Local Public Investment and Regional Business Cycle Fluctuations in Japan
Tomomi Miyazaki () and
Haruo Kondoh ()
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Tomomi Miyazaki: Graduate School of Economics, Kobe University
Haruo Kondoh: Department of Economics, Seinan Gakuin University
No 1624, Discussion Papers from Graduate School of Economics, Kobe University
This paper examines the relationship between regional business cycle fluctuations and local public investment in Japan. The empirical results show the possibility that a part of the local public investment decided by political factors may amplify regional business cycle fluctuations. @ @
Keywords: Local public investment; Volatility of the regional economy; Regional business cycles (search for similar items in EconPapers)
JEL-codes: E32 E62 H30 H54 R53 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-mac, nep-sbm and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:koe:wpaper:1624
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