Research On The Total Factor Productivity And Its Influencing Factors Of The City Commercial Banks Of The Six Provinces Of Central China

China's economy has entered a period of transition and the growth rate of GDP dropped sharply.The city commercial banks of the six provinces of central China are growing and becoming more stronger but its total assets and human resources still relatively weaker compared to the large commercial banks.A problem worthy to be discussed that the city commercial banks of the six provinces of central China compete with joint-stock commercial bank,state-owned commercial banks and the city commercial banks of the seven provinces and three cities of eastern China.I have chosen 12 from 20 city commercial banks of the six provinces of central China for research.I construct a global Malmquist-Luenberger(GML)index with linear solution and transfer characteristic,based on DEA to calculate the total factor productivity of the 12 listed city commercial banks of the six provinces of central China during 2011 to 2015.Found under the condition of without considering the bad loans,city commercial banks almost no changes in total factor productivity,fell by 0.009% per year;In non-performing loans constraint conditions of downtown business annual total factor productivity fell by 2.07%,this shows that under the condition of without considering the bad loans of efficiency measure do form to city firm overvalued.And the other is a newly discovered during the period of 2011-2015,the city of state-owned firms increase by an annual rate of 0.57%,the private holding city commercial banks fell sharply 6.08% per year.But the total factor productivity of the city of state-owned firm level is still lower than the private holding city commercial banks,and there is a certain gap between them.Based on the results of the total factor productivity of the city commercial banks,to build a panel data model to the central city carries on the regression analysis the influence factors of the total factor productivity.Found that non-performing loans,asset rate,local fixed asset investment growth rate have a significant negative impact on the total factor productivity of the city commercial banks,estimated coefficient is 11.26,13.34 and 13.34 respectively.This shows that by reducing the non-performing loan ratio and asset rate can effectively improve the total factor productivity of city commercial banks.GDP growth,deposit-loan ratio,assets and state-owned equity share proportion of the estimated coefficients are failed to pass the test of significance.This shows that the GDP growth rate,deposit-loan ratio,assets and state-owned equity share proportion and city firms technical efficiency does not exist significant linear relationship.Private holding firm's total factor productivity level is always higher than the city state-owned city of total factor productivity of firm that stateowned shares of the central city business control below 50% is conducive to the improvement of total factor productivity.Their own capital ratio and the total factor productivity of the city commercial banks there is significant positive correlation,the estimated coefficient is 73.67.This is mainly in the process of measure the total factor productivity of the city commercial banks without considering their own capital opportunity cost.this is good for the total factor productivity of the city commercial banks related research that ignore city businesses of their own capital investment can cause certain influence to the total factor productivity of measure.