Multidimensional tool for assessment of social protection framework - a life cycle approach: conceptualisation, construction and comparison

Ashish Dongare

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: With the objective of introducing a holistic approach for review and assessment of social protection framework, the Multidimensional Social Protection Index (MSPI) is conceptualised in this paper. While developing the proposed MSPI ‘human life cycle’ has been kept at the centre. Accordingly, three sub-indices representing different life phases namely Young Social Protection Index (YSPI), Adult Social Protection Index (ASPI) and Elderly Social Protection Index (ESPI) are constituted. For ascertaining these sub-indices, social protection programs covering important areas like livelihood, education and health are evaluated by assessing their three dimensions viz. adequacy, coverage and efficacy. For this purpose, a set of indicators are framed. A detailed stepwise methodology for construction of MSPI is presented herein. The study is extended to compute MSPI for Indian states on the basis of selected social protection programs to gauge its practical applicability. Using a seven-step computation methodology presented in this paper, MSPI scores for Indian states are estimated and demonstrated herein with stepwise calculation. Further, a robustness check of MSPI is also conducted; the results reveal that MSPI scores estimated under different scenario are not significantly different and thus endorse the robustness of MSPI and its given methodology. Therefore, this study advocates that MSPI is quantifiable, practically implementable and a robust tool which would enable policy makers in developing benchmarks, assessing gaps, optimising allocation of resources and designing appropriate social protection programs.

Keywords: adequacy; coverage; efficacy; life-cycle phases; multidimensional social protection index; etc. (search for similar items in EconPapers)
JEL-codes: I31 I38 J18 (search for similar items in EconPapers)
Pages: 43 pages
Date: 2023-08-01
New Economics Papers: this item is included in nep-inv
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://eprints.lse.ac.uk/120019/ Open access version. (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:120019

Access Statistics for this paper

More papers in LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library LSE Library Portugal Street London, WC2A 2HD, U.K.. Contact information at EDIRC.
Bibliographic data for series maintained by LSERO Manager ().