Abstract
This paper tests the hypothesis that the Japanese main bank system was not effective in enhancing technical efficiency in the non-financial corporate sector in the 1980s. Technical efficiency is defined as the ratio of a firm's actual to its potential output for given input levels and technology. During the eighties, it did not improve consistently and significantly in Japanese manufacturing firms which have close ties to a main bank.
| Original language | English |
|---|---|
| Pages (from-to) | 455-466 |
| Number of pages | 12 |
| Journal | Japan and the World Economy |
| Volume | 10 |
| Issue number | 4 |
| Publication status | Published - 1 Oct 1998 |
| Externally published | Yes |
Keywords
- G21
- Main banks