The emergence of (3+1)-dimensional expanding space-time in the Lorentzian type IIB matrix model is an intriguing phenomenon which was observed in Monte Carlo studies of this model. In particular, this may be taken as a support to the conjecture that the model is a nonperturbative formulation of superstring theory in (9+1) dimensions. In this paper we investigate the space-time structure of the matrices generated by simulating this model and its simplified versions, and find that the expanding part of the space is described essentially by the Pauli matrices. We argue that this is due to an approximation used in the simulation to avoid the sign problem, which actually amounts to replacing e iS b by e βS b (β > 0) in the partition function, where S b is the bosonic part of the action. We also discuss the possibility of obtaining a regular space-time with the (3+1)-dimensional expanding behavior in the original model with the correct e iS b factor.