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In this paper we examine the effect of public investment on the regional economies of Japan. The efficient policy for regional allocation of public capital is to invest in highly productive regions, whereas the actual policy pursues equity goals by allocating more public investment to depressed...
Persistent link: https://www.econbiz.de/10005655207
In this paper we examine the effect of public investment on the regional economies of Japan. The efficient policy for regional allocation of public capital is to invest in highly productive regions, whereas the actual policy pursues equity goals by allocating more public investment to depressed...
Persistent link: https://www.econbiz.de/10014146747
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In this paper data from the 1985 Japanese Population Census are used to measure 'excess' commuting among 211 origin and destination points in the Tokyo Metropolitan Area. Using an approach developed by Hamilton, it is found that about 90 per cent of commuting time in Tokyo is excess. Using...
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