Template-type: ReDIF-Paper 1.0 Author-Name: Mideros Mora, Andres Author-Email: mideros@merit.unu.edu Author-Workplace-Name: UNU-MERIT / MGSoG Author-Name: Gassmann, Franziska Author-Email: Gassmann@merit.unu.edu Author-Workplace-Name: UNU-MERIT / MGSoG Author-Name: Mohnen, Pierre Author-Email: mohnen@merit.unu.edu Author-Workplace-Name: UNU-MERIT / MGSoG Title: Estimation of rates of return on social protection: Making the case for non-contributory social transfers in Cambodia Abstract: This study estimates the rates of return (RoR) of non-contributory social transfer programmes in Cambodia using household data and going beyond standard cost efficiency analyses by developing a dynamic micro simulation. It shows that social protection promotes equitable economic growth by enhancing human development and fostering economic performance at the micro level. A positive RoR is achieved after 12 periods and can reach between 12 per cent and 15 per cent after 20 periods. This study shows that micro simulation models can be extended in order to analyse the economic returns on social protection. Classification-JEL: C15, H00, I38, O15 Keywords: social protection, non-contributory social transfers, microsimulation, rate of return Series: UNU-MERIT Working Papers Creation-Date: 20131120 Number: 063 File-URL: http://www.merit.unu.edu/publications/wppdf/2013/wp2013-063.pdf File-Format: application/pdf File-Size: 275 Kb Handle: RePEc:unm:unumer:2013063