Household production theory and models

Wallace Huffman

ISU General Staff Papers from Iowa State University, Department of Economics

Abstract: The chapter focuses on household production theory and models for non-agricultural households, largely in developed countries. The objectives of the paper are: (1) to present several types of microeconomic models of household decision making and highlight their implications for empirical food demand studies and (2) to presents an empirical application of insights gained from household production theory for a household input demand system fitted to unique data on the US household sector over the post-World War II period, 1948-1996. Regarding future research, suggestions are presented as to how food demand studies might build a stronger bridge to new models of household behavior, including a household production function and allocation of the household's time and full-income constraints.

Date: 2010-06-22
References: Add references at CitEc
Citations:

Downloads: (external link)
https://dr.lib.iastate.edu/server/api/core/bitstre ... 79728fc775df/content
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
Working Paper: Household Production Theory and Models (2011)
Working Paper: Household Production Theory and Models (2010)
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:isu:genstf:201006220700001127

Access Statistics for this paper

More papers in ISU General Staff Papers from Iowa State University, Department of Economics Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070. Contact information at EDIRC.
Bibliographic data for series maintained by Curtis Balmer ().