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Decisions on regional allocation of public investment: the case of Japan

Author

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  • Kimiyoshi Kamada
  • Nobuhiro Okuno
  • Ritsuko Futagami

Abstract

In this paper, the basic economic factors underlying government decisions on regional allocation of public investment will be examined in relation to the stages of economic development of Japan. We will show that the improvement of dualism in regional income inequality has been the most significant factor for decisions made since the 1950s, while the growth-oriented economic policy explains the regional allocation of public investment for the period from the late 1950s to the mid-1960s.

Suggested Citation

  • Kimiyoshi Kamada & Nobuhiro Okuno & Ritsuko Futagami, 1998. "Decisions on regional allocation of public investment: the case of Japan," Applied Economics Letters, Taylor & Francis Journals, vol. 5(8), pages 503-506.
    • Handle: RePEc:taf:apeclt:v:5:y:1998:i:8:p:503-506
    DOI: 10.1080/135048598354438
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    Cited by:

    1. Fumitoshi Mizutani & Tomoyasu Tanaka, 2010. "Productivity effects and determinants of public infrastructure investment," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 44(3), pages 493-521, June.
    2. Rodriguez-Oreggia, Eduardo & Rodriguez-Pose, Andres, 2004. "The Regional Returns of Public Investment Policies in Mexico," World Development, Elsevier, vol. 32(9), pages 1545-1562, September.

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