| Project/Area Number |
12630098
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
Public finance/Monetary economics
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| Research Institution | Nagoya University |
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Principal Investigator |
TAKEUCHI Nobuhito Nagoya University, Graduate School of Economics, Professor, 大学院・経済学研究科, 教授 (00022476)
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| Co-Investigator(Kenkyū-buntansha) |
SAKAMOTO Michiko Kinki Univ., School of Business and Economics, Associate Professor, 商経学部, 助教授 (90309344)
YANAGIHARA Mitsuyoshi Nagoya University, Assistant Professor, 大学院・経済学研究科, 講師 (80298504)
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| Project Period (FY) |
2000 – 2002
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| Project Status |
Completed (Fiscal Year 2002)
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| Budget Amount *help |
¥2,300,000 (Direct Cost: ¥2,300,000)
Fiscal Year 2002: ¥500,000 (Direct Cost: ¥500,000)
Fiscal Year 2001: ¥700,000 (Direct Cost: ¥700,000)
Fiscal Year 2000: ¥1,100,000 (Direct Cost: ¥1,100,000)
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| Keywords | Economic Dynamics / Local Public Finance / Local Public Goods / Government Deficits / 世代重複モデル / 労働移動 / 地方経済 |
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| Research Abstract |
This research analyzed the effects of fiscal policy by local governments on the local economies from the view of both theoretical approach and empirical approach.
Regarding the former approach, "Local Economies and Local Governments" by Takeucbi and "Local Economies and Municipal bonds" by Yanagihara grasped the relationship between the industrial structure of local economies and public finance of local governments and showed the direction of public finance toward the future. "Efficiency of Local Public Finance and Decentralization" by Takeuchi succeeded in attacking the problem of the merger of local governments from the viewpoint of the efficiency of public administration.
For the latter approach, on the other hand, "Welfare Analysis for the Source-based Capital Income Taxation" and "Welfare Analysis for the Residence-based Capital Income Taxation" by Sakamoto advanced dynamic macroeconomic analysis to show how such taxation by the local governments affects both the welfare level of the region's welfare and that of the other one. In the same way, Sakamoto, Takeuchi and Yanagihara, in "The Effects of Local Public Finance on Labor Migration," expanded Sakamoto's analyses and made it possible to analyze the effects of fiscal pocicies of local governments under the existence of labor mobility.
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