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Estimating Time Demand Elasticities Under Rationing

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  • Victoria Prowse

Abstract

A multivariate extension of the standard labour suppy model is presented. In the multivariate time allocation model leisure is disaggregated into a number of non market activities including sports, volunteer work and home production. Using data from the 2000 UK Time Use Survey, a linear expenditure system is estimated, allowing corner solutions in the time allocated to market work and non market activities. The effects of children, age, gender and education are largely as expected. The unusually high wage elasticities are attributed to a combination of the functional form of the linear expenditure and the treatment of the zero observations.

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Bibliographic Info

Paper provided by University of Oxford, Department of Economics in its series Economics Series Working Papers with number 209.

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Date of creation: 01 Oct 2004
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Handle: RePEc:oxf:wpaper:209

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Keywords: Time Use; Labour Supply; Corner Solutions; Simulation Inference;

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Cited by:
  1. Kimmel, Jean & Connelly, Rachel, 2006. "Is Mothers' Time With Their Children Home Production or Leisure?," IZA Discussion Papers 2058, Institute for the Study of Labor (IZA).

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