Globalization, welfare regimes and social protection expenditures in Western and Eastern European countries

Abstract

Globalization, Social expenditures, Welfare regimes,

The Effect of Globalization on the Distribution of Taxes and Social Expenditures in Europe: Do Welfare State Regimes Matter?

“…Adam and Kammas, 2007;Bretschger and Hettich, 2002;Dreher et al, 2008a and2008b;Leibrecht et al, 2011;Swank and Steinmo, 2002;Gemmel et al, 2008;Sanz and Velazquez, 2007;Winner, 2005).…”

“…The only statistically significant effect of globalization is the downward pressure on the ITR on consumption as a consequence of economic globalization; total globalization is insignificant. In the literature, the only study that focuses on the CEE NMS is Leibrecht et al (2011), which, however, estimates the effects on the share of social expenditures in total expenditures, and not taxes. Concerning the effect of domestic factors in the CEE NMS, higher growth and inflation lead to a lower share of social expenditures as expected.…”

“…Secondly, we estimate whether the effects differ between the different welfare state regimes in both the West and the East. Leibrecht et al (2011) is the only study in this literature that distinguishes the effects in different welfare regimes in Western Europe, but they do not account for differences within the CEE NMS due to the short time series they use. We use an updated data set for both the EU 15 and the CEE NMS, and the extension of the data back to 1995 and the inclusion of 2007 also allows us to distinguish different regimes in the CEE NMS.…”

“…Our database for the Western European countries also dates back to 1980s for some countries. Furthermore, Leibrecht et al (2011) estimate only the effects of globalization on social expenditures whereas we analyze the expenditure as well as the revenue side.…”

How globalization affects the operational efficiencies of emerging market firms?: A comparative analysis on Turkish SMEs

“…However, the previous literature mainly focus on the macro side effects of globalization through concentrating on national economic factors (Dreher 2006, Rao et al 2011), entrepreneurship (Vining and De Kluijver 2007, life satisfaction (Hessami 2011) and human welfare (Tsai 2007), unionization (Dreher and Gaston 2007), political (Leibrecht et al 2011) and environmental issues (Lamla 2009), military interstate disputes (Choi 2010) etc., or nest the productivity and pass-through literatures spanning industrial organization, international trade, and international macro (De Loecker and Goldberg 2014) with a dearth on the ultimate financial outcomes of firm level effects. Among the highly limited past empirical research in the finance literature, Acheampong et al (2004) examined the profitability adjustment patterns of global firms and tested whether globalization equalizes speeds of profitability adjustment.…”