抄録
In this paper, we formulate an econometric model that estimates both fiscal and tourism multipliers simultaneously for each remote island region in Japan, and analyze the results through a meta-analytic approach that allows us to evaluate the impact of this policy on regions with different characteristics. The results show that the null hypothesis that fiscal and tourism multipliers are zero in all remote island regions can be rejected. However, the null hypothesis that tourism multipliers are equal to zero in all remote island regions cannot be rejected for remote
island regions with positive and statistically significant fiscal multipliers.
