Publication
Title
Modernisation and time preferences in Tanzania : evidence from a large-scale elicitation exercise
Author
Abstract
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.
Language
English
Source (journal)
The journal of development studies. - London, 1964, currens
Publication
London : 2012
ISSN
0022-0388
1743-9140 [online]
Volume/pages
48:4(2012), p. 564-580
ISI
000303214700007
Full text (Publisher's DOI)
Full text (publisher's version - intranet only)
UAntwerpen
Faculty/Department
Research group
Publication type
Subject
Law 
Affiliation
Publications with a UAntwerp address
External links
Web of Science
Record
Identification
Creation 05.06.2012
Last edited 18.10.2017
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