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Welfare State and Competitiveness

Author

Listed:
  • Christine Mayrhuber

    (WIFO)

  • Matthias Firgo

    (WIFO)

  • Hans Pitlik

    (WIFO)

  • Alois Guger

    (WIFO)

  • Ewald Walterskirchen

    (WIFO)

Abstract

Competitiveness – as the ability of an economic system to develop in a sustainable way – is highly linked to the welfare state. Empirical findings show a positive correlation between net social spending, ecological sustainability, life satisfaction, income equality, etc., and gross value added and vice verca in the EU countries. Within Europe Austria combines a rather high competitiveness with high social standards.

Suggested Citation

  • Christine Mayrhuber & Matthias Firgo & Hans Pitlik & Alois Guger & Ewald Walterskirchen, 2018. "Welfare State and Competitiveness," WIFO Studies, WIFO, number 61006, July.
  • Handle: RePEc:wfo:wstudy:61006
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    File URL: https://www.wifo.ac.at/wwa/pubid/61006
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    References listed on IDEAS

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