ABSTRACT

This paper builds a new dataset on bank ownership and finds no evidence of a negative correlation between state-ownership of banks and economic growth. Banking crises predict increases in state-ownership but that there is no evidence that high state-ownership predicts banking crises. Contrary to past literature, the paper also shows that recent data show no difference between the profitability of private and public banks located in emerging and developing economies. The paper corroborates the existing literature which shows that in emerging and developing economies lending by state-owned banks is less procyclical than private bank lending.

摘要

本文建立了一个关于银行所有权的新数据集，并没有发现银行国有所有权与经济增长之间存在负相关关系的证据。银行业危机预示着国有制的增加，但没有证据表明高国有制预示着银行业危机。与过去的文献相反，该论文还表明，最近的数据表明，位于新兴经济体和发展中经济体的私人银行和公共银行的盈利能力之间没有差异。该文件证实了现有文献表明，在新兴和发展中经济体中，国有银行贷款的顺周期性低于私人银行贷款。