Time as an Ingredient in Meal Production and Consumption
AbstractEconomic factors such as wages may have different influences on meal production and consumption times. Previous research has typically investigated only production or consumption time, and has produced mixed results. After developing a stylized model that illustrates how higher wages may reduce meal production time but have ambiguous effects on meal consumption time, I examine these relationships using time diary information from the ATUS supplemented with wage information from the CPS. Using standard and censored regression models, I find that for meal production time, women experience a negative effect from wages on weekdays, as expected, and no effect on weekends. However, men show no weekday effect and a surprising positive effect of wages on weekends, suggesting that men with a high value of weekday time may substitute weekend meal production time for weekday time. Higher wages are associated with more meal consumption time for both men and women on weekdays and weekends, indicating that consumption time is a normal good.
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Bibliographic InfoPaper provided by University of North Carolina at Greensboro, Department of Economics in its series Working Papers with number 11-12.
Length: 47 pages
Date of creation: 02 Aug 2011
Date of revision:
Time use; Meal time; Meal production; Meal consumption; Wage imputation;
Find related papers by JEL classification:
- J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
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- Mark Aguiar & Erik Hurst, 2005. "Consumption versus Expenditure," Journal of Political Economy, University of Chicago Press, vol. 113(5), pages 919-948, October.
- Stewart, Jay, 2013.
"Tobit or not Tobit?,"
Journal of Economic and Social Measurement,
IOS Press, issue 3, pages 263-290.
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