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Economic analysis of fiscal deficit and fiscal system

Research Project

Project/Area Number 24243042
Research Category

Grant-in-Aid for Scientific Research (A)

Allocation TypeSingle-year Grants
Section一般
Research Field Public finance/Monetary economics
Research InstitutionThe University of Tokyo

Principal Investigator

IHORI Toshihiro  東京大学, 経済学研究科(研究院), 教授 (40145652)

Co-Investigator(Kenkyū-buntansha) YOSHIKAWA Hiroshi  東京大学, 大学院経済学研究科, 教授 (30158414)
Co-Investigator(Renkei-kenkyūsha) TABUCHI Takatoshi  東京大学, 大学院経済学研究科, 教授 (70133014)
KONDO Hiroki  上智大学, 経済学部, 教授 (30324221)
TERAI Kimiko  慶應義塾大学, 経済学部, 教授 (80350213)
NAKAGAWA Shintaro  下関市立大学, 経済学部, 準教授 (20522650)
Project Period (FY) 2012-04-01 – 2015-03-31
Project Status Completed (Fiscal Year 2014)
Budget Amount *help
¥34,710,000 (Direct Cost: ¥26,700,000、Indirect Cost: ¥8,010,000)
Fiscal Year 2014: ¥12,480,000 (Direct Cost: ¥9,600,000、Indirect Cost: ¥2,880,000)
Fiscal Year 2013: ¥11,570,000 (Direct Cost: ¥8,900,000、Indirect Cost: ¥2,670,000)
Fiscal Year 2012: ¥10,660,000 (Direct Cost: ¥8,200,000、Indirect Cost: ¥2,460,000)
Keywords財政運営 / 財政制度 / 財政赤字 / 協調と競争 / 複数の政府 / 財政規律 / 政治的効率性 / 利益団体 / 所得変動 / 政策協調
Outline of Final Research Achievements

We have investigated fiscal competition and coordination of multiple governments such as the vertical relationship between central and local governments, the horizontal relationship among local governments or among central governments, and the public-private relationship between governments and non-profit organizations. By considering actual fiscal activities in a global economy, we have developed better theoretical models and obtained interesting empirical results on fiscal competition and coordination. Based on the various fiscal data of many countries, we have analyzed the benefit and cost of fiscal deficit accumulation and fiscal consolidation on economic activities.

Report

(4 results)
  • 2014 Annual Research Report   Final Research Report ( PDF )
  • 2013 Annual Research Report
  • 2012 Annual Research Report
  • Research Products

    (32 results)

All 2015 2014 2013 2012

All Journal Article (14 results) (of which Peer Reviewed: 11 results,  Open Access: 2 results,  Acknowledgement Compliant: 1 results) Presentation (13 results) (of which Invited: 3 results) Book (5 results)

  • [Journal Article] Stochastic macro-equilibrium: a microfoundation for the Keynesian economics2015

    • Author(s)
      Hiroshi Yoshikawa
    • Journal Title

      Journal of Economic Interaction and Coordination

      Volume: 10 Issue: 1 Pages: 31-55

    • DOI

      10.1007/s11403-014-0142-4

    • NAID

      40019923681

    • Related Report
      2014 Annual Research Report
    • Peer Reviewed / Acknowledgement Compliant
  • [Journal Article] Commitment, Deficit Ceiling, and Fiscal Privilege2014

    • Author(s)
      Toshihiro Ihori
    • Journal Title

      FinanzArchiv/Public Finance Analysis

      Volume: 70 Issue: 4 Pages: 511-526

    • DOI

      10.1628/001522114x685465

    • Related Report
      2014 Annual Research Report
    • Peer Reviewed / Open Access
  • [Journal Article] Economic growth never gets old2014

    • Author(s)
      Hiroshi Yoshikawa
    • Journal Title

      East Asia Forum Quarterly

      Volume: 6 Pages: 40-41

    • Related Report
      2014 Annual Research Report
  • [Journal Article] Commitment, Deficit Ceiling, and Fiscal Privileg2014

    • Author(s)
      Ihori, Toshihiro
    • Journal Title

      FinanzArchiv /Public Finance Analysis

      Volume: 印刷中

    • Related Report
      2013 Annual Research Report
    • Peer Reviewed
  • [Journal Article] Historical trends of agglomeration to the capital region and new economic geography2014

    • Author(s)
      Tabuchi T.
    • Journal Title

      Regional Science and Urban Economics

      Volume: 44 Pages: 50-59

    • DOI

      10.1016/j.regsciurbeco.2013.11.004

    • Related Report
      2013 Annual Research Report
    • Peer Reviewed
  • [Journal Article] Environment, growth, and technological change in a two-country overlapping- generations model2014

    • Author(s)
      Shintaro Nakagawa, Masayuki Sato, and Rintaro Yamaguchi
    • Journal Title

      Environmental Economics and Policy Studies

      Volume: online first Issue: 4 Pages: 397-443

    • DOI

      10.1007/s10018-014-0078-x

    • Related Report
      2013 Annual Research Report
    • Peer Reviewed
  • [Journal Article] 賃上げと日本経済2014

    • Author(s)
      吉川 洋
    • Journal Title

      労働調査

      Volume: 527 Pages: 4-9

    • Related Report
      2013 Annual Research Report
  • [Journal Article] International Security, Multiple Public Good Provisions, and the Exploitation Hypothesis2013

    • Author(s)
      Ihori, Toshihiro, Martin McGuire, and Shintaro Nakagawa
    • Journal Title

      Defense and Peace Economics

      Volume: - Issue: 3 Pages: 1-17

    • DOI

      10.1080/10242694.2012.752229

    • NAID

      120005854743

    • Related Report
      2014 Annual Research Report 2013 Annual Research Report 2012 Annual Research Report
    • Peer Reviewed / Open Access
  • [Journal Article] On microfoundations of the city2013

    • Author(s)
      Picard P. M. and T. Tabuchi
    • Journal Title

      Journal of Economic Theory

      Volume: 148 Issue: 6 Pages: 2561-2582

    • DOI

      10.1016/j.jet.2013.07.023

    • Related Report
      2013 Annual Research Report
    • Peer Reviewed
  • [Journal Article] Fiscal restraints by advisors2013

    • Author(s)
      Bessho, Shun-ichiro and Kimiko Terai
    • Journal Title

      Economics of Governance

      Volume: forthcoming Issue: 3 Pages: 205-232

    • DOI

      10.1007/s10101-013-0127-0

    • Related Report
      2013 Annual Research Report
    • Peer Reviewed
  • [Journal Article] Fiscal Fluctuation Risks and Intergovernmental Functional Allocation2013

    • Author(s)
      Ihori, Toshihiro
    • Journal Title

      Public Policy Review

      Volume: 9 Pages: 1-31

    • Related Report
      2012 Annual Research Report
  • [Journal Article] Laffer paradox, Leviathan, and political contest2012

    • Author(s)
      Ihori, T, C.C Yang
    • Journal Title

      Public Choice

      Volume: 151 Issue: 1-2 Pages: 137-148

    • DOI

      10.1007/s11127-010-9737-z

    • Related Report
      2012 Annual Research Report
    • Peer Reviewed
  • [Journal Article] Hotelling meets Weber2012

    • Author(s)
      Lai F.-C. and T. Tabuchi
    • Journal Title

      Regional Science and Urban Economics

      Volume: 42 Issue: 6 Pages: 1017-1022

    • DOI

      10.1016/j.regsciurbeco.2011.09.001

    • Related Report
      2012 Annual Research Report
    • Peer Reviewed
  • [Journal Article] Financial Mechanism and Enforceability of International Environmental Agreements2012

    • Author(s)
      Kimiko Terai
    • Journal Title

      Environmental and Resource Economics

      Volume: 53 Issue: 2 Pages: 297-308

    • DOI

      10.1007/s10640-012-9563-5

    • Related Report
      2012 Annual Research Report
    • Peer Reviewed
  • [Presentation] Flexibility of Deficit Ceiling and Income Fluctuation in a Political Economy2014

    • Author(s)
      井堀利宏
    • Organizer
      7th Australasian Public Choice Conference 2014
    • Place of Presentation
      メルボルン(オーストラリア)
    • Year and Date
      2014-12-05 – 2014-12-06
    • Related Report
      2014 Annual Research Report
  • [Presentation] Role of Public Investment in Japan’s Fiscal Policy2014

    • Author(s)
      井堀利宏
    • Organizer
      International Conference on Strengthening the Management of Public Investment
    • Place of Presentation
      ソウル(韓国)
    • Year and Date
      2014-10-29 – 2014-10-30
    • Related Report
      2014 Annual Research Report
    • Invited
  • [Presentation] International Security, Insurance, and Protection: Negative Spillovers within Alliances2014

    • Author(s)
      井堀利宏
    • Organizer
      78th International Atlantic Economic Conference
    • Place of Presentation
      サバンナ(米国)
    • Year and Date
      2014-10-12 – 2014-10-13
    • Related Report
      2014 Annual Research Report
  • [Presentation] Government Debt Crisis and the Role of Third-party Organization2014

    • Author(s)
      中川真太郎
    • Organizer
      The Association for Public Economic Theory 15th Annual Conference
    • Place of Presentation
      シアトル(米国)
    • Year and Date
      2014-07-10 – 2014-07-11
    • Related Report
      2014 Annual Research Report
  • [Presentation] Conflicting Interest Groups, Contentious Public Goods, and Cooperation2014

    • Author(s)
      井堀利宏
    • Organizer
      European Public Choice Meetings 2014
    • Place of Presentation
      ケンブリッジ(英国)
    • Year and Date
      2014-04-05 – 2014-04-07
    • Related Report
      2014 Annual Research Report
  • [Presentation] Fiscal Consolidation in a Political Economy of Japan2014

    • Author(s)
      井堀利宏
    • Organizer
      日米公共経済学コンファレンス
    • Place of Presentation
      アーバイン、アメリカ
    • Related Report
      2013 Annual Research Report
  • [Presentation] Abenomics and Modern Macroeconomics2014

    • Author(s)
      吉川 洋
    • Organizer
      日仏財団‐フランス銀行共催シンポジウム
    • Place of Presentation
      フランス パリ
    • Related Report
      2013 Annual Research Report
    • Invited
  • [Presentation] [1]International security, insurance, and protection: negative spillovers within alliances2013

    • Author(s)
      井堀利宏
    • Organizer
      The Association for Public Economic Theory
    • Place of Presentation
      リスボン、ポルトガル
    • Related Report
      2013 Annual Research Report
  • [Presentation] Flexibility of Deficit Ceiling and Income Fluctuation2013

    • Author(s)
      井堀利宏
    • Organizer
      Western Economic Association
    • Place of Presentation
      シアトル、アメリカ
    • Related Report
      2013 Annual Research Report
  • [Presentation] Flexibility of Debt Limit and Income Fluctuation2013

    • Author(s)
      井堀利宏
    • Organizer
      シンガポール経済学会
    • Place of Presentation
      シンガポール、シンガポール
    • Related Report
      2013 Annual Research Report
  • [Presentation] Conflicting Interest Groups and Cooperation2013

    • Author(s)
      井堀利宏
    • Organizer
      オーストラリア公共選択学会
    • Place of Presentation
      シンガポール、シンガポール
    • Related Report
      2013 Annual Research Report
    • Invited
  • [Presentation] INTERNATIONAL SECURITY, MULTIPLE PUBLIC GOOD PROVISIONS, AND THE EXPLOITATION HYPOTHESIS2012

    • Author(s)
      Toshihiro Ihori , Martin McGuire & Shintaro Nakagawa
    • Organizer
      Association of Public Economic Theory
    • Place of Presentation
      Taipei, Taiwan
    • Related Report
      2012 Annual Research Report
  • [Presentation] International Security, Insurance, and Protection: Negative Spillovers within Alliances2012

    • Author(s)
      Toshihiro Ihori , Martin McGuire & Shintaro Nakagawa
    • Organizer
      International Institute of Public Finance
    • Place of Presentation
      Dresden, Germany
    • Related Report
      2012 Annual Research Report
  • [Book] The Political Economy of Fiscal Consolidation in Japan,2014

    • Author(s)
      T. Ihori and K. Terai
    • Total Pages
      205
    • Publisher
      Springer
    • Related Report
      2014 Annual Research Report
  • [Book] The Political Economy of Fiscal Consolidation in Japan2014

    • Author(s)
      井堀利宏
    • Publisher
      シュプリンガー
    • Related Report
      2013 Annual Research Report
  • [Book] デフレーション2013

    • Author(s)
      吉川洋
    • Total Pages
      236
    • Publisher
      日本経済新聞出版社
    • Related Report
      2012 Annual Research Report
  • [Book] 新たなリスクと社会保障:生涯を通じた支援策の構築2012

    • Author(s)
      井堀利宏
    • Total Pages
      326
    • Publisher
      東京大学出版会
    • Related Report
      2012 Annual Research Report
  • [Book] 高度成長 日本を変えた六〇〇〇日2012

    • Author(s)
      吉川洋
    • Total Pages
      269
    • Publisher
      中公文庫
    • Related Report
      2012 Annual Research Report

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Published: 2013-05-15   Modified: 2020-12-28  

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