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Efficient social policies with higher expenditure: an analysis for European countries

Maria Alessandra Antonelli and Valeria De Bonis ()
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Valeria De Bonis: Università Sapienza di Roma - Dipartimento di Studi Giuridici, Filosofici ed Economici

No 35, Public Finance Research Papers from Istituto di Economia e Finanza, DIGEF, Sapienza University of Rome

Abstract: Based on the construction of two indicators to assess the relative effectiveness and efficiency of European welfare policies, we show that the variability of efficiency cannot be explained only by the amount of resources devoted to social policies but also by the institutional environment. The OLS regression shows that institutional variables- such as accountability and honesty of public officials- have high significant effects on the efficiency

Keywords: Social policies; European welfare policies; Social public expenditure; Efficiency; Institutional framework; Accountability. (search for similar items in EconPapers)
JEL-codes: H53 H89 I (search for similar items in EconPapers)
Date: 2018-09
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Persistent link: https://EconPapers.repec.org/RePEc:gfe:pfrp00:00035

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