@article{oai:osu.repo.nii.ac.jp:00002391,
 author = {劉, 旭東 and 門, 闖 and LIU, Xudong and MEN, Chuang},
 issue = {1},
 journal = {大阪産業大学経済論集, OSAKA SANGYO UNIVERSITY JOURNAL OF ECONOMICS},
 month = {Nov},
 note = {In this study, we argue the relationship between interest rate liberalization and the profitability of banks in China. Using a novel dataset collected from Chinese commercial banks annual reports 2007-2019, this study shows that the improvement of interest rate liberalization has not affected the profitability of banks. We found that the increase in the degree of market competition leads to a decrease in the profit. However, in the early stage of interest rate liberalization, less competition pressure was not a big challenge, where the progress in marketization contributed to the profitability of banks. In addition, when banks were divided into three types, namely, joint-stock, city, and rural commercial banks, we found that the pressure from liberalization was concentrated on small and medium-sized commercial banks. Furthermore, as a response to market competition, non-interest income to diversify revenue sources has not contributed to improving the profitability of banks.},
 pages = {41--59},
 title = {金利自由化と銀行収益性―中国の商業銀行年報データに基づく実証分析},
 volume = {23},
 year = {2021}
}