GDP and the Value of Family Caretaking: How Much Does Europe Care?
Gianna Claudia Giannelli (),
Lucia Mangiavacchi () and
No 5046, IZA Discussion Papers from Institute of Labor Economics (IZA)
This study estimates the size and value of unpaid family caretaking activities at a European level. While at a country level several studies are available, a comprehensive evaluation for Europe as a whole was missing so far, mainly due to data limitations. This paper fills this gap using a method that merges the information of an EU household survey (EU-SILC) with a time use survey (HETUS). Monetary values of unpaid family domestic work and unpaid family childcare work are obtained applying both the opportunity cost and the market replacement approaches. For Europe as a whole, the total value of these activities ranges between 20.1 per cent and 36.8 per cent of the EU GDP, depending on the applied methodology. The national values of these activities are discussed and an interpretation of the country differentials in the family caretaking gender gaps is given in terms of differences in culture, economic development and welfare state.
Keywords: family care work; gender inequality; unpaid domestic work; market replacement approach; opportunity cost (search for similar items in EconPapers)
JEL-codes: D19 J16 R20 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eur and nep-hap
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Published in: Applied Economics, 2012, 44 (16), 2111-2131
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Journal Article: GDP and the value of family caretaking: how much does Europe care? (2012)
Working Paper: GDP and the Value of Family Caretaking: How Much Does Europe Care? (2011)
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