Time vs. Goods: The Value of Measuring Household Production Technologies
Time vs. Goods: The Value of Measuring Household Production Technologies
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时间与货物:衡量家庭生产技术的价值
DOI:
10.1111/j.1475-4991.2006.00173.x
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发表时间:
2003
期刊:
影响因子:
--
通讯作者:
D. Hamermesh
中科院分区:
文献类型:
--
作者:
R. Gronau;D. Hamermesh
We take U.S. and Israeli household data on expenditures of time and goods, generate an exhaustive set of commodities that households produce/consume using them, and calculate their relative goods intensities. Leisure activities are uniformly relatively time intensive, health, travel and lodging relatively goods intensive. We demonstrate how education and age alter the goods intensity of household production. The results of this accounting can be used as guides to: understanding how goods and income taxation interact to affect welfare; expanding notions of the determinants of international flows of goods; generating models of business cycles and endogenous growth to include interactions of goods and time consumption; and obtaining better measures of the distribution of well being.