我国商业银行贷款价格竞争与风险的关系研究——基于我国主要非国有商业银行的平衡面板数据分析

The Study on the Correlation between Commercial Banks' Loan Price Competition and Bank Risk in China:Based on the Panel Data of Non-state-owned Banks

本文选取了2008-2012年12家非国有商业银行的平衡面板数据,运用度量银行定价能力的微观指标Lerner指数和度量银行业整体集中度的CR6指标考察我国商业银行贷款价格竞争程度与银行信贷风险以及整体经营风险的关系。研究发现,由于现阶段我国贷款市场集中度相对较高,所以"风险转移效应"占主导地位;价格竞争的增加有助于缓和银行的信贷风险以及银行的整体运营风险;目前利率管制放松带来的银行业竞争是有效的。

Based on the balanced panel data of 12 Non-state-owned Banks in China from 2008-2012 and adopting Lerner index and CR6 as indicators of market power and market concentration, this paper inquires into the correlation between price competition in the loan market and bank risk. The results show that, due to the current high level of concentration in China＇ s banking sector, the ＂risk-shifting effect＂ plays the dominant role in the banking industry, the increase of competition brought by interest rate deregulation can help abate both banks＇ credit risk and overall risk, and the banks＇ Competition from interest rate regulation loosen is effective.