企业融资授信标准与利率关系研究

Relationship Between Enterprise Financing Credit Standards and Rates

本文以2008-2013年桂林地区的数据为样本,运用面板数据回归模型,研究了商业银行对企业融资的授信标准和长短期利率的关系。结果发现,利率对商业银行的授信标准有显著影响;不同期限的利率对授信标准的影响不尽相同;同时针对不同规模的企业,利率的影响也并不相同。基于实证结果的分析,本文提出货币政策制定者要重视利率政策的变化对企业信贷的不同影响,在政策导向的过程中要更加关注金融的稳定。

Based on the data from 2008- 2013,taking Guilin area as sample and using panel data regression model,the relationship between the commercial bank credit standards and twist had been carried on this empirical research. The results show that interest rate has a significant influence on commercial banks credit standards. The influence of different term interest rates on credit standards is not same; At the same time according to different scale enterprises,the influence of interest rate is not same too. According to the analysis of the empirical results,we raised the suggestions to the monetary policy makers should attach great importance to the change of interest rate policy on the different effects of corporate credit,and need to pay more attention to the financial stability in the process of policy guidance.