Measuring the value of unpaid household, caring and voluntary work of older Australians
As the populations in many countries age, the direct financial costs to governments are expected to rise due to the income support and health costs associated with an older population. A focus on these financial costs has led to an unduly negative, problem-oriented view of population ageing that neglects the contribution of older citizens to the social and economic wellbeing of the nation. This paper explores just one aspect of the contributions of older Australians and demonstrates that, as an age cohort, older people make valuable economic contributions to Australian society through the time they spend in voluntary work and in unpaid caring in their own household, to their family members in other households, and to non-family members in the wider community. It is estimated that Australians aged over 65 years contribute almost $39 billion per year in unpaid caring and voluntary work and, if the unpaid contribution of those aged 55 to 64 years is included, this contribution rises to $74.5 billion per annum.
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.:
- Duncan Ironmonger, 1996. "Counting outputs, capital inputs and caring labor: Estimating gross household product," Feminist Economics, Taylor & Francis Journals, vol. 2(3), pages 37-64.
- Apps, P.F. & Rees, R., 1993.
"Labour Supply, Household Production and Intra-Family Welfare Distribution,"
1993-3, University of Guelph, Department of Economics and Finance.
- Apps, P. F. & Rees, R., 1996. "Labour supply, household production and intra-family welfare distribution," Journal of Public Economics, Elsevier, vol. 60(2), pages 199-219, May.
- Apps, P.F. & Rees, R., 1993. "Labor Supply, Household Production and Intra-Family Welfare Distribution," Papers 248, Australian National University - Department of Economics.
- Apps, P.F. & Rees, R., 1993. "Labour Supply, Household Production and Intra-Family Welfare Distribution," The Warwick Economics Research Paper Series (TWERPS) 405, University of Warwick, Department of Economics.
- Fitzgerald, John & Wicks, John, 1990. "Measuring the Value of Household Output: A Comparison of Direct and Indirect Approaches," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 36(2), pages 129-41, June.
- Lourdes Beneria, 1996. "Thou shalt not live by statistics alone, but it might help," Feminist Economics, Taylor & Francis Journals, vol. 2(3), pages 139-142.
When requesting a correction, please mention this item's handle: RePEc:wpa:wuwpla:0405006. 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: (EconWPA)
If references are entirely missing, you can add them using this form.