IDEAS home Printed from https://ideas.repec.org/p/tky/jseres/2014cj260.html
   My bibliography  Save this paper

"Debt Sustainability Analysis at Subnational Level" (in Japanese)

Author

Listed:
  • Nobuki Mochida

    (Faculty of Economics, The University of Tokyo)

Abstract

How do local governments react to the accumulation of debt? Whereas public debt/GDP ratio has reached the worst levels in Japan, this paper provides evidence of corrective action: the marginal response of primary surpluses to changes in debt is increasing in the debt-GDP ratio. This paper also raises a puzzle that local governments in the rural area take corrective measure when the debt-GDP ratio starts rising, while local governments of the metropolis let the debt grow.

Suggested Citation

  • Nobuki Mochida, 2014. ""Debt Sustainability Analysis at Subnational Level" (in Japanese)," CIRJE J-Series CIRJE-J-260, CIRJE, Faculty of Economics, University of Tokyo.
    • Handle: RePEc:tky:jseres:2014cj260
    as

    Download full text from publisher

    File URL: http://www.cirje.e.u-tokyo.ac.jp/research/dp/2014/2014cj260.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tky:jseres:2014cj260. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CIRJE administrative office (email available below). General contact details of provider: https://edirc.repec.org/data/ritokjp.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.