市场竞争、监管改革与银行效益

Competition,Regulatory Reform and Banking Performance

选取2003～2011年中国省际面板数据,运用空间计量模型从银行业市场化改革和监管改革两个维度出发,对市场竞争、监管改革与银行效益之间的关系进行实证分析。结论显示,银行效益、市场竞争和监管改革普遍存在空间集聚效应;市场化改革和监管改革有效促进了银行效益的提高,并且监管改革对银行效益的促进效果更好;分区域来看,东部地区市场化改革更有利于带动银行效益的提高,而西部地区监管改革对银行效益的提升更为明显。

Using panel data at provincial level for China from the periods of 2003-2011 and based on spatial econometric model, this paper studies the impact of competition and regulatory reform on banking performance from the two perspectives of marketing reform and regulatory reform of China＇ s banking. The result shows that ： Firstly, competition, regulatory reform and banking performance have a spatial effects of clustering. Secondly, both market- ing reform and regulatory reform has a positive effect on banking performance, and regulato- ry reform is more effective. Finally, from the subregional perspective, the eastern region is enjoying a more competition benefit, and the west region is having a more regulatory reform benefit. The findings of the paper have implied both evaluation effectiveness of China＇ s banking reform and depicted the next banking reform.