La produzione domestica: il valore aggiunto generato dalle famiglie
No 155, Working Papers from University of Rome La Sapienza, Department of Public Economics
The role of households in the non market production and the importance of the household production has come topical in the last few years as a result of studies on the measurement of economic well-being of society. Non-market household production covers the goods and services household members produce for their own consumption by combining their unpaid labour and goods and services they acquire on the market. The value added generated by these activities is excluded from conventional macro-economic aggregates. Then there is a need to promote the construction of a satellite account of household production by extending the analysis to non market household activities made. The sorts of variations in the basic concepts regards a different production boundary, an enlarged concept of consumption or capital formation, an extension of the scope of assets, and so on. Using those alternative concepts may give rise to partial complementary aggregates, the purpose of which is to supplement the central system. This paper presents a satellite account of the informal household production for Italy in 2002 and it try to highlight the relevant results that can be drown for policy use.
Keywords: household satellite account; National Accounts; unpaid domestic work (search for similar items in EconPapers)
JEL-codes: C13 C18 D13 E01 E21 J22 (search for similar items in EconPapers)
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