利率市场化、非利息收入与商业银行经营绩效——基于非利息收入门限效应的实证分析

Interest Rate Marketization,non Interest Income and Business Performance of Commercial Banks——An Empirical Analysis Based on the Threshold Effect of non Interest Income

基于35家上市银行2012—2016年面板数据,以构建商业银行经营绩效评价体系为起点,通过设定非利息收入门限变量,利率市场化为关键变量的面板门限模型,讨论了利率市场化与非利息收入和商业银行经营绩效的关系。结论认为,利率市场化进程中,非利息收入变动对银行经营绩效的影响具有不确定性,这种不确定性表现为非利息收入的阀值转换效应,不同类型商业银行表现出不同的转换特征;不同类型商业银行在应对利率市场化冲击时采取了不同的应对策略,其中非利息收入的门限效应能够较好地解释这种差异。

In this paper,35 listed banks based on panel data of 2012-2016 years,to build a commercial bank performance evaluation system as the starting point,by setting the non interest income threshold variable,interest rate marketization is the key variable threshold panel model,discusses the relationship between the performance of interest rate marketization and non interest income and commercial banks. The conclusion is that the process of marketization of interest rate,non interest income changes with the influence of uncertainty on the operating performance of the bank,this uncertainty is non interest income threshold conversion effect,different types of commercial banks showed different characteristics of different types of conversion; commercial banks should adopt different coping strategies in response to the interest rate when the impact of the market among them,the threshold effect of non interest income can better explain the difference.