Direct Estimates of Food and Eating Production Function Parameters for 2004–12 Using an ATUS/CE Synthetic Dataset

Tamar Khitarishvili, Fernando Rios-Avila () and Kijong Kim ()

Economics Working Paper Archive from Levy Economics Institute

Abstract: This paper evaluates the presence of heterogeneity, by household type, in the elasticity of substitution between food expenditures and time and in the goods intensity parameter in the household food and eating production functions. We use a synthetic dataset constructed by statistically matching the American Time Use Survey and the Consumer Expenditure Survey. We establish the presence of heterogeneity in the elasticity of substitution and in the intensity parameter. We find that the elasticity of substitution is low for all household types.

Keywords: Consumption Expenditures; Elasticity of Substitution; Food Production; Household Production; Statistical Matching; Time Use (search for similar items in EconPapers)
JEL-codes: C14 D13 J22 (search for similar items in EconPapers)
Date: 2015-04
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