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What is the impact of problem loans on Japanese bank productivity growth?
journal contribution
posted on 2023-06-09, 17:14 authored by Emmanuel Mamatzakis, Roman Matousek, Anh VuAnh VuThis paper examines for the first time the impact of problem loans on productivity growth. We exploit a new data set of problem loans, identified as bankrupt and restructured loans, particularly available for Japanese commercial banks. Our parametric methodology quantifies the impact of these loans on productivity growth of the Japanese banking system, which endured a long-lasting effect of the crisis in the early 1990s. The results reveal that Japanese bank productivity growth was severely constrained by bankrupt loans. Further, we perform convergence cluster analysis to examine convergence across regions and over time. Limited convergence is observed, though Regional Banks seem to form convergence clusters for some regions which are illustrated by the blue and green areas in our map of Japan.
History
Publication status
- Published
File Version
- Accepted version
Journal
Financial Markets, Institutions And InstrumentsISSN
0963-8008Publisher
WileyExternal DOI
Issue
2Volume
28Page range
213-240Department affiliated with
- Accounting and Finance Publications
Research groups affiliated with
- Business and Finance Research Group Publications
Notes
Special Issue: 2016 Portsmouth – Fordham Conference on Banking and FinanceFull text available
- Yes
Peer reviewed?
- Yes
Legacy Posted Date
2019-06-19First Open Access (FOA) Date
2021-03-05First Compliant Deposit (FCD) Date
2019-06-17Usage metrics
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