Modernisation and Time Preferences in Tanzania: Evidence from a Large-Scale Elicitation Exercise

Assumptions about individual time preferences are important for explanations of poverty and development. Data from a large-scale elicitation exercise in Tanzania show significantly higher levels of impatience in urban areas than in rural areas. This result remains robust to adding controls for socio...

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Autores principales: D'Exelle, Ben, Van Campenhout, Bjorn, Lecoutere, Els
Formato: Journal Article
Lenguaje:Inglés
Publicado: Informa UK Limited 2012
Materias:
Acceso en línea:https://hdl.handle.net/10568/153091
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author D'Exelle, Ben
Van Campenhout, Bjorn
Lecoutere, Els
author_browse D'Exelle, Ben
Lecoutere, Els
Van Campenhout, Bjorn
author_facet D'Exelle, Ben
Van Campenhout, Bjorn
Lecoutere, Els
author_sort D'Exelle, Ben
collection Repository of Agricultural Research Outputs (CGSpace)
description Assumptions about individual time preferences are important for explanations of poverty and development. Data from a large-scale elicitation exercise in Tanzania show significantly higher levels of impatience in urban areas than in rural areas. This result remains robust to adding controls for socio-economic differences between rural and urban areas, which possibly correlate with time preferences. We attribute this to differences in ‘modernisation’ between urban and rural areas, with modernisation leading to increased impatience. This is corroborated by the observed positive correlation between impatience and education; the latter being an important vehicle of modernisation for traditional societies in Tanzania.
format Journal Article
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institution CGIAR Consortium
language Inglés
publishDate 2012
publishDateRange 2012
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publisher Informa UK Limited
publisherStr Informa UK Limited
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spelling CGSpace1530912024-11-15T08:52:28Z Modernisation and Time Preferences in Tanzania: Evidence from a Large-Scale Elicitation Exercise D'Exelle, Ben Van Campenhout, Bjorn Lecoutere, Els urban population rural population socio-economic development poverty development Assumptions about individual time preferences are important for explanations of poverty and development. Data from a large-scale elicitation exercise in Tanzania show significantly higher levels of impatience in urban areas than in rural areas. This result remains robust to adding controls for socio-economic differences between rural and urban areas, which possibly correlate with time preferences. We attribute this to differences in ‘modernisation’ between urban and rural areas, with modernisation leading to increased impatience. This is corroborated by the observed positive correlation between impatience and education; the latter being an important vehicle of modernisation for traditional societies in Tanzania. 2012-04 2024-10-01T13:55:37Z 2024-10-01T13:55:37Z Journal Article https://hdl.handle.net/10568/153091 en Limited Access Informa UK Limited D'Exelle, Ben; Van Campenhout, Bjorn; Lecoutere, Els 2012. Modernisation and Time Preferences in Tanzania: Evidence from a Large-Scale Elicitation Exercise. Journal of Development Studies 48(4) : 564-580
spellingShingle urban population
rural population
socio-economic development
poverty
development
D'Exelle, Ben
Van Campenhout, Bjorn
Lecoutere, Els
Modernisation and Time Preferences in Tanzania: Evidence from a Large-Scale Elicitation Exercise
title Modernisation and Time Preferences in Tanzania: Evidence from a Large-Scale Elicitation Exercise
title_full Modernisation and Time Preferences in Tanzania: Evidence from a Large-Scale Elicitation Exercise
title_fullStr Modernisation and Time Preferences in Tanzania: Evidence from a Large-Scale Elicitation Exercise
title_full_unstemmed Modernisation and Time Preferences in Tanzania: Evidence from a Large-Scale Elicitation Exercise
title_short Modernisation and Time Preferences in Tanzania: Evidence from a Large-Scale Elicitation Exercise
title_sort modernisation and time preferences in tanzania evidence from a large scale elicitation exercise
topic urban population
rural population
socio-economic development
poverty
development
url https://hdl.handle.net/10568/153091
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AT vancampenhoutbjorn modernisationandtimepreferencesintanzaniaevidencefromalargescaleelicitationexercise
AT lecoutereels modernisationandtimepreferencesintanzaniaevidencefromalargescaleelicitationexercise