我国县域农村金融市场竞争度研究——基于降低市场准入条件下江苏37个县域的经验数据  

On the Competition of County Financial Markets in China

作　　者：黄惠春[1] 褚保金[1] 

机构地区：[1]南京农业大学经济管理学院,江苏南京210000

出　　处：《金融研究》2011年第8期167-177,共11页Journal of Financial Research

基　　金：国家自然科学基金项目(编号:70973055);国家社科基金项目(编号:09BJY103);江苏省教育厅哲学社会科学指导项目(编号:2010SJD790033)的资助

摘　　要：自2006年银监会降低我国农村金融市场准入限制以来,各类新型农村金融机构、商业性和外资金融机构陆续进入县域农村金融市场。本文以江苏省37个县域为例,运用Panzar-Rosse模型实证分析了降低市场准入限制前后县域农村金融市场竞争度的变化,研究结果表明:降低市场准入限制明显提升了农村金融市场的竞争度;在不同经济发展水平的县域,竞争增强的情况下,市场集中度变化存在显著差异:经济发达地区,竞争度提升使得集中度下降;欠发达地区,竞争度提升后集中度依然保持上升趋势。本文还证明鉴于我国农村经济与金融发展的特点,运用非结构方法测度我国县域农村金融市场的竞争度更加客观和可靠。Many kinds of new rural financial institutions, commercial and foreign banks have entered into China＇s county financial marketa since the CBRC increased the rural banking market access in 2006. This paper applies Panzar-Rosse model to investigate the changes of competition in China＇s county financial markets after increasing the market ＇entry based on a set of panel data of 37 counties in Jiangsu Province. The results show that the entry of new financial institutions has improved competition in the sample counties significantly, but it has different effects on market concentration, which has deceased in the southern developed counties while in- creased in the northern undeveloped areas. The results also prove that in terms of the characteristics of China＇s rural economy and finance development non-structure estimation technique is more applicable and reliable than the traditional structural techniques in evaluating the competition of China＇s county financial market.

关 键 词：县域农村金融市场竞争度. 降低市场准入限制 PANZAR-ROSSE模型 

分 类 号：F832[经济管理—金融学] F224