A New Perspective on Agglomeration Economies in JapanMarket Access, Agglomeration Economies, and Productive Efficiency (II)
A New Perspective on Agglomeration Economies in Japan: Market Access, Agglomeration Economies,...
Otsuka, Akihiro
2017-09-19 00:00:00
[This chapter examines the impacts of agglomeration economies and fiscal transfer on productive efficiency in Japanese regional industries. Two popular methodologies, stochastic frontier analysis and data envelopment analysis, are applied to measure productive efficiency. The empirical findings are summarized as follows: (1) Agglomeration economies improve productive efficiency. (2) Fiscal transfer negatively influences productive efficiency. (3) Those two findings are observed for aggregated manufacturing and non-manufacturing industries, and for sectors in manufacturing industries. (4) The importance of agglomeration economies for regional industries has increased in recent years. Based on these results, this chapter discusses effective regional policy for Japan.]
http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.pnghttp://www.deepdyve.com/lp/springer-journals/a-new-perspective-on-agglomeration-economies-in-japan-market-access-yG0JImqc0F
A New Perspective on Agglomeration Economies in JapanMarket Access, Agglomeration Economies, and Productive Efficiency (II)
[This chapter examines the impacts of agglomeration economies and fiscal transfer on productive efficiency in Japanese regional industries. Two popular methodologies, stochastic frontier analysis and data envelopment analysis, are applied to measure productive efficiency. The empirical findings are summarized as follows: (1) Agglomeration economies improve productive efficiency. (2) Fiscal transfer negatively influences productive efficiency. (3) Those two findings are observed for aggregated manufacturing and non-manufacturing industries, and for sectors in manufacturing industries. (4) The importance of agglomeration economies for regional industries has increased in recent years. Based on these results, this chapter discusses effective regional policy for Japan.]
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