「観光と財政支出が奄美経済に与える効果について」

<要旨>
The Amami Islands are located 380 kilometers southwest of Japan proper.
These islands have two economic features: they are islands that many tourists visit because of their natural resources, and they are an undeveloped area where the central government of Japan provides large fiscal subsidies.  We investigate the impacts of tourism and fiscal expenditure simultaneously.  The results show that one tourist and about 52,000 yen (about US$480) fiscal expenditure are substitutable in the end.