CAJ | 학술논문

针对传统的ML指数不具有传递性特征并且面临潜在的线性规划无解问题，本文提出一种新的测度模型：全域Malmquist-Luenberger生产率指数，重新估算了不良贷款约束下中国商业银行2001—2010年的全要素生产率增长及其分解，并对其收敛性进行检验。研究发现，中国商业银行全要素生产率的年均增长率为0．73％，股份制银行的全要素生产率高于国有控股银行，其主要来源于技术进步的作用；银行体制改革对其技术效率的提升具有一定促进作用，但影响逐渐减弱，为应对全球金融危机的宏观调控政策和审慎监管措施对中国商业银行技术进步具有负面影响；中国商业银行全要素生产率存在收敛趋势，非利息收入结构的优化有助于国有控股银行生产率的提高，成本费用的控制能够促进股份制银行生产率的收敛。
침대전통적ML지수불구유전체성특정병차면림잠재적선성규화무해문제，본문제출일충신적측도모형：전역Malmquist-Luenberger생산솔지수，중신고산료불량대관약속하중국상업은행2001—2010년적전요소생산솔증장급기분해，병대기수렴성진행검험。연구발현，중국상업은행전요소생산솔적년균증장솔위0．73％，고빈제은행적전요소생산솔고우국유공고은행，기주요래원우기술진보적작용；은행체제개혁대기기술효솔적제승구유일정촉진작용，단영향축점감약，위응대전구금융위궤적굉관조공정책화심신감관조시대중국상업은행기술진보구유부면영향；중국상업은행전요소생산솔존재수렴추세，비이식수입결구적우화유조우국유공고은행생산솔적제고，성본비용적공제능구촉진고빈제은행생산솔적수렴。
This paper constructs the global Malmquist -Luenberger productivity index, and then applies the index to re - estimate the total factor productivity and its components of China＇s commercial banks during 2001 - 2010 under the constraint of non -performing loans, and examines its convergence. The results show： The average TFP growth of China＇s commercial banks is 0.73%, and the TFP of the joint - stock banks is better than that of state - owned banks, which is mainly due to the improvement of technical progress. The reforms of banking system have an active effect on improving the technical efficiency, but the influence will be gradually decreased, in response to the global financial crisis, the macro - control policy and prudential regulation have negative effect on technical progress of China＇s commercial banks. The TFP of China＇s commercial banks shows convergence trend, the structure optimization of non - interest income is contributive to increase the productivity growth of state - owned banks ; the cost reduction can promote the convergence of ioint - stock banks.