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
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Objekttyp
- Arbeitspapier
Beteiligte
- De Grauwe, Paul
- Polan, Magdalena
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2003