Effects of Credit Market Freedom on Output Reallocation in China's Banking Sector Through the Intermediation of Cost X-inefficiency

Yap Woon Kan; Law Siong Hock; Abdul-Ghani Judhiana

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Effects of Credit Market Freedom on Output Reallocation in China's Banking Sector Through the Intermediation of Cost X-inefficiency

机译：信用市场自由对中国银行业产出重新分配的影响通过成本X效率的中介

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This study examines the effects of credit market freedom on the dynamics of Chinese banks' output reallocation through the intermediation of cost X-inefficiency. We find two distinct regimes that underpin the mechanism of foreign banks and domestic banks respectively. Credit market freedom is found to significantly foster cost X-efficiency among the foreign banks, which subsequently lead to marginally more efficient allocation of outputs with efficient foreign banks gain market shares at the expense of those inefficient ones. On the other hand, the same circuit of effects does not apply to the domestic banks. Therefore, arguably foreign banks attach more importance to efficiency, while domestic banks leech on to state protection for their respective existence.

机译：本研究探讨了信贷市场自由对中国银行产出重新分配动态的影响通过成本X效率的中介。我们发现两种不同的制度分别为外国银行和家庭银行的机制提供了支撑。信用市场自由被发现，在外国银行之间大大培养成本X效率，随后导致高效的外国银行利用这些低效的外国银行获得市场份额的效率较高。另一方面，相同的效果电路不适用于家庭银行。因此，可以说，外国银行更加重视效率，而国内银行水蛭对国家的各自存在保护。

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来源
《Nature reviews neuroscience》 |2019年第2期|共30页
作者
Yap Woon Kan; Law Siong Hock; Abdul-Ghani Judhiana;
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作者单位

Univ Putra Malaysia Fac Econ &

Management Dept Econ Seri Kembangan Selangor Malaysia;

Univ Putra Malaysia Fac Econ &

Management Dept Econ Seri Kembangan Selangor Malaysia;

Univ Putra Malaysia Fac Econ &

Management Dept Econ Seri Kembangan Selangor Malaysia;

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原文格式 PDF
正文语种 eng
中图分类神经生理学;
关键词
Economic freedom; Cost X-efficiency; Resource reallocation; Boone indicator;

机译：经济自由;成本X效率;资源重新分配;Boone指标;

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1. Effects of Credit Market Freedom on Output Reallocation in China's Banking Sector Through the Intermediation of Cost X-inefficiency [J] . Yap Woon Kan, Law Siong Hock, Abdul-Ghani Judhiana Nature reviews neuroscience . 2019,第2期

机译：信用市场自由对中国银行业产出重新分配的影响通过成本X效率的中介
2. Basic Problems and Corresponding Risks of the Corporate Credit Market, Relating to Real Sector in Turkish Banking Sector: An Example of Construction Sector [J] . Cenap Mengü Tun?ay Journal of Economics and Sustainable Development . 2017,第24期

机译：企业信用市场的基本问题和对应风险，与土耳其银行业的实际部门有关：建设部门的一个例子
3. Effects of Credit Market Freedom on the Convergence of Chinese Banks' Profits [J] . Yap Woon Kan, Law Siong Hook, Naseem N. A. M. Global economic review . 2018,第2期

机译：信贷市场自由度对中国银行利润趋同的影响
4. Macro-stress testing of credit risk for Chinese Banking sector: Two comparative approaches [C] . Li Zhaoyuan, Liu Sibo, Tian Maozai 2011 8th International Conference on Service Systems and Service Management . 2011

机译：中国银行业信用风险的宏观压力测试：两种比较方法
5. Banking Sector Fragility: Market Failure, Liquidity Crunch and Credit Shock. [D] . Tian, Jianbo. 2010

机译：银行业的脆弱性：市场失灵，流动性紧缩和信贷冲击。
6. Competition capital growth and risk-taking in emerging markets: Policy implications for banking sector stability during COVID-19 pandemic [O] . Miroslav Mateev, Muhammad Usman Tariq, Ahmad Sahyouni, 2021

机译：在新兴市场的竞争资本增长和风险造型：在Covid-19大流行期间对银行业稳定性的政策影响
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Effects of Credit Market Freedom on Output Reallocation in China's Banking Sector Through the Intermediation of Cost X-inefficiency

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