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. Detecting Multiple Breaks in Financial Market Volatility Dynamics
2. The name is absent
3. How Low Business Tax Rates Attract Multinational Headquarters: Municipality-Level Evidence from Germany
4. Rural-Urban Economic Disparities among China’s Elderly
5. LOCAL CONTROL AND IMPROVEMENT OF COMMUNITY SERVICE
6. Segmentación en la era de la globalización: ¿Cómo encontrar un segmento nuevo de mercado?
7. Review of “The Hesitant Hand: Taming Self-Interest in the History of Economic Ideas”
8. The name is absent
9. Are Public Investment Efficient in Creating Capital Stocks in Developing Countries?
10. Feature type effects in semantic memory: An event related potentials study