EconPapers    
Economics at your fingertips  
 

The decline in average family size and its implications for the average benefits of within‐household sharing

Carsten Schröder (), Katrin Rehdanz, Daiju Narita and Toshihiro Okubo ()

EconStor Open Access Articles, 2015, 760-780

Abstract: Economic policies rely on demographic projections. Yet in making these projections, researchers often ignore the aspect of household formation—despite sustained trends in many industrialized countries towards smaller household units with fewer members. Over the long term, this trend is likely to reduce the benefits of sharing goods/services within households (household economies of scale) at the micro-level, thereby increasing household-sector demand at the macro level. We propose a framework to (a) quantify the level of household economies of scale for different household types and (b) assess how the decline in average household size impacts aggregate household-sector demand. We apply the framework to energy consumption in Japan. The application indicates that household economies of scale in energy use are substantial and that the 5% decline in average household size in Japan between 2005 and 2010 led to an economy-wide loss in household economies of scale amounting to almost 4%.

JEL-codes: D11 J10 Q42 D12 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11) Track citations by RSS feed

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/162275/1/S ... e-Average-Family.pdf (application/pdf)

Related works:
Journal Article: The decline in average family size and its implications for the average benefits of within "household sharing" (2015) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zbw:espost:162275

Access Statistics for this article

More articles in EconStor Open Access Articles from ZBW - Leibniz Information Centre for Economics Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().

 
Page updated 2019-12-06
Handle: RePEc:zbw:espost:162275