DID Japanese main banks improve the technical efficiencies of their non-financial client firms in the 1980s?

Luke Gower*, Kali Kalirajan

*Corresponding author for this work

Research output: Contribution to journalArticle

1 Citation (Scopus)


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 languageEnglish
Pages (from-to)455-466
Number of pages12
JournalJapan and the World Economy
Issue number4
Publication statusPublished - 1 Oct 1998
Externally publishedYes



  • G21
  • Main banks

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