Estimating time demand elasticities under rationing
A multivariate extension of the standard labour suppy model is presented. In the multivariate time allocation model leisure is disaggregated into a number of non market activities including sports, volunteer work and home production. Using data from the 2000 UK Time Use Survey, a linear expenditure...
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| Format: | Working paper |
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University of Oxford
2004
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| _version_ | 1826298997935964160 |
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| author | Prowse, V |
| author_facet | Prowse, V |
| author_sort | Prowse, V |
| collection | OXFORD |
| description | A multivariate extension of the standard labour suppy model is presented. In the multivariate time allocation model leisure is disaggregated into a number of non market activities including sports, volunteer work and home production. Using data from the 2000 UK Time Use Survey, a linear expenditure system is estimated, allowing corner solutions in the time allocated to market work and non market activities. The effects of children, age, gender and education are largely as expected. The unusually high wage elasticities are attributed to a combination of the functional form of the linear expenditure and the treatment of the zero observations. |
| first_indexed | 2024-03-07T04:55:13Z |
| format | Working paper |
| id | oxford-uuid:d65dbb45-962d-4ed8-a99f-6c79283a4142 |
| institution | University of Oxford |
| last_indexed | 2024-03-07T04:55:13Z |
| publishDate | 2004 |
| publisher | University of Oxford |
| record_format | dspace |
| spelling | oxford-uuid:d65dbb45-962d-4ed8-a99f-6c79283a41422022-03-27T08:32:57ZEstimating time demand elasticities under rationingWorking paperhttp://purl.org/coar/resource_type/c_8042uuid:d65dbb45-962d-4ed8-a99f-6c79283a4142Bulk import via SwordSymplectic ElementsUniversity of Oxford2004Prowse, VA multivariate extension of the standard labour suppy model is presented. In the multivariate time allocation model leisure is disaggregated into a number of non market activities including sports, volunteer work and home production. Using data from the 2000 UK Time Use Survey, a linear expenditure system is estimated, allowing corner solutions in the time allocated to market work and non market activities. The effects of children, age, gender and education are largely as expected. The unusually high wage elasticities are attributed to a combination of the functional form of the linear expenditure and the treatment of the zero observations. |
| spellingShingle | Prowse, V Estimating time demand elasticities under rationing |
| title | Estimating time demand elasticities under rationing |
| title_full | Estimating time demand elasticities under rationing |
| title_fullStr | Estimating time demand elasticities under rationing |
| title_full_unstemmed | Estimating time demand elasticities under rationing |
| title_short | Estimating time demand elasticities under rationing |
| title_sort | estimating time demand elasticities under rationing |
| work_keys_str_mv | AT prowsev estimatingtimedemandelasticitiesunderrationing |