我国城市商业银行放松规制效果研究

发布时间：2018-01-01 06:21

本文关键词：我国城市商业银行放松规制效果研究　出处：《天津财经大学》2016年博士论文　论文类型：学位论文

【摘要】：放松规制是我国银行业深化改革中一个阶段性的必然选择。脱胎于早期信用合作社的城市商业银行,由于存在地方政府过度干预、单一地域经营、非市场化运作、基础薄弱、产品同质等弊端而束缚其发展。规制管理机构对其采取了放松利率规制和境外引资准入等一系列改革举措,目的是通过引入竞争和激励机制,提高自主创新能力,优化利率定价水平,提高经营绩效。如何对放松规制效果进行科学的分析与评价则成为一个亟待解决的重要课题。而相关文献成果多集中于大型国有银行和股份制银行的研究。诚然,城市商业银行作为银行业的"第三梯队"一直是重要的参与者并视为骨干力量,特别在支持地方经济发展方面发挥了不可忽视的作用,从而倍受社会各界的高度关注。以此为对象进行专门研究,势必会形成一些新问题、新观点和新结论。基于此,本文重点探讨放松利率规制效果、境外引资准入效果并作出综合评价。首先,在利率完全市场化和双轨制两种情形下探索性地构建最优存贷利差的利率均衡模型求得均衡解。其次,在充分论述地方政府干预经营和境外机构参股的基础之上,结合博弈分析探讨境外引资准入对效率影响的作用路径。然后,采用计量回归分析来检验其中的若干理论假说和真实性显著水平。最后,从市场化程度、经营绩效、创新能力、决策效率和服务质量5个维度构建一个放松规制效果的指标体系,运用层次分析法作综合评价,继而提出推进放松规制改革的政策建议。本文的主要研究结论如下:第一,在利率完全市场化情形下,竞争加剧导致存贷利差会逐步收窄,当处于完全竞争时,中央银行实施宏观调控效果最为有效。在贷款利率市场化、存款利率上限规制的双轨制条件下,贷款利率会随着中央银行扩张性的货币政策而降低,存贷利差随之进一步变窄。实证结果发现,放松利率规制变量与净利差率存在一定的显著性关系,反映了微弱的放松利率规制效果,同时跨区域经营时间与存贷净利差率的关系显著,说明在异地参与竞争发挥了作用,而净利差率的顺周期性效应则较为微弱。第二,研究结果较好地表明了境外引资合作时间与效率的显著性关系,从实证角度反映了境外引资准入效果。同时,引资效果开始显现,而引智效果尚未见效。第三,放松规制效果综合评价结果良好,尤其是服务质量得到了大幅提升,经营绩效和创新能力提升良好,而市场化程度和决策效率仍处于中等水平,进而反映了城市商业银行放松规制效果区别于大型国有银行和全国性股份制银行的特征。综上,整篇论文从放松利率规制、境外引资准入等方面,实证分析了我国城市商业银行放松规制的效果,有助于规制管理机构制定有针对性的改革规划,可以帮助城市商业银行认清放松利率规制对其的影响,引导他们与境外金融机构开展更广泛的合作,更有效发挥引智效果,进一步通过制度创新让引制尽快产生成效,从而引导城市商业银行抓住机遇,在"新常态"下获得持续性的发展,具有较大的社会效益和使用价值。
[Abstract]:Deregulation is the inevitable choice of a stage of deepening the reform of China's banking industry. The city commercial bank credit cooperatives originated in the early, because of the excessive intervention of the local government, regional management, non market operation, weak foundation, homogeneous product defects and constraining its development. Regulatory agencies have taken to relax the interest rate the regulation of overseas investment and access to a series of reform measures, the purpose is through the introduction of competition mechanism and incentive mechanism, improve the ability of independent innovation, optimizing the level of interest rate pricing, improve business performance. How to carry out scientific analysis and evaluation on the effect of deregulation has become an important issue to be solved. The research results and the related literatures focus on large state-owned banks and joint-stock banks. Indeed, the city commercial bank banking as the "third tier" has been regarded as an important participant and backbone In particular, played an important role in supporting the development of local economy, thus much attention from all walks of life. As the object of research, will lead to some new problems, new ideas and new conclusions. Based on this, this paper focuses on the relaxation of interest rate regulation and make a comprehensive evaluation of overseas investment and access. First of all, in the full market interest rates and track two cases to explore the interest rate equilibrium model to construct the optimal deposit rate obtained equilibrium. Secondly, based on the full discussion of local government intervention operations and foreign institutional shares, combined with the game analysis of the overseas investment access path's impact on efficiency. Then, using the the regression analysis of the measurement to test some hypothesis and the authenticity of the significant level. Finally, from the level of the market, performance, innovation ability, decision-making efficiency and service The quality of the 5 dimensions to build a relaxed regulation effect of the index system, using AHP comprehensive evaluation, then put forward the deregulation reform suggestions. The main conclusions are as follows: first, in the fully market-oriented interest rate situation, competition will gradually lead to the savings and loan spreads narrowed, when in a perfectly competitive, the central bank to implement macro-control effect is the most effective. The loan interest rate liberalization, track conditions deposit interest rate cap regulation, the loan interest rate will decrease with the central bank monetary policy, savings and loan spreads will further narrow. The empirical results show that there was a significant relationship between the relaxation of certain interest rate regulation variables and net interest margin rate reflects the weak relaxation of interest rate regulation effect, at the same time the relationship between time and cross regional business loan net interest rate significantly, that play compete in different places The role of the pro cyclical effect on net interest margins are relatively weak. Second. The results of the study show a significant relationship between the overseas investment cooperation time and efficiency, from the empirical point of view reflects the effect of access to overseas investment. At the same time, the effect of foreign investment and talent recruitment effect began to appear, has yet to work. Third, relax the comprehensive evaluation the regulation effect is good, especially the service quality has been greatly improved, operating performance and innovation ability to promote the good, and the degree of marketization and the decision-making efficiency is still in the middle level, which reflects the characteristics of City Commercial Banks to relax the regulation effect from the large state-owned banks and national joint-stock banks. In conclusion, the whole thesis from the deregulation of interest the regulation of overseas investment, access, empirical analysis of China's city commercial banks to relax the regulation effect, helps to regulate management organization to make the reform of the needle Planning can help city commercial banks to relax the impact of interest rates on its regulation, guide them to carry out more extensive cooperation with overseas financial institutions, more effective promotion effect, further through system innovation to lead system effectiveness as soon as possible, so as to guide the city commercial bank to seize the opportunity to obtain continuous development in the "new normal" next, has great social benefit and value.

【学位授予单位】：天津财经大学
【学位级别】：博士
【学位授予年份】：2016
【分类号】：F832.33

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