Market structure, risk taking, and the efficiency of Chinese commercial banks
نویسندگان
چکیده
Article history: Received 29 July 2013 Received in revised form 10 June 2014 Accepted 18 June 2014 Available online 25 June 2014 We investigate the impacts of market structure and bank risk taking on the efficiency of Chinese commercial banks, employing a two-stage semi-parametric data envelopment analysis model. Our empirical results show that the intense market competition compels Chinese commercial banks to develop advanced technical experience and skills, thus improving their technical efficiency. Besides, the technical efficiency is positive associated with the risk taking. Since more risk taking implies a credit expansion of Chinese commercial banks based on the soft risk constraint, the improvement of technical efficiency may accompany an accumulation of banking risks in the current financial system of China. © 2014 Elsevier B.V. All rights reserved. JEL classification: G21 G28 C14
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تاریخ انتشار 2016