流动性监管对银行竞争的影响研究  

Research on the Impact of Liquidity Supervision on Bank Competition

作　　者：陈伟光 潘凤 蔡伟宏 CHEN Weiguang;PAN Feng;CAI Weihong(Guangdong Institute for International Strategic Studies;School of Finance,Guangdong University of Foreign Studies,Guangzhou,Guangdong 510006,China)

机构地区：[1]广东国际战略研究院 [2]广东外语外贸大学金融学院,广东广州510006

出　　处：《金融教育研究》2021年第4期3-16,共14页Research of Finance and Education

基　　金：国家社会科学基金重大项目“制度型开放与全球经济治理制度创新研究”(20&ZD061)。

摘　　要：选取2010—2018年103家银行数据,采用动态面板回归模型对流动性监管影响银行竞争的情况及其传导机制进行了实证分析,结果显示净稳定资金比例与银行竞争显著负相关,银行的净稳定资金比例越高,其面临的竞争越小;银行资本充足率是其影响渠道,资本充足率的高低会引发银行内部资本结构的调整,资本充足率越高的银行,开展资产业务所具备的资金越充裕,银行面临的竞争相对越低;金融创新业务的发展并非流动性监管影响银行竞争的渠道,流动性监管虽然在一定程度上会促进非利息收入的增长,但非利息收入在净稳定资金比例影响银行竞争的过程中只存在遮掩效应。Based on the data of 103 banks from 2010 to 2018,this paper uses the dynamic panel regression model to conduct an empirical analysis on the impact of liquidity regulation on bank competition and its transmission mechanism.The results show that the ratio of net stable capital is negatively correlated with bank competition,the higher the ratio of net stable capital is,the less competition it will face.The bank's capital adequacy ratio is its influence channel;the level of capital adequacy ratio will trigger the adjustment of the bank's internal capital structure.The higher the capital adequacy ratio of a bank,the more abundant funds it has to carry out asset business and the lower the competition it faces.The development of financial innovation business is not the channel through which liquidity regulation affects bank competition.Although liquidity regulation can promote the growth of non-interest income to a certain extent,non-interest income only has a masking effect in the process of the influence of net stable capital ratio on bank competition.

关 键 词：净稳定资金比例 银行竞争 资本充足率 非利息收入 

分 类 号：F832[经济管理—金融学]