导　　师： 符淼

学科专业： 020206

授予学位： 硕士

作　　者： ;

机构地区： 广东外语外贸大学

摘　　要： 本文研究股份制商业银行全要素生产率，并分析市场竞争对其影响。首先回顾国内外银行业关于竞争、外资银行进入对生产率影响的研究文献，使用了DEAMalmquist指数法估算2000-2011年我国股份制商业银行全要素生产率变化，并分析市场竞争、外资银行进入对股份制商业银行全要素生产率的影响。经测算，股份制商业银行全要素生产率的增长主要依靠技术进步。福建兴业银行全要素生产率平均增长幅度最大。在市场势力方面，股份制商业银行平均勒纳指数有较大变化，部分股份制商业银行从负值转为正值，整体不断上升。其中，企业法人创办的股份制商业银行平均勒纳指数高于地方政府牵头创办的股份制商业银行，差距逐渐缩小。采用面板数据模型回归的结果显示，股份制商业银行全要素生产率与市场势力、外资银行进入程度、资产规模和第一大股东股权性质具有显著关系。股份制商业银行全要素生产率与勒纳指数成正相关关系，说明市场势力越大，全要素生产率越高；与外资银行的资产份额有显著正相关关系，说明外资银行的积极效应对股份制商业银行的作用明显；与资产规模成正相关关系，说明资产规模扩充有助于全要素生产率提升；第一大股东股权性质为国家股时，股份制商业银行全要素生产率较高。资产费用率与股份制商业银行全要素生产率关系有不明显的正相关关系。因此，本文建议股份制商业银行主动迎接民营银行挑战，学习外资银行长处，适当扩充资产规模，改善人力资源管理，完善激励机制，鼓励产权多元化，加大金额创新力度。 The article measured the total factor productivity changes of China joint-stockcommercial banks and analyzed the influence from competition. The article firstlyreviewed the literatures about the effect of competition and foreign banks’entrance onbanks’ productivity in domestic and foreign countries, estimated the total factorproductivity changes of China joint-stock commercial banks during2000and2011bythe DEA Malmquist index method, and analyzed the effect of competition and foreignbanks’ entry to the total factor productivity of joint-stock commercial banks in China.The results told us that the total factor productivity of ordinary joint-stock commercialbanks was driven by technical changes. The average total factor productivity ofIndustrial Bank increased most. On the side of market power, the average Lernerindexes of the joint-stock commercial banks changed from negative to positive. TheLerner indexes of joint-stock commercial banks built by business entity were higherthan the joint-stock commercial banks built by local governments, but the gap wasnarrowing. After using panel data regression model, the result showed that thejoint-stock commercial banks had significant correlation with the Lerner index,foreign banks’ entry, asset size and the first big shareholder equity properties. Thetotal factor productivity of the joint-stock commercial banks had significant positiverelationship with the Lerner index, which meant that the greater market power, thehigher total factor productivity. It had significant positive relationship with foreignbanks’ entry, which meant that the foreign banks had distinctive positive effect on thejoint-stock commercial banks. It had significant positive relationship with the assetsize, which meant that the expansion of asset size was helpful to increase the totalfactor productivity. It also had relationship with the first big shareholder equityproperties, which meant that the total factor productivity was high when state shareswere participated. The joint-stock commercial banks had indistinctive relationshipwith cost rate of asset. Thus, the article suggested that joint-stock commercial bankstake the initiative to the challenges of private banks, learn foreign banks strengths,enlarge asset size appropriately, improve human resources management, perfectincentive system, multiple property rights and encourage financial innovation.

关 键 词： 股份制商业银行 全要素生产率 指数法 勒纳指数 面板数据模型

分 类 号： [F832.33 F224]

领　　域： [经济管理] [经济管理]