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Network Performance of Japanese Credit Cooperatives, 2004–2007

Author

Listed:
  • Hirofumi Fukuyama

    (Faculty of Commerce, Fukuoka University, 8-19-1 Nanakuma, Jonan-Ku, Fukuoka 814-0180, Japan)

  • William L. Weber

    (Department of Economics and Finance, Southeast Missouri State University, Cape Girardeau, MO 63701, USA)

Abstract

We construct a network performance measure for producers that use inputs to produce an intermediate output in a first stage of production and then use the intermediate output to produce final outputs in a second stage of production. Producers face a budget constraint and choose inputs, given input prices. Although various input combinations will be affordable, a smaller set of input combinations will be optimal in maximizing final outputs. We compare final outputs for firms that take inputs as given with final outputs when firms can optimally reallocate inputs given the fixed budget. This comparison allows measurement of the lost final output caused by a misallocation of resources in the first stage of production. We apply our method to study the performance of Japanese credit cooperatives during 2004 to 2007.

Suggested Citation

  • Hirofumi Fukuyama & William L. Weber, 2015. "Network Performance of Japanese Credit Cooperatives, 2004–2007," International Journal of Information Technology & Decision Making (IJITDM), World Scientific Publishing Co. Pte. Ltd., vol. 14(04), pages 825-846.
    • Handle: RePEc:wsi:ijitdm:v:14:y:2015:i:04:n:s0219622014500904
    DOI: 10.1142/S0219622014500904
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    References listed on IDEAS

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    1. Carmen M. Reinhart & Kenneth S. Rogoff, 2009. "The Aftermath of Financial Crises," American Economic Review, American Economic Association, vol. 99(2), pages 466-472, May.
    2. Bruce E. Aronson, 2011. "A Reassessment of Japan's Big Bang Financial Regulatory Reform," IMES Discussion Paper Series 11-E-19, Institute for Monetary and Economic Studies, Bank of Japan.
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    Cited by:

    1. Wen-Min Lu & Qian Long Kweh & Kai-Chu Yang, 2022. "Multiplicative efficiency aggregation to evaluate Taiwanese local auditing institutions performance," Annals of Operations Research, Springer, vol. 315(2), pages 1243-1262, August.

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