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 Artikel |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2003
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| Schlagworte: | |
| Online-Zugang: | 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 p.) |
| DOI: | 10.1787/eco_studies-v2002-art8-en |
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| spelling | Arjona, Roman VerfasserIn aut Social Protection and Growth Roman, Arjona, Maxime, Ladaique and Mark, Pearson Paris OECD Publishing 2003 1 Online-Ressource (51 p.) Text txt rdacontent Computermedien c rdamedia Online-Ressource 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 MitwirkendeR ctb Pearson, Mark MitwirkendeR ctb Enthalten in OECD Economic Studies Vol. 2002, no. 2, p. 7-45 volume:2002 year:2002 number:2 pages:7-45 Parallele Sprachausgabe Französisch Protection sociale et croissance FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/eco_studies-v2002-art8-en 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_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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