Quantitative Effects of Growth Policies: An overview (Japanese)

Masayuki Morikawa

Policy Discussion Papers (Japanese) from Research Institute of Economy, Trade and Industry (RIETI)

Abstract: Although the importance of a growth strategy is undisputed, the quantitative effects of individual policy measures on economic growth rate rarely have been reported. This paper, from the viewpoint of the users of academic research, overviews the quantitative impacts of frequently advocated, growth-enhancing policies based upon statistical data and past empirical studies. First, upgrading economic fundamentals such as the quality of human capital and innovation capability greatly contributes to economic growth, but a long period of time is necessary for these policies to be fully materialized. Second, it is also important to reduce the negative effects of factors affecting economic growth. Third, it is desirable to reduce macroeconomic instability and policy uncertainties. For the purpose of contributing to policy planning, this paper boldly presents "guesstimates" on the effects of various growth policies. I will continue to improve the paper by incorporating comments and criticisms.

Pages: 34 pages
Date: 2015-02
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.rieti.go.jp/jp/publications/pdp/15p001.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:eti:rpdpjp:15001

Access Statistics for this paper

More papers in Policy Discussion Papers (Japanese) from Research Institute of Economy, Trade and Industry (RIETI) Contact information at EDIRC.
Bibliographic data for series maintained by TANIMOTO, Toko ().