市町村における財政調整基金の積立要因に関する実証分析

抄録

In this paper, we explore how local governments increase the public finance adjustment fund using panel data at the municipal level in Japan. The analysis presents several results. First, non-merger municipalities secure the finance resources needed to accumulate the public finance adjustment fund through cuts in expenditures. However, they may fear an increase in expenditure due to growth of the aging population in the future. Second, merger municipalities allot an increase in tax allocation, using special computation measures for merged local bodies, for the accumulation of the public finance adjustment fund.