过度竞争与农村小型金融机构退出

Excessive Competition and Exit of Small Rural Financial Institutions

文章采用萨乐普环行城市模型,定量分析了农村小型金融机构市场需求量。研究表明,超速增长的农村小型金融机构可能会导致农村金融市场的过度竞争现象,从而引起逆向选择或者是道德风险,最终导致农村信贷市场的崩溃。因此,对农村小型金融机构的市场准入要严格审查,对出现问题的农村金融机构要尽早预警,对在规定期限内仍不能实现有效改善的,要通过市场手段进行市场退出。

This article uses Salop＇s circular city model to make quantitative analysis on the market demand of small rural financial institutions.Research shows that excessive growth of small rural financial institutions may lead to excessive competition in the financial market,which can cause adverse selection or moral hazard and finally lead to the collapse of rural credit market.Therefore,strict scrutiny of market access should be carried out for small rural financial institutions,and an early warning should be made for problematic rural financial institutions.In addition,the market exit with market-based instruments should apply if rural financial institutions fail to effectively improve themselves within prescribed time limit.