外资银行进入影响研究——基于面板数据和产业组织方法

An Empirical Analysis of the Impact of Foreign Banks Entry on Chinese Banking Based on the Panel Data and Industry Organization Perspective

本文基于我国14家银行1996～2005年的面板数据,对外资银行进入对我国银行业的短期影响进行了研究。实证结果表明.我国银行业对外资银行营业性机构数的增加反应不敏感,经营成本、盈利同外资银行市场份额的增加正相关,我国银行业市场符合结构—行为—绩效范式。本文认为,当前外资银行已经越来越快地融入我国金融体系,为应对外资银行进入的冲击,我国银行业应以金融控股公司模式实现综合经营,同时积极学习借鉴外资银行新的金融产品和管理经验。

The transitional period of China＇ entering into WTO being finished, our country opens to the foreign banking industry formally and roundly. The foreign banks entry gives profound and important impacts on Chinese banking performance and industry structure. Based on the related panel data of 14 leading commercial banks of China during the period from 1996 to 2005, this paper analyzes the short-term impact on the performance of domestic banks＇ of foreign banks entry. The empirical results show that our domestic banks are not sensible to the number increase of the foreign banks ＇ business institutions, there is a positive relationship between our domestic banks ＇ overhead and profit and the market shares of foreign banks and our domestic banking accords with the structure-conduct-performance paradigm. This paper proposes some counterstrategy advice for our domestic banking facing the impact of foreign banks： When the foreign banks getting into our finance system faster, Chinese domestic banks should improve and develop the competitiveness ability by consolidated operation though the model of financial holding company and learn the new financial products and management experience from the foreign banks.