Showing 1 - 10 of 61
We overcome the problems of data availability and investigate the fiscal multipliers in autonomous prefectures in China. We first estimate the long-run elasticity of gross regional production with respect to fiscal expenditure in autonomous prefectures, using autoregressive distributed lag...
Persistent link: https://www.econbiz.de/10010907592
Information and Communication Technologies (ICT) have become important tools to promote a variety of public goals and policies. In the past years much attention has been given to the expected social benefits from deploying ICT in different fields (transportation, education, public participation...
Persistent link: https://www.econbiz.de/10011256229
We analyze a simple model of local public good provision in a country consisting of a large number of heterogeneous regions, each comprising two districts, a city and a village. When districts remain autonomous and local public goods have positive spillover effects on the neighbouring district,...
Persistent link: https://www.econbiz.de/10011256509
We investigate the effects of urban and rural populations and area sizes on the expenditures of the prefecture-level local government. We found the following three results. The first relates to the expenditure for urban populations. At around 220,000 people, per capita local government...
Persistent link: https://www.econbiz.de/10010837068
Decrease in the future number of students due to the low birth rate could affect public educational expenditures in Japan? Is there any regional difference? This paper simulates the future amount of local public primary, junior high, and high school expenditures in each Japanese prefecture. More...
Persistent link: https://www.econbiz.de/10010837085
As state governments face budget gaps of tens of billions of dollars in FY2009 and FY2010, this issue brief calculates the potential detrimental effects of state budget cuts on unemployment. While Congress considers a national economic recovery package, this issue brief highlights the fact that...
Persistent link: https://www.econbiz.de/10005048521
Municipalities may have various motives for decisions on the mode of their task execution. Empirical studies – based on both public choice and transaction costs theory - have not yet provided a fully comprehensive explanation for municipal contracting out decisions. Therefore, we held...
Persistent link: https://www.econbiz.de/10011256842
We construct an endogenous growth model with productive public capital and government debt, in which government debt is gradually adjusted to the target level. We examine how the governmentfs debt reductions affect the transitional dynamics and welfare of the economy. We show that fiscal...
Persistent link: https://www.econbiz.de/10010907600
Tax changes are often announced before the implementations and are not permanent but only temporary. R&D firms will optimally adjust their investment decision to a tax schedule accordingly. This paper analyzes how anticipated and temporary tax changes dynamically affect the innovation...
Persistent link: https://www.econbiz.de/10010907601
We construct an endogenous growth model with productive public capital and government debts where government debts are gradually adjusted to target level. We examine how debt-reductions of the government affect the transitional dynamics and welfare of the economy. Fiscal consolidation has...
Persistent link: https://www.econbiz.de/10010938666