按项目类型划分的公共资本生产率比较:日本中央政府、补贴地方和不补贴地方项目

IF 1.3 4区经济学 Q3 ECONOMICS Japan and the World Economy Pub Date : 2022-03-01 DOI:10.1016/j.japwor.2022.101119

Keigo Kameda, Zhenkun Lu, Masaki Fukui

{"title":"按项目类型划分的公共资本生产率比较:日本中央政府、补贴地方和不补贴地方项目","authors":"Keigo Kameda, Zhenkun Lu, Masaki Fukui","doi":"10.1016/j.japwor.2022.101119","DOIUrl":null,"url":null,"abstract":"<div><p>Using a panel of Japanese regional data from 1960 to 2003, we estimated the production effect of public capital formed through three types of government projects: (1) projects directly implemented by the central government (central-government projects), (2) projects that are implemented by local governments but induced through subsidies by the central government (subsidized-local projects), and (3) projects that are implemented by local governments without central subsidies (unsubsidized-local projects). The results showed that the unsubsidized-local projects were the most productive among the three types. In addition, the subsidized-local projects were found to be the least productive, being less effective than the central projects. This may suggest the existence of inefficiency factors that central subsidization for local projects entails under the Japanese system of intergovernmental transfers.</p></div>","PeriodicalId":46744,"journal":{"name":"Japan and the World Economy","volume":"61 ","pages":"Article 101119"},"PeriodicalIF":1.3000,"publicationDate":"2022-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Comparison of the productivity of public capital by project type: Central-government, subsidized-local, and unsubsidized-local projects in Japan\",\"authors\":\"Keigo Kameda, Zhenkun Lu, Masaki Fukui\",\"doi\":\"10.1016/j.japwor.2022.101119\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><p>Using a panel of Japanese regional data from 1960 to 2003, we estimated the production effect of public capital formed through three types of government projects: (1) projects directly implemented by the central government (central-government projects), (2) projects that are implemented by local governments but induced through subsidies by the central government (subsidized-local projects), and (3) projects that are implemented by local governments without central subsidies (unsubsidized-local projects). The results showed that the unsubsidized-local projects were the most productive among the three types. In addition, the subsidized-local projects were found to be the least productive, being less effective than the central projects. This may suggest the existence of inefficiency factors that central subsidization for local projects entails under the Japanese system of intergovernmental transfers.</p></div>\",\"PeriodicalId\":46744,\"journal\":{\"name\":\"Japan and the World Economy\",\"volume\":\"61 \",\"pages\":\"Article 101119\"},\"PeriodicalIF\":1.3000,\"publicationDate\":\"2022-03-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Japan and the World Economy\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S0922142522000056\",\"RegionNum\":4,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Japan and the World Economy","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0922142522000056","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}

引用次数: 0

摘要

本文利用日本1960 - 2003年的区域数据，对三种类型的政府项目形成的公共资本的生产效应进行了估计:(1)由中央政府直接实施的项目(中央政府项目)，(2)由地方政府实施，但通过中央政府补贴诱导的项目(补贴地方项目)，(3)由地方政府实施，没有中央补贴的项目(无补贴地方项目)。结果表明，无补贴的地方项目是三种类型中生产率最高的。此外，受补贴的地方项目的生产力最低，效率低于中央项目。这可能表明，在日本政府间转移支付制度下，中央对地方项目的补贴存在效率低下的因素。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文

微信好友朋友圈 QQ好友复制链接

本刊更多论文

Comparison of the productivity of public capital by project type: Central-government, subsidized-local, and unsubsidized-local projects in Japan

Using a panel of Japanese regional data from 1960 to 2003, we estimated the production effect of public capital formed through three types of government projects: (1) projects directly implemented by the central government (central-government projects), (2) projects that are implemented by local governments but induced through subsidies by the central government (subsidized-local projects), and (3) projects that are implemented by local governments without central subsidies (unsubsidized-local projects). The results showed that the unsubsidized-local projects were the most productive among the three types. In addition, the subsidized-local projects were found to be the least productive, being less effective than the central projects. This may suggest the existence of inefficiency factors that central subsidization for local projects entails under the Japanese system of intergovernmental transfers.

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

Japan and the World Economy ECONOMICS-

CiteScore

2.60

自引率

0.00%

发文量

审稿时长

46 days

期刊介绍： The increase in Japan share of international trade and financial transactions has had a major impact on the world economy in general and on the U.S. economy in particular. The new economic interdependence between Japan and its trading partners created a variety of problems and so raised many issues that require further study. Japan and the World Economy will publish original research in economics, finance, managerial sciences, and marketing that express these concerns.