Spatial Patterns of Flypaper Effects for Local Expenditure by Policy Objective in Japan: A Bayesian Approach
Spatial Patterns of Flypaper Effects for Local Expenditure by Policy Objective in Japan: A Bayesian Approach
复制标题
日本按政策目标划分的粘蝇纸效应的空间模式：贝叶斯方法
DOI：
10.1016/j.econmod.2013.11.028
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发表时间：
2014
影响因子：
4.7
通讯作者：
Hideo Yunoue and Takashi Kuramoto
中科院分区：
文献类型：
--
作者：
Kazuhiko Kakamu;Hideo Yunoue and Takashi Kuramoto
地方公共财政的实证研究发现，一次性补助对支出的边际效应大于对收入的边际效应，从而为“蝇纸效应”提供了证据。然而，大多数现有研究仅采用单方程模型来测试粘蝇纸效应。在本文中，我们指定了一个看似无关的回归（SUR）模型来研究日本的粘蝇纸效应，主要是因为其他类别的支出会影响特定政策目标的支出。我们还将空间交互纳入我们的估计模型中，并采用贝叶斯方法来估计我们的模型。我们的结果表明，具有空间误差模型的 SUR 比其他几个规范更适合此目的。使用这种方法，我们观察了土地开发、警察、教育和债务支出中的粘蝇纸效应以及卫生、警察、教育和灾后恢复支出中的空间相互作用的证据。
The empirical work on local public finance has found that the marginal effect of lump-sum grants on expenditure is larger than that of income, thereby providing evidence of the “flypaper effect”. However, most existing studies only employ single equation models to test the flypaper effect. In this paper, we specify a seemingly unrelated regression (SUR) model to examine the flypaper effect in Japan, primarily because other categories of expenditure influence the expenditure on particular policy objectives. We also include spatial interaction in our estimation model and employ a Bayesian approach in estimating our model. Our results show that SUR with a spatial error model is better for this purpose than several other specifications. Using this approach, we observe evidence of the flypaper effect in land development, police, education, and debt expenditure, and spatial interaction in sanitation, police, education, and disaster recovery expenditure.