Modeling the Household Economy

Ironmonger, Duncan

doi:10.1108/s0573-8555(1995)0000226025

Cited by 7 publications

(5 citation statements)

References 11 publications

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“…Ironmonger (2000) penned down an article at the beginning of the new millennium which acknowledged household production and household economy as an alternative economy to the traditional marketplaces. In many nations, the household economy employs relatively more labor, and no less than 30 percent of the capital is used in the open markets (Ironmonger, 2000). The unofficial household economy has frequently been referred to as “an alternative to capitalism” (e.g., De Vries, 2008; Pahl, 1985).…”

Section: Review Of Literaturementioning

confidence: 99%

“…Pietilä (1997, p. 113) endeavored to theorize an alternative economic structure that may "provide the preconditions for a respectable quality of life for all individuals, with proper respect to the ecological boundaries of the biosphere." Ironmonger (2000) penned down an article at the beginning of the new millennium which acknowledged household production and household economy as an alternative economy to the traditional marketplaces. In many nations, the household economy employs relatively more labor, and no less than 30 percent of the capital is used in the open markets (Ironmonger, 2000).…”

Section: Etymological Approachmentioning

confidence: 99%

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Conceptual Expansion and Approaches to the Concept of Alternative Economy

Sarkar

Kundu

2020

Global Journal of Emerging Market Economies

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Researchers have emphasized upon the significance of alternative economy. Inferences from past studies, and the suggestions on the characteristics of alternative economic networks, are manifested in studies concerning multiple disciplines. The present study explores the definitional aspects and the facets of alternative economic networks. The analysis of a wide range of literature, sampled in the present study, employed a disciplined literature discovery process with Max Qualitative Data Analysis software to produce a tabulation of characteristics of “alternative economy”/“community economy”/“social economy.” Furthermore, these characteristics were studied through a statistical content analysis of relevant literature, and an importance-based classification of the characteristics was developed. Principal components analysis was used to distinguish thematic clusters within extant literature. These principal components were used to construct a definition of alternative economy. The present study subsequently analyzed the temporal evolution of the possible characteristics of alternative economy as proposed by scholars. The facets of alternative economy, thus identified, may be utilized for supplementary empirical studies in the context of alternative economic networks.

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Section: Review Of Literaturementioning

confidence: 99%

Section: Etymological Approachmentioning

confidence: 99%

Conceptual Expansion and Approaches to the Concept of Alternative Economy

Sarkar

Kundu

2020

Global Journal of Emerging Market Economies

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“…Households, like firms, are economic agents in which members of the household carry out the production of goods and services (Becker, 1981;Ironmonger, 2000;Pollak, 2003). Goods and services produced by households include accommodations, meals, childcare, etc.…”

Section: Households As Productive Unitsmentioning

confidence: 99%

A Top-Down Economic Efficiency Analysis of U.S. HouseholdEnergy Consumption

Burnett¹,

Madariaga²

2018

The Energy Journal

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Energy efficiency and related demand management policies help mitigate the impacts of climate change by reducing the use of fossil fuels and reducing the energy sector's vulnerabilities to climate change impacts. Over the past forty years, federal and state-level energy efficiency policies (or standards) have been applied to household appliances, the corporate average fuel economy, electric demand-side management programs, weatherization assistance, and building codes. The U.S. residential housing sector accounts for approximately 21% of total primary energy consumption and 20% of domestic carbon dioxide emissions. Building construction codes and standards regulate the energy efficiency of newly constructed homes or commercial buildings and the energy efficiency requirements specific to renovations, major refurbishments, and the enlargement of buildings. Such codes generally provide minimum building requirements for heating and cooling systems and for any construction or renovations to the housing envelope that leads to energy savings.

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“…Many scholars, starting with the pioneering work of Margaret Reid (1934), have attempted to estimate the monetary value of home production, with the aim of evaluating unpaid domestic and care work and integrating them in the System of National Accounts with the so called Satellite Accounts. These methods have been based on the experiences of individual researchers, as Gronau (1973), Nordhaus and Tobin (1973), Kendrick (1972Kendrick ( , 1979, Eisner et al (1982), Ironmonger (1994Ironmonger ( , 1996Ironmonger ( , 1997 Goldschmidt-Clermont and Pagnossin-Aligisakis (1999) and by initiatives of several international institutions 1 . As a result, in the national economic accounts, the economic activities are now categorized as (i) System of National Accounts (SNA) production activities; (ii) non-SNA production activities (food preparation, childcare, adult care, making and care of textiles, upkeep of dwelling and surroundings, repairs and maintenance of dwelling and of household equipment, household management and shopping, gardening and pet care) and unpaid work for the community;(iii) non-economic activities, sometimes called personal activities (physiological and recreational activities and self-education).…”

Section: The Literaturementioning

confidence: 99%

GDP and the Value of Family Caretaking: How Much Does Europe Care?

2010

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GDP and the Value of Family Caretaking:How Much Does Europe Care?This study estimates the size and value of unpaid family caretaking activities at a European level. While at a country level several studies are available, a comprehensive evaluation for Europe as a whole was missing so far, mainly due to data limitations. This paper fills this gap using a method that merges the information of an EU household survey (EU-SILC) with a time use survey (HETUS). Monetary values of unpaid family domestic work and unpaid family childcare work are obtained applying both the opportunity cost and the market replacement approaches. For Europe as a whole, the total value of these activities ranges between 20.1 per cent and 36.8 per cent of the EU GDP, depending on the applied methodology. The national values of these activities are discussed and an interpretation of the country differentials in the family caretaking gender gaps is given in terms of differences in culture, economic development and welfare state.

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Modeling the Household Economy

Cited by 7 publications

References 11 publications

Conceptual Expansion and Approaches to the Concept of Alternative Economy

Conceptual Expansion and Approaches to the Concept of Alternative Economy

A Top-Down Economic Efficiency Analysis of U.S. HouseholdEnergy Consumption

GDP and the Value of Family Caretaking: How Much Does Europe Care?

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