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Household Production and Consumption of News-Information Services: An Empirical Study

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Author Info
Robert B. Ekelund, Jr. (Auburn University)
John Keith Watson (University of Southwestern Louisiana)

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Abstract

A dramatic decline in newspaper consumption has been observed in recent years. This paper offers a theoretical justification for this phenomenon based on the opportunity cost of household time. A rising labor force participation rate, which proxies the opportunity cost of household production, helps explain the observed decline in newspaper consumption in a simple empirical test.

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File URL: http://college.holycross.edu/eej/Volume20/V20N1P11_19.pdf
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Publisher Info
Article provided by Eastern Economic Association in its journal Eastern Economic Journal.

Volume (Year): 20 (1994)
Issue (Month): 1 (Winter)
Pages: 11-19
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Handle: RePEc:eej:eeconj:v:20:y:1994:i:1:p:11-19

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Related research
Keywords: Household Production; Households; News; Newspapers; Service; Services;

Other versions of this item:

Find related papers by JEL classification:
D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation
L82 - Industrial Organization - - Industry Studies: Services - - - Entertainment; Media

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Byoung-Min Kim & Richard Widdows & Tansel Yilmazer, 2005. "The determinants of consumers’ adoption of Internet banking," Conference Series ; [Proceedings], Federal Reserve Bank of Boston. [Downloadable!]
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This page was last updated on 2009-10-22.


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