Fintech and the economic capital of Chinese commercial bank's risk: Based on theory and evidence
本文利用2011年1月至2019年9月中国数据，通过动态面板GMM估计，发现金融科技对不同规模银行的经济资本影响存在差异，大型国有银行在规模、资本和经验上具有优势，且银行资产规模与经济资本负相关。
Abstract This article examines the impact of “finance + technology” (Fintech) on different sizes of banks economic capital through the application of Fintech perspective in China during the period January 2011 and September 2019, using a dynamic panel generalized method of moments (GMM) estimation technique. The study found compared with small and medium‐sized banks, large state‐owned commercial banks have advantages in scale, capital and experience. There is a negative correlation between the scale of assets of commercial banks and economic capital. Further tests reveal the impact of Fintech on the profitability of different types of commercial banks shows significant heterogeneity.