HOUSEHOLD PRODUCTION AND CONSUMER DEMAND FUNCTIONS.
This paper considers the hypothesis that commodities purchased on the market by consumers are inputs into the production of goods within the household. Its implications for the family of consumer demand functions whose arguments are real income and relative prices are drawn and compared with those o...
| Published in: | Econometrica Vol. 34; no. 3; pp. 699 - 709 |
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| Format: | Article |
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Wiley-Blackwell
Jul66
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| Online Access: | View this record in EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=hlh&AN=6859585&site=ehost-live header: @attributes: shortDbName: hlh uiTerm: 6859585 longDbName: Humanities International Complete uiTag: AN controlInfo: bkinfo: jinfo: jid: 00129682 ECN jtl: Econometrica issn: 00129682 maglogo: Y pubinfo: dt: Jul66 vid: 34 iid: 3 pid: 480 pub: Wiley-Blackwell artinfo: ui: 6859585 10.2307/1909778 ppf: 699 ppct: 10 formats: tig: atl: HOUSEHOLD PRODUCTION AND CONSUMER DEMAND FUNCTIONS. aug: au: Muth, Richard F. affil: The University of Chicago and Institute for Defense Analyses su: Demand function Consumption (Economics) Economic demand Production (Economic theory) Consumer goods Consumers Households Mathematical models of economics Mathematical functions sug: subj: Demand function Consumption (Economics) Economic demand Production (Economic theory) Consumer goods Consumers Households Mathematical models of economics Mathematical functions ab: This paper considers the hypothesis that commodities purchased on the market by consumers are inputs into the production of goods within the household. Its implications for the family of consumer demand functions whose arguments are real income and relative prices are drawn and compared with those of the hypothesis of additive separability. The paper closes with some examples of differences in commodity demand elasticities which are qualitatively consistent with the household production hypothesis and some comments upon how the latter might be utilized in empirical work. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: Y dt: @attributes: year: 1966 holdings: @attributes: islocal: N |
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