Growth and the Welfare State in the EU: A causality analysis
AbstractIn this paper, we test for causality between GDP growth and social protection expenditure in the European Union. To that end, we apply Hsiao's (1981) sequential procedure to data for twelve EU countries along the 1970-94 period. Our results suggest that, for Belgium, Germany, Ireland, Luxembourg, the Netherlands, Portugal, and Spain, causality runs only from social protection growth to GDP growth, while for Denmark, France, Greece, Italy, and the United Kingdom, no causality is found between social protection growth and GDP growth. Copyright 2001 by Kluwer Academic Publishers
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- Herce, Jose A & Sosvilla-Rivero, Simon & de Lucio, Juan Jose, 2001. " Growth and the Welfare State in the EU: A Causality Analysis," Public Choice, Springer, Springer, vol. 109(1-2), pages 55-68, October.
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- Simón Sosvilla-Rivero & José Antonio Herce & Juan-José De Lucio, 2003.
"Convergence in Social Protection Across EU Countries, 1970-1999,"
Economics Working Papers, European Network of Economic Policy Research Institutes
018, European Network of Economic Policy Research Institutes.
- Simón Sosvilla-Rivero & José A. Herce & Juan-José. de Lucio, . "Convergence in social protection across EU countries, 1970-1999," Working Papers, FEDEA 2003-01, FEDEA.
- Alfredo Marvão Pereira & Jorge M. Andraz, 2014. "On The Long-Term Macroeconomic Effects Of Social Security Spending:Evidence For 12 Eu Countries," Working Papers, Department of Economics, College of William and Mary 150, Department of Economics, College of William and Mary.
- R. Schoonackers & F. Heylen, 2011. "Fiscal Policy and TFP in the OECD: A Non-Stationary Panel Approach," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium, Ghent University, Faculty of Economics and Business Administration 11/701, Ghent University, Faculty of Economics and Business Administration.
- Sergio Beraldo & Daniel Montolio Estivill & Gilberto Turati, 2005. "Healthy, Educated and Wealthy: Is the Welfare State Really Harmful for Growth?," Working Papers in Economics, Universitat de Barcelona. Espai de Recerca en Economia 127, Universitat de Barcelona. Espai de Recerca en Economia.
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