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The demand for a COVID-19 vaccine in Kenya
- Source :
- Hum Vaccin Immunother
- Publication Year :
- 2021
-
Abstract
- The goal of achieving herd immunity to the coronavirus requires high vaccination acceptance levels on the part of the population. The objectives of this study were to: 1) Measure individuals' willingness to pay (WTP) for a COVID-19 vaccine in Kenya; 2) evaluate the effect of vaccine characteristics (duration of protection and efficacy) and individuals' socioeconomic variables on WTP, and 3) estimate the aggregate demand and economic value of a COVID-19 vaccine. The contingent valuation (CV) method was used as the basis for the analyses. Data for this study were obtained from a survey of 1,050 individuals in Kenya conducted from April 7 to April 15, 2020. The survey included CV questions using a double-bounded dichotomous choice format. Results reveal that most of the individuals in Kenya (at least 96%) were willing to accept a COVID-19 vaccine. Approximately 80% of individuals were willing to pay a positive amount. Conservative estimates of individuals' mean WTP for the vaccine range from USD 49.81 to USD 68.25 (depending on vaccine characteristics). Both vaccine duration of protection and efficacy were found to influence WTP (p
- Subjects :
- Pharmacology
Contingent valuation
Kenya
education.field_of_study
Vaccines
COVID-19 Vaccines
business.industry
SARS-CoV-2
Immunology
Population
COVID-19
Herd immunity
Vaccination
Willingness to pay
Immunology and Allergy
Medicine
Household income
Humans
business
education
Socioeconomic status
Demography
Research Paper
Subjects
Details
- ISSN :
- 2164554X
- Volume :
- 17
- Issue :
- 10
- Database :
- OpenAIRE
- Journal :
- Human vaccinesimmunotherapeutics
- Accession number :
- edsair.doi.dedup.....5cc605d9ae3fdeabc1b60cee28242c95