This paper explores, using Japanese panel data for the years 1988–2009, how externalities from congestion and human capital influence deaths caused by chronic illnesses. Major findings through fixed effects 2SLS estimation were as follows: (1) during the first-half period 1988-98, the number...

Empirical results using cross-country data suggest that public spending on education increases the rate of students skipping school but does not influence the rate of students completing school. This infers that public spending on education leads to a deterioration in the effectiveness of education.