摘要
从银行业竞争、银行特征控制变量与宏观经济特征变量三个方面选取相关指标,运用系统广义矩估计法(GMM)研究了2004—2015年间我国商业银行之间的竞争程度与风险承担之间的关系,并用市场集中度指标进行稳健性检验。实证研究结果表明我国商业银行之间的竞争程度与其风险承担之间呈现非线性关系,并根据实证结果提出政策建议。
We select the competition in the banking industry, the characteristics of banks and the macroeconomic variables, using the System GMM estimation method to study on the degree of competition and risk for 2004-2015, and do the robustness test with the market concentration index.The empirical results show that the nonlinear relationship between the degree of competition among commercial banks and its risk in China. Based on the result,we put forward some policy suggestions on the results of empirical research.
出处
《金融理论与实践》
北大核心
2017年第7期32-37,共6页
Financial Theory and Practice
关键词
商业银行
集中度
竞争
风险承担
commercialbanks
concentration
competition
risk-taking
作者简介
周永锋（1984-）,男,河南睢县人,博士,经济师.
