所有制、信贷资金配置与信贷差异合理性

Ownership,Loan Fund Allocation and the Rationality of Loan Difference

本文用O-B分解法和分位数分解法,研究了2002-2012年信贷在国有行业企业和非国有行业企业间的最新配置,分析了两者信贷差异及差异合理性随额度的变化。研究表明在所有额度上国有行业企业都获得了更多信贷,两者在小额信贷上差异最大。差异合理性随额度增大而提高,小额信贷差异主要源于所有制歧视,大额信贷差异主要源于行业特征差异。随着银行业改革,差异中源于所有制歧视的不合理成分逐渐下降。本文为全面认识两种经济成分间的信贷差异提供了依据。

Using O-B decomposition method and quantile decomposition method,this paper studies the latest loan allocation between state-owned industrial enterprises and non-state-owned industrial enterprises and analyzes the credit difference and difference rationality change of the two with scales. The research indicates that the state-owned industrial enterprises get more credit for all the scales and the difference of the two in small-scale credits is the biggest. The difference rationality rises with the rise of scales and the small-scale difference is from ownership discrimination and the big-scale difference comes from industrial characteristic difference. With the reform of banking,the irrational part of the difference from ownership falls gradually.This paper provides the base for recognizing the credit difference between the two economic constituents.