我国银行市场集中度对中小企业融资的影响

Influence on the Financing of Small and Medium Enterprises in China's Banking Market Concentration

中小企业已经逐渐成为我国经济发展的中坚力量,然而从银行这一主要融资主体获得的贷款却极其有限。检验银行市场集中度假说以及与之对立的信息假说对我国的适用性,判定我国银行市场集中度对中小企业融资的影响,从而为中小企业的银行融资寻找新的突破口。采用有外生变量的线性动态面板数据模型进行回归,结果表明,我国实证数据支持银行市场集中度假说。

Small and medium-sized enterprises have gradually become the backbone of China＇s economic development, however, obtained from the bank loan financing the main body is extremely limited. Testing bank market concentration on vacation and contradictory information hypothesis applicability to China, the article determines the impact of financing of SMEs in China banking market concentration, so as to find a new breakthrough for the small and medium-sized enterprise financing. Adapting the linear dynamic panel data model with exogenous variables for regression analysis, the results show that the empirical data in China supports the banking market concentration hypothesis.