Exploring Public Social Expenditure Trends in the Globalization Era

Elina De Simone (), Giuseppe Gaeta and Salvatore Ercolano

European Research Studies Journal, 2012, vol. XV, issue 1, 23-42

Abstract: Triggered by the phenomenon of globalisation, during recent years there has been a process of State policy rationalisation in the social expenditure domain; hence the debate over the present role and dimension of welfare state has intensified. Following on the extensive multidisciplinary literature on this issue, the purpose of this paper is two-fold 1) to apply a traditional analysis of convergence (sigma and beta convergence) in public social expenditures and 2) to analyse public social expenditure allocation expressed as a % of GDP and derive a possible classification of the countries by means of a multivariate approach. Our results, revealing that some convergence in the expenditure domain occurred for certain Southern and Northern European countries, can be interpreted as a further contribution to the literature on contemporary public policy evaluation in the welfare domain.

Keywords: Policy Making; Public Policy Expenditures; Principal Component Analysis; Cluster Analysis (search for similar items in EconPapers)
JEL-codes: D7 H50 H53 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:xv:y:2012:i:1:p:23-42

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