银行竞争与金融包容——基于信息不对称和科技创新视角

Banking Competition and Financial Inclusion——Based on the Perspective of Information and Technology Innovation

金融是现代经济的核心,建立更包容、更普及的金融体系可以刺激经济增长,提高社会包容性。本文利用2011-2019年的面板数据,研究银行业竞争与金融包容的关系,并从信息不对称和科技创新视角分别探讨其中的影响机制。研究发现:银行竞争对金融包容具有积极的影响;信息不对称削弱了银行竞争对金融包容积极的影响,而科技创新能增强银行竞争对金融包容的积极影响。进一步异质性分析表明,银行竞争对金融包容的提升作用在国有银行和城市商业银行更为显著。要实现更全面的金融包容,必须放开银行间准入,发挥金融科技在建立全国范围内网络征信平台以及创新银行服务中的作用,同时进一步发挥中小银行在实现金融包容中的作用。

Finance is at the heart of the modern economy, and building a more inclusive and accessible financial system can stimulate economic growth and improve social inclusion.Using the panel data from 2011 to 2019,this paper studies the relationship between banking competition and financial inclusion, and discusses the influencing mechanisms from the perspectives of information asymmetry and technological innovation.The study found that bank competition has a positive impact on financial inclusion;information asymmetry weakens the positive impact of bank competition on financial inclusion, and technological innovation can enhance the positive impact of bank competition on financial inclusion.Further heterogeneity analysis shows that the effect of bank competition on financial inclusion is more significant in state-owned banks and city commercial banks.To achieve more comprehensive financial inclusion, inter-bank access must be liberalized, the role of fintech in establishing a nationwide online credit reporting platform and innovative banking services must be brought into play, and the role of small and medium-sized banks in achieving financial inclusion must be further leveraged.