Public investment and the fiscal common pool problem on municipal mergers in Japan

被引：5

作者：

Hirota, Haruaki ^{[1
]}

Yunoue, Hideo ^{[2
]}

机构：

[1] Musashi Univ, Fac Econ, Nerima Ku, 1-26-1 Toyotama Kami, Tokyo 1768534, Japan

[2] Nagoya City Univ, Grad Sch Econ, Mizuho Ku, 1 Yamanohata,Mizuho Cho, Nagoya, Aichi 4678501, Japan

来源：

ECONOMIC ANALYSIS AND POLICY | 2020年 / 67卷

基金：

日本学术振兴会;

关键词：

Fiscal common pool problem; Municipal mergers; Public investment; Subordinate merger partner; LOCAL-GOVERNMENT; AMALGAMATIONS; EXPENDITURES; COSTS; SIZE;

D O I：

10.1016/j.eap.2020.07.001

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The purpose of this paper is to reveal the kinds of public investment that create a fiscal common pool problem through municipal mergers in Japan. In particular, we focus on whether municipal mergers increase road and public park construction immediately before the mergers because previous papers reveal that municipal mergers increase only local bonds. The empirical results show that subordinate merger partners rapidly increase their road and public park expenses just before mergers. (c) 2020 Economic Society of Australia, Queensland. Published by Elsevier B.V. All rights reserved.

引用

页码：124 / 135

页数：12

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