Research On The Measurement And Influencing Factors Of City Commercial Banks' Total Factor Productivity

City commercial banks as the banking industry "third echelon" since its inception in 1995,have been developing rapidly,actively committing to develop local economy,and providing financial assistance for small and micro businesses,with an important influence on the development of the financial market in china.But limited to small scale,lack of innovation and vague development orientation,city commercial banks reach the bottleneck.Meanwhile,new changes have taken place in the macroeconomic environment,so factors affecting total factor productivity(TFP)and their impacts have changed,and city commercial banks' business needs to make new adjustment accordingly.Therefore,it is important to analyze changes of TFP,and find factors that affect TFP obviously.This paper applies Hicks-Moorsteen index in TFP research,decomposes TFP,provides comparative analysis of city commercial banks' TFP in different regions and with different asset size,and compares TFP of commercial banks with different ownership.Then,based on the analysis of previous researches and the new economic environment,this paper constructs a panel data model to test influence factors,and according to different size and area,finds corresponding factors.Finally,this paper focuses on the development of city commercial banks in the future,and puts forward suitable policy suggestions.According to the empirical results,technological progress and mix efficiency have the largest fluctuation,the technological progress is deficient,and the mix efficiency contributes most to the increase of TFP,staying lowest among efficiency indexes.In terms of impact factors,macroeconomic indicators and part of micro indexes have a significant impact on the city commercial banks' TFP.The proportion of non interest income,non-performing loan ratio and capital expansion only have a significant impact on specific city commercial banks.Based on the empirical analysis of chapter three and chapter four,to improve TFP,city commercial banks need to run cross regional business,expanding the scale effect,and carry out financial innovation for changes of macro-environment,making the business diversified;in terms of internal governance,city commercial banks should list rationally rather than blindly,strictly control asset quality,and implement sustainable management;for the shock of the Internet Finance,city commercial banks should take use of the Internet technology proactively,strengthen online platform cooperation,build direct banks and intelligent branches,and provide online services with character.