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The value of time and expenditures of rural households in Burkina Faso: a domestic production framework

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  • François Gardes

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique, PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris sciences et lettres - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement)

  • Noël Thiombiano

    (CEDRES - Université de Ouaga II)

Abstract

We use a unique survey of rural households in Burkina Faso which contains both disaggregated household's expenditures and time uses for nine domestic activities. This allows us to estimate the opportunity cost of time using a Beckerian model of domestic production based on a direct utility depending on activities which are home produced with market goods and time. Proxies for full prices of domestic activities allow to recover full income and full price elasticities as well as elasticities with respect to the monetary prices and time use costs. Finally, inequality is found to be smaller when measured by full income compared to inequality of household's monetary incomes.

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  • François Gardes & Noël Thiombiano, 2017. "The value of time and expenditures of rural households in Burkina Faso: a domestic production framework," Post-Print halshs-01535172, HAL.
    • Handle: RePEc:hal:journl:halshs-01535172
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-01535172
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    References listed on IDEAS

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    Cited by:

    1. François Gardes, 2021. "A Solution to the Estimation of an Enlarged GDP Including Domestic Production: An Estimation on Micro Data," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-03325362, HAL.
    2. François Gardes, 2021. "A Solution to the Estimation of an Enlarged GDP Including Domestic Production: An Estimation on Micro Data," Post-Print halshs-03325362, HAL.
    3. François Gardes, 2021. "A Solution to the estimation of an Enlarged GDP Including Domestic Production: An Estimation on Micro Data," Documents de travail du Centre d'Economie de la Sorbonne 21024, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.

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