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Supplementing Household Income through Self-Supply and Exchange: The Case of a Multiple-Exchange Fair in Mexico City, 2016

Author

Listed:
  • Oscar Campuzano,

    (Universidad Michoacana de San Nicolas de Hidalgo (Mexico))

  • Francisco Javier Ayvar

    (Universidad Michoacana de San Nicolas de Hidalgo (Mexico))

Abstract

For approximately 40% of Mexican households, income alone is insufficient to meet basic expenses. As a result, some families fulfill their needs through self-supply, the practice of producing goods either for direct consumption or eventual exchange. This paper demonstrates the effects that the self-supply practice has on household savings. The authors find that the practice of multiple exchange, which includes a combination of exchange, production, and self-supply, is a key mechanism that enables Mexican households to better meet their needs. Data from a survey given to participants of a trade-and-exchange fair in Mexico City in 2016 was used; the participants? self-supply levels exceeded Mexico?s self-supply average, positively influencing their monetary savings.

Suggested Citation

  • Oscar Campuzano, & Francisco Javier Ayvar, 2019. "Supplementing Household Income through Self-Supply and Exchange: The Case of a Multiple-Exchange Fair in Mexico City, 2016," PSL Quarterly Review, Economia civile, vol. 72(291), pages 297-313.
  • Handle: RePEc:psl:pslqrr:2019:44
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    More about this item

    Keywords

    income; self-supply; exchange; savings;
    All these keywords.

    JEL classification:

    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • P2 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies
    • R2 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis

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