于产权结构、机构规模和运营机制等多方因素造成国有商业银行未能对改革变化做出及时调整。第二,国有商业银行在2006年~2015年效率年均增长速度略高于股份制商业银行,这主要是因为在利率市场化进程中国有商业银行的技术进步率高于股份制银行。第三,GDP同比增长率、非利息收入占比和利润权益比对我国商业银行效率均形成积极效应,其中非利息收入占比对国有商业银行影响强于股份制商业银行。第四,资本充足率对国有商业银行和股份制商业银行影响截然相反,对国有商业银行效率提高起阻碍作用,而对于股份制商业银行效率提高起推动作用。第五,银行贷款比并未对商业银行效率产生影响。基于理论分析和实证结果归纳出国有商业银行和股份制商业银行受利率市场化的影响特点,并给出针对性建议。
[Abstract]:In October 24th 2015, the central bank announced that it would no longer set a ceiling on the floating rates of deposits for commercial banks and rural cooperative financial institutions, marking a crucial step in decades of market-oriented interest rate reform. The interest rate control has been basically liberalized. Zhou Xiaochuan, governor of the people's Bank of China, said in this connection that "China's interest rate liberalization has basically been realized, and both loan and deposit interest rate controls have been abolished." Financial institutions can set the level of interest rates on their own. "but this does not mean that the interest rate reform has been completed, and the interest rate formation mechanism still needs to be continuously run-in and gradually improved, passing the test of the market," he said. There is still a lot of work to be done. Well, at the moment when interest rate reform is entering a new phase, are the banks operating money affected in the process of interest rate reform? what is the impact. In order to promote the stability of commercial banks during the reform period, In order to give full play to the ability of allocating financial resources, this paper mainly studies the changes of efficiency of commercial banks operating money in the process of monetary price reform. Qualitative analysis of the impact of market-oriented interest rate reform on the efficiency of commercial banks, From the positive and negative aspects of the discussion. Secondly, the quantitative study of the efficiency of commercial banks in the interest rate marketization process and the impact of the changes. 16 commercial banks as the study sample, On the basis of extracting the relevant data from 2006 to 2015 and using DEA-Malmquist model to calculate the efficiency of commercial banks and the Analytic hierarchy process (AHP) to construct the interest rate marketization index. The panel data model empirically analyzes the influence and difference of interest rate marketization on the efficiency of commercial banks. Finally, combined with theoretical analysis and empirical results, it summarizes the law and reasons of the change of efficiency of commercial banks in the process of interest rate marketization. This paper draws the following conclusions: first, from 2006 to 2015, the efficiency of commercial banks is generally improved under the promotion of interest rate marketization. Among them, the promotion of the efficiency of joint-stock commercial banks is stronger than that of state-owned commercial banks, which may be due to the structure of property rights. Various factors, such as the size of the organization and the operation mechanism, have caused the state-owned commercial banks to fail to make timely adjustments to the reform changes. Second, the average annual efficiency growth rate of the state-owned commercial banks from 2006 to 2015 was slightly higher than that of the joint-stock commercial banks. This is mainly due to the fact that in the process of interest rate liberalization, the rate of technological progress of state-owned commercial banks is higher than that of joint-stock banks. Third, the growth rate of GDP, the proportion of non-interest income and the ratio of profit and equity have positive effects on the efficiency of commercial banks in China. The proportion of non-interest income to state-owned commercial banks is stronger than that of joint-stock commercial banks. In 4th, the capital adequacy ratio has an opposite effect on state-owned commercial banks and joint-stock commercial banks, which hinders the efficiency improvement of state-owned commercial banks. And promote the efficiency of joint-stock commercial banks. 5th, Based on the theoretical analysis and empirical results, this paper concludes the characteristics of state-owned commercial banks and joint-stock commercial banks affected by the marketization of interest rates, and gives some suggestions.
【学位授予单位】：深圳大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F832.33;F832.5

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