摘要
本文运用非参数的数据包络分析法计算我国银行业的X-效率和规模效率,在此基础上对市场结构与市场绩效间的关系进行了实证研究,结果表明在我国银行业市场中“结构-行为-绩效”假说和“有效结构”假说均不成立;作者还进一步从动态的角度,考察了我国银行业市场结构的变化对整体经营绩效的影响,发现“银行内效应”决定了我国银行业绩效变化的方向;但包括市场份额效应、交叉效应和进入效应在内的再配置效应也很重要,特别是行业绩效下降的时期,正的“再配置效应”改善了我国银行业经营的整体业绩,遏制了整体业绩的进一步下降。
The present paper uses nonparametric data envelop analytic method to calculate the X-efficiency and scale efficiency of China's banks. Then the relationship between market structure and market performance is empirically studied. It is found that neither of the hypotheses, e.g. 'structure-behavior-performance' and 'effective structure' is tenable. Furthermore, the impact on the overall operation performance as a result of the change in market structure of China's banking industry is examined dynamically. The result shows that 'within effect' determines the direction of China's banks' performance, but reallocation effect involving share effect, covariance effect and entry effect is no less important, especially when the performance of the industry is on the decline. Positive 'reallocation effect' improves the overall performance of our banks' operation and check it from further slump.
出处
《金融论坛》
CSSCI
2004年第5期23-29,共7页
Finance Forum
关键词
银行业
市场结构
市场绩效
实证研究
中国
commercial banks
market structure
market performance
structure-behavior-performance hypothesis
effective structure hypothesis
