The effect of social expenditures on human development in the European Union

Mahmut Ünsal Şaşmaz, Melissa Nihal Cagle () and Ahmet Özen
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Mahmut Ünsal Şaşmaz: Faculty of Economics and Administrative Sciences, Usak University, Turkey
Melissa Nihal Cagle: Faculty of Business, Department of Business Administration, Dokuz Eylül University, Oda 122/B, Kat 1, Buca, 35390, Turkey
Ahmet Özen: Faculty of Economics and Administrative Sciences, Dokuz Eylül University, Turkey

Acta Oeconomica, 2021, vol. 71, issue 4, 627-643

Abstract: Researchers and practitioners alike have long debated the role of high GDP growth strategies and social expenditures (SE) in ensuring a better distribution of income and reduction of poverty. This study is aimed at investigating the effectiveness of social expenditures by offering the use of a robust methodology. Our sample consists of 27 EU countries (further divided into pre- and post-2000 members) between 2005 and 2017. We used panel data to determine whether social expenditures have a positive effect on the World Bank generated Human Development Index (HDI).

Keywords: social expenditure; human development; human development index; EU; panel data (search for similar items in EconPapers)
JEL-codes: C5 H55 O1 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (1)

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