Publications-Periodical Articles

Article View/Open

Publication Export

Google ScholarTM

NCCU Library

Citation Infomation

Related Publications in TAIR

題名 The Influence of Macroeconomic Factors and Banking Fragility on Offshore Banking Unit (OBU)
作者 Chen, Jo-Hui;Wang, Yu-Fen;Ko, Chia-Che;Francis, Diaz John
貢獻者 國貿系
關鍵詞 banking fragility;Offshore banking unit (OBU);seemingly unrelated regression (SUR)
日期 2013-12
上傳時間 3-Sep-2015 14:57:00 (UTC+8)
摘要 This paper focuses on the offshore banking units (OBUs) of Taiwan, Singapore, Hong Kong, Japan, Malaysia, and Thailand as research samples and uses the bank competition index to separate both perfect competition and oligopoly. We employ the seemingly unrelated regression (SUR) model to examine the differences in the influence of OBU assets from macroeconomic factors and the degree of banking fragility. The empirical results from our monthly data from 1996-2005 suggest that the constrained equations of the SUR model are suitable for evaluating the OBUs. The main factors affecting OBU assets were the ratio of imports to GDP, financial deepening index, lending-deposit rate differences, banking sector fragility, M2 multiplier, and real exchange rates. If a regional crisis occurs, the spillover effect could be more easily avoided by having more restrictions on OBU loans. By contrast, Thailand and Malaysia have loose expansionary financial systems, leading to crisis occurrence.
關聯 Asia Pacific Management Review, 18(4), 407-425
資料類型 article
DOI http://dx.doi.org/10.6126/APMR.2013.18.4.04
dc.contributor 國貿系
dc.creator (作者) Chen, Jo-Hui;Wang, Yu-Fen;Ko, Chia-Che;Francis, Diaz John
dc.date (日期) 2013-12
dc.date.accessioned 3-Sep-2015 14:57:00 (UTC+8)-
dc.date.available 3-Sep-2015 14:57:00 (UTC+8)-
dc.date.issued (上傳時間) 3-Sep-2015 14:57:00 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/78234-
dc.description.abstract (摘要) This paper focuses on the offshore banking units (OBUs) of Taiwan, Singapore, Hong Kong, Japan, Malaysia, and Thailand as research samples and uses the bank competition index to separate both perfect competition and oligopoly. We employ the seemingly unrelated regression (SUR) model to examine the differences in the influence of OBU assets from macroeconomic factors and the degree of banking fragility. The empirical results from our monthly data from 1996-2005 suggest that the constrained equations of the SUR model are suitable for evaluating the OBUs. The main factors affecting OBU assets were the ratio of imports to GDP, financial deepening index, lending-deposit rate differences, banking sector fragility, M2 multiplier, and real exchange rates. If a regional crisis occurs, the spillover effect could be more easily avoided by having more restrictions on OBU loans. By contrast, Thailand and Malaysia have loose expansionary financial systems, leading to crisis occurrence.
dc.format.extent 311615 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) Asia Pacific Management Review, 18(4), 407-425
dc.subject (關鍵詞) banking fragility;Offshore banking unit (OBU);seemingly unrelated regression (SUR)
dc.title (題名) The Influence of Macroeconomic Factors and Banking Fragility on Offshore Banking Unit (OBU)
dc.type (資料類型) articleen
dc.identifier.doi (DOI) 10.6126/APMR.2013.18.4.04
dc.doi.uri (DOI) http://dx.doi.org/10.6126/APMR.2013.18.4.04