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Estimations of the Social Value of Time in Ghana

Author

Listed:
  • Majid Hashemi

    (Department of Economics, Queens University, Kingston, Ontario, Canada, K7L3N6 and Cambridge Resources International Inc.)

  • Mikhail Miklyaev

    (Department of Economics, Queens University, Kingston, Ontario, Canada, K7L3N6 and Cambridge Resources International Inc.)

  • Glenn P. Jenkins

    (Department of Economics, Queens University, Kingston, Ontario, Canada, K7L3N6 and Cambridge Resources International Inc.)

Abstract

Social value of time was estimated for three categories of public sector interventions in Ghana that can potentially result in time savings for citizens and firms. These estimations were carried out for the monetary values of time savings for transportation projects in urban and rural regions passenger and vehicle modes, travel time reductions in water and sanitation projects were reported for adults and children in Ghana. The estimated benefits from time savings are realized due to improving the efficiency of public service deliveries. These study shows that the benefits realized by citizens and firms will be substantial regardless of whether the purpose of visiting public offices are personal (e.g., medical treatments at public clinic or hospitals) or commercial (e.g., renewing business permit or registering commercial motor vehicles).

Suggested Citation

  • Majid Hashemi & Mikhail Miklyaev & Glenn P. Jenkins, 2022. "Estimations of the Social Value of Time in Ghana," Development Discussion Papers 2022-05, JDI Executive Programs.
    • Handle: RePEc:qed:dpaper:4583
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    References listed on IDEAS

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    1. Whittington, Dale & Cook, Joseph, 2019. "Valuing Changes in Time Use in Low- and Middle-Income Countries," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 10(S1), pages 51-72, April.
    2. Whittington, Dale & Jeuland, Marc & Barker, Kate & Yuen, Yvonne, 2012. "Setting Priorities, Targeting Subsidies among Water, Sanitation, and Preventive Health Interventions in Developing Countries," World Development, Elsevier, vol. 40(8), pages 1546-1568.
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    More about this item

    Keywords

    Ghana; Social Value of Time; Time Saved; households Public Sector Interventions;
    All these keywords.

    JEL classification:

    • D46 - Microeconomics - - Market Structure, Pricing, and Design - - - Value Theory
    • D60 - Microeconomics - - Welfare Economics - - - General
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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