An Empirical Analysis of the Relation Between Social Spending and Economic Growth in Developing Countries and OECD Members

Abstract

This study examines the economic effects of social spending in less developed nations and compares the situation with that of social spending in developed countries. Currently, research in this field is limited to developed countries, but there is a need to question the appropriateness of the conclusions of existing studies for developing countries. An analysis of data from developed and developing countries suggests that social spending correlates positively with economic growth in developing countries and negatively with economic growth for developed countries. These results imply that social spending regimes can be instrumental in achieving economic growth in poorer countries.

Apakah Belanja Modal dan Belanja Sosial Meningkatkan Pertumbuhan Ekonomi? Bukti Data Panel di Indonesia

“…Sebelumnya, kajian yang dilakukan Mayer et al (2016) (Solomon et al, 2021). Temuan kontroversial lainnya berkaitan dengan pengaruh belanja sosial terhadap pertumbuhan dibuktikan oleh Im et al (2011) dalam penelitian mereka menggunakan data negara berkembang dan negara maju menyimpulkan bahwa belanja sosial berpengaruh positif terhadap pertumbuhan ekonomi di negara berkembang, sebaliknya di negara maju, pengaruh tersebut negatif.…”

Does citizen coproduction lead to better urban services in smart cities projects? An empirical study on e-participation in a mobile big data platform

“…Both the efficiency-oriented focus of coprovision, and wider focus on citizen-government relationships from co-production, are relevant to the realities of city and local governments. What is sought particularly in many developing countries is a cost-effective solution for problems of rapid urbanization (Im, Cho, & Porumbescu, 2011), while managing relationships with citizens for maintaining a government's legitimacy.…”

The “Smart Work” Myth: How Bureaucratic Inertia and Workplace Culture Stymied Digital Transformation in the Relocation of South Korea’s Capital

“…A. Kim, 2013;Park, 2003). The resulting socioeconomic pressure from a rapidly urbanised capital city has generated social costs such as an overheating housing market, a surging cost of living and serious congestion (Douglass, 2000;Hill & Kim, 2000;Im & Cho, 2010;Im, Cho, & Porumbescu, 2011). However, a bigger concern than those urban problems was political dissent from people in less-developed regions, which has generated a push to deconcentrate the economic weight of Seoul (Campbell & Cho, 2014;C.…”