Government Social Spending and GDP: has there been a change in social policy?

C-Tier
Journal: Applied Economics
Year: 2012
Volume: 44
Issue: 22
Pages: 2895-2905

Authors (3)

Jesus Clemente (not in RePEc) Carmen Marcuello (Centro Internacional de Invest...) Antonio Montañes (not in RePEc)

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Government Social Spending (GSS) is made up of a very heterogeneous range of variables, monetary transfers for retirement or illness, unemployment benefits, family services, active labour market policies and health expenditure. We believe that each of these components is of enormous importance to the economic development of a country. As has often been affirmed, however, GSS is one of the economic aggregates most sensitive to the ups and downs of economic growth. In moments of crisis, sharp cuts are almost immediate, and these may or may not be recovered when times are good. In this article, we examine the sensitivity of GSS to the evolution of Gross Domestic Product (GDP) in order to reveal the relationship between the two.

Technical Details

RePEc Handle
repec:taf:applec:44:y:2012:i:22:p:2895-2905
Journal Field
General
Author Count
3
Added to Database
2026-01-25