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Social Protection Public Expenditures and Income Inequality

Author

Listed:
  • Enache Cosmin

    (West University of Timisoara Faculty of Economics and Business Administration)

Abstract

For a sample of 29 European countries, the efficiency of social protection public expenditures in providing income support and diminishing income inequality is assessed in a panel framework. An increase in the size of the government intervention through social protection public expenditure is found to be associated with a decrease in income inequality. Also, we found evidence of the Kuznets effect. Not least, the results pointed out that a lower income inequality could be found in economies with high levels of employment, high tertiary education achievement, low levels of corruption and low levels of old age dependency ratio.

Suggested Citation

  • Enache Cosmin, 2012. "Social Protection Public Expenditures and Income Inequality," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 1120-1125, Decembre.
  • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:2:p:1120-1125
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    Citations

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    Cited by:

    1. Sona Stikarova, 2014. "Economic growth, inequality and efficiency," Department of Economic Policy Working Paper Series 006, Department of Economic Policy, Faculty of National Economy, University of Economics in Bratislava.
    2. Cosmin Eugen ENACHE, 2012. "The efficiency of expenditure-related redistributive policies in the European countries," Timisoara Journal of Economics, West University of Timisoara, Romania, Faculty of Economics and Business Administration, vol. 5(18), pages 380-394.

    More about this item

    Keywords

    Social Protection Public Expenditures; Income Inequality.;

    JEL classification:

    • H53 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Welfare Programs
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models

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