Household demand for market purchased, home producible commodities
1989
Weagley, R.O. | Norum, P.S.
The purpose of this study was to obtain a better understanding of the household's choice to purchase market commodities that could be substituted for home produced commodities. A household production model provided the theoretical framework. Logit demand functions for 12 different market commodities were estimated. The commodities were house cleaning, car repair, home repair, lawn care, exterior painting, interior painting, wall papering, food preparation, clothing construction, clothing repair, clothes laundering, and day care for children. The empirical results were used to classify these various activities as relatively separable or inseparable household production activities. The value of time was found to be an important determinant in the purchase of market commodities. The results have implications for family economists and for marketers of household services.
Показать больше [+] Меньше [-]Ключевые слова АГРОВОК
Библиографическая информация
Эту запись предоставил National Agricultural Library