银行业结构如何促进行业资源的有效配置——基于异质性企业进入退出视角的分析  

How Banking Market Structure Promote Industry Resource Allocation—Based on the Analysis of Heterogeneous Firms Entry and Exit

作　　者：吴晗[1,2] 贾润崧[3,4] 

机构地区：[1]南开大学经济学院,天津300071 [2]杜伦大学经济学院 [3]北京大学博士后流动站,北京100871 [4]中国银监会博士后工作站,北京100140

出　　处：《当代经济科学》2016年第5期77-88,共12页Modern Economic Science

基　　金：中央高校基本科研业务费专项资金(NKZXA1402)的资助;天津市教委社会科学重大项目(2012ZD)的资助

摘　　要：本文利用我国制造业微观企业数据,探讨银行业结构对行业资源配置的作用及其机制,研究发现中小银行市场份额的提升可以改善企业间信贷资源的配置状况,促进行业资源的有效配置。中小银行的发展一方面有利于为潜在进入的中小企业提供资金支持,促进其进入市场,另一方面可以缓解在位中小企业面临的融资约束,降低其退出市场风险。这将有利于扩大中小企业市场份额,进而优化行业资源配置。因此,银行业结构的优化有利于企业自由进出市场,提升行业资源配置效率。This paper uses Chinese manufacturing firms data to test the promote impact of banking market structure on industry resource allocation,stating that the expansion of the market share of small and medium sized banks can improve the condition of the credit allocation between firms. On the one hand,the development of small and medium-sized banks can supply enough credit to the potential small sized entry firms and promote firm entry,especially for the entry of SMEs; On the other hand,the development of small and medium-sized banks can effectively relief the financial constraints of SMEs and decrease the exit risk of SMEs.While the improvement of banking market structure is beneficial for firm entry and improve the industry resource allocation efficiency.

关 键 词：银行业结构 中小银行 融资依赖 企业进入 企业退出 

分 类 号：F832[经济管理—金融学] F425