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- Title
The effectiveness of lending facilities in China--evidence from bank lending.
- Authors
Wei Deng; Zhigang Ouyang; Guochao Yang; Sai Xiao
- Abstract
This study examines the impact of lending facilities on commercial banks' lending and its underlying mechanism by employing the difference-in-difference method utilizing Chinese banking data. It is found that lending facilities significantly increase the scale of lending by commercial banks through the channel of the eligible collateral, and this effect has increased over time. The findings confirm for the first time that lending facilities in China play a credit promotion role through the channel of the eligible collateral, providing empirical evidence in the Chinese context of the effectiveness on lending facilities and important insights for improving lending facility operations.
- Subjects
CHINA; BANKING industry; BANK loans; TAX credits; DATA analysis
- Publication
China Economic Quarterly International, 2023, Vol 3, Issue 1, p13
- ISSN
2666-9331
- Publication type
Article
- DOI
10.1016/j.ceqi.2023.02.001