Social Protection and Growth:
Public social expenditure accounts for 25 per cent of GDP, or even more in some countries. That expenditure on this scale has some effect on growth seems very likely, but the direction of the effect is disputed by different schools of thought. Using new data sources and panel data econometric techni...
Gespeichert in:
| 1. Verfasser: | |
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| Weitere Verfasser: | , |
| Format: | Elektronisch Buchkapitel |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2003
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| Schlagworte: | |
| Online-Zugang: | DE-384 DE-473 DE-824 DE-29 DE-739 DE-355 DE-20 DE-1028 DE-1049 DE-521 DE-861 DE-898 DE-92 DE-91 DE-573 DE-19 Volltext |
| Zusammenfassung: | Public social expenditure accounts for 25 per cent of GDP, or even more in some countries. That expenditure on this scale has some effect on growth seems very likely, but the direction of the effect is disputed by different schools of thought. Using new data sources and panel data econometric techniques, this paper sheds new light on the issue. Evidence is found in favour of the proposition that more social expenditure reduces growth. However, "active" social spending, including active labour market policies, make work pay policies and spending on family services, appears to have the opposite effect and may be growth-enhancing |
| Beschreibung: | 1 Online-Ressource (51 Seiten) |
| DOI: | 10.1787/eco_studies-v2002-art8-en |
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| spelling | Arjona, Roman Verfasser aut Social Protection and Growth Roman Arjona, Maxime Ladaique and Mark Pearson Paris OECD Publishing 2003 1 Online-Ressource (51 Seiten) txt rdacontent c rdamedia cr rdacarrier Public social expenditure accounts for 25 per cent of GDP, or even more in some countries. That expenditure on this scale has some effect on growth seems very likely, but the direction of the effect is disputed by different schools of thought. Using new data sources and panel data econometric techniques, this paper sheds new light on the issue. Evidence is found in favour of the proposition that more social expenditure reduces growth. However, "active" social spending, including active labour market policies, make work pay policies and spending on family services, appears to have the opposite effect and may be growth-enhancing Economics Ladaique, Maxime ctb Pearson, Mark ctb https://doi.org/10.1787/eco_studies-v2002-art8-en Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Arjona, Roman Social Protection and Growth Economics |
| title | Social Protection and Growth |
| title_auth | Social Protection and Growth |
| title_exact_search | Social Protection and Growth |
| title_exact_search_txtP | Social Protection and Growth |
| title_full | Social Protection and Growth Roman Arjona, Maxime Ladaique and Mark Pearson |
| title_fullStr | Social Protection and Growth Roman Arjona, Maxime Ladaique and Mark Pearson |
| title_full_unstemmed | Social Protection and Growth Roman Arjona, Maxime Ladaique and Mark Pearson |
| title_short | Social Protection and Growth |
| title_sort | social protection and growth |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/eco_studies-v2002-art8-en |
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