Dynamic Linkages between Social Expenditures and Economic Growth: the Most Important Conclusions for Central European Countries

• Authors: Tuncer Govdeli , Esra Karakuş Umar

Title variants

PL

Dynamiczne powiązania między wydatkami socjalnymi a wzrostem gospodarczym: najważniejsze wnioski dla krajów Europy Środkowej

Abstracts

PL

Rola państwa w systemie neoliberalnym jest omawiana w ramach koncepcji opracowanych dla wydatków społecznych. W związku z tym pytanie, czy państwo powinno pozostawać bierne, czy też udzielać obywatelom potrzebnego wsparcia, ukształtowało piśmiennictwo dotyczące zagadnienia wydatków socjalnych. Uważa się, że wzrost wydatków socjalnych wpływa na wydatki publiczne, a wydatki publiczne mogą pośrednio powodować deficyty budżetowe. Ponadto mówi się, że w okresach wzrostu gospodarczego następuje spadek wydatków socjalnych. Wszystko to wskazuje, że teoria mówiąca, że dla realizacji wzrostu gospodarczego państwo potrzebuje zarówno producentów, jak i konsumentów, została zepchnięty na dalszy plan. Analizy relacji między wydatkami socjalnymi a wzrostem gospodarczym są argumentami potwierdzającymi słuszność tego stwierdzenia. Celem niniejszego opracowania jest empiryczna analiza długookresowego związku między wzrostem gospodarczym a wydatkami socjalnymi ośmiu państw Europy Środkowej oraz związku przyczynowego dla lat 1999 i 2019. Za pomocą badań empirycznych ustalono związek kointegracji między wzrostem gospodarczym a wydatkami socjalnymi. Na podstawie wyników analizy przyczynowości stwierdzono, że istnieje dwukierunkowa zależność między wzrostem gospodarczym a wydatkami socjalnymi. Sugestie dla polityki są podane w końcowej części artykułu.

EN

The role of the state within the neoliberal system is discussed in the approaches developed for social expenditures. Accordingly, the question of whether the state should stand back or provide the support needed by individuals has shaped the literaturę on social expenditures. It is thought that the increase in social expenditures affects public expenditures, and public expenditures may indirectly cause budget deficits. In addition, it is said that there is a decrease in social spending during periods of economic growth. All these dilemmas show that the idea that the country needs both producers and consumers while realizing economic growth has been pushed into the background. Here, the analyses of the relationship between social spending and economic growth are the arguments for the accuracy of this assumption. The aim of this study is to empirically analyze the long-term relationship between the economic growth and social expenditures of eight Central European countries and the causality relationship for 1999 and 2019. In the empirical findings, the cointegration relationship was determined between economic growth and social spending. Based on the findings of the causality analysis, it has been concluded that there is a bidirectional causality relationship between economic growth and social expenditures. Policy proposals are given in the conclusion section of the article.

Keywords

PL

wydatki socjalne; wzrost gospodarczy; ekonomia polityczna; państwa Europy Środkowej; dane panelowe

EN

social expenditures; economic growth; political economy; Central European countries; panel data

• Publisher: Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
• Journal: Comparative Economic Research. Central and Eastern Europe
• Year: 2021
• Volume: 24
• Issue: 4
• Pages: 7-21

Dates

published

2021

Contributors

author

Tuncer Govdeli

• Assoc. Prof., Oltu Faculty of Humanities and Social Sciences, University of Ataturk Oltu Yerleşkesi, Yusuf Ziyabey Mahallesi, Sanayi Caddesi, Erzurum, Turkey

• https://orcid.org/0000000266008684

author

Esra Karakuş Umar

• Asst. Prof. Dr. Oltu Faculty of Humanities and Social Sciences, University of Ataturk Oltu Yerleşkesi, Yusuf Ziyabey Mahallesi, Sanayi Caddesi, Erzurum, Turkey

• https://orcid.org/0000000317649394

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Identifiers

DOI

10.18778/1508-2008.24.28

Biblioteka Nauki

2033925