Apr. 24, 2017

論文Article

政府支出と民間消費の代替・補完関係 －－展望とパネル分析－－

宮崎智視 (神戸大学), 大久保正勝 (筑波大学), 釣 雅雄 (岡山大学)

Are Government Expenditure and Private Consumption Substitutes or Complements? : A Literature Review and Panel Data Analysis

Tomomi Miyazaki (Graduate School of Economics, Kobe University), Masakatsu Okubo (Faculty of Engineering, Information and Systems, University of Tsukuba), Masao Tsuri (Graduate School of Humanities and Social Sciences, Okayama University)

要旨Abstract

　本稿では，日本の都道府県パネルデータを用いて，政府支出，とりわけ政府消費と民間消費の代替・補完関係を検証した．特に，政府消費と民間消費の同時点間の代替の弾力性に着目し推定を試みた．計量分析の結果，標本期間の後半（1994年－2009年）と，地方圏および高齢化が進展している地域においては，代替の弾力性の推定値が有意に正になることが確認された．

　This paper investigates whether government expenditure, especially government consumption, and private consumption are substitutes or complements using Japanese prefectural panel data. To this end, we estimate the intratemporal elasticity of substitution between government and private consumption. The results show that the intratemporal elasticity of substitution is estimated to be positive and significant when the samples are selected in three ways: the latter part of our sample period (1994‐2009), rural areas, and prefectures with high proportions of the elderly.

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書誌情報Bibliographic information

Vol. 66, No. 2, 2015 , pp. 115-126
HERMES-IR（一橋大学機関リポジトリ）: https://doi.org/10.15057/27511
JEL Classification Codes: E21, E62, H30