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Poverty among Older People and Social Pension in Ecuador: The Impact of the Human Development Bonus on Consumption

Author

Listed:
  • Paola Floril Anangonò

    (University of Salamanca, Spain)

  • Miguel À. Malo

    (University of Salamanca, Spain)

Abstract

In this article, we estimate the impact of the non-contributory social pension known as Bono de Desarrollo Humano (Human Development Bonus) on the consumption of poor older people in Ecuador. We use data from the latest Living Conditions Survey, carried out between 2013 and 2014, and apply propensity score matching to estimate the impact of the programme. The estimations show that the pension negatively affects different types of consumption. These results suggest that the social pension does not contribute to a reduction in consumption poverty (based on food, medicine, and health services consumption indicators) among older people in Ecuador. Nevertheless, it helps many people who have no access to social insurance to obtain some income in their old age.

Suggested Citation

  • Paola Floril Anangonò & Miguel À. Malo, 2023. "Poverty among Older People and Social Pension in Ecuador: The Impact of the Human Development Bonus on Consumption," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, vol. 131(2), pages 291-311.
    • Handle: RePEc:vep:journl:y:2023:v:131:i:2:p:291-311
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    More about this item

    Keywords

    social pension; older people; evaluation; propensity score matching;
    All these keywords.

    JEL classification:

    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination

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