Overview
- Covers broad new topics on both the theory and the empirics of local public finance
- Presents through empirical research the recent circumstances of public finance surrounding local governments in Japan
- Contains models that will interest not only public economics theorists but also empirical researchers on Japan’s local public finance
Part of the book series: New Frontiers in Regional Science: Asian Perspectives (NFRSASIPER, volume 37)
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Table of contents (18 chapters)
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Front Matter
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Decentralization and Coordination (Japanese Experience)
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Front Matter
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Vertical and Horizontal Fiscal Adjustment (From Traditional View to New View)
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Front Matter
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Application of Political Economics and Empirical Analysis
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Front Matter
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Keywords
About this book
This book introduces recent developments in both theoretical and empirical analyses of local public economics. Theories of those economics as well as empirical analyses have been developed dramatically in various directions in recent years.
One direction has been to reflect real economic circumstances, especially in Japan. In the early 2000s, Japan experienced the so-called great merger (or consolidation) of municipalities in the Heisei era (1999 through the present), with the number of municipalities shrinking from 3,232 to 1,821 for increasing administrative and financial efficiency. This phenomenon is mainly due to a drastic change in demography in Japan: the dimishing birthrate and aging population. Following the consolidation, regional coordination has been undertaken to raise overall administrative and financial efficiency. In sum, various types of public policies for tackling the decreasing birthrate and aging population have been carried out. Urban sprawl and the timing of municipal mergers are dealt with from a broad point of view, and public child care services and tax competition are investigated from a policy standpoint.
Another direction has been to incorporate new ideas for forming theoretical frameworks for local public finance, most of which have been based on static situations. In the recent trend toward globalization, local governments have attended not only to the welfare of residents but also to the interests of regional economic development. In addition, decision making by local governments has tended to be affected by political activities. Thus, the endogenous growth setting and lobbying activities for the activities of local governments are discussed in the book. With these new directions for analyses, the author tackles the topics of tax competition, cross-border shopping, local provision of public goods, and soft budgets, thus covering a broad range of aspects of local public finance.
Editors and Affiliations
About the editors
Kazuyuki Nakamura, Faculty of Economics, University of Toyama
Kota Sugahara, Faculty of Economics, Kyoto Sangyo University
Mitsuyoshi Yanagihara, Graduate School of Economics, Nagoya University
Bibliographic Information
Book Title: Advances in Local Public Economics
Book Subtitle: Theoretical and Empirical Studies
Editors: Minoru Kunizaki, Kazuyuki Nakamura, Kota Sugahara, Mitsuyoshi Yanagihara
Series Title: New Frontiers in Regional Science: Asian Perspectives
DOI: https://doi.org/10.1007/978-981-13-3107-7
Publisher: Springer Singapore
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2019
Hardcover ISBN: 978-981-13-3106-0Published: 05 March 2019
eBook ISBN: 978-981-13-3107-7Published: 23 February 2019
Series ISSN: 2199-5974
Series E-ISSN: 2199-5982
Edition Number: 1
Number of Pages: XII, 366
Number of Illustrations: 32 b/w illustrations
Topics: Regional/Spatial Science, Economic Policy, Political Economy/Economic Systems, Industries, Marketing, Regional Development