中国银行对产业放款的群聚行为研究——以股份制商业银行与城市商业银行为例

Flocking Behavior of Chinese Bank to the Industrial Lending——An example of joint-stock commercial banks and city commercial banks

2008年金融危机以后,我国银行业趋紧的贷款政策促使大量资金流向特定产业,形成了"群聚"现象。然而,银行业的群聚行为有哪些特征?这些特征对我国经济运行又会产生什么影响?为解决这些问题,本文利用跨期动态群聚模型,检验了股份制商业银行和城市商业银行在产业贷款中的群聚行为,发现这种群聚是一种习惯性放款;而两阶段GMM模型的检验结果说明,由于声誉群聚效应的影响,这两类银行更可能会群聚于同类型银行。

Since the financial crisis, Chinese bank lending is limited, increasingly prudent lending policies prompted a lot of money flows to specific industries, creating clustering phenomenon. In order to study the characteristics of the bank flocking behavior and its impact on the economy. In this paper, the first use of inter temporal dynamic clustering model, tested in industrial loans in the flocking behavior of joint-stock commercial banks and city commercial banks, and that this cluster is a habit of lending. Then, using a two-stage GMM model, found that because of the reputation of the cluster effect, these two banks are more likely to cluster in the same type of bank.