000			01803cam a2200205 4500
100	1		_aMURSHED Syed Mansoob
700			_aBERGOUGUI Brahim
700			_aBADIUZZAMAN Muhammad
700			_aPULOK Mohammad Habibullah
245			_aFiscal capacity, democratic institutions and social welfare outcomes in developing countries/ _cSyed Mansoob Murshed, Brahim Bergougui, Muhammad Badiuzzaman & Mohammad Habibullah Pulok
260			_c2022
520			_aThe purpose of this paper is to gauge the various determinants of social sector spending captured by social protection and education spending in a cross section of developing countries, a subject on which there is scant empirical evidence. We hypothesize that fiscal capacity is necessary but not sufficient for resource allocation in this area, because the political will to do so must also be present. Using a panel data instrumental variable approach, we find that greater fiscal capacity robustly raises social spending in developing countries in the period 1990 to 2010. It is also strongly evident that rising democratisation enhances social sector spending; the presence of greater democracy and higher fiscal capacity could reinforce this effect. Our work also innovatively incorporates inequality into the analysis, finding that social expenditure is greater in more egalitarian societies. Military expenditure also appears to crowd out social protection expenditure, but not robustly.
650			_aFISCAL CAPACITY
650			_aDEMOCRATIC INSTITUTIONS
650			_aSOCIAL PROTECTION EXPENDITURE
773			_aDefence and Peace Economics: _gVol 33, No. 3, April 2022, pp.280-305
598			_aSOCIAL
856			_uhttps://www.tandfonline.com/doi/full/10.1080/10242694.2020.1817259 _zClick here for full text
945			_i69122.1001 _rY _sY
999			_c42218 _d42218