Fiscal bankruptcy of a local government: the case of Yubari city

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Other Title
  • 地方自治体の財政破綻 : 夕張市のケース
  • チホウ ジチタイ ノ ザイセイ ハタン : ユウバリシ ノ ケース

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Abstract

This paper has prepared two purposes. The first purpose is that when a local government does fiscal bankruptcy, Yubari city is made into an example and it is verified what kind of transition various kinds of financial indexes have shown by the time it results in fiscal bankruptcy. The second purpose is to show that an authorized financial institution is thought of as one factor which causes fiscal bankruptcy. The results obtained by the analysis are as follows: although the financial index seen in this paper is a flow index, it is difficult to expect fiscal bankruptcy by flow indexes and the efficiency of Yubari city that is estimated by DEA is low compared with other city averages.

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  • 經濟學論叢

    經濟學論叢 59 (1), 51-72, 2007-07-10

    The Doshisha Economic Association

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