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On leisure demand: a Post Keynesian critique of neoclassical theory

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  • PAUL DOWNWARD

Abstract

Leisure is not a typical theme of analysis in Post Keynesian economics. The analysis of leisure, however, provides an opportunity to critique mainstream economic analysis as well as contributes toward our understanding of an important facet of modern economies. This paper provides an empirical contribution toward this objective by focusing upon leisure demand. As well as drawing upon early Post Keynesian and institutional and sociological analyses, the paper offers original empirical insights from the United Kingdom using a qualitative choice analysis.

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  • Paul Downward, 2004. "On leisure demand: a Post Keynesian critique of neoclassical theory," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 26(3), pages 371-394.
    • Handle: RePEc:mes:postke:v:26:y:2004:i:3:p:371-394
    DOI: 10.1080/01603477.2004.11051406
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    Cited by:

    1. Géraldine Thiry, 2015. "Beyond GDP: Conceptual Grounds of Quantification. The Case of the Index of Economic Well-Being (IEWB)," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 121(2), pages 313-343, April.
    2. Jane E. Ruseski & Katerina Maresova, 2014. "Economic Freedom, Sport Policy, And Individual Participation In Physical Activity: An International Comparison," Contemporary Economic Policy, Western Economic Association International, vol. 32(1), pages 42-55, January.
    3. Yasemin Öztürk & Tekin Köse & Kayra Özcan, 2021. "Gender Differences in Sports Participation: A Multi-Level Analysis," Bogazici Journal, Review of Social, Economic and Administrative Studies, Bogazici University, Department of Economics, vol. 35(2), pages 151-176.
    4. Stephen Dunn, 2006. "Prolegomena to a Post Keynesian health economics," Review of Social Economy, Taylor & Francis Journals, vol. 64(3), pages 273-299.
    5. Humphreys Brad R & Ruseski Jane E, 2011. "An Economic Analysis of Participation and Time Spent in Physical Activity," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 11(1), pages 1-38, August.
    6. Themis Kokolakakis & Fernando Lera Lopez & Thanos Panagouleas, 2011. "Analysis of the Determinants of Sports Participation in Spain and England. Statistical, Economic Analysis and Policy Conclusions," Post-Print hal-00710058, HAL.
    7. Sandrine Poupaux & Christoph Breuer, 2009. "Does higher sport supply lead to higher sport demand? A city level analysis," Working Papers 0905, International Association of Sports Economists;North American Association of Sports Economists.
    8. Humphreys, Brad & Maresova, Katerina & Ruseski, Jane, 2012. "Institutional Factors, Sport Policy, and Individual Sport Participation: An International Comparison," Working Papers 2012-1, University of Alberta, Department of Economics.
    9. Thibaut, Erik & Vos, Steven & Scheerder, Jeroen, 2014. "Hurdles for sports consumption? The determining factors of household sports expenditures," Sport Management Review, Elsevier, vol. 17(4), pages 444-454.
    10. Downward, Paul & Lera-Lopez, Fernando & Rasciute, Simona, 2011. "The Zero-Inflated ordered probit approach to modelling sports participation," Economic Modelling, Elsevier, vol. 28(6), pages 2469-2477.
    11. Makshanchikov, Konstantin, 2020. "Russians’ spending on sports: Econometric analysis on Levada-Center data," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 60, pages 115-138.
    12. Jaume García & Fernando Lera-López & María José Suárez, 2011. "Estimation of a Structural Model of the Determinants of the Time Spent on Physical Activity and Sport," Journal of Sports Economics, , vol. 12(5), pages 515-537, October.

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