This article examines some of the background to the 1954 Japan-United States Income Tax Treaty from a historical perspective.Japanese domestic law developed the “source” of income concept and implemented a foreign tax credit system during the three years of treaty negotiations. The 1954...

There have been various empirical researches on the effects of income distribution on economic growth. Although studies using cross-country data used to be common, recent researches started to use regional panel-data within one country. This paper uses Japanese prefectural panel data to analyze...

This paper uses Japanese prefectural panel data to analyze how income distribution affects economic growth. In the fixed effects and the GMM estimations, the income share of the third quintile has positive and statistically significant effects on five-year economic growth rates. On the other...