我国商业银行金融生态:基于市场结构与绩效的实证研究

The Financial Ecology of China′s Commercial Bank:An Empirical Study Based on Market Structure and Performance

金融生态中的生态主体构成特征表现为市场结构特征,市场结构与行业绩效的关系是产业组织理论关注的经典话题。银行的效率除了受到金融生态环境影响外,主体的生态构成特征更为重要。市场结构的变化是否必然带来赢利能力的改变,有着来自不同产业和时间序列的不尽一致的经验证据。我国商业银行业的发展处于改革的震荡期,不同的实证研究方法对其结构绩效关系给出了不同的答案。逐步回归的实证分析过程表明,我国商业银行的总资产市场集中度变化与行业绩效之间呈现出密切关系。我国商业银行改革应该注重民营银行对市场结构的调整作用。

Market structure of bank is a key feature of the financial ecology. Industry orgamzation theory focuses on the relationship between market and structure as a classical topic. Not only is the efficiency of commercial bank influenced by ecology environment, it is also influenced by the ecology structure of banks. Different empirical researches argue whether the change in market structure leads to the variety of performance. The empirical result of China＇s commercial banks depends on the technique used by researc- her. It is the market proportion of the total capital of 8 biggest banks that links with bank performance. Private banks are becoming more and more important in adjusting commercial bank market structure.