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AN ECONOMETRIC MODEL OF THE DEMAND FOR CHILD CARE
Author(s) -
ROBINS PHILIP K.,
SPIEGELMAN ROBERT G.
Publication year - 1978
Publication title -
economic inquiry
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.823
H-Index - 72
eISSN - 1465-7295
pISSN - 0095-2583
DOI - 10.1111/j.1465-7295.1978.tb00494.x
Subject(s) - multinomial logistic regression , economics , child care , econometric model , econometric analysis , discrete choice , demand management , econometrics , microeconomics , macroeconomics , medicine , statistics , mathematics , pediatrics
Child care denotes any arrangement used by a working parent for care of a child, including self‐care. This paper is concerned with the factors that influence the demand for market modes of child care by two parent families with working mothers. An econometric model is specified that relates the demand for child care to price, income, and other economic variables. Because of the discrete nature of the child care decision, the multinomial logit probability model is used to analyze the data. The empirical results suggest that the demand for child care is sensitive to both prices and income.