金融发展、地方政府帮助和私营企业银行贷款  

Financial Development, Local Government Help and Bank Credit Access of Chinese Private Firms

作　　者：柳春 张一[2] 姚炜 CHUN LIU;YI ZHANG;WEI YAO(Southwestern University of Finance and Economics;Xi’an Jiaotong University;"National"Chengchi University)

机构地区：[1]西南财经大学经济学院 [2]西安交通大学金禾经济研究中心,710049 [3]“国立”政治大学社会科学学院财政学系

出　　处：《经济学（季刊）》2020年第5期107-130,共24页China Economic Quarterly

基　　金：国家社会科学基金(13XJY001)的资助。

摘　　要：转型经济国家金融市场发展滞后严重阻碍了私营部门的发展。本文利用中国企业层面调查数据,研究了地方政府在私营企业向银行申请贷款过程中所起的作用。实证结果表明,地方政府提供贷款帮助可以显著提高私营企业获得贷款的可能性和贷款规模,而且这一效果在银行融资困难程度更加严重的组别中更强。此外,有证据显示地方政府的帮助行为在一定程度上可以改善银行部门的信贷配置效率。The underdevelopment of financial market in transitional economies hinders the growth of the private sector. Using a survey of private enterprises in China, we investigate the role of local government in the process of private enterprises securing bank loans. We find that local government help significantly increases the likelihood of private firms obtaining bank credit and the size of bank loans. Especially, such effect is much stronger when it is more difficult for firms to obtain bank loans. We also provide some evidence that local government help can to some extent improve the credit allocation efficiency of the banking sector.

关 键 词：地方政府 银行贷款 金融发展 

分 类 号：F832.4[经济管理—金融学] F276.5[政治法律—政治学] D630[政治法律—中外政治制度]