This paper examines the degree of convergence in social protection registered in the European Union during the 1970-99 period. To that end, we use Eurostat data and study the long-run properties of the data set using time series analysis. Our results indicate that there is no evidence of long-run convergence in Social Protection expenditure to GDP ratios. However, we do find evidence of catching-up with respect both to Germany and the EU average for all countries belonging to EU12, except for Greece.
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Paper provided by European Network of Economic Policy Research Institutes in its series Economics Working Papers with number
018.
Length: 15 pages Date of creation: Mar 2003 Date of revision: Handle: RePEc:epr:enepwp:018
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Find related papers by JEL classification: F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission H53 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Welfare Programs O52 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Europe
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