• Title/Summary/Keyword: Prais-Winsten

Search Result 1, Processing Time 0.014 seconds

A Timeseries Study on the Determinants Behind the Changes of Korean Welfare State (한국 복지국가 지출변화 결정요인 분석)

  • Ahn, Sang-hoon;Baek, Seung-ho
    • Korean Journal of Social Welfare Studies
    • /
    • no.37
    • /
    • pp.117-144
    • /
    • 2008
  • This is a timeseries study on the riving forces behind the changes of Korean welfare state. There are a few previous studies on the determinants of korean welfare state. These previous studies have some limitations in terms of reliability of the data source and validity of the statistical method used. Using the Comparative Social Policy Data-set(CSPD), we try to overcome the limitation of these previous studies. And adapting the time series regression, we examine the hypotheses about the changes of korean welfare state. In this study, four dependent variables are examined: the ratio of public social welfare expenditure to the GDP(WELGDP), the ratio of public social welfare expenditure to the government budget(WELGOV), the ratio of social expenditure to the GDP(SOCX), social welfare expenditure per capita. And independent variables were selected based on the theoretical background on the changes of welfare state. The results of this study as follows: First, the variables based on structural functionalism (industrialization) are the major driving forces behind the changes of korean welfare state since 1960s. Second, the effect of unemployment variable may be reasonably interpreted as reflecting the residual characteristics of korean welfare state. Third, the politics of the left based on power resource theory should be restrictedly interpreted. Ultimately, korean welfare state is still at rudimentary stage where the theory of industrialization is well applied as a driving forces behind the changes of welfare state.