IDEAS home Printed from https://ideas.repec.org/p/eoe/escoed/escoe-dp-2025-13.html

Time-use and economic activity: inputs, outputs and outcomes

Author

Listed:
  • Gershuny, Jonathan

Abstract

This addresses two issues within the System of National Accounts which remain unresolved in its 2025 revision. (1) The SNA excludes most final production by and intended for private households, even though technical change often involves transfer of productive tasks out of the money economy and into these, or similar, small enterprises. And (2) it fails to distinguish between final output at the General Production Boundary, and other unintended, individual or collective outcomes of economic activity. Both problems relate to the inadequate conceptualisation of final consumption, which is required to complement Reid’s (1934) “3rd person” definition of production. SNA 2025 recommends the construction of “extended accounts” using prices of analogous commodities in the money economy to “shadow” those from outside the money nexus—but these do not exhaust the full range of non-money production and consumption.

Suggested Citation

  • Gershuny, Jonathan, 2025. "Time-use and economic activity: inputs, outputs and outcomes," Discussion Papers escoe-dp-2025-13, Economic Statistics Centre of Excellence.
    • Handle: RePEc:eoe:escoed:escoe-dp-2025-13
    as

    Download full text from publisher

    File URL: https://www.repository-escoe.com/id/eprint/79/1/ESCoE%20DP%202025-13.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. repec:bla:revinw:v:22:y:1976:i:2:p:101-31 is not listed on IDEAS
    2. Duncan Ironmonger & Faye Soupourmas, 2009. "Estimating household production outputs with time use episode data," electronic International Journal of Time Use Research, Research Institute on Professions (Forschungsinstitut Freie Berufe (FFB)) and The International Association for Time Use Research (IATUR), vol. 6(2), pages 240-268, September.
    3. F. Thomas Juster & Paul N. Courant & Greg K. Dow, 1981. "A Theoretical Framework For The Measurement Of Well‐Being," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 27(1), pages 1-31, March.
    4. Jahoda,Marie, 1982. "Employment and Unemployment," Cambridge Books, Cambridge University Press, number 9780521285865.
    5. Paul Dolan & Daniel Kahneman, 2008. "Interpretations Of Utility And Their Implications For The Valuation Of Health," Economic Journal, Royal Economic Society, vol. 118(525), pages 215-234, January.
    6. Hildegarde Kneeland, 1929. "Woman's Economic Contribution in the Home," The ANNALS of the American Academy of Political and Social Science, , vol. 143(1), pages 33-40, May.
    7. Longhi, Simonetta, 2015. "Residential energy expenditures and the relevance of changes in household circumstances," Energy Economics, Elsevier, vol. 49(C), pages 440-450.
    8. Oriel Sullivan & Jonathan Gershuny & Almudena Sevilla & Francesca Foliano & Margarita Vega-Rapun & Juana Lamote de Grignon & Teresa Harms & Pierre Walthéry, 2021. "Using time-use diaries to track changing behavior across successive stages of COVID-19 social restrictions," Proceedings of the National Academy of Sciences, Proceedings of the National Academy of Sciences, vol. 118(35), pages 2101724118-, August.
    9. Krekel, Christian & MacKerron, George, 2023. "Back to Edgeworth? Estimating the Value of Time Using Hedonic Experiences," IZA Discussion Papers 16308, IZA Network @ LISER.
    10. Oli Hawrylyshyn, 1976. "The Value Of Household Services: A Survey Of Empirical Estimates," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 22(2), pages 101-103, June.
    11. Joseph E. Stiglitz & Amartya Sen & Jean-Paul Fitoussi, 2009. "The measurement of economic performance and social progress revisited," Documents de Travail de l'OFCE 2009-33, Observatoire Francais des Conjonctures Economiques (OFCE).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Andreas Knabe & Ronnie Schöb & Joachim Weimann, 2016. "Partnership, Gender, and the Well-Being Cost of Unemployment," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 129(3), pages 1255-1275, December.
    2. Ronnie Schöb, 2013. "Unemployment and Identity," CESifo Economic Studies, CESifo Group, vol. 59(1), pages 149-180, March.
    3. Andreas Knabe & Ronnie Schöb & Joachim Weimann, 2017. "The subjective well-being of workfare participants: insights from a day reconstruction survey," Applied Economics, Taylor & Francis Journals, vol. 49(13), pages 1311-1325, March.
    4. Haobin Fan & Xuanyi Nie, 2020. "Impacts of Layoffs and Government Assistance on Mental Health during COVID-19: An Evidence-Based Study of the United States," Sustainability, MDPI, vol. 12(18), pages 1-23, September.
    5. Foliano, Francesca & Tonei, Valentina & Sevilla, Almudena, 2024. "Social restrictions, leisure and well-being," Labour Economics, Elsevier, vol. 87(C).
    6. Sarah Flèche & Richard Layard, 2017. "Do More of Those in Misery Suffer from Poverty, Unemployment or Mental Illness?," Kyklos, Wiley Blackwell, vol. 70(1), pages 27-41, February.
    7. van Hoorn, André, 2018. "Is the happiness approach to measuring preferences valid?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 73(C), pages 53-65.
    8. McDonald, Rebecca & Powdthavee, Nattavudh, 2018. "The Shadow Prices of Voluntary Caregiving: Using Panel Data of Well-Being to Estimate the Cost of Informal Care," IZA Discussion Papers 11545, IZA Network @ LISER.
    9. Lídia Farré & Francesco Fasani & Hannes Mueller, 2018. "Feeling useless: the effect of unemployment on mental health in the Great Recession," IZA Journal of Labor Economics, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 7(1), pages 1-34, December.
    10. Xinkuo Xu & Liyan Han, 2017. "Diverse Effects of Consumer Credit on Household Carbon Emissions at Quantiles: Evidence from Urban China," Sustainability, MDPI, vol. 9(9), pages 1-25, September.
    11. Heinz Welsch, 2024. "Household Sector Carbon Pricing, Revenue Rebating, and Subjective Well-Being: A Dollar is not a Dollar," Working Papers V-444-24, University of Oldenburg, Department of Economics, revised Apr 2024.
    12. Otrachshenko, Vladimir & Tyurina, Elena & Nagapetyan, Artur, 2022. "The economic value of the Glass Beach: Contingent valuation and life satisfaction approaches," Ecological Economics, Elsevier, vol. 198(C).
    13. Concetta Russo & Marco Terraneo, 2020. "Mental Well-being Among Workers: A Cross-national Analysis of Job Insecurity Impact on the Workforce," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 152(2), pages 421-442, November.
    14. Trine Filges & Anu Siren & Torben Fridberg & Bjørn C. V. Nielsen, 2020. "Voluntary work for the physical and mental health of older volunteers: A systematic review," Campbell Systematic Reviews, John Wiley & Sons, vol. 16(4), December.
    15. Lars Kunze & Nicolai Suppa, 2014. "Bowling Alone or Bowling at All? The Effect of Unemployment on Social Participation," Ruhr Economic Papers 0510, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
    16. Greco, Salvatore & Ishizaka, Alessio & Tasiou, Menelaos & Torrisi, Gianpiero, 2018. "σ-µ efficiency analysis: A new methodology for evaluating units through composite indices," MPRA Paper 83569, University Library of Munich, Germany.
    17. repec:ehl:lserod:119284 is not listed on IDEAS
    18. Laura Langner, 2022. "Desperate Housewives and Happy Working Mothers: Are Parent-Couples with Equal Income More Satisfied throughout Parenthood? A Dyadic Longitudinal Study," Work, Employment & Society, British Sociological Association, vol. 36(1), pages 80-100, February.
    19. Laura M. Wade-Bohleber & Carmen Duss & Aureliano Crameri & Agnes von Wyl, 2020. "Associations of Social and Psychological Resources with Different Facets of Chronic Stress: A Study with Employed and Unemployed Adolescents," IJERPH, MDPI, vol. 17(14), pages 1-17, July.
    20. Hafid Ballafkih & Joop Zinsmeister & Martha Meerman, 2017. "A Job and a Sufficient Income Is Not Enough: The Needs of the Dutch Precariat," SAGE Open, , vol. 7(4), pages 21582440177, December.
    21. Samy Katumba & Julia Kadt & Mark Orkin & Paul Fatti, 2022. "Construction of a Reflective Quality of Life Index for Gauteng Province in South Africa," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 164(1), pages 373-408, November.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eoe:escoed:escoe-dp-2025-13. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Communications Manager (email available below). General contact details of provider: https://edirc.repec.org/data/escoeuk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.