进入阻力、挤出效应与中小银行跨区域扩张  

Entry Resistance, Crowding Out Effect and Cross-Regional Expansion of Small and Medium-Sized Banks

作　　者：李璐 范建亭 LI Lu;FAN Jian-ting(College of Business,Shanghai University of Finance and Economies,Shanghai 200433,China)

机构地区：[1]上海财经大学商学院,上海200433

出　　处：《山西财经大学学报》2022年第7期42-55,共14页Journal of Shanxi University of Finance and Economics

摘　　要：以进入地市场阻力和总部地挤出效应为切入点,基于2010—2018年金融许可证信息和179家中小银行微观数据,构建了基于“银行-地区-年份”三维面板数据的进入选择和扩张规模两阶段模型,探究了地区市场因素对中小银行跨区域进入和规模扩张的影响机制。研究发现:地区市场中的国有银行势力对中小银行跨区域进入选择和扩张规模形成阻力,总部地银行业集聚对中小银行的跨区扩张规张具有挤出效应;进入阻力和挤出效应对不同类型银行的跨区域进入与扩张的影响存在显著差异,地区间市场化差距对挤出效应具有正向调节作用。Taking the entry resistance of new branches and the crowding-out effect of headquarters as the entry point, this paper constructed a two-stage model for entry selection and scale expansion based on "Bank-Region-Year" three-dimensional panel data,which came from banks’ financial license data from 2010 to 2018 and the micro data of 179 small and medium-sized banks. The results were as follows. The market power of state-owned banks in regional markets formed an obvious resistance to the cross-regional entry and expansion of small and medium-sized banks. The crowding out effect generated by the agglomeration of banking industry in headquarters increased the scale of the cross-regional expansion of small and medium-sized banks. Besides, there were significant differences in the impact of entry resistance and crowding out effect on cross-regional entry and expansion of different types of banks,and the marketization disparities among regions played a positive moderating role in the crowding out effect.

关 键 词：进入阻力 挤出效应 跨区域扩张 中小银行 市场准入管制放松 

分 类 号：F832[经济管理—金融学]