Supplementing Household Income through Self-Supply and Exchange: The Case of a Multiple-Exchange Fair in Mexico City, 2016
Oscar Campuzano, () and
Francisco Javier Ayvar ()
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Oscar Campuzano,: Universidad Michoacana de San Nicolas de Hidalgo (Mexico)
Francisco Javier Ayvar: Universidad Michoacana de San Nicolas de Hidalgo (Mexico)
PSL Quarterly Review, 2019, vol. 72, issue 291, 297-313
For approximately 40% of Mexican households, income alone is insufficient to meet basic expenses. As a result, some families fulfill their needs through self-supply, the practice of producing goods either for direct consumption or eventual exchange. This paper demonstrates the effects that the self-supply practice has on household savings. The authors find that the practice of multiple exchange, which includes a combination of exchange, production, and self-supply, is a key mechanism that enables Mexican households to better meet their needs. Data from a survey given to participants of a trade-and-exchange fair in Mexico City in 2016 was used; the participants? self-supply levels exceeded Mexico?s self-supply average, positively influencing their monetary savings.
Keywords: income; self-supply; exchange; savings (search for similar items in EconPapers)
JEL-codes: E2 P2 R2 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:psl:pslqrr:2019:44
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