Abstract
Lack of empirical research substantiates the economic theory that electronic vouchers significantly have more impact on beneficiaries’ utility than discounts and in-kind transfers. In this respect, we evaluate the magnitude of the utility increase in money-metric value. We hypothesize a situation of policy integration and employ a contingent valuation method to assess the willingness to accept (WTA) occurred by a degradation in consumer food options. We discovered that beneficiaries can achieve a higher level of welfare when benefits are paid through electronic vouchers. Also, we proved that the welfare effects of adopting an e-voucher system are higher among consumers who are currently supported by electronic voucher programs compared to others.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: Korean Journal of Agricultural Management and Policy
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
