摘要
本文基于中国102家城市商业银行2014-2021年度数据,实证分析空气污染短期内对银行绩效的影响。研究发现:短期内空气污染对银行绩效存在促进作用,且该促进作用主要受高污染天气驱动;空气污染可以通过降低银行不良贷款率促进银行绩效提高,但不能通过贷款利率渠道对银行绩效产生影响,反映中国城市商业银行在空气污染风险定价方面仍有较大提升空间;经济政策不确定性和政府环境信息披露水平的提高将降低空气污染短期内对银行绩效的影响;空气污染对银行绩效的促进作用在规模较大、风险水平较低及位于南方地区的银行样本中相对显著。
This paper empirically tests the short-term impact of air pollution on bank performance using data of 102 urban commercial banks in China from 2014 to 2021.The following conclusions are drawn:firstly,in the short-term,air pollution has a promoting effect on bank performance,which is mainly driven by the frequency of high pollution days;secondly,the promotion effect is mainly achieved through reducing the non-performing loan ratio of banks,while the loan interest rate channel is not significant,reflecting that there is still significant room for improvement in the pricing of air pollution risks by Chinese urban commercial banks;thirdly,the increase in economic policy uncertainty and government environmental information disclosure will reduce the short-term impact of air pollution on bank performance;fourthly,the promotion effect of air pollution on bank performance is more pronounced in banks with larger scales,lower risk levels,and located in southern regions.
作者
潘志磊
李守伟
龚晨
PAN Zhi-lei;LI Shou-wei;GONG Chen
出处
《现代金融研究》
CSSCI
北大核心
2024年第10期36-47,共12页
Journal of modern finance
基金
国家文化英才培养工程专项资助项目
江苏高校哲学社会科学研究重大项目(2023SJZD023)
江苏省社科基金一般项目(23GLB009)
中央高校基本科研业务费专项资金(No.2242024S30033)
江苏省研究生科研与实践创新计划项目(KYCX24_0496)
东南大学博士研究生创新能力提升计划(CXJH_SEU 24155)的资助。
关键词
空气污染
银行绩效
经济政策不确定性
环境监管
air pollution
bank performance
economic policy uncertainty
environmental regulation
