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  • 标题:Exploring the returns to scale in food preparation (baking penny buns at home)
  • 本地全文:下载
  • 作者:Thomas F Crossley ; Yuqian Lu
  • 期刊名称:IFS Working Papers / Institute for Fiscal Studies London
  • 电子版ISSN:1742-0415
  • 出版年度:2005
  • 卷号:2005
  • 期号:1
  • 出版社:Institute for Fiscal Studies London
  • 摘要:We show that as household size increases, households substitute away from prepared foods and towards ingredients. They also devote more time to food preparation. These observations (1) are consistent with a simple model with home production, returns to scale in the time input to food preparation, and varieties of food that differ in the required time input; (2) support the idea that returns to scale in home production are an important source of returns to scale in consumption; and (3), mean that across household sizes, household market expenditures on food are not proportional to food consumption quantities. The latter may provide a partial explanation for a puzzle raised by Deaton and Paxson.
  • 关键词:Household returns to scale, home production, food preparation
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