上市银行经营绩效与货币政策信贷传导有效性  

Listed Banks’ Operating Performance and Credit Channel Validity

作　　者：庞欣[1] 刘志新[1] 孙欧[1] 

机构地区：[1]北京航空航天大学经济管理学院,北京100191

出　　处：《系统工程》2013年第4期13-18,共6页Systems Engineering

基　　金：国家自然科学基金资助项目(70821061);教育部新世纪优秀人才支持计划项目(NCET050184)

摘　　要：利用我国上市银行2005～2012年季度数据,建立面板数据模型,从盈利能力、成本效率及资产质量三个角度对我国银行经营绩效与货币政策信贷传导的关系进行实证研究。结果显示,我国商业银行盈利能力与银行的信贷行为显著相关,信贷量能够显著影响银行盈利能力,反过来,银行盈利状况越差,信贷增速越大;银行成本效率和资产质量与信贷行为没有显著相关;银行经营绩效对货币政策传导作用显著,盈利能力越弱、成本效率越高、资产质量越差,货币政策传导效果越好。This paper conducts an empirical study of the relationship between the operating performance of China’s listed banks and the bank lending channel of monetary policy from three perspectives of operating performance,profitability,cost efficiency and asset quality,by establishing a panel data model with quarterly data of China’s listed banks between 2005 and 2012.The results show that：（1） the weaker the banks’ profitability,the greater the credit growth;（2） banks’ operating performance can significantly affect the validity of the credit transmission,the weaker the profitability,the higher the cost efficiency,the worse the quality of assets of the bank,the better the monetary policy transmission.

关 键 词：上市银行 经营绩效 货币政策 信贷渠道 

分 类 号：F822[经济管理—财政学]