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Mahmut Ünsal Şaşmaz
https://orcid.org/0000-0001-9485-3933
Mahmut Ünsal Şaşmaz
Faculty of Economics and Administrative Sciences, Usak University, Turkey
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Melissa Nihal Cagle
melissa.cagle@deu.edu.tr
https://orcid.org/0000-0003-0480-5626
Melissa Nihal Cagle
Faculty of Business, Department of Business Administration, Dokuz Eylül University, Oda 122/B, Kat 1, Buca, 35390 , Turkey
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Ahmet Özen
https://orcid.org/0000-0002-9635-5134
Ahmet Özen
Faculty of Economics and Administrative Sciences, Dokuz Eylül University, Turkey
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Abstract
Researchers and practitioners alike have long debated the role of high GDP growth strategies and social expenditures (SE) in ensuring a better distribution of income and reduction of poverty. This study is aimed at investigating the effectiveness of social expenditures by offering the use of a robust methodology. Our sample consists of 27 EU countries (further divided into pre- and post-2000 members) between 2005 and 2017. We used panel data to determine whether social expenditures have a positive effect on the World Bank generated Human Development Index (HDI).
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Corvinus University of Budapest
Department of Economics
Fővám tér 8 Budapest, H-1093, Hungary
E-mail: vanyai.judit@krtk.hu
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| Acta Oeconomica | |
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The system paradigm revisited
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