国有商业银行对外投资与市场竞争力实证研究

Study on FDI and Market Competitiveness of State-Owned Commercial Banks

运用多项式分布滞后模型,从国际视野角度对1998～2007年间国有商业银行对外投资与市场竞争力作了计量分析。结果表明,投资正效应对市场竞争力在投资后第一、二年表现明显,第三年不再显著,第四年负面效应逐渐显露。但从长期来看,国有商业银行海外投资与市场竞争力的提升总体成正向关系。

In this paper,we analyze FDI and market competitiveness of state-owned commercial banks from 1998 to 2007 with Polynomial Distribution Lag Model.The results show that positive effects of FDI on the market competitiveness are significant in the first two years,but in the third year,it is no longer significant.In the fourth year,its negative effects gradually emerge.However,in the long run,FDI of China state-owned commercial banks enhance the overall market competitiveness.