"Public assistance and local public finance in Japan: A description of local programs and their finances with city data in late 2000s" (in Japanese)

Masayoshi Hayashi

No CIRJE-J-264, CIRJE J-Series from CIRJE, Faculty of Economics, University of Tokyo

Abstract: In the late 1940s, the Japanese economy transited to a market economy from an economy under the government planning and control, which had continued since the period of the Sino-Japanese War. This paper explored the impact of the transition on the micro-aspect of the economy, focusing on the coal mining industry. By comparing productivity of coal mines before and after the transition, we found that the price control indeed hurt the incentive for coal mines, in particular relatively efficient ones, to enhance productivity.

Pages: 31 pages
Date: 2014-10
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Persistent link: https://EconPapers.repec.org/RePEc:tky:jseres:2014cj264

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