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ID 4778
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Analysis of Various Subsidies by Local Governments for the COVID-19’s Disaster
作成者
松田 桃子
DOI[info:doi/]
掲載誌名
和歌山大学経済学会研究年報
出版者
和歌山大学経済学会
ISSN
1880490X
NCID
AA1205610X
25
開始ページ
1
終了ページ
11
並び順
1
発行日
2021-09-30
本文言語
日本語
キーワード(和)
新型コロナウイルス禍
助成金
主成分分析
キーワード(欧)
COVID-19's disaster
subsidy
Principal Component Analysis
抄録(欧)
The first cases of the COVID-19 appeared in Japan in January 2020. The number of infected persons has increased and decreased, and as of October 11, 2021, the fifth wave became under control.The four emergency declarations by the Japanese government that have been issued so far have included restricting business by restaurants and tourist agencies. Legally imposing opening and closing hours and other measures naturally have a negative impact on the restaurant business. Therefore, the government offered subsidies to the business sector, such as subsidies for sustainability and monthly subsidies, as well as loans through financial institutions (including subordinated loans). In addition to the subsidies led by the government, these subsidies were also implemented by local governments, such as prefectures and municipalities, but the implementation of these subsidies by municipalities has differed from region to region, and the overall picture is still unclear. This paper examines the actual conditions and characteristics of various subsidy programs implemented by local governments throughout Japan using principal component analysis to classify the subsidy programs of local governments (up to the third principal component). The main findings are as follows; Firstly, the first principal component was interpreted as the “all-or-nothing subsidy implementation type,” the second principal component was interpreted as the “tourism support, infection control, and other local revitalization type,” and the third principal component was interpreted as the “fixed cost, employment subsidy type, and local business support type”. Secondly, although the policies of local governments in response to COVID-19 are complementary to government subsidies, it is clear that they are mainly used to “support the sustainability of local industries,” including support for tourism, infection control, and various fixed costs (for private companies).
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