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

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dc.creatorD'Exelle, Ben
dc.creatorVan Campenhout, Bjorn
dc.creatorLecoutere, Els
dc.date2012-04
dc.date2024-10-01T13:55:37Z
dc.date2024-10-01T13:55:37Z
dc.date.accessioned2026-06-27T15:14:42Z
dc.descriptionAssumptions 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.
dc.identifierhttps://hdl.handle.net/10568/153091
dc.identifier.urihttp://hdl.handle.net/123456789/98720
dc.languageen
dc.publisherInforma UK Limited
dc.rightsLimited Access
dc.sourceD'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
dc.subjecturban population
dc.subjectrural population
dc.subjectsocio-economic development
dc.subjectpoverty
dc.subjectdevelopment
dc.titleModernisation and Time Preferences in Tanzania: Evidence from a Large-Scale Elicitation Exercise
dc.typeJournal Article

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Instituto Internacional de Investigación sobre Políticas Alimentarias (IFPRI)