Incentive contracts and bank performance - Evidence from rural China

被引：10

作者：

Li, Hongbin ^{[1
]}

Rozelle, Scott

Zhou, Li-An

机构：

[1] Chinese Univ Hong Kong, Dept Econ, Hong Kong, Hong Kong, Peoples R China

[2] Univ Calif Davis, Dept Agr & Resource Econ, Davis, CA 95616 USA

[3] Peking Univ, Guanghua Sch Management, Beijing, Peoples R China

来源：

ECONOMICS OF TRANSITION | 2007年 / 15卷 / 01期

关键词：

contract; transition; banking; China;

D O I：

10.1111/j.1468-0351.2007.00273.x

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper, using unique survey data from the banking industry in rural China, investigates the effect of incentive contracts on performance. In the context of China's economic transition, we find that the incentive contracts have a positive effect on the bank manager's performance in deposit taking and non-performing loan reduction. This finding is robust when we control for the endogeneity of incentive contracts. Our empirical results present evidence on the positive effects of incentive-based banking reforms in rural China.

引用

页码：109 / 124

页数：16

共 18 条

[1] Endogenous matching and the empirical determinants of contract form [J].

Ackerberg, DA ;

Botticini, M .

JOURNAL OF POLITICAL ECONOMY, 2002, 110 (03) :564-591

[2] Banks and enterprise privatization in China [J].

Brandt, L ;

Li, HB ;

Roberts, J .

JOURNAL OF LAW ECONOMICS & ORGANIZATION, 2005, 21 (02) :524-546

[3] Bank discrimination in transition economies: ideology, information, or incentives? [J].

Brandt, L ;

Li, HB .

JOURNAL OF COMPARATIVE ECONOMICS, 2003, 31 (03) :387-413

[4] Relative perfonnance evaluation and the turnover of provincial leaders in China [J].

Chen, Y ;

Li, HB ;

Zhou, LA .

ECONOMICS LETTERS, 2005, 88 (03) :421-425

[5]

Chiaporri P.-A., 2003, ADV EC ECONOMETRICS, P115

[6] Bureaucrats, state banks, and the efficiency of credit allocation: The experience of Chinese state-owned enterprises [J].

Cull, R ;

Xu, LC .

JOURNAL OF COMPARATIVE ECONOMICS, 2000, 28 (01) :1-31

[7]

GROVES T, 1994, Q J ECON, V109, P183, DOI 10.2307/2118432

[8]

Hausman JA., 1983, HDB ECONOMETRICS, P391, DOI [10.1016/S1573-4412(83)01011-9, DOI 10.1016/S1573-4412(83)01011-9]

[9] Regional decentralization and fiscal incentives: Federalism, Chinese style [J].

Jin, HH ;

Qian, YY ;

Weingast, BR .

JOURNAL OF PUBLIC ECONOMICS, 2005, 89 (9-10) :1719-1742

[10] Property rights and finance [J].

Johnson, S ;

McMillan, J ;

Woodruff, C .

AMERICAN ECONOMIC REVIEW, 2002, 92 (05) :1335-1356

← 1 2 →