Time as an Ingredient in Meal Production and Consumption
Economic factors such as wages may have different influences on meal production and consumption times. Previous research has typically investigated only production or consumption time, and has produced mixed results. After developing a stylized model that illustrates how higher wages may reduce meal production time but have ambiguous effects on meal consumption time, I examine these relationships using time diary information from the ATUS supplemented with wage information from the CPS. Using standard and censored regression models, I find that for meal production time, women experience a negative effect from wages on weekdays, as expected, and no effect on weekends. However, men show no weekday effect and a surprising positive effect of wages on weekends, suggesting that men with a high value of weekday time may substitute weekend meal production time for weekday time. Higher wages are associated with more meal consumption time for both men and women on weekdays and weekends, indicating that consumption time is a normal good.
|Date of creation:||02 Aug 2011|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: (336) 334-5463
Fax: (336) 334-4089
Web page: http://www.uncg.edu/bae/econ/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Jay Stewart, 2009.
"Tobit or Not Tobit?,"
432, U.S. Bureau of Labor Statistics.
- Mark Aguiar & Erik Hurst, 2005. "Consumption versus Expenditure," Journal of Political Economy, University of Chicago Press, vol. 113(5), pages 919-948, October.
When requesting a correction, please mention this item's handle: RePEc:ris:uncgec:2011_012. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Al Link)
If references are entirely missing, you can add them using this form.