中国商业银行信贷配置效率——基于省域和行业数据的研究

The Credit Allocation Efficiency of Chinese Commercial Banks——A Study Based on Provincial and Industrial Data

本文根据中国商业银行2005--2012年的省域和行业贷款数据,运用面板数据模型,分析银行信贷的省域和行业配置效率及影响因素。结果表明：中国商业银行信贷的省域配置并没有完全按照市场化的原则来进行,而受到了政府干预程度、省域市场化水平等因素的影响。银行信贷的行业配置也没有完全按照市场化的原则来进行,同时行业的国有经济比例仍是影响银行信贷的重要因素。另外,无论是银行信贷的行业配置还是省域配置,都考虑了银行贷款的质量。这表明中国近几年的银行信贷配置,既考虑了银行自身的盈利,也兼顾了政府的政策要求。

Based on the provincial and industrial loan data of Chinese commercial banks during 2005~2012, this paper uses panel data model to analyse provincial and industrial credit allocation efficiency and factors to influence the efficiency. The re- sults of the study show that the provincial credit allocation of Chinese commercial banks is not fully in accordance with market principle and influenced by the degree of government intervention, provincial marketization level and other factors. The industri- al credit allocation of banks is also not fully in accordance with market principle, and the proportion of state-owned economy in the industry is still an important factor to influence the credits of banks. In addition, the quality of bank loans is considered in both industrial allocation and provincial allocation. The above results show that bank profits and the requirements of governmen- tal policy are considered in the credit allocation of banks in recent years.