放松银行准入管制与新企业成立  

Bank Access Deregulation and the Establishment of New Businesses

作　　者：李东松 郭敏[2] Li Dongsong;Guo Min

机构地区：[1]河北经贸大学财政税务学院 [2]中国社会科学院大学经济学院

出　　处：《宏观经济研究》2024年第7期83-98,127,共17页Macroeconomics

基　　金：河北省社会科学基金一般项目(HB23LJ004)的资助。

摘　　要：如何推进金融供给侧结构性改革,消除制度束缚,焕发企业家精神,激发微观经济主体活力,是政策制定者和学术界共同关注的重点问题。本文以2007年中国银监会准许股份制商业银行在县域设立分支机构作为放松银行准入管制的准自然实验,考察了放松银行准入管制对新企业成立的影响。研究发现,放松银行准入管制显著促进了新企业成立,在经过控制特定政策冲击、安慰剂检验、改变估计方法以及考虑样本选择问题后,结论依然成立;影响机制检验表明,放松银行准入管制主要通过缩短银企距离、促进银行业竞争两个渠道来提高资金可得性进而促进新企业成立。How to promote financial supply-side structural reform,remove institutional constraints,revitalize entrepreneurial spirit,and stimulate the vitality of microeconomic agents is a key issue of common concern for policymakers and academics.This article examines the impact of bank access deregulation on the establishment of new businesses by using the China Banking Regulatory Commission's granting of permission to joint-stock commercial banks to set up branches in counties in 2007 as a quasi-natural experiment in deregulating bank access.The study finds that bank access deregulation significantly promotes the establishment of new businesses,and the conclusion still holds after controlling for specific policy shocks,placebo tests,changing the estimation method,and considering the sample selection problem;the test of the impact mechanism shows that bank access deregulation improves the availability of capital and thus promotes the establishment of new businesses by shortening the distance between the bank and the enterprise,and promoting the competition in the banking industry.

关 键 词：银行准入管制 新企业成立 股份制商业银行 

分 类 号：F832.33[经济管理—金融学] F279.2