The Impact of Social Security Expenditure on Human Common Development: Evidence from China’s Provincial Panel Data

Zhiping Song and Peishan Tong ()
Additional contact information
Zhiping Song: School of International Relations and Public Affairs, Fudan University, Shanghai 200433, China
Peishan Tong: School of International Relations and Public Affairs, Fudan University, Shanghai 200433, China

Sustainability, 2022, vol. 14, issue 17, 1-12

Abstract: With the rapid development of the social economy, human development has been greatly improved. However, the gap between rich and poor still exists, which restricts the further development of society. In order to study the relationship between social security expenditure and human common development, we constructed, for this paper, the Human Common Development Index, and made a regression analysis between social security expenditure and human common development. The results showed that, in China, obvious and remarkable progress has been made in human common development. There were differences between regions—high in the east and low in the west—but the gap between regions was narrowing. There was an inverted U-shaped relationship between social security expenditure and human common development. At present, social security expenditure per capita in most provinces has not reached the inflection point. The Chinese government should pay attention to the important role of social security, optimize social security expenditure, and improve the accuracy and effectiveness of social security expenditure. In addition, the Chinese government should also improve the urbanization rate and promote economic development.

Keywords: social security; human development; common development; HDI (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/2071-1050/14/17/10946/pdf (application/pdf)
https://www.mdpi.com/2071-1050/14/17/10946/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:14:y:2022:i:17:p:10946-:d:904666

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().