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The Relevance of the Household Production Function and Its Implications for the Allocation of Time
Abstract
This paper provides a critique of the household production function approach and its application to the allocation of time. It is argued that many applications of the model, especially those making use of implicit "commodity prices," require that the household's technology exhibit constant returns and no joint production; otherwise, implicit commodity prices depend on the household's preferences as well as on its technology and the prices of market goods. Furthermore, joint production is pervasive in situations involving the allocation of time. In situations where household production theory does not provide a satisfactory framework for analysis, the paper suggests alternative approaches.
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Citations
Cited by
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Easterlin, R. A. (1981) · The Journal of Economic History · doi:10.1017/s0022050700042674 · Cited by 624
Introducing Household Production in Collective Models of Labor Supply
Chiappori, P.-A. (1997) · Journal of Political Economy · doi:10.1086/262071 · Cited by 401
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Sidique, S. F., Joshi, S. V., & Lupi, F. (2010) · Resources, Conservation and Recycling · doi:10.1016/j.resconrec.2009.08.006 · Cited by 314
Metadata
- Authors
- Pollak, R. A., & Wachter, M. L.
- Venue
- Journal of Political Economy
- Publisher
- University of Chicago Press
- Published
- 1975-04
- Volume
- 83
- Issue
- 2
- Pages
- 255-278
- ISSN
- 0022-3808 (ISSN-L)
- 1537-534X
- OpenAlex
- W2094951588
- Cited by
- 526
- References
- 0
- FWCI
- 24.40
- Type
- journal article
- Language
- en
- Open access
- closed
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- CoChat. (2026). Citation check: The Relevance of the Household Production Function and Its Implications for the Allocation of Time. https://app.cochat.ai/papers/10.1086/260322
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- Pollak, R. A., & Wachter, M. L. (1975). The Relevance of the Household Production Function and Its Implications for the Allocation of Time. Journal of Political Economy. https://doi.org/10.1086/260322
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
