MEASUREMENT OF HOUSEHOLD TIME VALUE. AND ITS IMPACT ON THE DEMAND FOR BEEF AWAY-FROM-HOME
McCracken, Vicki A.
1987

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Abstract

Demand equations derived from household production theory stress the importance of time in household decisions.· Value of time was quantified using a method that corrects for selection bias. This study concludes that household time value, income, size and composition, and other environmental variables significantly influence beef consumption away-from-home.

Details

Title MEASUREMENT OF HOUSEHOLD TIME VALUE. AND ITS IMPACT ON THE DEMAND FOR BEEF AWAY-FROM-HOME
Author(s) McCracken, Vicki A.
Subject(s)
Issue Date Aug 02 1987
Publication Type Conference Paper/ Presentation
DOI and Other Identifiers 10.22004/ag.econ.269991
Record Identifier https://ageconsearch.umn.edu/record/269991
Language English
Total Pages 16
Record Appears in Agricultural and Applied Economics Association (AAEA) > Agricultural and Applied Economics Association (AAEA) Conferences > 1987 Annual Meeting, August 2-5, East Lansing, Michigan

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