WHAT CAUSES THE EFFICIENCY AND THE TECHNOLOGY GAP UNDER DIFFERENT OWNERSHIP STRUCTURES IN THE CHINESE BANKING INDUSTRY?

被引:15
|
作者
Lee, Chi-Chuan [1 ]
Huang, Tai-Hsin [2 ]
机构
[1] Beijing Normal Univ Zhuhai, Sch Management, Zhuhai 519087, Peoples R China
[2] Natl Chengchi Univ, Dept Money & Banking, Taipei 11605, Taiwan
关键词
METAFRONTIER PRODUCTION FUNCTION; WESTERN-EUROPEAN BANKS; COST EFFICIENCY; TECHNICAL EFFICIENCY; RISK-TAKING; PERFORMANCE EVIDENCE; MARKET CONCENTRATION; FRONTIER; REFORM; FIRMS;
D O I
10.1111/coep.12409
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper estimates and compares the cost efficiency of the Chinese banking industry among different ownership types for the period 2003-2014, using the stochastic metafrontier model. We find that foreign banks have the lowest cost frontier, while state-owned commercial banks undertake the least sophisticated technology. Moreover, the results of the upward trend in the technology gap ratio (TGR) and in metafrontier cost efficiency support that a more open financial market is able to enhance banking efficiency. As for the role of environmental conditions, off-balance sheet items, non-performing loans, and financial market structure significantly impact the TGRs of different bank types. (JEL C51, G21, D24)
引用
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页码:332 / 348
页数:17
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