Time Use Elasticity of Substitution Estimates Conditional on Working Time Available

Armagan Tuna Aktuna-Gunes () and Okay Gunes ()
Additional contact information
Armagan Tuna Aktuna-Gunes: Centre d'Economie de la Sorbonne - Paris School of Economics, https://centredeconomiesorbonne.univ-paris1.fr
Okay Gunes: Centre d'Economie de la Sorbonne, https://centredeconomiesorbonne.univ-paris1.fr

Documents de travail du Centre d'Economie de la Sorbonne from Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne

Abstract: We introduce the demand elasticity of available working time into the model of domestic production in order to show that the limits on discretionary times use may alter the estimates of time use elasticity of substitution good. Our elasticity estimation result for food is 0.50 in Turkey for 2007, which ranges from 0.22 to 0.56 in the literature. However, the elasticity of substitution for food rises up to 0.92 when one considers working time available with all consumption groups, suggesting that households may overcome time scarcity and increase working time by reducing time spent in the leisure, transportation, other and personal care and health categories. This process, in turn, yields good intensive consumption in Turkey. We obtain more robust estimation results by using the opportunity cost of time measurement proposed by Gardes (2016) for Turkish households in 2007. In this work, the Time Use Survey for 2006 is matched with the 2007 Household Budget Survey

Keywords: Household production; Time use elasticity of substitution; Rubins' matching statistics; Working Time Available (search for similar items in EconPapers)
JEL-codes: C53 D12 D13 J22 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2017-02
New Economics Papers: this item is included in nep-agr and nep-ara
References: Add references at CitEc
Citations:

Downloads: (external link)
ftp://mse.univ-paris1.fr/pub/mse/CES2017/17016.pdf (application/pdf)

Related works:
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:mse:cesdoc:17016

Access Statistics for this paper

More papers in Documents de travail du Centre d'Economie de la Sorbonne from Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne Contact information at EDIRC.
Bibliographic data for series maintained by Lucie Label ().