A Quantitative Study on the Determinants of Welfare Spending
Applying a set of various pooled cross-section time series models, Chapter 8 will conduct a quantitative analysis in order to test prevailing theories on the driving forces behind the contemporary welfare state. The dataset will include 17 OECD countries for the time period 1975-2000. Before presenting the econometric approach and the respective empirical findings in close detail, the author will analyze current patterns of public social spending across advanced welfare economies.
KeywordsWelfare State Trade Openness Panel Unit Root Test Social Spending Curvilinear Effect
Unable to display preview. Download preview PDF.