Determinants of General Government Social Spending: Evidence from the Eurozone.

The paper analyses selected determinants of social spending in the eurozone countries. The sample includes 17 eurozone countries (euro area countries except for Malta and Slovenia) analysed over the time sample, which covers annual data between 1996 and 2017. The paper takes into account three categ...

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Main Author: Agata Szymańska
Format: Article
Language:English
Published: Polish Economic Society 2021-08-01
Series:Ekonomista
Subjects:
Online Access:https://ekonomista.pte.pl/Determinants-of-General-Government-Social-Spending-Evidence-from-the-Eurozone-,150138,0,2.html
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author Agata Szymańska
author_facet Agata Szymańska
author_sort Agata Szymańska
collection DOAJ
description The paper analyses selected determinants of social spending in the eurozone countries. The sample includes 17 eurozone countries (euro area countries except for Malta and Slovenia) analysed over the time sample, which covers annual data between 1996 and 2017. The paper takes into account three categories of social spending: aggregated welfare spending, aggregated social protection spending, and spending on social protection benefits, and evaluates the statistical and quantitative effects of their selected determinants. The set of determinants includes general macroeconomic variables related to the condition of the economy and selected demographic factors. The analysis is based on panel data. The obtained results point out the effects of macroeconomic factors on social-type spending and the effects of old-age dependency ratio on spending, whereas the significance of the rest of the analysed demographic factors is generally ambiguous and depends on the type of spending under consideration, applied approach, specification, as well as the control variables used in the analysis.
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spelling doaj.art-d02bb60c8b304fbd9fc7a16d424c97a72023-07-24T11:00:28ZengPolish Economic SocietyEkonomista0013-32052299-61842021-08-01450852810.52335/dvqigjykff25150138Determinants of General Government Social Spending: Evidence from the Eurozone.Agata SzymańskaThe paper analyses selected determinants of social spending in the eurozone countries. The sample includes 17 eurozone countries (euro area countries except for Malta and Slovenia) analysed over the time sample, which covers annual data between 1996 and 2017. The paper takes into account three categories of social spending: aggregated welfare spending, aggregated social protection spending, and spending on social protection benefits, and evaluates the statistical and quantitative effects of their selected determinants. The set of determinants includes general macroeconomic variables related to the condition of the economy and selected demographic factors. The analysis is based on panel data. The obtained results point out the effects of macroeconomic factors on social-type spending and the effects of old-age dependency ratio on spending, whereas the significance of the rest of the analysed demographic factors is generally ambiguous and depends on the type of spending under consideration, applied approach, specification, as well as the control variables used in the analysis.https://ekonomista.pte.pl/Determinants-of-General-Government-Social-Spending-Evidence-from-the-Eurozone-,150138,0,2.htmlgovernment spendingpanel datasocioeconomic determinantseurozonesocial spending
spellingShingle Agata Szymańska
Determinants of General Government Social Spending: Evidence from the Eurozone.
Ekonomista
government spending
panel data
socioeconomic determinants
eurozone
social spending
title Determinants of General Government Social Spending: Evidence from the Eurozone.
title_full Determinants of General Government Social Spending: Evidence from the Eurozone.
title_fullStr Determinants of General Government Social Spending: Evidence from the Eurozone.
title_full_unstemmed Determinants of General Government Social Spending: Evidence from the Eurozone.
title_short Determinants of General Government Social Spending: Evidence from the Eurozone.
title_sort determinants of general government social spending evidence from the eurozone
topic government spending
panel data
socioeconomic determinants
eurozone
social spending
url https://ekonomista.pte.pl/Determinants-of-General-Government-Social-Spending-Evidence-from-the-Eurozone-,150138,0,2.html
work_keys_str_mv AT agataszymanska determinantsofgeneralgovernmentsocialspendingevidencefromtheeurozone