中国贷款利率自由化与
中小企业贷款供给约束
——基于SW贷款供给曲线的理论分析

经济理论与经济管理 ›› 2014, Vol. 34 ›› Issue (8): 78-88.

中国贷款利率自由化与
中小企业贷款供给约束
——基于SW贷款供给曲线的理论分析

赵平

浙江工商大学金融学院，杭州310018

收稿日期:2014-01-10 出版日期:2014-08-16 发布日期:2014-08-19
作者简介:赵平（1969—），男，甘肃临洮人，浙江工商大学金融学院副教授。
基金资助:
浙江省高校人文社科重点研究基地（浙江工商大学应用经济学）项目“中国贷款利率市场化的民营中小企业贷款难缓解效应：理论分析与经验证据”；教育部人文社科规划基金项目（13YJA790138）；国家自然科学基金项目（71373236）

CHINAS LOAN RATE LIBERALIZATION
AND LOAN SUPPLY CONSTRAINTS OF SMES
——Theoretical Analysis Based on SW Loan Supply Curve

ZHAO Ping

School of Finance,Zhejiang Gongshang University,Hangzhou 310018,China

Received:2014-01-10 Online:2014-08-16 Published:2014-08-19

摘要/Abstract

摘要： 本文立足SW模型的信息非对称及其逆向选择效应假设，基于贷款供给曲线理论并结合中国的信贷市场现实环境，创新性地提供了贷款利率自由化改革有助于缓解中小企业贷款供给约束的理论解释。本文研究的政策含义是：为了缓解中小企业贷款供给约束，需要加快推进我国银行存款利率管制的全面自由化进程，而根本之道还在于推行能够有效减弱信贷市场非对称信息的各种政策措施。

关键词: 贷款利率自由化 , 中小企业贷款 , 逆向选择 , SW贷款供给曲线

Abstract: Based on the fundamental assumptions about asymmetric information and the resulting adverse selection,this paper applied the SW loan supply curve to innovatively provide an explanation for hypothesis that China loan rate liberalization might alleviate the loan supply constraints of small and mediumsized enterprises (SMEs)The policy implication of this study suggested China should accelerate efforts to push the deposit rate liberalizationThe fundamental way to alleviate the loan supply constraints of SMEs lied in the policies that could effectively reduce the degree of asymmetric information in the Chinese loan market

Key words: loan rate liberalization , loans to SMEs , adverse selection , SW loan supply curve

赵平. 中国贷款利率自由化与
中小企业贷款供给约束
——基于SW贷款供给曲线的理论分析[J]. 经济理论与经济管理, 2014, 34(8): 78-88.

ZHAO Ping. CHINAS LOAN RATE LIBERALIZATION
AND LOAN SUPPLY CONSTRAINTS OF SMES
——Theoretical Analysis Based on SW Loan Supply Curve[J]. Economic Theory and Business Management, 2014, 34(8): 78-88.