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Banking System Efficiency and Chinese Regional Economic Growth — an Empirical Analysis Based on Banks' Micro-efficiency

机译:银行体系效率与中国区域经济增长-基于银行微观效率的实证分析

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Based on the cost efficiency of individual banks, this essay constructs an indicator to shed light to Chinese regional banking system credit allocation efficiency in accordance with the panel data of the provinces and autonomous districts of China. When applying this variable into the growth equation and making regression, the estimation results demonstrate strong positive relationship between regional banking systems' efficiency and regional growth rate. This paper presupposes that banking system's capability to identify promising entrepreneurs and promote the optimal allocation of credit can be proximately depicted by the indicator of banking system efficiency. In this way, we can drawtbe conclusion that the banking system can exert their influence on the process of economic growth not only through capital accumulation effect but also credit allocation effect
机译:基于各家银行的成本效率,本文根据中国各省市自治区的面板数据,构建了一个指标体系,以期为我国区域银行体系信贷配置效率提供参考。当将该变量应用到增长方程中并进行回归时,估计结果表明区域银行体系的效率与区域增长率之间具有很强的正相关关系。本文假定银行系统效率指标可以最接近地描述银行系统识别有前途的企业家并促进信贷最佳配置的能力。这样,我们可以得出结论,银行系统不仅可以通过资本积累效应而且可以通过信贷分配效应对经济增长过程施加影响。

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