dc.description.abstract | In order to stimulate the economy market boom, the central bank had taken eased monetary policy in response to the financial crisis from the second half of 2008. Influenced by the flood of funds, the domestic real estate market raised sharply. In order to inhibit unreasonable prices soaring, the government has implemented many measures to curb housing prices since the second half of 2009. The purpose for those policies are to avoid credit excessive concentration to stabilize financial, to combat investors real estate speculation, to procure housing prices return to reasonable prices and to prevent the housing bubble. The central bank in order to prevent the housing market bubble, actively suppress the volume from both the demand and supply. Furthermore, luxury tax imposed from Ministry of Finance, causes short-term investors sidelined, and builders push the case appropriately adjusted, and reduce transaction volume of new homes and existing housing. FSC sets the three conditions for each bank in order to avoid excessive concentration in Real Estate Loans. Therefore, banks can only reduce making new real estate loans or provide additional loss reserves. Banks face management challenges because the impact of profit. It is an important issue to investigate whether makes resource distribution more efficiently by management direction adjustment.
This research is taking 33 domestic banks for example. We divide 33 banks into state-owned banks, medium and small scale private banks, and large scale private banks. The purpose of this research is to estimate the efficiency values of 33 domestic banks during pre-and post-housing market control measures period (from 2007 to 2013) by adoptinng DEA models and use malmqusit productivity index (MPI) to evaluate the relative efficiency and productivity.
The empirical results show that when using DEA to calculate the efficiency values, in the post-housing market control measures period, the efficiency values of state-owned banks and large scale private banks , are required to reduce the scale to improve efficiency. medium and small scale private banks need to increase the scale to improve efficiency. It can be seen, the implementation of control measures for the housing market does affect the management efficiency of banks. Further by using the malmquist productivity index, the results show that medium and small scale private banks’ productivity growth are superior to state-owned banks and large scale private banks in the post-housing market control measures period. | en_US |