基于产业异质性的银行贷款政策效应分析——来自上市银行的经验证据  

Analysis of the Effects of Bank Loan Policy Based on Industrial Differences:Evidence from Listed Banks

作　　者：张勇[1] 李亚玲[1] 

机构地区：[1]华南师范大学经济与管理学院,广东广州510006

出　　处：《南京审计学院学报》2012年第3期46-52,共7页journal of nanjing audit university

基　　金：教育部人文社会科学研究一般项目(09YJC790098)

摘　　要：在银行信贷资金配置存在产业间差异的假定下,建立引入产业因素的银行贷款决定模型,考察产业因素影响银行贷款渠道有效性的内在机制,并运用2007年到2010年14家上市银行和5组产业数据展开动态面板模型估计,结果表明:从贷款需求角度看,各个产业的产出对产业贷款的影响效应存在产业间差异;从贷款供给角度看,人民银行运用货币政策工具调控产业贷款的影响效应也存在产业间差异。也就是说,产业因素确实影响到人民银行调控各个特定产业贷款的力度。Based on the data of 14 banks and 5 industries from 2007 to 2010,the paper is concerned with how the industry factors exert influence on the way the central bank regulates the industry loans by means of the bank lending.Under the assumption of industrial differences in bank credit funds allocation,the paper introduces a decision model of the bank lending concerning industry factors and includes a research on how the industry factors impact the bank lending.With the help of the analysis of the dynamic panel model,it is proved that from the perspective of loan demand,the impact the production of each industry exerts on the industry loan differs among different industries,and from the perspective of loan supply,the effect that the central bank regulates the industry loan through monetary policy also varies among various industries.Therefore,it shows that industry factors do affect the strength of the central bank＇s regulation for various industry loans.

关 键 词：银行贷款渠道 产业间差异 人民银行 贷款需求 贷款供给 货币政策传导渠道 

分 类 号：F832.4[经济管理—金融学]