宏观金融效率、所有权效应与中国的银行自由化  

Macro Financial efficiency,Ownership Effect and Liberalization of Banks in China

作　　者：米运生[1] 周文良[1] 刘仁和[1] 

机构地区：[1]华南农业大学经济管理学院,广东广州510642

出　　处：《西安交通大学学报（社会科学版）》2009年第2期6-10,23,共6页Journal of Xi'an Jiaotong University：Social Sciences

基　　金：教育部人文社会科学研究青年项目(06JC790016)

摘　　要：宏观金融效率主要表现为对宏观投资效率与配置效率的促进。出于弥补市场失灵等的考虑,许多国家安排了国有银行这一制度。关于宏观金融(银行)效率的所有权效应问题,存在发展观和政治观两种相反观点。基于中国银行自由化的现实背景,对银行所有权效率问题进行了计量检验。结果表明,国家所有权对中国宏观金融效率的影响均为正,但系数较小;银行国有化程度与金融效率之间存在反向关系;国有银行总体符合发展观点,但它也不利于信贷资本的高效使用和最优配置。The macro financial efficiency mainly manifests itself in the promotion the macro investment efficiency and the allocation efficiency. Based on the consideration for making up the market failure etc. , many countries have established the system of the government bank. As for the issue of the ownership effect of the macro financial （bank） efficiency, there are two opposite viewpoints - the development outlook and political outlook. At the actual background of the liberalization of the govemment banks in China, we have made a measurement inspection of the ownership efficiency issue of the bank. The results show that the government banks have a positive effect on the macro financial efficiency of China, but the coefficient is rather small. There is an opposite relation between the degree of the liberalization of banks and the financial efficiency. As a whole, the government banks are not conducive to the high-efficiency utilization and optimal allocation of the loan capital while they conform to the development viewpoints.

关 键 词：宏观金融效率 所有权效应 银行自由化 

分 类 号：F832[经济管理—金融学]