中国银行业的市场结构、效率与绩效研究

重庆大学硕士学位论文中国银行业的市场结构、效率与绩效研究姓名：方莹申请学位级别：硕士专业：金融学指导教师：严太华20050501IDEA(dataevelopmentanalysis)Berger70%IIABSTRACTThisarticlecarriedouttheempiricalanalysisonthecentralizationandget-inandget-outbarriersofChinesebanking,basedonwhichitrevealedtheslowdevelopmentofnewly-emergingbanksandunshakablepositionoffouroligarchsintheshortterm.Thelackofthemedium-sizedbankstotransitfromtheoverlargestate-runbankstotoosmall-sizednewbanksresultedinthetop-heavinessandpolarizationofthebankmarketstructure.Eitherthenewgettinginortheexistentgettingoutofthemarket,therewerevarioushighmarketbarriersthatmadetheindustrystructureoptimizationtobeconfined.Throughdividingthebankingadministrationabilityintotwobasicaspects,BenefitCreatingAbilityandBusinessExpandingAbility,itsetuptwoDEAmodelsseparatelyandanalyzedcommercialbank’sefficiencyfromdifferentangles.Basedontheabove-mentionedsolutionindividually,atwo-dimentionaldistributionmapwasachieved,whichregardedthetwoefficiencyindexesasitsabscissaandordinatevariables.Accordingtodifferentcharacteristicsindifferentareas,itreflectedhowabouttheircurrentcomprehensivepowerinmarketcompetition,andwhichmeasureshouldbetakenagainsttheexistingproblemsinnearfuture.Forexaminingwhetherourbankingsituationcouldconfirmthevarietyofhypotheses,thisarticlehadcarriedonafewtimesofregressiontests,onthebasisofBergermodelandvariousconditionsassumedbythosehypotheses.Afterall,itwasprovedthattherewasnotrelationshipamongmarketstructure,efficiencyandperformanceofChinesecommercialbankingasanyexistinghypothesisdescribed.Astothis,itwasassumedthatthemostbasicreasonmightlieinthehistoricalproblems,whichproducedtheefficiency-lackedstate-runbankswithhugescale.Inviewofthedifferencedevelopingcoursesbetweenthenewbanksandthestate-runbanks,ajudgmentwasconcludedthatthereexistedastructuralchangeofmodelsbetweenthetwo.So,itintroducedamutevariableintotherevisedmodeltoexamineagain.Finally,aregressionequationwasachievedwithanexplainingabilityabout70%,whichcouldreflecttheinnerlinkamongthethreefactorstoagreatextent.Furthermore,thearticlegaveitseconomicexplanationandpracticedirection,accountingfortherealisticsituationinChinesebankindustry.Becauseoftheabove-mentionedconclusions,itproposedaseriesofpolicyIIIrecommendationstooptimizethestructureofmarket,suchasreformingtheorganizationofthestate-run,establishingallianceamongthenewly-emerging,improvingget-outmechanism,settingupdepositinsurancesystem.Inaddition,italsoadvisedtoelevatetheChinesecommercialbankingefficiency,bymeansofloosingtheinterestratecontrol,promotingthefinance-informationlizeddegree,etc.Keywords:Chinesebanking,Marketstructure,Efficiency,PerformanceVI1.1.................................................................................................................................62.1CRn.............................................................................................92.2HHIN..................................................................................................102.3CR...................................................................................................................102.1...........................................................................................................................102.22003..............................................................................................123.1DEA.........................................................................153.2DEA.........................................................................163.3...........................................................................................................................193.419992003.........................................................................223.1...........................................................................................223.22003DMU...........................................................................243.320012002DMU..........................................................253.419992000DMU..........................................................263.519992003TE........................................................273.62003..................................................................283.72002..................................................................283.82001..................................................................283.92000..................................................................293.101999................................................................293.52003DMU...........................................................................303.620012002DMU..........................................................313.719992000DMU..........................................................323.11DEA...........................................................................................331111.1S→C→P[1]DEA(dataevelopmentanalysis)DEABerger[2]1.21.2.1(Mason)J.BainSCPSchererSCP[3]12SCPSCP[4](Cerasi,ChizzoliniandIvaldi)[5]208090X(stochasticfrontierapproachSFA)(distribution-freeapproachDFA)(thickfront