Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/173817 
Year of Publication: 
2016
Series/Report no.: 
IDB Working Paper Series No. IDB-WP-725
Publisher: 
Inter-American Development Bank (IDB), Washington, DC
Abstract: 
This paper uses willingness to pay (WTP) data from a field experiment in Hyderabad, India in 2013 to determine whether non-monetary prices better target health products to the poor than monetary prices. Monetary WTP is increasing in income and non-monetary WTP is weakly decreasing in income. Household fixed effects in a pooled sample of monetary WTP and non-monetary WTP are used to compare the correlation of income and WTP across price types. It is found that non-monetary WTP falls relative to monetary WTP as income rises. Finally, a greater fraction of demand is comprised of the poor at non-monetary prices.
Subjects: 
Non-monetary price
Ordeal mechanism
Targeting
Subsidies
JEL: 
O12
H42
D61
I14
I15
C93
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Working Paper

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