Information and subsidies: Complements or substitutes?
Information and subsidies: Complements or substitutes?
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DOI:
10.1016/j.jebo.2012.12.031
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发表时间:
2013-04-01
影响因子:
2.2
通讯作者:
Kamenica, Emir
中科院分区:
文献类型:
--
作者:
Ashraf, Nava;Jack, B. Kelsey;Kamenica, Emir
Does providing information about a product influence the impact of price subsidies on purchases? This question is particularly relevant for health products in developing countries where both informational campaigns and price subsidies are common policy instruments. We conduct a field experiment in Zambia and find that providing information about a new version of a product significantly increases the impact of price subsidies on take-up. Taken alone, the information manipulation has no significant impact on demand while the price subsidy substantially increases demand. However, the evaluation of either intervention in isolation fails to capture the significant complementarity between the two. (C) 2013 Elsevier B.V. All rights reserved.