The effect of social expenditures on human development in the European Union
Acta Oeconomica, cilt.71, sa.4, ss.627-643, 2021 (SSCI, Scopus)
- Yayın Türü: Makale / Tam Makale
- Cilt numarası: 71 Sayı: 4
- Basım Tarihi: 2021
- Doi Numarası: 10.1556/032.2021.00043
- Dergi Adı: Acta Oeconomica
- Derginin Tarandığı İndeksler: Social Sciences Citation Index (SSCI), Scopus, International Bibliography of Social Sciences, Periodicals Index Online, EconLit, Geobase, Index Islamicus
- Sayfa Sayıları: ss.627-643
- Anahtar Kelimeler: EU, human development, human development index, panel data, social expenditure
- Açık Arşiv Koleksiyonu: AVESİS Açık Erişim Koleksiyonu
- Uşak Üniversitesi Adresli: Evet
Özet
Researchers and practitioners alike have long debated the role of high GDP growth strategies and social expenditures (SE) in ensuring a better distribution of income and reduction of poverty. This study is aimed at investigating the effectiveness of social expenditures by offering the use of a robust methodology. Our sample consists of 27 EU countries (further divided into pre- and post-2000 members) between 2005 and 2017. We used panel data to determine whether social expenditures have a positive effect on the World Bank generated Human Development Index (HDI).