CAJ | 학술논문

本文使用2004—2009年我国143家商业银行的贷款结构数据，研究了资本监管与银行贷款结构之间的关系，以此检验现行资本监管制度的有效性。结果发现，现行的资本监管制度能有效引导商业银行的贷款配置行为，资本约束的存在使得资本不足的商业银行发放更多的低资本消耗型贷款，个人贷款比例上升，信用贷款的比例下降；资本水平较高的银行则会发放更多的高资本消耗型贷款以提高贷款收益，信用贷款的比例上升，个人贷款比例则下降。此外，资本水平对贷款结构的影响还存在一定的规模差异，资本约束机制对小银行更有效。本文的发现为监管当局的资本监管制度提供了经验证据，并提出了差异化监管的政策建议。
본문사용2004—2009년아국143가상업은행적대관결구수거，연구료자본감관여은행대관결구지간적관계，이차검험현행자본감관제도적유효성。결과발현，현행적자본감관제도능유효인도상업은행적대관배치행위，자본약속적존재사득자본불족적상업은행발방경다적저자본소모형대관，개인대관비례상승，신용대관적비례하강；자본수평교고적은행칙회발방경다적고자본소모형대관이제고대관수익，신용대관적비례상승，개인대관비례칙하강。차외，자본수평대대관결구적영향환존재일정적규모차이，자본약속궤제대소은행경유효。본문적발현위감관당국적자본감관제도제공료경험증거，병제출료차이화감관적정책건의。
This paper studies the effect of capital regulation on the behavior of banks＇ loan allocation in China. Using 143 commercial banks＇ unbalance panel data, we find out that capital regulation have important effect on the behavior of banks＇ loan allocation. Banks will adjust loan structure according their capital status after 2004. Capita/-adequacy bank hold more highly - capita/consumption loan, the credit loan ratio rise, however, the under - capital bank hold more low - capital consumption loan, the private loan ratio rise. We also find the difference of bank loan allocation behavior between bank sizes. All these found provide evidence for the policy of capital regulation.