金融管制的产业经济学分析

本文借用可竞争市场理论 (特别是沉淀成本的概念 ) ,证明了合理的市场结构并不一定是有效结构 ,因而对合理市场结构要进行适度的管制 ;由于存贷款市场的沉淀成本较高 ,说明对存贷款市场的管制不能放松。本文认为 ,金融管制在历史上起到了避免破坏性竞争的作用 ,现在仍然需要金融管制发挥这种作用。金融管制的目的不是限制竞争和保护垄断 ,而是为了保证金融体系的安全与稳健。

An Analysis on Financial Regulation in Method of Industrial Economics

Using the theory of contestable market, this paper gets to the following conclusions: The contestable market structure won't surely be effectual even if it might be rational; So it's essential to put appropriate control on rational market structure. There are high sunk costs in the market of Credit-Debt, so it can't be deregulation in this market. This paper deem that regulation has avoid destructible competition in history and it's necessary to continue develop this function today. The purpose of regulation isn't restrict competition and protect oligopoly, but assure the safe and stabilization of financial system.