Search results for "Consumer spending"

The Effects of Social Spending on Economic Activity: Empirical Evidence from a Panel of OECD countries

2012

The aim of this paper is to assess the short term effects of social spending on economic activity. Using a panel of OECD countries from 1980 to 2005, the results show that social spending has expansionary effects on GDP. In particular, we find that an increase of 1% of social spending increases GDP by about 0.1 percentage point, which, given the share of social spending to GDP, corresponds to a multiplier of about 0.6. The effect is similar to the one of total government spending, and it is larger in periods of severe downturns. Among spending subcategories, social spending in Health and Unemployment benefits have the greatest effects. Social spending also positively affects private consump…

2017

This article is about the issues of self-assessment of inequalities in standards of living in rural areas in Poland. The goal of the research is to identify the differentiation of subjective assessments of the standard of living made by rural households. Subjective feelings of the surveyed households were compared with selected objective characteristics of their material situation. The most representative indicator of the households’ financial situation there was an assumed level of consumer spending. A comparative analysis of the self assessment was conducted, the consumer spending and the selected characteristics of households belonging to various socio-economic groups. The econometric an…