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

• Published in: The Journal of development studies Vol. 48; no. 4; pp. 564 - 580
• Main Authors: D'Exelle, Ben, van Campenhout, Bjorn, Lecoutere, Els
• Format: Journal Article
• Language: English
• Published: Abingdon Routledge 01.04.2012; Taylor and Francis Journals; Taylor & Francis Ltd; Taylor & Francis (Routledge)
• Series: The Journal of Development Studies
• Subjects: Development Strategies; Humanities and Social Sciences; Modernization; Poverty; Preferences; Regional variation; Rural Areas; Rural Urban Differences; Social sciences; Socioeconomic development; Socioeconomic factors; Tanzania; Time; Traditional Societies; Traditional society; Urban Areas; Tanzania; Social Sciences & Humanities

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...