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Implication of Social Programs on Subjective Economic Well-Being: A Perspective on the Case of Junin, Peru

Research output: Chapter in Book/ReportConference contributionpeer-review

Abstract

Social programs emerge as a response of a government seeking to improve the welfare of its population living in extreme poverty; knowing the perception of beneficiaries will prove the efficiency of their application. In this article, we test the impact of social programs on the subjective economic well-being of families in the Junin region of Peru. The data were extracted from the results of the ENAHO (National Household Survey) between the years 2012 and 2019. For the empirical strategy, we used a binary choice model, specifically a logistic regression. The findings show that the “Juntos” and “Pension 65” social programs do not generate a positive impact on the subjective economic well-being of beneficiary families, making this analysis an outlier to what theory adduces. The management of public policies in the Peruvian case lacks information that does not allow us to know exactly what the needs and demands of the population are, or these are ignored by policymakers.

Original languageAmerican English
Title of host publicationNew Perspectives and Paradigms in Applied Economics and Business - Select Proceedings of the 2022 6th International Conference on Applied Economics and Business
EditorsWilliam C. Gartner
PublisherSpringer Nature
Pages425-437
Number of pages13
ISBN (Print)9783031238437
DOIs
StateIndexed - 2023
Event6th International Conference on Applied Economics and Business, ICAEB 2022 - Stockholm, Sweden
Duration: 24 Aug 202226 Aug 2022

Publication series

NameSpringer Proceedings in Business and Economics
ISSN (Print)2198-7246
ISSN (Electronic)2198-7254

Conference

Conference6th International Conference on Applied Economics and Business, ICAEB 2022
Country/TerritorySweden
CityStockholm
Period24/08/2226/08/22

Bibliographical note

Publisher Copyright:
© 2023, The Author(s), under exclusive license to Springer Nature Switzerland AG.

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 1 - No Poverty
    SDG 1 No Poverty

Keywords

  • Social programs
  • State policies
  • Subjective well-being

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