@article{oai:nagasaki-u.repo.nii.ac.jp:00023564,
 author = {工藤, 健},
 journal = {長崎大学経済学部研究年報},
 month = {Mar},
 note = {In this paper we test the Japanese government deficits sustainability and examine the fiscal discipline by estimating a Markov-switching model. From the results of our analysis, we can say that the government deficits are not sustainable at the first-order, but sustainable at the second-order. The fiscal discipline was hardly kept in sample period, though some exceptions are there. We need to keep the fiscal surpluses by several years to recover the discipline., 長崎大学経済学部研究年報. vol.22, p.61-77; 2006},
 pages = {61--77},
 title = {財政赤字の持続可能性と構造変化 : 日本の長期統計を用いた分析},
 volume = {22},
 year = {2006}
}