Competitiveness of credit associations and credit cooperatives in Japan

Matousek, Roman and Minegishi, Shinya and Stewart, Chris (2009) Competitiveness of credit associations and credit cooperatives in Japan. Centre for International Capital Markets discussion papers, 2009 (08). pp. 1-19. ISSN 1749-3412

[img]
Preview
Text
CentreForInternationalCapitalMarketsDiscussionPapers_2009-08_p01-19.pdf - Published Version

Download (154kB) | Preview
Official URL: http://www.londonmet.ac.uk/media/london-metropolit...

Abstract

This paper investigates how the consolidation process has affected the degree of competition within the segment of Credit Associations (CA) and Credit Cooperatives (CC) in Japan By applying our restricted model we find that Credit Association and Credit Cooperatives operate in monopolistic markets. The results correspond to research findings by Tsutsui and Kamesaka (2005), and Uchida and Tsutsui (2005). Our estimate indicates that size of mutual financial institution has a positive impact on revenue. The same may be seen for the number of branches. In fact, it means that the growth of banks activities is reflected in higher revenues.

Item Type: Article
Uncontrolled Keywords: Centre for International Capital Markets discussion papers; CICM discussion papers; international bank ratings; ordered choice models; country indicator variables
Subjects: 300 Social sciences > 330 Economics
Department: Guildhall School of Business and Law
Depositing User: Mary Burslem
Date Deposited: 20 Apr 2015 14:05
Last Modified: 20 Apr 2015 14:05
URI: http://repository.londonmet.ac.uk/id/eprint/434

Actions (login required)

View Item View Item