2009 Fiscal Year Final Research Report
Political Economy of Fiscal Information and Its Feedback Effects
| Project/Area Number |
19530267
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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 | Tokyo Institute of Technology |
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Principal Investigator |
KONISHI Hideki Tokyo Institute of Technology, 政治経済学術院, 教授 (50225471)
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| Project Period (FY) |
2007 – 2009
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| Keywords | 公共経済学 / 政治経済学 |
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| Research Abstract |
Releasing fiscal information of the governments has feedback effects on their incentives and affects their behaviors and policy choices through changing the behaviors or expectations of other political actors such as voters and interest groups. In this study, we mainly examined the signaling effects of the composition of fiscal adjustments, i.e., the choice between spending cuts or tax increases, and the competition among local governments which are motivated with career-concerns and relative performance evaluation to show the efficiency-enhancing properties of transparent budget and decentralization.
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