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Household Production and the Household Economy

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Author Info

  • Ironmonger, D.

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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Bibliographic 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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Related research

Keywords: PRODUCTION ; HOUSEHOLD ; LABOUR ; CAPITAL;

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Cited by:
  1. Joachim Merz, 2009. "Time Use and Time Budge. Improvements, Future Challenges and Recommendations," Working Paper Series of the German Council for Social and Economic Data 85, German Council for Social and Economic Data (RatSWD).
  2. Pratt, James E., 2009. "The Regional Economic Value of Nonmarket Household Production Time: Combining an I-O Framework with Time Use Date," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 39(1).
  3. Houston, Jack E. & Huguley, Helena, 2014. "The Role of Nutrition and Women's Empowerment in Human Capital Development," Journal of Food Distribution Research, Food Distribution Research Society, vol. 45(1), March.

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  1. Homemaking in Wikipedia English ne '')

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