The effect of the value of time on food consumption patterns in developing countries: Evidence from sri lanka

B. E. Senauer, David Sahn, Harold Alderman

Research output: Contribution to journalArticle

45 Scopus citations

Abstract

This study shows that the opportunity cost of women's time can affect household food consumption patterns in developing countries. Demand equations for rice, bread, and the ratio of bread to total cereal consumption are estimated for urban Sri Lankan households. The demand specification, which is based on the New Household Economics, includes as explanatory variables the woman's estimated market wage and the household's "full income," and alternatively "observed income. Wages are estimated using the Heckman procedure to correct for sample selection bias.

Original languageEnglish (US)
Pages (from-to)920-927
Number of pages8
JournalAmerican Journal of Agricultural Economics
Volume68
Issue number4
DOIs
StatePublished - Nov 1986

Keywords

  • Food demand
  • New household economics
  • Sri lanka
  • Value of time
  • Wheat consumption

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