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Record W4414309558 · doi:10.1080/2329194x.2025.2552381

The relationship between revenue and expenditure in modern Japan: A wavelet-based analysis of 150 years

2025· article· en· W4414309558 on OpenAlexaff
Yu Wang, Nagatomi Hirayama

Bibliographic record

VenueThe Japanese Political Economy · 2025
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicHousing Market and Economics
Canadian institutionsUniversity of Alberta
Fundersnot available
KeywordsRevenueGovernment (linguistics)Capital expenditureWork (physics)

Abstract

fetched live from OpenAlex

This study reevaluates the relationship between Japanese government revenue and expenditure from a time-frequency standpoint. Specifically, we employ the wavelet-based Granger test within the period from 1870 to 2019. Our findings demonstrate bilateral positive effects between government income and spending. Consequently, both the tax-spend and spend-tax hypotheses are affirmed in modern Japan. However, the prevailing pattern over time has shifted from tax-spend to spend-tax. Given the predominant focus of prior studies on the postwar era employing time-domain approaches, our analysis presents a comprehensive perspective encompassing diverse time-frequency combinations. We discuss the implications of this research in the concluding section.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.233
Threshold uncertainty score0.445

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.033
GPT teacher head0.257
Teacher spread0.224 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2025
Admission routes1
Has abstractyes

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