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  1. A400 経済学部/経済学研究科
  2. A400b 紀要
  3. 経済科学
  4. 55(1)

厚生最大化の観点からみたわが国の公共投資と政府消費の配分のあり方について -1980~90年代の地域データを用いたオイラー方程式による実証分析 -

https://doi.org/10.18999/ecos.55.1.9
https://doi.org/10.18999/ecos.55.1.9
c509ad03-2bc6-4b5e-a385-ba73be2de928
名前 / ファイル ライセンス アクション
kondo.pdf kondo.pdf (1.7 MB)
Item type 紀要論文 / Departmental Bulletin Paper(1)
公開日 2007-07-27
タイトル
タイトル 厚生最大化の観点からみたわが国の公共投資と政府消費の配分のあり方について -1980~90年代の地域データを用いたオイラー方程式による実証分析 -
その他のタイトル
その他のタイトル Public Investment and Government Consumption for Welfare Maximization : An Euler Equation Approach Using Japanese 10-area Data
著者 近藤, 智

× 近藤, 智

WEKO 18450

近藤, 智

Search repository
KONDO, Satoshi

× KONDO, Satoshi

WEKO 18451

KONDO, Satoshi

Search repository
抄録
内容記述 The share of government consumption to GDP in Japan was much lower that that in the other developed countries till the late 1990s while that of public investment in Japan was incredibly high. We focus on the facts. First, we consider the model that includes both public investment and government consumption. Then we point out that the government tends to over-value public capital if she under-appreciates people’s preference for government consumption and, as a result, welfare maximization may not be realized even though the government acts dynamically “optimal”. Second, we estimate an Euler equation based on the model above, using Japanese 10-area data from 1980 to 1998 fiscal year. The results show the possibility that not only was marginal productivity of public capital less than that of private capital but also people’s preference for government consumption was under-appreciated. We conclude that Japanese government likely under-appreciated government consumption till at least the late 1990s while she attached relatively high importance to growth in economy and invested more than the optimal level. In the results, welfare maximization was not possibly achieved.
内容記述タイプ Abstract
出版者
出版者 名古屋大学大学院経済学研究科
言語
言語 jpn
資源タイプ
資源 http://purl.org/coar/resource_type/c_6501
タイプ departmental bulletin paper
ID登録
ID登録 10.18999/ecos.55.1.9
ID登録タイプ JaLC
ISSN(print)
収録物識別子タイプ ISSN
収録物識別子 0022-9725
書誌情報 経済科学

巻 55, 号 1, p. 9-26, 発行日 2007-06-30
フォーマット
application/pdf
著者版フラグ
値 publisher
URI
識別子 http://hdl.handle.net/2237/8597
識別子タイプ HDL
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