Arbeitspapier

Globalisation and Social Spending

We provide evidence indicating that countries with well-developed social security systems do not necessarily face a trade-off between social spending and competitiveness. On average, countries that spend a lot on social needs score well in the competitiveness league. We investigate the importance of a reverse causality from competitiveness to social spending, and find that this is weak. We also present some possible explanations for our empirical finding. Finally, we interpret our findings in the framework of a theoretical model in which risk affects the size of the social sector and in which social spending affects the production function of the private sector.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 885

Klassifikation
Wirtschaft
Thema
economic integration
globalisation
terms-of-trade variability
international trade
globalization

Ereignis
Geistige Schöpfung
(wer)
De Grauwe, Paul
Polan, Magdalena
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and ifo Institute (CESifo)
(wo)
Munich
(wann)
2003

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • De Grauwe, Paul
  • Polan, Magdalena
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2003

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