Table 1.

Measures of the Willingness-to-Pay (WTP) to Hide Income

Whole sampleSample with WTP ≥ 0
All playersWomenMenAll playersWomenMen
(1)(2)(3)(4)(5)(6)
Panel A: Whole sample
 Number of observations788534254512345167
 Mean (in FCFA)523508554805786843
 Median (in FCFA)6005001000100010001000
 Std. Dev.476476477350362320
Panel B: < Median of household daily food expenditures per cap.
 Number of observations39426612825317182
 Mean (in FCFA)508495535791769836
 Median (in FCFA)5005001000100010001000
 Std. Dev.478475484363374336
 Relative WTP1.731.691.812.702.632.83
Panel C:Median of household daily food expenditures per cap.
 Number of observations39426812625917485
 Mean (in FCFA)538521573818802850
 Median (in FCFA)7005001000100010001000
 Std. Dev.474475472336349306
 Relative WTPa0.870.870.871.331.341.29
Test difference in mean WTP - Panels B vs. C (p-Val)0.380.400.770.370.520.52
Test difference in relative WTP - Panels B vs. C (p-Val)0.000.000.000.000.000.00
Whole sampleSample with WTP ≥ 0
All playersWomenMenAll playersWomenMen
(1)(2)(3)(4)(5)(6)
Panel A: Whole sample
 Number of observations788534254512345167
 Mean (in FCFA)523508554805786843
 Median (in FCFA)6005001000100010001000
 Std. Dev.476476477350362320
Panel B: < Median of household daily food expenditures per cap.
 Number of observations39426612825317182
 Mean (in FCFA)508495535791769836
 Median (in FCFA)5005001000100010001000
 Std. Dev.478475484363374336
 Relative WTP1.731.691.812.702.632.83
Panel C:Median of household daily food expenditures per cap.
 Number of observations39426812625917485
 Mean (in FCFA)538521573818802850
 Median (in FCFA)7005001000100010001000
 Std. Dev.474475472336349306
 Relative WTPa0.870.870.871.331.341.29
Test difference in mean WTP - Panels B vs. C (p-Val)0.380.400.770.370.520.52
Test difference in relative WTP - Panels B vs. C (p-Val)0.000.000.000.000.000.00

Source: Authors' own calculations, based on original data collection.

Note: Taking a conservative approach, the WTP statistics are computed at the lower bound of the WTP interval. For example, if a participant is ready to pay 200 FCFA but not 500 FCFA, her maximum WTP is registered as being equal to 200 FCFA. For individuals with a negative WTP, the value is fixed at 0. The median daily household food expenditure per capita is 420 FCFA.

1000 FCFA ≃ 1.5 EUR ≃ 1.7 USD.

aRelative WTP corresponds to the ratio of the WTP to hide income to the household daily food expenditures per capita. The difference of the average WTP between men and women is not significant at standard levels in the whole sample, but is significant at the 10 percent level in the sample with WTP ≥ 0.

Table 1.

Measures of the Willingness-to-Pay (WTP) to Hide Income

Whole sampleSample with WTP ≥ 0
All playersWomenMenAll playersWomenMen
(1)(2)(3)(4)(5)(6)
Panel A: Whole sample
 Number of observations788534254512345167
 Mean (in FCFA)523508554805786843
 Median (in FCFA)6005001000100010001000
 Std. Dev.476476477350362320
Panel B: < Median of household daily food expenditures per cap.
 Number of observations39426612825317182
 Mean (in FCFA)508495535791769836
 Median (in FCFA)5005001000100010001000
 Std. Dev.478475484363374336
 Relative WTP1.731.691.812.702.632.83
Panel C:Median of household daily food expenditures per cap.
 Number of observations39426812625917485
 Mean (in FCFA)538521573818802850
 Median (in FCFA)7005001000100010001000
 Std. Dev.474475472336349306
 Relative WTPa0.870.870.871.331.341.29
Test difference in mean WTP - Panels B vs. C (p-Val)0.380.400.770.370.520.52
Test difference in relative WTP - Panels B vs. C (p-Val)0.000.000.000.000.000.00
Whole sampleSample with WTP ≥ 0
All playersWomenMenAll playersWomenMen
(1)(2)(3)(4)(5)(6)
Panel A: Whole sample
 Number of observations788534254512345167
 Mean (in FCFA)523508554805786843
 Median (in FCFA)6005001000100010001000
 Std. Dev.476476477350362320
Panel B: < Median of household daily food expenditures per cap.
 Number of observations39426612825317182
 Mean (in FCFA)508495535791769836
 Median (in FCFA)5005001000100010001000
 Std. Dev.478475484363374336
 Relative WTP1.731.691.812.702.632.83
Panel C:Median of household daily food expenditures per cap.
 Number of observations39426812625917485
 Mean (in FCFA)538521573818802850
 Median (in FCFA)7005001000100010001000
 Std. Dev.474475472336349306
 Relative WTPa0.870.870.871.331.341.29
Test difference in mean WTP - Panels B vs. C (p-Val)0.380.400.770.370.520.52
Test difference in relative WTP - Panels B vs. C (p-Val)0.000.000.000.000.000.00

Source: Authors' own calculations, based on original data collection.

Note: Taking a conservative approach, the WTP statistics are computed at the lower bound of the WTP interval. For example, if a participant is ready to pay 200 FCFA but not 500 FCFA, her maximum WTP is registered as being equal to 200 FCFA. For individuals with a negative WTP, the value is fixed at 0. The median daily household food expenditure per capita is 420 FCFA.

1000 FCFA ≃ 1.5 EUR ≃ 1.7 USD.

aRelative WTP corresponds to the ratio of the WTP to hide income to the household daily food expenditures per capita. The difference of the average WTP between men and women is not significant at standard levels in the whole sample, but is significant at the 10 percent level in the sample with WTP ≥ 0.

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