Impact of the Pension 65 social program on food spending 2015-2016

Abstract

The objective of the present study is to estimate the impact of the social program Pension 65 on the per capita expenditure on food, as a source of information, the data base of the National Household Survey ENAHO- 2015-2016 is used, the methodology is the Double Difference and the estimation with Ordinary Least Squares (OLS) and fixed effects (EF) with panel data. The unit of analysis is the Peruvian households at the national level that participate 2 consecutive years in the program: 2015 and 2016, in this social program, has been taken as the baseline year 2015. The results suggest that the program Pension 65 if it has a positive impact on per capita expenditure on food, i.e. for those beneficiaries of the Pension 65 program, per capita expenditure has increased by 3.2% (b2 = 0.032) but this result is not statistically significant at a level of significance of 5%.