Proceedings of the International Academic Conference on Frontiers in Social Sciences and Management Innovation (IAFSM 2018)

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Research on Impact of Macroeconomic Uncertainty on Credit Supply of Commercial Banks in China

Authors
Bin Yang, Zilin Zhou
Corresponding Author
Bin Yang
Available Online March 2019.
DOI
10.2991/iafsm-18.2019.19How to use a DOI?
Keywords
Macroeconomic Uncertainty; Commercial Banks; Credit Supplies; Impact
Abstract

Compared with the developed countries, the development of the capital markets in China are relatively backward. And indirect financing based on bank credit is still the main way of social financing. A lot of uncertain factors of the international markets have interposed in Chinese domestic markets, which increasing the uncertainty of the macroeconomic, with the deepening of China's reform and opening-up policy. This study applies GARCH model to measures the uncertainty of Chinese macroeconomic and panel data model to analyze the impact of macroeconomic uncertainty on the credit supplies of commercial banks. The results show that macroeconomic uncertainty has a significant negative impact on the credit supplies of commercial banks in China and a greater impact on unlisted commercial banks than listed banks. Besides, negative effects of macroeconomic uncertainty on the credit supplies of commercial banks can be reduced by improving the confidence of entrepreneurs in the future investment. In addition, the improvement of profitability of commercial banks can help to reduce the impact of macroeconomic uncertainty on its credit supplies, but the degree of decrease was weak.

Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the International Academic Conference on Frontiers in Social Sciences and Management Innovation (IAFSM 2018)
Series
Advances in Economics, Business and Management Research
Publication Date
March 2019
ISBN
978-94-6252-696-9
ISSN
2352-5428
DOI
10.2991/iafsm-18.2019.19How to use a DOI?
Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

risenwbib
TY  - CONF
AU  - Bin Yang
AU  - Zilin Zhou
PY  - 2019/03
DA  - 2019/03
TI  - Research on Impact of Macroeconomic Uncertainty on Credit Supply of Commercial Banks in China
BT  - Proceedings of the International Academic Conference on Frontiers in Social Sciences and Management Innovation (IAFSM 2018)
PB  - Atlantis Press
SP  - 118
EP  - 134
SN  - 2352-5428
UR  - https://doi.org/10.2991/iafsm-18.2019.19
DO  - 10.2991/iafsm-18.2019.19
ID  - Yang2019/03
ER  -