EconPapers    
Economics at your fingertips  
 

Structural Transformation, Marketization, and Household Production around the World

Benjamin Bridgman (), Georg Duernecker () and Berthold Herrendorf ()

No 5552, CESifo Working Paper Series from CESifo

Abstract: We provide evidence on household and market production in 36 countries since 1960. On average the household sector accounts for almost half of total hours worked. As GDP per capita increases, the employment share of household production in total hours worked initially declines and then hardly changes while the employment shares of market goods and services decrease and increase. Estimating the value added of household production yields similar patterns. Labor productivity of household production is lower than and positively correlated with that in the market. These findings can be used as an input into quantitative work involving household production.

Keywords: household production; marketization; structural transformation (search for similar items in EconPapers)
JEL-codes: O30 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16) Track citations by RSS feed

Downloads: (external link)
https://www.cesifo.org/DocDL/cesifo1_wp5552.pdf (application/pdf)

Related works:
Journal Article: Structural transformation, marketization, and household production around the world (2018) Downloads
Working Paper: Structural transformation, marketization, and household production around the world (2018)
Working Paper: Structural Transformation, Marketization, and Household Production around the World (2017) Downloads
Working Paper: Structural Transformation, Marketization, and Household Production around the World (2015) Downloads
Working Paper: Structural transformation, marketization, and household production around the world (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:ces:ceswps:_5552

Access Statistics for this paper

More papers in CESifo Working Paper Series from CESifo Contact information at EDIRC.
Bibliographic data for series maintained by Klaus Wohlrabe ().

 
Page updated 2021-01-17
Handle: RePEc:ces:ceswps:_5552