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HOUSEHOLDS' NON‐SNA PRODUCTION: LABOUR TIME, VALUE OF LABOUR AND OF PRODUCT, AND CONTRIBUTION TO EXTENDED PRIVATE CONSUMPTION
Author(s) -
GoldschmidtClermont Luisella,
PagnossinAligisakis Elisabetta
Publication year - 1999
Publication title -
review of income and wealth
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.024
H-Index - 57
eISSN - 1475-4991
pISSN - 0034-6586
DOI - 10.1111/j.1475-4991.1999.tb00363.x
Subject(s) - economics , consumption (sociology) , production (economics) , product (mathematics) , private consumption , labour economics , value (mathematics) , product market , macroeconomics , microeconomics , social science , geometry , mathematics , machine learning , sociology , computer science , incentive , fiscal policy
This paper first shows, with data from fourteen countries, the potential of time‐use studies for measuring, in comparable physical quantities, labour inputs in SNA and in non‐SNA production. It then presents the monetary valuations of unpaid household labour and of households' non‐market product achieved on the basis of time‐use data in a few of these countries. Further elaboration of these valuations illustrates the contribution of households' non‐SNA production to extended private consumption. The conclusion suggests desirable future developments.