In order to revitalize regional economies, it is essential to improve the competitiveness of small and medium-sized enterprises (SMEs) in regional areas, and regional financial institutions are required to support them in cooperation with other various entities. Therefore, in this project, we will focus not only on the activities of the financial institutions alone, but also the efforts that regional financial institutions make to collaborate with various regional entities (local governments, commerce and industry bodies such as chambers of commerce and industry; expert groups such as tax accountants of SMEs). We position regional financial institutions as the core of cooperation between these entities and analyze the current state and issues of the cooperation. Specifically, we mainly analyze efforts to raise risk management capabilities of SMEs to prepare for natural disasters, which are of great interest from the perspective of the policy, and mergers of regional financial institutions.
January 15, 2018 - December 31, 2019
Major Research Results
RIETI Discussion Papers
"Productivity Dynamics during Major Crises in Japan: A Quantile Approach" (ADACHI Yusuke, OGAWA Hikaru and TSUBUKU Masafumi)
"The Impact of Regional Bank Consolidation on Regional Economies: Evidence from Data on the Location of Bank Branches at the Municipal Level" (HARIMAYA Kozo and OZAKI Yasufumi)