An Empirical Analysis of the Relation Between Social Spending and Economic Growth in Developing Countries and OECD Members

Tobin Im, Wonhyuk Cho, Gregory Porumbescu

Research output: Contribution to journalArticlepeer-review

7 Citations (Scopus)

Abstract

This study examines the economic effects of social spending in less developed nations and compares the situation with that of social spending in developed countries. Currently, research in this feld is limited to developed countries, but there is a need to question the appropriateness of the conclusions of existing studies for developing countries. An analysis of data from developed and developing countries suggests that social spending correlates positively with economic growth in developing countries and negatively with economic growth for developed countries. These results imply that social spending regimes can be instrumental in achieving economic growth in poorer countries.

Original languageEnglish
Pages (from-to)37-55
Number of pages19
JournalAsian Pacific Journal of Public Administration
Volume33
Issue number1
DOIs
Publication statusPublished - 2011

Bibliographical note

Publisher Copyright:
© Copyright 2011 Taylor and Francis Group LLC.

All Science Journal Classification (ASJC) codes

  • Public Administration

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