Social Value of Time for Investment Appraisal in Mozambique

Glenn Jenkins (), Pejman Bahramain (), Mikhail Miklyaev and Saint Seyi Akindere ()
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Pejman Bahramain: Postdoctoral Fellow, JDINT’L Executive Programs,Department of Economics, Queen’s University Kingston, Ontario, Canada, K7L3N6
Saint Seyi Akindere: Department of Economics, Eastern Mediterranean University Cyprus
Authors registered in the RePEc Author Service: Seyi Saint Akadiri () and Pejman Bahramian

No 2019-05, Development Discussion Papers from JDI Executive Programs

Abstract: This study aims to estimate social value of time for investment appraisal in Mozambique. In doing so, we estimate the social value of time for three categories of project that result in time savings. These include transportation sector (road), water supply and sanitation projects and social value of time for people using public services. The estimated social value of time savings in this study, reflects the average magnitude of the welfare improvement of passengers travelling by type of vehicles, welfare improvement of women and children hauling for water and sanitation project and welfare improvement of visiting public offices for commercial and non-commercial purposes in Mozambique. This welfare improvement comes about either through increased productivity of the individuals or through the increase in utility an individual would enjoy if waiting time is reduced by an hour in the Mozambique for immediate or future projects.

Keywords: Mozambique; SVT; Time; Social Value of Time; Time saved; Households’ (search for similar items in EconPapers)
JEL-codes: D46 D61 I31 (search for similar items in EconPapers)
Pages: 33 pages
Date: 2019-05
New Economics Papers: this item is included in nep-bec and nep-ppm
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Persistent link: https://EconPapers.repec.org/RePEc:qed:dpaper:4516

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