1993－2003 Emprical Analysis on the Change of the China Banking Industry Market Structure: Panzar-Rosse Approach
The transitional process from a centralized economy to a market-oriented system and the reform of the financial system carried through during period 1993-2003 in China. The market structure and the overall efficiency in China banking industry had change more than ever. The paper utilizes the non-structure approach, Panzar－Rosse model, to accurately empirically examine the competition in China Banking Industry. The paper suggests that the market structure in China banking industry is monopolistic competition and the trend of the competition degree in banking industry is dropping. Although the industry is monopolistic competition, the competition environment of the four state-owned commercial banks has a characteristic , which market structure is nearly perfect competition. The other ten joint-stock commercial banks have a competition degree obviously lower than that of the four state-owned commercial banks. And all of these provide the accurate theory basis for the financial decision-making sector to design the effective economical and financial policy.
banking industry market structure Panzar－Rosse model ,H statistics
赵子铱 彭琦 邹康
西安交通大学,西安,710061 西南财经大学,成都,610074
国际会议
昆明
英文
2005-07-05（万方平台首次上网日期，不代表论文的发表时间）