The Influence of Macroeconomic Factors and Banking Fragility on Offshore Banking Unit (OBU)

doi:10.6126/APMR.2013.18.4.04

政大機構典藏 > 商學院 > 國際經營與貿易學系 > 期刊論文 > Item 140.119/78234

Please use this identifier to cite or link to this item: http://nccur.lib.nccu.edu.tw/handle/140.119/78234

Title:	The Influence of Macroeconomic Factors and Banking Fragility on Offshore Banking Unit (OBU)
Authors:	Chen, Jo-Hui;Wang, Yu-Fen;Ko, Chia-Che;Francis, Diaz John
Contributors:	國貿系
Keywords:	banking fragility;Offshore banking unit (OBU);seemingly unrelated regression (SUR)
Date:	2013-12
Issue Date:	2015-09-03 14:57:00 (UTC+8)
Abstract:	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.
Relation:	Asia Pacific Management Review, 18(4), 407-425
Data Type:	article
DOI 連結:	http://dx.doi.org/10.6126/APMR.2013.18.4.04
DOI:	10.6126/APMR.2013.18.4.04
Appears in Collections:	[國際經營與貿易學系 ] 期刊論文

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