中文摘要：

借助于2003年至2012年在中国运营的126家商业银行的年度统计数据，同时在对相关统计数据库中原始统计数据进行细致补充和多重插补等统计方法处理的基础上，本文采用随机前沿模型对中国商业银行的技术效率进行测量。重点从商业银行个体特征层面、市场结构以及宏观经济运行状况等多个方面利用贝叶斯模型平均方法考察中国商业银行效率的影响因素。结合上述相关经验研究结果，本文给出了有关于中国银行业深化改革的相关政策建议。

英文摘要：

Based on the annual data of China＇ s 126 commercial banks from 2003 to 2012, the paper expands and imputes the o- riginal statistical data to cope with the missing data, and then measures the technical efficiency by using the stochastic frontier model. Consequently, the paper uses the Bayesian model averaging method to explore the determinants of the measured technical efficiency, which include the commercial banks＇ specific characters, market structure and macroeconomic conditions. Finally, the paper gives some policy advice on deepening China＇ s banking industry reform based on the emoirical results.