Miwa, Yoshiro; Ramseyer, J. Mark - 2001
Central to so many accounts of post-war Japan, the keiretsu corporate groups have never had economic substance … scholars searching for evidence of culture-specific group behavior in Japan. By the 1990s, they had moved into mainstream … badly proxied for "main bank" ties. Econometric studies basing "keiretsu dummies" on these rosters have produced predictably …
