Home production – Enjoying the process or the product?
This paper tests a household production model on data from a Danish time use survey from 2001 using GMM 3SLS. Household production includes “process benefits” accruing from the pleasure of undertaking certain housework tasks. I find no significant evidence of “process benefits”. An identification problem arises from the situation where households alternatively attach extra value to consuming home-produced goods. The outcome of these two types of benefits may in certain cases be observationally equivalent.
Volume (Year): 8 (2011)
Issue (Month): 1 (November)
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- Thomas Masterson, 2011. "Quality of Match for Statistical Matches Used in the Development of the Levy Institute Measure of Time and Income Poverty (LIMTIP) for Argentina, Chile, and Mexico," Economics Working Paper Archive wp_692, Levy Economics Institute.
- Valeria Esquivel & Debbie Budlender & Nancy Folbre & Indira Hirway, 2008. "Explorations: Time-use surveys in the south," Feminist Economics, Taylor & Francis Journals, vol. 14(3), pages 107-152.