Fiscal reconstruction and local interest groups in Japan

Takero Doi, Toshihiro Ihori

研究成果: Article査読

17 被引用数 (Scopus)

抄録

This paper investigates the politicoeconomic properties of the fiscal reconstruction process in Japan by analyzing the dynamic game among local interest groups with concessions of region-specific privileges. Free-riding behavior of local interest groups brings numerous deficits. Our empirical evidence indicates that local privileges were powerful in the 1990s, which is the main reason fiscal reconstruction did not perform very well in the 1990s.

本文言語English
ページ(範囲)492-511
ページ数20
ジャーナルJournal of The Japanese and International Economies
16
4
DOI
出版ステータスPublished - 2002 12

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics
  • Political Science and International Relations

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