Household production and the household economy
University of Melbourne Author/sIronmonger, Duncan
AffiliationEconomics and Commerce: Department of Economics
CitationsIronmonger, Duncan (2000) Household production and the household economy .
Access StatusOpen Access
A shorter version of this paper is to appear as an entry, titled "Household Production", in the International Encyclopedia of the Social & Behavioral Sciences, Elsevier Science (2001). ISBN 0734017006, Working paper 759.
Household production is the production of goods and services by the members of a household, for their own consumption, using their own capital and their own unpaid labor. Goods and services produced by households for their own use include accommodation, meals, clean clothes, and child care.The process of household production involves the transformation of purchased intermediate commodities (for example, supermarket groceries and power-utility electricity) into final consumption commodities (meals and clean clothes). Households use their own capital (kitchen equipment, tables and chairs, kitchen and dining room space) and their own labor (hours spent in shopping, cooking, laundry and ironing). The total economic value added by households in household production has been aptly named Gross Household Product (GHP) (Eisner, 1989; Ironmonger, 1996
Keywordshousehold production; Gross Household Product (GHP)
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