Has European Integration Approximated the Composition of Government Expenditures?

GEP Research Paper No. 2003/09

28 Pages Posted: 26 Jul 2003

See all articles by Ismael Sanz

Ismael Sanz

Universidad Rey Juan Carlos

Francisco J. Velázquez

Universidad Complutense de Madrid - GRIPICO

Date Written: March 2003

Abstract

Globalization and growth-maximizing governments may cause countries to converge towards a similar composition of government expenditures. These convergent forces may be even more intensive in the case of EU Member States engaged in the European integration process. The results obtained, through calculation of a constructed dissimilarity index and by adapting the usual indicators of convergence (b, s and g-convergence), reveal that there has been an harmonization process. In addition, this approach of structures of government expenditures has been greater in the EU than in the Non-EU countries of the OECD. Nevertheless, EU member states are converging towards a different steady state composition of government expenditures.

Keywords: composition of government expenditures, European economic integration, globalisation, convergence

JEL Classification: H11, H50, H60

Suggested Citation

Sanz, Ismael and Velázquez, Francisco J., Has European Integration Approximated the Composition of Government Expenditures? (March 2003). GEP Research Paper No. 2003/09. Available at SSRN: https://ssrn.com/abstract=395880 or http://dx.doi.org/10.2139/ssrn.395880

Ismael Sanz

Universidad Rey Juan Carlos ( email )

Calle Tulipán, s/n
Madrid, Móstoles 28230
Spain

Francisco J. Velázquez (Contact Author)

Universidad Complutense de Madrid - GRIPICO ( email )

Pabellon de Segundo
Somosaguas Campus
Madrid, Madrid E-28223
Spain
+34 91 394 24 58 (Phone)
+34 91 394 24 58 (Fax)

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