Long-Run Convergence in Social Protection across EU Countries, 1970-1999
This paper examines the degree of convergence in social protection 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 applying 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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Volume (Year): 53 (1998)
Issue (Month): 3-4 ()
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