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Social Protection And The Incidence Of Poverty Among The Elderly In Etsako West Local Government Area Of Edo State, Nigeria

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Abstract

This study examines the impact of social protection on the incidence of poverty on the elderly in Etsako West Local Government Area (LGA) of Edo State. Using a set of household data generated from copies of structured questionnaire, the Foster, Greer and Thorboecke FGT (1984) in determining the incidence of poverty on the elderly, and Tobit regression model in determining the impact of social protection on the incidence of poverty on the elderly, the results obtained from the study indicates that head count poverty (P0) was 49.3 per cent, expenditure on food was the highest expenditure component of the elderly followed by expenditure on healthcare. Benefits from social assistance was negligible (despite awareness) with little effect on the well-being of the elderly because it was discovered that the cost of accessing such assistance outweigh. The benefit to the recipients given the bureaucracy and corruption that goes with it. Given these outcomes, the study recommends the need for co-ordinated, targeted and frequent social protection (social assistance) for the elderly as a means of improving their welfare and addressing the possibility of this segment of society falling into poverty.

Suggested Citation

  • A. O., Momoh, 2017. "Social Protection And The Incidence Of Poverty Among The Elderly In Etsako West Local Government Area Of Edo State, Nigeria," Ilorin Journal of Economic Policy, Department of Economics, University of Ilorin, vol. 4(4), pages 17-30, June.
  • Handle: RePEc:ris:ilojep:0011
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    More about this item

    Keywords

    Elderly; Poverty; Well-being; Social Protection; Tobit Model; Etsako West; Nigeria;
    All these keywords.

    JEL classification:

    • C24 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Truncated and Censored Models; Switching Regression Models; Threshold Regression Models
    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination

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