Nonlinear Effects of Public Capital in Japan: A Panel Threshold Regression Approach

Naoto Tanemoto (), Hinami Takai () and Tomomi Miyazaki ()
Additional contact information
Naoto Tanemoto: Graduate School of Economics, Kobe University
Hinami Takai: Graduate School of Economics, Kobe University
Tomomi Miyazaki: Graduate School of Economics, Kobe University

No 2516, Discussion Papers from Graduate School of Economics, Kobe University

Abstract: This study examines the nonlinear effects of public capital in Japan by using a panel threshold regression method. First, our empirical results confirm the threshold effects of public capital productivity in Japan. Second, we demonstrate that rural regions gradually become low productivity regions over time. These results imply that the consideration of threshold effects is essential for understanding nonlinearities in the level of public capital and its economic effects in Japan. JEL Classification: E24, E62, H30

Keywords: Public capital; nonlinearity; panel threshold regression (search for similar items in EconPapers)
Pages: 25 pages
Date: 2025-07
New Economics Papers: this item is included in nep-eff, nep-fdg and nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.econ.kobe-u.ac.jp/RePEc/koe/wpaper/2025/2516.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:koe:wpaper:2516

Access Statistics for this paper

More papers in Discussion Papers from Graduate School of Economics, Kobe University Contact information at EDIRC.
Bibliographic data for series maintained by Kimiaki Shirahama ( this e-mail address is bad, please contact ).