초록 열기/닫기 버튼
This paper analyzes the correspondent relations between local public goods and local tax, grant-in-aid and G.R.D.P. in Korea and Japan. Local public expenditure data are used to analyze the proxy variable of local public goods. The result proves that the local public expenditure of Korea and Japan had little to do with the local tax. However, it shows that the coefficient of grant-in-aid is greater than that of local tax. Moreover, the coefficients between Social Development Expenditure(in Korea) or Welfare Expenditure(in Japan) and G.R.D.P per capita are higher than the coefficients between Economic Development Expenditure and G.R.D.P per capita. According to this analysis, it is necessary to reform the local tax system which raises the correspondent relations between the local tax and local public expenditure in Korea and Japan. It will also be required to reform the revenue between central government and local government in both nations.
키워드열기/닫기 버튼
Korea, Japan, Local public expenditure, Local public goods, Local tax, Grant-in-Aid, Local economy, Panel analysis
