摘要
本文以商业银行的不良贷款率和对经济增长的贡献度分别作为其微观绩效和宏观绩效的代理变量,建立了宏观绩效与微观绩效相关性的误差修正模型,通过对我国13家商业银行1995—2005年的数据进行分析,揭示两者之间的关系。本文研究结果表明:商业银行对经济增长的贡献度越大,不良贷款率越高,两重绩效之间存在替代关系,均衡误差项存在反向修复机制。最后,本文分析了误差修正模型的政策含义,提出缓解两重绩效冲突的政策措施。
The article takes the NPL ratio of commercial banks and the contribution of commercial banks to economic growth as proxy variables of macroscopic and microscopic performances of commercial banks. It establishes the error correction model of the correlation of macroscopic and microscopic performances, analyzes the data about 13 China＇s commercial banks from 1995 to 2005, and reveals the relationship between macroscopic and microscopic performances. The results show that the more the contribution of commercial banks to economic growth is, the higher the NPL ratio of commercial banks is, meaning these two performances substitute each other; equilibrium deviation implies a reverse correction mechanism. Finally, the article analyzes the policy implications of error correction model, and proposes measures to alleviate the conflict between macroscopic and microscopic performances.
出处
《上海金融》
CSSCI
北大核心
2011年第12期92-95,共4页
Shanghai Finance
关键词
商业银行
微观绩效
宏观绩效
误差修正模型
Commercial Bank
Microscopic Performance
Macroscopic Performance
Error Correction Model
