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Impact of infrastructure investment on tax : estimating spillover effects of the Kyushu high-speed rail Line in Japan on regional tax revenue

Yoshino, Naoyuki; Abidhadjaev, Umid - 2016

This paper analyzes the impact of infrastructure investment on tax revenues and on the economy of the region. In 1991, the Kyushu high-speed rail line was constructed and was completed in 2003. In 2004, the rail line started operating from Kagoshima to Kumamoto. The entire line was opened in...

Persistent link: https://www.econbiz.de/10011479478

Belts, roads, and regions : the dynamics of Chinese and Japanese infrastructure connectivity initiatives and Europe's responses

Pascha, Werner - 2020

The paper argues that East Asia is setting the pace for the recent trend in regional and inter-regional integration, which is associated with multilateral infrastructure connectivity initiatives, like the "Belt and Road Initiative" (BRI) of the People's Republic of China and Japan's "Partnership...

Persistent link: https://www.econbiz.de/10012205804

OECD Territorial Reviews: Japan 2005

2005

Low growth, population ageing and depopulation, and new trade relationships with the East Asia region have made it increasingly necessary for Japan to reform its economic and institutional systems. A key element of this reform concerns Japan's policies for regional development. This report...

Persistent link: https://www.econbiz.de/10012446571

A framework to study the role of structural transformation in productivity growth and regional convergence

Fukao, Kyōji; Paul, Saumik - 2018

We show that σ-convergence in regional productivity growth can be approximated by σ-convergence in sectoral … productivity growth and σ-convergence in structural transformation-led productivity growth. Applying this framework to Japanese … prefecture-level data from 1874 to 2008, we find support for substantial convergence effects of structural transformation in the …

Persistent link: https://www.econbiz.de/10011843800

OECD Territorial Reviews: Japan 2016

OECD - 2016

Japan is embarked on a demographic transition without precedent in human history: the population is both declining and ageing rapidly. This raises important questions about the country's future economic geography, as public policies will need both to respond to these shifts and also to shape...

Persistent link: https://www.econbiz.de/10012451386

Industrial specialization or diversity? : how high-speed rail fosters Japan's regional agglomeration economy

Wetwitoo, Jetpan - 2019

In this paper, the relationship between high-speed rail (HSR) and agglomeration economy in the scope of specialization and diversity is investigated. The main objective is to answer two questions: first, to determine whether specialization or diversity promotes economic productivity, and second,...

Persistent link: https://www.econbiz.de/10012007694

Technology foresight for hydrogen society transition in Japan : approach of GTAP-E-Power model

Huang, Michael C.; Iwaki, Yoko; Liou, Ming-Huan - 2023

With its portable, storable, and zero-emission features, hydrogen energy is regarded as one of the most promising alternative energies for the next generation. Along with developing hydrogen technology applications, Japan's pilot experiments have demonstrated the feasibility of a hydrogen...

Persistent link: https://www.econbiz.de/10014313478

Japan's post-triple-disaster growth strategy

Kawai, Masahiro; Morgan, Peter J. - 2012

The Great East Japan Earthquake on 11 March 2011 was the biggest earthquake recorded in Japanese seismic history, and the fourth largest recorded in the world. The scope of the disaster far exceeded that of the Hanshin Earthquake of 1995. The repercussions of this disaster spread far beyond the...

Persistent link: https://www.econbiz.de/10009579526

Why prices don't respond sooner to a prospective sovereign debt crisis

Braun, R. Anton; Nakajima, Tomoyuki - 2011

We compare the dynamics of inflation and bond yields leading up to a sovereign debt crisis in settings where asset markets are frictionless to other settings with financial frictions. As compared with the case with frictionless asset markets, an asset market structure with financial frictions...

Persistent link: https://www.econbiz.de/10009376861

Three arrows of "Abenomics" and the structural reform of Japan : inflation targeting policy of the Central Bank, fiscal consolidation, and growth strategy

Yoshino, Naoyuki; Taghizadeh-Hesary, Farhad - 2014

"Abenomics" refers to the economic policies advocated by Prime Minister Shinzo Abe who became prime minister of Japan for a second time when his party, the Liberal Democratic Party, won an overwhelming majority at the general election in December 2012. Abenomics has "three arrows": (i)...

Persistent link: https://www.econbiz.de/10010384376