Estimating the Parameters of a Household Production Function with Joint Products
通过估计家庭生产函数的参数,提供了家庭生产价值的新微观经济估计,并考察了家庭生产时间与休闲的联合程度,发现两者存在显著联合性,且妻子比丈夫更明显。
By estimating the parameters of a production function whose inputs consist of family time and market goods, the authors offer some new microeconomic estimates of the value of production that takes place in the home and also examine the concept of joint production-that is, the degree to which time devoted to home production simultaneously serves as leisure. They find evidence of substantial jointness between home production time and leisure, the degree of which is greater for wives than for husbands; and that both husband and wife possess human capital skills more productive in market work than in home work.