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Willingness to pay to enhance pandemic preparedness in Mauritius
Department of Accounting, Finance and Economics, School of Business, Management and Finance, University of Technology, Mauritius, La Tour Koenig, Pointe-aux-Sables, Mauritius.
Luleå University of Technology, Department of Social Sciences, Technology and Arts, Social Sciences.
International Finance Corporation, World Bank Group, Washington, DC, USA.
2022 (English)In: Public Health, ISSN 0033-3506, E-ISSN 1476-5616, Vol. 211, p. 144-148Article in journal (Refereed) Published
Abstract [en]

Objectives: The objective of this study is to assess the determinants of willingness to pay to enhance pandemic preparedness in Mauritius.

Study design: A contingent valuation method is used to estimate willingness to pay to pay for enhancing pandemic preparedness using a sample of working people in Mauritius.

Methods: A two-phase decision process analysis is carried out to model the willingness to pay to enhance pandemic preparedness. The first phase is to analyse the respondents' decision of whether or not to pay for enhancing pandemic preparedness using a Probit model. The second phase is to estimate the determinants of the amount of money respondents are willing to pay using a Tobit model.

Results: Income earners are willing to pay an average of Rs. 1,900 (approximately USD 50) per annum to enhance pandemic preparedness. ‘Perceived Response Efficacy’, ‘Awareness of the Need and Responsibility for Paying’, ‘Subjective Obligation to Pay’ and the ‘Theory of Planned Behaviour’ are found to affect both stages of of the decision-making process. Knowledge on COVID-19 is found to have a positive impact on the decision to pay and health responsibility attitude is found to have a negative impact on the amount people are willing to pay.

Conclusions: On average, the government can potentially expect to mobilise an additional Rs. 1,047,470,000 (USD 27,565,000) from taxpayers to spend on enhancing pandemic preparedness in Mauritius. To increase willingness to pay for enhanced pandemic preparedness, the government can focus on improving knowledge on a pandemic, perceived response efficacy and awareness on need and responsibility of paying.

Place, publisher, year, edition, pages
Elsevier, 2022. Vol. 211, p. 144-148
Keywords [en]
Contingent valuation, COVID-19 knowledge, Pandemic preparedness, Probit model, Tobit model
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:ltu:diva-93044DOI: 10.1016/j.puhe.2022.07.017ISI: 000864910500009PubMedID: 36113200Scopus ID: 2-s2.0-85138108026OAI: oai:DiVA.org:ltu-93044DiVA, id: diva2:1696268
Note

Validerad;2022;Nivå 2;2022-09-16 (joosat);

Available from: 2022-09-16 Created: 2022-09-16 Last updated: 2022-11-16Bibliographically approved

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Jaunky, Vishal Chandr

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