财经理论与实践2025，Vol.46Issue(3)：18-25,8.DOI:10.16339/j.cnki.hdxbcjb.2025.03.003
利率市场化、信贷市场竞争与农商银行比较优势
Interest Rate Liberalization,Credit Market Competition and the Comparative Advantage of Rural Commercial Banks
摘要
Abstract
By constructing a PSM-DID model and using the panel data of 215 commercial banks from 2011 to 2019,this paper empirically studies the impact of interest rate liberalization reform on the comparative advantages of rural commercial banks in the competitive environment of the credit market.The results show that the interest rate liberalization reform has promoted the application of relationship lending by rural commercial banks,thus enhancing their compara-tive advantages in credit.Rural commercial banks have been compensated for the cost disadvanta-ges brought by relationship lending through increasing loan interest rates.Further research also finds that there are obvious regional differences in the policy effects.Based on this,it is necessary to continue to deepen the interest rate liberalization reform and improve the construction of infra-structure,so that rural commercial banks can give full play to their comparative advantages in credit and carry out dislocation competition with large banks.关键词
利率市场化/信贷市场竞争/信贷比较优势/关系型贷款Key words
interest rate liberalization/credit market competition/comparative advantage in credit/relationship lending分类
管理科学引用本文复制引用
王石琦,周鸿卫..利率市场化、信贷市场竞争与农商银行比较优势[J].财经理论与实践,2025,46(3):18-25,8.基金项目
国家社会科学基金一般项目(23BJL102) （23BJL102）
国家社会科学基金重大项目(21&ZD115) （21&ZD115）
