Market structure and competitiveness of Credit Associations and Credit Cooperatives in Japan
by Shinya Minegishi
International Journal of Monetary Economics and Finance (IJMEF), Vol. 5, No. 3, 2012

Abstract: This paper investigates how the consolidation process has affected the market structure and the degree of competition within Credit Associations (CA) and Credit Cooperatives (CC) in Japan. From the estimated results, I tentatively find they operate in an environment without collusive behaviour. The magnitudes of competitiveness by H-statistics suggest mutual financial institutions do not necessarily make decisions only for their own benefit but also consider the social welfare in their community. These results represent the geographical restriction to mutual financial institutions affects to the competitiveness, but the other factors such as good corporate governance relate to the market structure.

Online publication date: Tue, 11-Sep-2012

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Monetary Economics and Finance (IJMEF):
Login with your Inderscience username and password:

    Username:        Password:         

Forgotten your password?


Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com