国际贸易、技术进步和中国工业行业的生产率增长

本文研究了一国的最优银行结构怎样随着经济中资本的积累而变化。我们证明了,经济增长过程中,随着资本的积累,最优银行结构所要求的银行规模越来越大。对这种银行结构的偏离会导致福利的严格下降,并有可能使经济中某些成员无法获得银行服务。本文的结论说明,我国作为一个发展中国家,由于资本的相对稀缺,更应该发展中小银行。这样可以促进经济的成长并提高福利。

INTERNATIONAL TRADE,TECHNOLOGICAL PROGRESS AND PRODUCTIVITY GROWTH OF CHINESE INDUSTRIES

This paper studies the optimal banking structure.We prove that with the accumulation of capital,optimal bank size becomes bigger.Any deviation from this optimal bank size will result in the loss of welfare and decrease of the availability of banking services.As a developing country,capital is relatively scarce in China.Therefore,China should promote small banks,which can facilitate economic development and raise welfare.