Estimations of the Social Value of Time in Ghana

Majid Hashemi (majid.hashemi86@gmail.com), Mikhail Miklyaev and Glenn Jenkins (jenkins@econ.queensu.ca)
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Majid Hashemi: Department of Economics, Queens University, Kingston, Ontario, Canada, K7L3N6 and Cambridge Resources International Inc.

No 2022-05, Development Discussion Papers from JDI Executive Programs

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).

Keywords: Ghana; Social Value of Time; Time Saved; households Public Sector Interventions (search for similar items in EconPapers)
JEL-codes: D46 D60 I31 (search for similar items in EconPapers)
Pages: 27 Pages
Date: 2022-04-18
New Economics Papers: this item is included in nep-tre
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