Time Vs. Goods: The Value Of Measuring Household Production Technologies
We take U.S. and Israeli household data on expenditures of time and goods, generate an exhaustive set of commodities that households produce/consume using them, and calculate their relative goods intensities. Leisure activities are uniformly relatively time intensive, health, travel and lodging relatively goods intensive. We demonstrate how education and age alter the goods intensity of household production. The results of this accounting can be used as guides to: understanding how goods and income taxation interact to affect welfare; expanding notions of the determinants of international flows of goods; generating models of business cycles and endogenous growth to include interactions of goods and time consumption; and obtaining better measures of the distribution of well being. Copyright 2006 Blackwell Publishing Ltd.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 52 (2006)
Issue (Month): 1 (03)
|Contact details of provider:|| Web page: http://www.blackwellpublishing.com/journal.asp?ref=0034-6586|
More information through EDIRC
|Order Information:||Web: http://www.blackwellpublishing.com/subs.asp?ref=0034-6586|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Hamermesh, Daniel S., 2000.
"Timing, Togetherness and Time Windfalls,"
IZA Discussion Papers
173, Institute for the Study of Labor (IZA).
- Robert A. Pollak, 2002.
"Gary Becker's Contributions to Family and Household Economics,"
NBER Working Papers
9232, National Bureau of Economic Research, Inc.
- Robert Pollak, 2003. "Gary Becker's Contributions to Family and Household Economics," Review of Economics of the Household, Springer, vol. 1(1), pages 111-141, January.
- Sébastien Lecocq, 2001. "The allocation of time and goods in household activities: A test of separability," Journal of Population Economics, Springer, vol. 14(4), pages 585-597.
- Biddle, Jeff E & Hamermesh, Daniel S, 1990.
"Sleep and the Allocation of Time,"
Journal of Political Economy,
University of Chicago Press, vol. 98(5), pages 922-43, October.
- Reuben Gronau & R. Layard, .
"Home Production - A Survey,"
University of Chicago - Population Research Center
85-2, Chicago - Population Research Center.
- Iulie Aslaksen & Trude Fagerli & Hanne Gravningsmyhr, 1996. "An estimation of time and commodity intensity in unpaid household production in Norway," Feminist Economics, Taylor & Francis Journals, vol. 2(3), pages 81-91.
- Apps, Patricia & Rees, Ray, 2000.
"Household Production, Full Consumption and the Costs of Children,"
IZA Discussion Papers
157, Institute for the Study of Labor (IZA).
- Apps, Patricia & Rees, Ray, 2001. "Household production, full consumption and the costs of children," Labour Economics, Elsevier, vol. 8(6), pages 621-648, December.
- Benhabib, Jess & Rogerson, Richard & Wright, Randall, 1991.
"Homework in Macroeconomics: Household Production and Aggregate Fluctuations,"
Journal of Political Economy,
University of Chicago Press, vol. 99(6), pages 1166-87, December.
- Jess Benhabib & Richard Rogerson & Randall Wright, 1991. "Homework in macroeconomics: household production and aggregate fluctuations," Staff Report 135, Federal Reserve Bank of Minneapolis.
- Michael Abbott & Orley Ashenfelter, 1974.
"Labor Supply, Commodity Demand, and the Allocation of Time,"
437, Princeton University, Department of Economics, Industrial Relations Section..
- Abbott, Michael & Ashenfelter, Orley, 1976. "Labour Supply, Commodity Demand and the Allocation of Time," Review of Economic Studies, Wiley Blackwell, vol. 43(3), pages 389-411, October.
- Ortigueira, Salvador & Santos, Manuel S, 1997. "On the Speed of Convergence in Endogenous Growth Models," American Economic Review, American Economic Association, vol. 87(3), pages 383-99, June.
- Boskin, Michael J., 1975. "Efficiency aspects of the differential tax treatment of market and household economic activity," Journal of Public Economics, Elsevier, vol. 4(1), pages 1-25, February.
- Markusen, James R, 1986. "Explaining the Volume of Trade: An Eclectic Approach," American Economic Review, American Economic Association, vol. 76(5), pages 1002-11, December.
- Michael, Robert T, 1973. "Education in Nonmarket Production," Journal of Political Economy, University of Chicago Press, vol. 81(2), pages 306-27, Part I, M.
- Landefeld, J Steven & McCulla, Stephanie H, 2000. "Accounting for Nonmarket Household Production within a National Accounts Framework," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 46(3), pages 289-307, September.
When requesting a correction, please mention this item's handle: RePEc:bla:revinw:v:52:y:2006:i:1:p:1-16. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing)or (Christopher F. Baum)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.