A simple test on the convergence of social security transfer in OECD countries

The growing trend toward globalization not only has aggravated international competition but also has increased interdependence among countries, inducing the need for harmonization and convergence of socioeconomic policies across countries. This paper examines whether the convergence phenomenon hold...

Full description

Saved in:
Bibliographic Details
Published inThe Social science journal (Fort Collins) Vol. 46; no. 4; pp. 800 - 805
Main Authors Hwang, Jinyoung, Jung, Kun-Oh, Kang, Dong K.
Format Journal Article
LanguageEnglish
Published Fort Collins Elsevier Inc 01.12.2009
Taylor & Francis
Elsevier Science Ltd
Subjects
Classification
Competition
Convergence
Economic relations
Globalization
Gross domestic product
Harmonization
Interdependence
OECD
Organization for economic cooperation and development
Social insurance
Social research
Social Security
Socioeconomic factors
Transfer
H55
C33
Online AccessGet full text

Cover

More Information
Summary:The growing trend toward globalization not only has aggravated international competition but also has increased interdependence among countries, inducing the need for harmonization and convergence of socioeconomic policies across countries. This paper examines whether the convergence phenomenon holds for social security transfers as a percentage of GDP in OECD countries, applying the traditional methodology of σ- and β-convergence.
Bibliography:ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
content type line 23
ObjectType-Article-1
ObjectType-Feature-2
ISSN:0362-3319
1873-5355
DOI:10.1016/j.soscij.2009.05.002