区域创新、制度环境与银行稳定  

Regional Innovation,Institutional Environment and Bank Stability

作　　者：宋科[1,2] 李振 赵琼薇[4] SONG Ke;LI Zhen;ZHAO Qiongwei(School of Finance/China Financial Policy Research Center,Renmin University of China,Beijing,100872,China;School of Science,Wuhan Institute of Technology,Beijing,430200,China)

机构地区：[1]中国人民大学财政金融学院 [2]中国财政金融政策研究中心、国际货币研究所 [3]中国人民大学国际货币研究所 [4]武汉工程大学理学院

出　　处：《金融评论》2018年第5期46-69,124,共25页Chinese Review of Financial Studies

摘　　要：区域是技术创新的重要载体，技术进步是区域经济增长的动力源泉。本文选取2004-2016年中国139个城市的235家地方商业银行的非平衡面板数据，研究区域创新能力与地方银行稳定的关系。实征结果显示区域创新能力的增加显著增强地方银行稳定，即区域创新能力每提高1个单位，地方银行稳定性增强约10%；在产权制度和契约制度较强地区的地方银行以及城市商业银行，区域创新能力增加会更加显著地增强地方银行稳定；区域创新能力通过提高存款增速、降低收入多元化和非利息收入对地方银行稳定产生影响。本文丰富了商业银行风险承担行为的研究，为区域创新对微观经济主体影响提供重要补充，也为不同制度环境的作用提供微观层面的新证据。Region is an important carrier of technological innovation,and technological progress is the driving force of regional economic growth.This paper uses the unbalanced panel data of 235 regional commercial banks in 139 cities in China from 2004 to 2016 to study the relationship between regional innovation capacity and local bank stability.It finds that the increase of regional innovation capacity significantly enhances the stability of local banks,namely,for every unit increase in regional innovation capacity,the stability of local banks increases by about 10%.For local banks in areas with stronger property rights and contractual systems,and city commercial banks,the increase in regional innovation capacity can enhance the stability of local banks more significantly.Regional innovation capability can influence the stability of local banks by increasing deposit growth,reducing income diversification and non-interest income.

关 键 词：区域创新 市场环境 银行稳定 银行风险承担 

分 类 号：G21[文化科学—新闻学] O35[理学—流体力学]