资本监管对商业银行贷款行为的影响——基于贷款期限结构的实证研究  

Impact of Capital Regulation on Commercial Bank’s Lending Behavior ——An Empirical Study Based on the Term Structure of Loan

作　　者：卞志村[1] 沙丽[2] 

机构地区：[1]南京财经大学金融学院金融研究中心 [2]南京财经大学金融学院

出　　处：《金融评论》2013年第1期78-90,125,共13页Chinese Review of Financial Studies

基　　金：国家社科基金重大项目"基于物价调控的我国最优财政货币政策体制研究"(12&ZD064);"‘稳增长;调结构;防通胀’三重目标下我国货币政策优化与预期管理研究"(11&ZD011);国家社科基金项目"公众学习;通胀预期形成与最优货币政策研究"(11BJY145)的阶段性成果;江苏高校优势学科建设工程(PAPD)的资助

摘　　要：本文从贷款期限结构角度出发,将短期贷款作为对流动性资金需求的代理变量,中长期贷款作为抑制通货膨胀、支持长期发展需求的代理变量,研究资本充足率监管在影响商业银行贷款过程中,对不同期限贷款是否存在不同偏好以及对不同期限贷款的影响程度,运用面板数据的多元线性回归模型进行实证分析。实证研究结果表明,虽然商业银行的贷款与中长期贷款均与资本充足率水平显著负相关,但中长期贷款占总贷款比重与资本充足率水平正相关,间接可以得出监管压力与短期贷款总量负相关的结论。This article explores whether and how capital regulation affects loans of different periods with panel data of China’s commercial banks during the period of 2005-2011. It takes short-term loan as the proxy variable of the liquidity needs and long-term loan as the proxy variables of inflation restrain and long -term developing support. The empirical results show that both long-term loan and loan of commercial banks are negatively related to the capital adequacy ratio level significantly, while the proportion of long-term loan to total loan is positively related to the capital adequacy ratio level significantly. It indirectly draws the conclusion that short-term loan is negatively related to capital regulation.

关 键 词：资本监管 资本充足率 信贷期限结构 中长期贷款 

分 类 号：F832.4[经济管理—金融学]