Social security in developing countries: MYTH or necessity? Evidence from India

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Social security in developing countries: MYTH or necessity? Evidence from India

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Patricia Justino (Institute of Development Studies at the University of Sussex, Falmer, Brighton BN1 9RE)

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Patricia Justino

Abstract

This paper discusses the importance of social security policies in developing economies, using empirical evidence from India. The paper discusses the viability of implementing systems of social protection in developing countries and provides an empirical analysis of the effects of socio-economic security policies on Indian's economic performance between 1973 and 1999, using a two-stage least square model adapted to data from a panel of 14 Indian states. The results show that policies that strengthen the social and economic security of the Indian population have been an important endogenous variable to both the reduction of poverty and the increase in economic growth in India. Copyright © 2006 John Wiley & Sons, Ltd.

JEL codes: C33, H50, I38, O10, O40, O53

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Article provided by John Wiley & Sons, Ltd. in its journal Journal of International Development.

Volume (Year): 19 (2007)
Issue (Month): 3 ()
Pages: 367-382
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Handle: RePEc:wly:jintdv:v:19:y:2007:i:3:p:367-382

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Paper
- Patricia Justino, 2003. "Social Security in Developing Countries: Myth or Necessity? Evidence from India," PRUS Working Papers 20, Poverty Research Unit at Sussex, University of Sussex. [Downloadable!]

References listed on IDEAS
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Other versions:
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Atkinson, A.B., 1987. "Income maintenance and social insurance," Handbook of Public Economics, in: A. J. Auerbach & M. Feldstein (ed.), Handbook of Public Economics, edition 1, volume 2, chapter 13, pages 779-908 Elsevier. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

Patricia Justino, 2007. "Carrot or stick? Redistributive transfers versus policing in contexts of civil unrest," HiCN Working Papers 33, Households in Conflict Network. [Downloadable!]
Other versions:
- Patricia Justino, 2007. "Carrot or stick? Redistributive transfers versus policing in contexts of civil unrest," Research Working Papers 3, MICROCON - A Micro Level Analysis of Violent Conflict. [Downloadable!]

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