数字普惠金融与地区商业银行竞争

Digital Inclusive Finance and Regional Bank Competition

数字普惠金融的发展对各地区商业银行的竞争格局产生了深远影响。本文使用北京大学数字普惠金融指数,整理计算200845条银保监会官方网站公布的商业银行分支机构信息构建商业银行竞争指数,实证检验2011—2018年中国283个地级以上城市数字普惠金融发展对地区商业银行竞争的影响。研究发现:数字普惠金融发展加剧了地区商业银行竞争;消费需求效应和产业结构效应是数字普惠金融影响地区商业银行竞争的中介效应;金融发展水平和经济政策不确定性在数字普惠金融与地区商业银行竞争的关系中发挥调节效应。研究结论对我国数字普惠金融发展和商业银行数字化转型升级具有重要启示。

The development of digital inclusive finance has had a profound impact on the competitive pattern of urban commercial banks.This paper uses the Peking University Digital Inclusive Finance Index to compile and calculate 200845 commercial bank branch information published on the official website of the CBRC to construct a commercial bank competition index to empirically test the impact of digital inclusive finance development on regional commercial bank competition in 283 cities above prefecture level in China from 2011 to 2018.The study finds that:digital inclusive finance development intensifies regional commercial bank competition;consumer demand effect and industry structure effect are mediating effects of digital inclusive finance affecting regional bank competition;The level of financial development and economic policy uncertainty play a moderating effect in the relationship between digital inclusive finance and regional commercial banks'competition.The findings of the study have important implications for the development of digital inclusive finance and the digital transformation and upgrading of commercial banks in China.