Fiscal Policy in Japan -An Evaluation of Public Investment-

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Other Title
  • 日本の財政政策―公共投資の評価―
  • ニホン ノ ザイセイ セイサク コウキョウ トウシ ノ ヒョウカ

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Abstract

This paper investigates Japanese fiscal policy since 1950s from the viewpoint of merits and costs of public investment. Section 1 briefly summarizes the post-war fiscal policy in Japan and evaluates how Keynesian fiscal policy has been effectively employed. Section 2 investigates the future benefits of public consumption and public investment. Finally, section 3 discusses the sustainability of government deficit and analyzes the political-economic aspect of fiscal reconstruction which aims to reduce spending on public works.

Journal

  • 経済研究

    経済研究 52 (1), 16-30, 2001-01-15

    岩波書店

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