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A generational analysis of excess-demand consumption associated with government spending

Research Project

Project/Area Number 17K03691
Research Category

Grant-in-Aid for Scientific Research (C)

Allocation TypeMulti-year Fund
Section一般
Research Field Economic policy
Research InstitutionOkayama University

Principal Investigator

Tsuri Masao  岡山大学, 社会文化科学学域, 教授 (60401642)

Project Period (FY) 2017-04-01 – 2022-03-31
Project Status Completed (Fiscal Year 2021)
Budget Amount *help
¥4,030,000 (Direct Cost: ¥3,100,000、Indirect Cost: ¥930,000)
Fiscal Year 2019: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
Fiscal Year 2018: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
Fiscal Year 2017: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
Keywords政府支出 / 民間消費 / 過剰消費 / 地方財政 / 民生費 / 地方交付税交付金 / 年齢階級別貯蓄率 / 消費支出 / 市町村都道府県財政 / 政府消費 / 社会保障 / 価値財 / 財政支出
Outline of Final Research Achievements

This study analyzes the relationship between government spending and consumption by capturing consumption by age group. The savings rate is low among the elderly, and the distribution is highly skewed. Differences by prefecture are small, but those by age group are pronounced. In the fiscal data analysis, after carefully sorting out the data, we found a negative relationship between civilian welfare expenditures and local allocation tax subsidies. Social security and other expenditures are maintained even in regions with aging and depopulation. A panel analysis of prefectural data confirmed that real per capita prefectural disposable income and real per capita civilian welfare expenditures can be significantly explained by real per capita household final consumption expenditure.

Academic Significance and Societal Importance of the Research Achievements

政府支出と民間消費との代替関係に関する既存研究は主にマクロ分析によるものであるが,本研究では市町村データを整理するとともに,消費や所得の年齢階級別推計も行い,より詳細な分析を行った。新型コロナウィルス感染症拡大に対し政府債務はさらに膨らんでいる。そのため,財政と民間消費との関係は,より重要な分析テーマとなっている。過剰消費により将来的にも消費が伸びない可能性が示唆される。本研究のデータ整理は,個人の生活満足度(well- being)と消費との関係分析につながった。社会保障は支出増に対する財源の問題を抱えるが,本研究は社会保障政策と財源のバランス最適化についての示唆を与える。

Report

(6 results)
  • 2021 Annual Research Report   Final Research Report ( PDF )
  • 2020 Research-status Report
  • 2019 Research-status Report
  • 2018 Research-status Report
  • 2017 Research-status Report
  • Research Products

    (5 results)

All 2022 2021 2020 2018

All Journal Article (2 results) (of which Open Access: 2 results,  Peer Reviewed: 1 results) Presentation (2 results) (of which Int'l Joint Research: 1 results) Book (1 results)

  • [Journal Article] 年齢階級別貯蓄率:2019年全国家計構造調査を用いた推計2022

    • Author(s)
      釣雅雄
    • Journal Title

      岡山大学経済学会雑誌

      Volume: 53 Pages: 127-152

    • Related Report
      2021 Annual Research Report
    • Open Access
  • [Journal Article] The impact of income and consumption on subjective well-being: Cross sectional analysis by Japan’s prefectures and age groups2022

    • Author(s)
      釣 雅雄
    • Journal Title

      文明動態学

      Volume: 1 Pages: 40-66

    • DOI

      10.18926/63027

    • NAID

      120007188367

    • ISSN
      2436-8326
    • URL

      https://ousar.lib.okayama-u.ac.jp/63027

    • Related Report
      2021 Annual Research Report
    • Peer Reviewed / Open Access
  • [Presentation] 生活満足度(Well-being)と労働との関係分析による国際共働への示唆2021

    • Author(s)
      釣雅雄
    • Organizer
      Cooperation, Win-win and Innovation: Economic Outlook in ASEAN
    • Related Report
      2021 Annual Research Report
    • Int'l Joint Research
  • [Presentation] Japanese Economy and Economic Policy in the long-run: Government Expenditure and Private Consumption2018

    • Author(s)
      釣 雅雄
    • Organizer
      Myanmar-Japan Academic Dialogue on Economy and Business
    • Related Report
      2018 Research-status Report
  • [Book] 入門・日本経済 第6版2020

    • Author(s)
      浅子和美・飯塚信夫・篠原総一編
    • Total Pages
      452
    • Publisher
      有斐閣
    • ISBN
      9784641165618
    • Related Report
      2019 Research-status Report

URL: 

Published: 2017-04-28   Modified: 2023-01-30  

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