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2篇 您的检索式:作者名="Feng Xiaochu"
    题名 作者 年代 出处 被引量
1Does Property Rights Reform Improve the Efficiency of China's State-owned Banks?显示文摘China's state-owned banks have undergone radical changes over the past two decades,including partial privatization and listing in both the Hong Kong Stock Exchange and the Shanghai Stock Exchange.This paper evaluates the effects of these changes by analyzing the efficiency of Chinese banks over the period 1998-2012 using two frontier techniques and comparative analysis.The findings suggest that the performance and technical efficiency of the Big Four banks improved considerably after property rights reform,but this improvement is not sufficient to keep the banks at the production frontier.Tobit regressions confirm that static ownership effects are negative but that the property rights reform has had significant and positive effects on the technical efficiency of state-owned commercial banks.GDP growth and the financial crisis have had positive effects on the efficiency of Chinese banks,which is more significant for joint stock commercial banks than state-owned commercial banks.The results indicate the value of ownership reforms of state-owned asset management companies and insurance companies and the establishment of a countercyclical capital buffer.Qian Wang Xiaochu Feng 2014China & World Economy2014,22,4:1
2Notes on the approximate space of cubic spline wavelet in H0^2 (Ⅰ) 显示文摘Feng Xiaochu 1994Journal of Xidian University1994,21,5:1
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