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Latin American Economic Review

Table 8 OLS regression results

From: Time goes by so slowly (for those who wait): a field experiment in health care

Dependent variable:

Dummy = 1 if paid

1

2

3

Price

− 0.001967 [0.000498]***

− 0.001954 [0.000499]***

− 0.001801 [0.000518]***

Waiting time

0.003999 [0.001282]***

0.004076 [0.001282]***

0.003718 [0.001377]***

Waiting time squared

− 0.000008 [0.000004]**

− 0.000009 [0.000004]**

− 0.000007 [0.000004]*

Observations

279

279

279

WTP-field experiment (at T = 150)

0.81

0.70

0.90

F-statistic for test WTP = 0

9.04***

8.65***

7.62***

Socioeconomic controls

No

Yes

Yes

Date fixed effects

No

No

Yes

  1. Robust standard errors in brackets
  2. WTP is calculated as the ratio of marginal utilities between time and money given the coefficients presented
  3. The marginal utility of time is computed at T = 150
  4. Table 5 in the main text is the analog of this table. However, in this case we assume a linear probability model and estimate the regression through ordinary least squares (tables in the main text are estimated through a logit regression)
  5. * Significant at 10%
  6. ** Significant at 5%
  7. *** Significant at 1%
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