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Dynamical System Analysis of Multiple Equilibria and Implications for Economic Policies

Research Project

Project/Area Number 17530210
Research Category

Grant-in-Aid for Scientific Research (C)

Allocation TypeSingle-year Grants
Section一般
Research Field Economic policy
Research InstitutionHIROSHIMA UNIVERSITY

Principal Investigator

FUTAMURA Hiroshi  Hiroshima University, Graduate School of Social Sciences, Professor, 大学院社会科学研究科, 教授 (70263663)

Project Period (FY) 2005 – 2006
Project Status Completed (Fiscal Year 2006)
Budget Amount *help
¥1,300,000 (Direct Cost: ¥1,300,000)
Fiscal Year 2006: ¥600,000 (Direct Cost: ¥600,000)
Fiscal Year 2005: ¥700,000 (Direct Cost: ¥700,000)
KeywordsEconomic Dynamics / Multiple Equilibria / Economic Policies / Economic Growth / Business Cycle
Research Abstract

We gained many insights through this research project. The most significant one is to reconfirm the importance of taking the incentive structure of agents who have policy-related stakes, when designing economic policies.
This research report consists of 3 chapters and a supplement. In Chapter 1 "Macroeconomic Effects of Public Debt", we analyzed the macroeconomic effects of public debt, which is expected to be 1.5-times as large as GDP at the end of 2006 fiscal year. In Chapter 2 "The Effects of the Social Medical System Reform on Economic Welfare", we analyzed the welfare effects of the reforms in social health care system that commenced on April 2003. In Chapter 3 " The Effects of Optimal Redistribution Policy on the Competitive Balance and the Quality of Professional Baseball League", we analyzed the effects of redistribution policy, which is designed to maximize the value of the baseball league, on the competitive balance and quality of the league. The supplement paper "Reassessing the Roles of Public Sector in terms of Public Debt Management" is an empirical extension of Chapter 1 in which we implemented quantitative assessment of fiscal policies.

Report

(3 results)
  • 2006 Annual Research Report   Final Research Report Summary
  • 2005 Annual Research Report
  • Research Products

    (15 results)

All 2007 2006 Other

All Journal Article (13 results) Book (2 results)

  • [Journal Article] 公的医療制度改革の経済厚生効果分析2007

    • Author(s)
      二村 博司
    • Journal Title

      京都大学経済論叢 178・3

      Pages: 1-29

    • NAID

      120002401907

    • Description
      「研究成果報告書概要(和文)」より
    • Related Report
      2006 Final Research Report Summary
  • [Journal Article] 公共財需要過大予測問題2007

    • Author(s)
      二村 博司
    • Journal Title

      広島大学経済論叢 30・3

      Pages: 13-25

    • NAID

      110006217567

    • Description
      「研究成果報告書概要(和文)」より
    • Related Report
      2006 Final Research Report Summary
  • [Journal Article] Internalizing Technological Externality under Default Risk2007

    • Author(s)
      二村 博司
    • Journal Title

      広島大学経済論叢 31・1(印刷中)

    • NAID

      110006409429

    • Description
      「研究成果報告書概要(和文)」より
    • Related Report
      2006 Final Research Report Summary
  • [Journal Article] The Effects of the Social Medical System Reform on Economic Welfare.2007

    • Author(s)
      Futamura, Hiroshi
    • Journal Title

      The Economic Review, Kyoto University Vol.178-3

      Pages: 1-29

    • NAID

      120002401907

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      2006 Final Research Report Summary
  • [Journal Article] An Applied Mechanism Design Analysis : A Case of the Excessive Forecast of Demand for Public Goods.2007

    • Author(s)
      Futamura, Hiroshi
    • Journal Title

      The Hiroshima Economic Review, Hiroshima University Vol.30-3

      Pages: 13-25

    • NAID

      110006217567

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      2006 Final Research Report Summary
  • [Journal Article] Internalizing Technological Externality under Default Risk.2007

    • Author(s)
      Futamura, Hiroshi
    • Journal Title

      The Hiroshima Economic Review, Hiroshima University Vol.31-1 (in press)

    • NAID

      110006409429

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      2006 Final Research Report Summary
  • [Journal Article] 公的医療制度改革の経済厚生効果分析2007

    • Author(s)
      二村 博司
    • Journal Title

      京都大学 経済論叢 179・3(掲載決定)

    • NAID

      120002401907

    • Related Report
      2006 Annual Research Report
  • [Journal Article] 公共財需要過大予測問題2007

    • Author(s)
      二村 博司
    • Journal Title

      広島大学 経済論叢 30・3

      Pages: 13-25

    • NAID

      110006217567

    • Related Report
      2006 Annual Research Report
  • [Journal Article] 公共財生産費用過大申告問題2006

    • Author(s)
      二村 博司
    • Journal Title

      広島大学経済論叢 29・3

      Pages: 35-59

    • NAID

      110004322009

    • Description
      「研究成果報告書概要(和文)」より
    • Related Report
      2006 Final Research Report Summary 2005 Annual Research Report
  • [Journal Article] An Applied Mechanism Design Analysis : A Case of the False-Announcement of Public Goods Production Cost.2006

    • Author(s)
      Futamura, Hiroshi
    • Journal Title

      The Hiroshima Economic Review, Hiroshima University Vol.29-3

      Pages: 35-59

    • NAID

      110004322009

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      2006 Final Research Report Summary
  • [Journal Article] Macroeconomic Effects of Public Debt.2006

    • Author(s)
      Futamura, Hiroshi
    • Journal Title

      Working Paper Series, Department of Economics, Hiroshima University No.2006-3

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      2006 Final Research Report Summary
  • [Journal Article] The Effects of Optimal Redistribution Policy on the Competitive Balance and the Quality of Professional Baseball League.2006

    • Author(s)
      Futamura, Hiroshi
    • Journal Title

      Mimeograph, Department of Economics, Hiroshima University

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      2006 Final Research Report Summary
  • [Journal Article] Reassessing the Roles of Public Sector in terms of Public Debt Management.

    • Author(s)
      Futamura, Hiroshi
    • Journal Title

      Chapter 4 of T. Tachibanaki, ed., Empirical Analysis of the Japanese Economy : Getting Over the Lost-Decade, Toyo-Keizai Shinposha

      Pages: 69-90

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      2006 Final Research Report Summary
  • [Book] 「日木経済の実証分析-失われた10年を乗り越えて」、第4章「公的債務問題に見る政府の役割の再検討」。(橘木俊詔編)2007

    • Author(s)
      二村 博司
    • Total Pages
      22
    • Publisher
      東洋経済新報社
    • Description
      「研究成果報告書概要(和文)」より
    • Related Report
      2006 Final Research Report Summary
  • [Book] 日本経済の実証分析-失われた10年を乗り越えて(橘木俊詔編)、第4章「公的債務問題に見る政府の役割の再検討」。2007

    • Author(s)
      二村 博司
    • Total Pages
      22
    • Publisher
      東洋経済新報社
    • Related Report
      2006 Annual Research Report

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Published: 2005-04-01   Modified: 2016-04-21  

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