에너지경제연구원 전자도서관

로그인

에너지경제연구원 전자도서관

자료검색

  1. 메인
  2. 자료검색
  3. 통합검색

통합검색

보고서(전자자료)

The Role of Market Frictions in Demand for Prepaid Electricity

카테고리
국외자료
단체저자
Megan Lang
발행기관
World Bank
발행년월
2025.04
페이지수
43p
URL
요약
Prepaid electricity contracts lower enforcement costs but may burden consumers, particularly when market frictions are present. This paper presents the results of a randomized control trial where 2,000 randomly selected, rural Rwandese consumers were offered a line of credit for electricity payments. The line of credit lowered liquidity constraints and transaction costs. Twenty percent of consumers borrowed and demand for the credit was inelastic; however, the line of credit did not change average demand for electricity. Detailed administrative data reveal that consumers primarily used the line of credit to lower transaction costs, suggesting that rural consumers highly value convenience. The results highlight potential Pareto improvements from more flexible prepaid contracts.