Demographic Structure and Public Education Expenditure in Japan

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On the relationship between the change of the demographic structure due to ageing in addition to the decreasing of numbers of children and the public education expenditure for children, so-called the existence of “intergenerational conflict” is investigated by panel data analysis of econometric methods using Japanese prefecture data (1994-2009). Applying the DOLS estimation method, its estimating results show that the intergenerational conflict exists from the viewpoint of demographic change in Japan, but it seems doubtful from the viewpoint of fiscal policy on the per capita public expenditure for aged people.