Effects of Aging on Education and Welfare Expenditures in Japan

Kimiko Terai, Amihai Glazer, Naomi Miyazato

研究成果: Chapter

抄録

Investment in education is a public expenditure that provides long-term benefits, such as infrastructure investment. The impact of population aging on education spending theoretically has both positive and negative effects. This chapter analyzes the impact of population aging on education spending using Japanese prefectural data. Unlike infrastructure-related and education investments, spending on welfare has no long-term benefits. Thus, as the population ages, the elderly might likely favor increased expenditures on social welfare and elderly welfare, leading to an increase in these expenditures. We use Japanese prefectural data to analyze the impact of aging on expenditure on social welfare and elderly welfare, besides education expenditures. Furthermore, we empirically analyze public assistance expenditures that are unlikely to offer long-term benefits, such as social welfare and welfare expenditures for the elderly.

本文言語English
ホスト出版物のタイトルAdvances in Japanese Business and Economics
出版社Springer Japan
ページ33-48
ページ数16
DOI
出版ステータスPublished - 2021

出版物シリーズ

名前Advances in Japanese Business and Economics
30
ISSN(印刷版)2197-8859
ISSN(電子版)2197-8867

ASJC Scopus subject areas

  • ビジネスおよび国際経営
  • 財務
  • 経済学、計量経済学
  • 戦略と経営

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