| Budget Amount *help |
¥3,900,000 (Direct Cost: ¥3,000,000、Indirect Cost: ¥900,000)
Fiscal Year 2016: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
Fiscal Year 2015: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
Fiscal Year 2014: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
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| Outline of Final Research Achievements |
First, I review the literature that examines the effects of public investment as an economic stimulus and earthquake recovery. We do this by focusing on the works published in the international academic journal. Second, I conduct an empirical investigation on the interactions between public and private investment using the regional and sectoral data in Japan. Third, I examine the effects of public investment on regional business cycle fluctuations.
Incidentally, I also examine the effects of alternative policies so as to compare the ones of public investment. For example, the interactions between government and private consumption are examined using the prefecture level panel data. Moreover, we also examine the effects of "new" economic stimulus packages such as a program of tax breaks and subsidies for purchasing eco-friendly cars and refundable“eco points”on energy-efficient appliance purchases.
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