银行业改革对不同类型企业信贷资源获取的差异影响——以上海市为例

Distinct Effects of Banking System Reform on Access to Credit Resources for Different Enterprises :The Case of Shanghai

本文以上海市2001-2011年规模以上企业的经验数据为样本,以2004年为界,分别以短期贷款、长期贷款和总贷款的增长率来衡量不同类型企业获取的信贷资源,目的在于分析银行业改革前后信贷资源配置效率的变化。研究发现:所有权是影响企业信贷资源获取的重要因素,但在改革后这种关系被弱化;银行业改革弱化了国有企业的软预算约束机制,放宽了对非国有企业信贷资源获取的条件限制,但这种影响对长期贷款的冲击程度不大;银行业改革也强化了企业盈利能力、综合素质等要素在信贷市场中的作用。

This paper collectes financial data of above-scale enterprises in Shanghai for the period 2001-2011 to investigate the changes of credit allocation efficiency before and after 2004 banking system reform in China. The authors use the growth rate of short-term loans, long-term loans and total loans to measure credit resource of enterprises have obtained. The results show that ownership is so important of companies assess to credit resources. However this relationship has been weakened after the reform, and banks have eased the limited conditions for non-state-owned enterprises＇ access to resources, however, it has little impact for long-term loans. The banking system reform improve the effect of profitability and comprehensive quality in loans market.