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https://doi.org/10.1093/oxford...
Part of book or chapter of book . 2011 . Peer-reviewed
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Household Production Theory and Models

Authors: Huffman, Wallace;

Household Production Theory and Models

Abstract

This article presents a brief review of empirical studies of food demand, especially linkages to household production theory and models. It discusses several types of microeconomic models of household decision-making and highlights their implications for empirical food demand studies. Relative to neoclassical demand functions, the models of productive household behavior that are developed in this article include the opportunity cost of time of adults, full-income budget constraint, and technical efficiency or technical change in household production as determinants of the demand for food and other inputs. The article also gives an empirical application of insights gained from household production theory for a household input demand system fitted to unique data on the US household sector over the post-Second World War period. Finally, it addresses how future food demand studies might build a stronger bridge to the models of household behavior including a production function and resource of human time of adult household members.

Related Organizations
Keywords

Behavioral Economics, Economic History, demand system, 330, Economics, time allocation, households, decision-making, household production, microeconomic models, input demand system, Agricultural and Resource Economics, food demand, production, Econometrics, models of behavior, production; Households; models of behavior; input demand system; time allocation, Economic Theory

  • BIP!
    Impact byBIP!
    citations
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    7
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Top 10%
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Average
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Found an issue? Give us feedback
citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
7
Top 10%
Average
Average