{"title":"经合组织的社会支出构成、不平等和增长:劳动力市场政策最为有效","authors":"Pedro Bação, Joshua Duarte, Marta Simões","doi":"10.1016/j.jpolmod.2024.01.001","DOIUrl":null,"url":null,"abstract":"<div><p>The literature on public social expenditure envisages a role for the composition of public social expenditure in the design of policies to reduce inequality and promote economic growth. However, there is a lack of empirical evidence on which to ground social policy decisions. This study contributes to filling this gap by investigating the dynamic interdependencies between nine different categories of social spending, inequality and growth in 36 OECD countries over the period 1995–2017. According to the results of our work, based on a PVAR model, achieving a decrease in inequality without decreasing output growth is possible, requiring a change in the composition of social policy that gives more weight to spending on old age and survivors’ pensions, incapacity and family benefits, and active labour market policies, the latter having also a positive impact on growth. On the contrary, social expenditure on housing, as it has been conducted, appears to harm growth and enhance inequality.</p></div>","PeriodicalId":48015,"journal":{"name":"Journal of Policy Modeling","volume":null,"pages":null},"PeriodicalIF":3.5000,"publicationDate":"2024-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0161893824000012/pdfft?md5=ada415a2b513c18e761dfe25c31b79f9&pid=1-s2.0-S0161893824000012-main.pdf","citationCount":"0","resultStr":"{\"title\":\"Social expenditure composition, inequality and growth in the OECD: Labour market policies are most effective\",\"authors\":\"Pedro Bação, Joshua Duarte, Marta Simões\",\"doi\":\"10.1016/j.jpolmod.2024.01.001\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><p>The literature on public social expenditure envisages a role for the composition of public social expenditure in the design of policies to reduce inequality and promote economic growth. However, there is a lack of empirical evidence on which to ground social policy decisions. This study contributes to filling this gap by investigating the dynamic interdependencies between nine different categories of social spending, inequality and growth in 36 OECD countries over the period 1995–2017. According to the results of our work, based on a PVAR model, achieving a decrease in inequality without decreasing output growth is possible, requiring a change in the composition of social policy that gives more weight to spending on old age and survivors’ pensions, incapacity and family benefits, and active labour market policies, the latter having also a positive impact on growth. On the contrary, social expenditure on housing, as it has been conducted, appears to harm growth and enhance inequality.</p></div>\",\"PeriodicalId\":48015,\"journal\":{\"name\":\"Journal of Policy Modeling\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":3.5000,\"publicationDate\":\"2024-01-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"https://www.sciencedirect.com/science/article/pii/S0161893824000012/pdfft?md5=ada415a2b513c18e761dfe25c31b79f9&pid=1-s2.0-S0161893824000012-main.pdf\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of Policy Modeling\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S0161893824000012\",\"RegionNum\":2,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Policy Modeling","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0161893824000012","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
Social expenditure composition, inequality and growth in the OECD: Labour market policies are most effective
The literature on public social expenditure envisages a role for the composition of public social expenditure in the design of policies to reduce inequality and promote economic growth. However, there is a lack of empirical evidence on which to ground social policy decisions. This study contributes to filling this gap by investigating the dynamic interdependencies between nine different categories of social spending, inequality and growth in 36 OECD countries over the period 1995–2017. According to the results of our work, based on a PVAR model, achieving a decrease in inequality without decreasing output growth is possible, requiring a change in the composition of social policy that gives more weight to spending on old age and survivors’ pensions, incapacity and family benefits, and active labour market policies, the latter having also a positive impact on growth. On the contrary, social expenditure on housing, as it has been conducted, appears to harm growth and enhance inequality.
期刊介绍:
The Journal of Policy Modeling is published by Elsevier for the Society for Policy Modeling to provide a forum for analysis and debate concerning international policy issues. The journal addresses questions of critical import to the world community as a whole, and it focuses upon the economic, social, and political interdependencies between national and regional systems. This implies concern with international policies for the promotion of a better life for all human beings and, therefore, concentrates on improved methodological underpinnings for dealing with these problems.