Cited by 55Economic and Environmental ValuationGender, Labor, and Family DynamicsHealth Systems, Economic Evaluations, Quality of Life

Valuing Changes in Time Use in Low- and Middle-Income Countries

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Whittington, Dale, Cook, Joseph·2019·Journal of Benefit-Cost Analysis

Abstract

Valuing changes in time use is often a critical element of economic analyses of development projects. In this paper we review the literature on the monetary value of time in low- and middle-income countries and find support for a commonly used benchmark of 50% of after-tax wages for time changes in activities in the informal sector, such as collecting water or traveling to health clinics. We offer recommendations to analysts who are conducting benefit-cost analyses in these settings about what methods they can use to estimate the value of time. These include a benefits transfer approach and also a relatively simple stated preference approach that might be deployed in a specific context if the project recommendation is sensitive to the assumption of the value of time or if the distribution of the benefits of time savings is especially important.

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Authors
Whittington, D., & Cook, J.
Affiliations
  • University of North Carolina at Chapel Hill (US)
  • Washington State University (US)
Corresponding author
Cook, Joseph
Venue
Journal of Benefit-Cost Analysis
Published
2018-12-19
Volume
10
Issue
S1
Pages
51-72
ISSN
  • 2152-2812 (ISSN-L)
  • 2194-5888
OpenAlex
W2906255355
Cited by
55
References
1
Citations by year
2026: 7 · 2025: 8 · 2024: 3 · 2023: 9 · 2022: 12 · 2021: 7 · 2020: 5 · 2019: 4
FWCI
6.08
Type
journal article
Language
en
Open access
Locations
  • Journal of Benefit-Cost Analysis (publishedVersion, cc-by)
  • PubMed Central (publishedVersion, cc-by)
  • PubMed (publishedVersion)
  • RePEc: Research Papers in Economics (submittedVersion)
  • Research Explorer (The University of Manchester) (submittedVersion, cc-by)
Funders
  • Bill and Melinda Gates Foundation (OPP1160057)
  • University of Pittsburgh
Topics
  • Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic and Environmental Valuation
  • Social Sciences › Gender Studies › Gender, Labor, and Family Dynamics
  • Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Health Systems, Economic Evaluations, Quality of Life
Keywords
value of time, time use, low- and middle-income countries, cost-benefit analysis, benefit transfer, stated preference, informal economy, development projects

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