Long-Run Convergence in Social Protection across EU Countries, 1970-1999
Simon Sosvilla-Rivero (),
José Herce () and
Juan de Lucio ()
Public Finance = Finances publiques, 1998, vol. 53, issue 3-4, 439-51
This paper examines the degree of convergence in social protection in the European Union during the 1970-99 period. To that end, we use Eurostat data and study the long-run properties of the data set applying time series analysis. Our results indicate that there is no evidence of long-run convergence in social protection expenditure to GDP ratios. However, we do find evidence of catching-up with respect both to Germany and the EU average for all countries belonging to EU12, except for Greece.
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Persistent link: https://EconPapers.repec.org/RePEc:pfi:pubfin:v:53:y:1998:i:3-4:p:439-51
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