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



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," Documents de travail du Centre d'Economie de la Sorbonne 17027, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
  • Handle: RePEc:mse:cesdoc:17027

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    References listed on IDEAS

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    16. Duncan, G.J. & Gardes, F. & Gaubert, P. & Starzec, C., 1998. "A Comparison of Consumption Models Estimated on American and Polish Panel and Pseudo-Panel Data," Papiers du Laboratoire de Microéconomie Appliquée 1998-09, Université Panthéon-Sorbonne (Paris 1).
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    More about this item


    domestic production; full income; full price; opportunity cost of time; price elasticity; Burkina Faso;

    JEL classification:

    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation
    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply

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