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GDP and the value of family caretaking: how much does Europe care?

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  • Gianna C. Giannelli
  • Lucia Mangiavacchi
  • Luca Piccoli

Abstract

This study estimates the size and value of unpaid family caretaking activities at a European level. While at a country level several studies are available, a comprehensive evaluation for Europe as a whole was missing so far, mainly due to data limitations. This article fills this gap using a method that merges the information of the European Survey of Income and Living Conditions (EU-SILC) with the Harmonised European Time Use Surveys (HETUS). Monetary values of unpaid family domestic work and unpaid family childcare work are obtained applying both the opportunity cost and the market replacement approaches. For Europe as a whole, the total value of these activities ranges between 17% and 31.6% of the EU Gross Domestic Product (GDP), depending on the applied methodology. The national values of these activities are discussed and an interpretation of the country and gender differentials in family caretaking costs is given in terms of differences in culture, economic development and welfare state.

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File URL: http://hdl.handle.net/10.1080/00036846.2011.558485
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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Applied Economics.

Volume (Year): 44 (2012)
Issue (Month): 16 (June)
Pages: 2111-2131

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Handle: RePEc:taf:applec:44:y:2012:i:16:p:2111-2131

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  1. Jens Bonke & Mette Deding & Mette Lausten & Leslie S. Stratton, 2008. "Intra-Household Specialization in Housework in the United States and Denmark," Social Science Quarterly, Southwestern Social Science Association, vol. 89(4), pages 1023-1043.
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Cited by:
  1. Grossbard, Shoshana & Mukhopadhyay, Sankar, 2012. "Children, Spousal Love, and Happiness: An Economic Analysis," IZA Discussion Papers 7119, Institute for the Study of Labor (IZA).
  2. David de la Croix & Olivier Pierrard & Henri R. Sneessens, 2011. "Aging and Pensions in General Equilibrium: Labor Market Imperfections Matter," BCL working papers 62, Central Bank of Luxembourg.
  3. Luca Marchiori & Olivier Pierrard, 2012. "LOLA 2.0: Luxembourg OverLapping generation model for policy Analysis," BCL working papers 76, Central Bank of Luxembourg.

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