Has Competition in the Japanese Banking Sector Improved?



Table 4. Results of simultaneous estimation of eqs. (7), (8), and (9):

regional banks_______________________________________

Parameter

________________________________________________E

MVR

Estimate

P-value

3SLS

Estimate

P-value

θ 1974

0.624

[.000]

0.380

[.000]

θ 1975

0.511

[.000]

0.274

[.000]

θ 1976

0.473

[.000]

0.226

[.000]

θ 1977

0.365

[.000]

0.137

[.000]

θ 1978

0.407

[.000]

0.165

[.000]

θ 1979

0.487

[.000]

0.261

[.000]

θ 1980

0.389

[.000]

0.247

[.000]

θ 1981

0.264

[.000]

0.135

[.000]

θ 1982

0.334

[.000]

0.200

[.000]

θ 1983

0.323

[.000]

0.193

[.000]

θ 1984

0.239

[.000]

0.142

[.000]

θ 1985

0.242

[.000]

0.160

[.000]

θ 1986

0.259

[.000]

0.187

[.000]

θ 1987

0.180

[.000]

0.148

[.000]

θ 1988

0.337

[.000]

0.307

[.000]

θ 1989

0.365

[.000]

0.335

[.000]

θ 1990

0.282

[.000]

0.283

[.000]

θ 1991

0.337

[.000]

0.314

[.000]

θ 1992

0.338

[.000]

0.304

[.000]

θ 1993

0.274

[.000]

0.246

[.000]

θ 1994

0.392

[.000]

0.376

[.000]

θ 1995

0.285

[.000]

0.316

[.000]

θ 1996

0.391

[.000]

0.413

[.000]

θ 1997

0.381

[.000]

0.417

[.000]

θ 1998

0.563

[.000]

0.555

[.000]

θ 1999

0.693

[.000]

0.698

[.000]

θ 2000

0.720

[.000]

0.722

[.000]

a 0

9.637

[.000]

9.635

[.000]

a 1

0.178

[.000]

0.575

[.000]

a 2

0.316

[.000]

0.837

[.000]

a 3

0.698

[.000]

0.288

[.000]

a 4

0.146

[.102]

0.807

[.000]

a 5

-0.263

[.000]

-0.239

[.000]

a 6

-0.393

[.000]

-0.140

[.358]

a 7

0.226

[.000]

-0.672

[.000]

a 8

-0.251

[.004]

-0.809

[.000]

a 9

-0.180

[.007]

0.525

[.001]

b0

3.331

[.000]

3.448

[.000]

b2

0.360

[.000]

0.356

[.000]

b3

-0.005

[.000]

-0.006

[.000]

b4

0.353

[.000]

0.318

[.000]

b5

-0.019

[.454]

-0.071

[.008]

1∕η 1974

0.428

[.000]

0.430

[.000]

1∕η 1975-76

0.427

[.000]

0.428

[.000]

1∕η 1977-78

0.436

[.000]

0.437

[.000]

1∕η 1979-80

0.429

[.000]

0.431

[.000]

1∕η 1981-82

0.424

[.000]

0.425

[.000]

1∕η 1983-84

0.425

[.000]

0.427

[.000]

1∕η 1985-86

0.427

[.000]

0.428

[.000]

1∕η 1987-88

0.433

[.000]

0.435

[.000]

1∕η 1989-90

0.421

[.000]

0.423

[.000]

1∕η 1991-92

0.417

[.000]

0.420

[.000]

1∕η1993-94

0.434

[.000]

0.437

[.000]

1∕η 1995-96

0.453

[.000]

0.455

[.000]

1∕η 1997-98

0.461

[.000]

0.463

[.000]

1∕η 1999-00

0.466

[.000]

0.468

[.000]

R2 ' for (7)

0.980

0.975

R2 for (8)

0.964

0.966

R2 for (9)__________

0.939

0.939

27



More intriguing information

1. The name is absent
2. The magnitude and Cyclical Behavior of Financial Market Frictions
3. Innovation and business performance - a provisional multi-regional analysis
4. The name is absent
5. The name is absent
6. Une Classe de Concepts
7. The name is absent
8. Proceedings of the Fourth International Workshop on Epigenetic Robotics
9. Outline of a new approach to the nature of mind
10. Why unwinding preferences is not the same as liberalisation: the case of sugar