摘要
金融行业是新科技应用最敏感的行业之一,人工智能、大数据等技术的运用能够有效提高金融活动的效率。在中国,银行特别是各大上市商业银行是金融活动最重要的主体,其对金融科技的运用具有代表性。基于2011年至2021年42家上市商业银行的经营数据,使用双向固定效应模型探究金融科技运用与货币政策信贷传导渠道之间的关系。研究表明:金融科技能够有效畅通货币政策信贷传导渠道,这种促进作用主要通过风险寻求效应体现;从区域看,东部地区商业银行金融科技对货币政策信贷传导渠道的促进作用更加显著;从商业银行规模看,大规模商业银行和小规模商业银行金融科技运用对货币政策信贷传导渠道的促进作用更显著;从商业银行贷款倾向看,金融科技运用对货币政策信贷传导渠道的促进作用在贷款倾向高的商业银行更显著。基于上述研究结论,为充分发挥金融科技在提升金融活动效率中的积极作用,政府应大力支持商业银行金融科技发展,鼓励各地区提高金融科技以及新技术应用水平,以提升金融科技对实体经济的服务水平。
The financial industry is one of the most sensitive industries to the application of new technologies,and the application of artificial intelligence and big data can effectively improve the efficiency of financial activities.In China,banks,especially the major listed commercial banks,are the most important subjects in financial activities,and their application of financial technology is very representative in all aspects.Based on the operating data of 42 listed commercial banks from 2011 to 2021,this paper uses the two-way fixed effect model to explore the relationship between the application of fintech and the credit transmission channels of monetary policy.The research shows that:Fintech can effectively smooth the credit transmission channels of monetary policy,and this promotion effect is mainly reflected through risk-seeking effect;from the regional perspective,the financial technology of banks in the eastern region has a more significant role in promoting the credit transmission channel of monetary policy;from the perspective of bank scale,the application of fintech in large-scale banks and small-scale banks has a more significant role in promoting the credit transmission channel of monetary policy.(4)From the perspective of bank loan tendency,the application of financial technology in banks with high loan tendency has a more significant promoting effect on the credit transmission channel of monetary policy.Based on the above research conclusions,in order to give full play to the positive role of fintech in improving the efficiency of financial activities,the government should strongly support the development of fintech in commercial banks and encourage all regions to improve the application level of fintech and new technologies,so as to enhance the service level of fintech to the real economy.
作者
任晓昡
陈长瑶
余昕成
REN Xiao-xuan;CHEN Chang-yao;YU Xin-cheng(School of Economics and Management,Yunnan Normal University,Kunming 650500;International Business School Suzhou at XJTLU,Suzhou 215123)
出处
《财务与金融》
2023年第5期33-44,共12页
Accounting and Finance
关键词
金融科技
信贷
风险态度
政策建议
Fintech
Credit
Risk Attitude
Policy Recommendations
作者简介
任晓昡,男,云南师范大学经济与管理学院硕士研究生,研究方向:金融科技、公司金融;陈长瑶,男,云南师范大学经济与管理学院教授、博士生导师,研究方向:区域经济开发与管理、边疆经济地理;余昕成,男,西交利物浦大学西浦国际商学院本科生,研究方向:科技金融与区域发展。
