Household Production and Consumption of News-Information Services: An Empirical Study

Robert B. Ekelund () and John Watson
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John Watson: University of Southwestern Louisiana

Eastern Economic Journal, 1994, vol. 20, issue 1, pages 11-19

Abstract: A dramatic decline in newspaper consumption has been observed in recent years. This paper offers a theoretical justification for this phenomenon based on the opportunity cost of household time. A rising labor force participation rate, which proxies the opportunity cost of household production, helps explain the observed decline in newspaper consumption in a simple empirical test.

Keywords: Household Production; Households; News; Newspapers; Service; Services (search for similar items in EconPapers)
JEL-codes: D13 L82 (search for similar items in EconPapers)
Date: 1994
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Persistent link: http://EconPapers.repec.org/RePEc:eej:eeconj:v:20:y:1994:i:1:p:11-19

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