Yoshino, Naoyuki; Mizoguchi, Tetsuro - In: Asian Economic Papers 9 (2010) 1, pp. 94-112
This paper discusses the Liberal Democratic Party's (LDP) ability to maintain a majority of seats in the Diet after WWII by focusing on the role of public investment. The paper discusses three periods, namely, (i) the high-growth period (1950 to 1985), (ii) the asset bubble period (1986 to...