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Local Public Investment and Regional Business Cycle Fluctuations in Japan

Tomomi Miyazaki () and Haruo Kondoh ()
Additional contact information
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

Abstract: 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
Date: 2016-09
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http://www.econ.kobe-u.ac.jp/RePEc/koe/wpaper/2016/1624.pdf

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