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The full equivalence scales: an estimation integrating the monetary and time dimensions of households’ expenditures
[Les échelles d’équivalence complètes : une estimation intégrant les dimensions monétaire et temporelle des dépenses des ménages]

Author

Listed:
  • 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)

  • Imen Sayadi

    (Institut Supérieur de Commerce et de Comptabilité de Bizerte - ISCCB)

  • Christophe Starzec

    (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, CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

Abstract

The statistical match of a Family Budgets survey and Time Use survey (INSEE 2000) makes possible, once evaluated the cost of the time, the estimation of the full expenditure of household integrating the value of the domestic production and the monetary expenditure. The full cost of the child computed using the classic methods of demand systems estimation is higher than the child cost obtained by the monetary approach. To a lesser extent the same result is obtained for the cost of a second adult. The economies of scale seem to be stronger in the time use dimension than for monetary expenditure. Also, the inequality of the full incomes obtained by the matching is lower than those computed on monetary incomes only.

Suggested Citation

  • François Gardes & Imen Sayadi & Christophe Starzec, 2015. "The full equivalence scales: an estimation integrating the monetary and time dimensions of households’ expenditures [Les échelles d’équivalence complètes : une estimation intégrant les dimensions m," PSE-Ecole d'économie de Paris (Postprint) hal-01307097, HAL.
    • Handle: RePEc:hal:pseptp:hal-01307097
    DOI: 10.3917/redp.253.0393
    Note: View the original document on HAL open archive server: https://hal.science/hal-01307097
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    References listed on IDEAS

    as
    1. Gardes, Francois & Duncan, Greg J. & Gaubert, Patrice & Gurgand, Marc & Starzec, Christophe, 2005. "Panel and Pseudo-Panel Estimation of Cross-Sectional and Time Series Elasticities of Food Consumption: The Case of U.S. and Polish Data," Journal of Business & Economic Statistics, American Statistical Association, vol. 23, pages 242-253, April.
    2. François Gardes & Christophe Starzec, 2000. "Economies of scale and food consumption: A reappraisal of the Deaton-Paxson paradox," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-03721665, HAL.
    3. Michael Bittman & Robert E. Goodin, 1998. "An Equivalence Scale for Time," Discussion Papers 0085, University of New South Wales, Social Policy Research Centre.
    4. Gardes, F. & Starzec, C., 2000. "Economies of Scale and Food Consumption : a Reappraisal of the Deaton-Paxson Paradox," Papiers d'Economie Mathématique et Applications 2000.08, Université Panthéon-Sorbonne (Paris 1).
    5. François Gardes & Christophe Starzec, 2000. "Economies of scale and food consumption: A reappraisal of the Deaton-Paxson paradox," Post-Print halshs-03721665, HAL.
    6. François Gardes & Greg J, Duncan & Patrice Gaubert & Christophe Starzec, 2002. "Panel and Pseudo-Panel Estimation of Cross-Sectional and Time Series Elasticities of Food Consumption : The Case of American and Polish Data," Working Papers 2002-02, Center for Research in Economics and Statistics.
    7. Bruce Bradbury, 2004. "The Price, Cost, Consumption and Value of Children," Labor and Demography 0402003, University Library of Munich, Germany.
    8. Reuben Gronau & Daniel S. Hamermesh, 2006. "Time Vs. Goods: The Value Of Measuring Household Production Technologies," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 52(1), pages 1-16, March.
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