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Revenue, Expenditure and Intergovernmental Transfer in Japan

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  • Mochida, Nobuki

    (Faculty of Economics, University of Tokyo.)

Abstract

The defining characteristic of Japan's system of intergovernmental fiscal relation has been the strong collective preference for equal access to public goods. Equal access to public goods and fair sharing of the burden to finance these goods were viewed as essential for economic and social development. Interregional redistribution is, therefore, the central issue for Japan's system of intergovernmental fiscal relations. However, now Japan has been faced second transitional phase after the Second World War. This means a shift away from a society which emphasizes equal access to public services and equitable sharing of the burden of paying for them, toward a society which gives priority to individual citizen's expressed preference.

Suggested Citation

  • Mochida, Nobuki, 1997. "Revenue, Expenditure and Intergovernmental Transfer in Japan," CIRJE F-Series 97-F-3, CIRJE, Faculty of Economics, University of Tokyo.
    • Handle: RePEc:tky:fseres:97f03
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