期刊名称:Documents de Travail du Centre d'Economie de la Sorbonne
印刷版ISSN:1955-611X
出版年度:2017
出版社:Centre d'Economie de la Sorbonne
摘要:We introduce the demand elasticity of available working time into themodel of domestic production in order to show that the limits on discretionarytimes use may alter the estimates of time use elasticity of substitutiongood. Our elasticity estimation result for food is 0.50 in Turkey for2007, which ranges from 0.22 to 0.56 in the literature. However, the elasticityof substitution for food rises up to 0.92 when one considers workingtime available with all consumption groups, suggesting that householdsmay overcome time scarcity and increase working time by reducing timespent in the leisure, transportation, other, and personal care and healthcategories. This process, in turn, yields good intensive consumption inTurkey. We obtain more robust estimation results by using the opportunitycost of time measurement proposed by Gardes (2016) for Turkishhouseholds in 2007. In this work, the Time Use Survey for 2006 is matchedwith the 2007 Household Budget Survey by using the method proposed byRubin (1986). The advantage of this matching method is that the partialcorrelation between interested variables given in time use and budget surveysare other than zero, eliminating the uncertainty in fabricated data.
关键词:Household production; Time use elasticity of substitution; Rubins’;matching statistics; Working Time Available