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Household Production and the Household Economy

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Author Info
Ironmonger, D.

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Abstract

Household production is the production of the goods and services by the members of a household, for their own consumption, using their own capital and their own unpaid labor. Goods and services produced by households for their own use include accommodation, meals, clean clothes, and child care. The process of household production involves the transformation of purchased intermediate commodities into final consumption commodities. Households use their own capital and their own labor.

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File URL: http://www.economics.unimelb.edu.au/SITE/research/workingpapers/wp00_01/759.pdf
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Publisher Info
Paper provided by The University of Melbourne in its series Department of Economics - Working Papers Series with number 759.

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Length: 13 pages
Date of creation: 2000
Date of revision:
Handle: RePEc:mlb:wpaper:759

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Postal: Department of Economics, The University of Melbourne, 5th Floor, Economics and Commerce Building, Victoria, 3010, Australia
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Web page: http://www.economics.unimelb.edu.au
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Related research
Keywords: PRODUCTION ; HOUSEHOLD ; LABOUR ; CAPITAL;

Find related papers by JEL classification:
D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation
D1 - Microeconomics - - Household Behavior

Cited by:
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  1. Merz, Joachim, 2009. "Time Use and Time Budgets – Improvements, Future Challenges and Recommendations," MPRA Paper 16304, University Library of Munich, Germany. [Downloadable!]
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This page was last updated on 2009-12-20.

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