Contemporary Chinese Households' Food Away From Home Expenditure and Becker's Household Production Theory

  • Kim Eon-Jin (Dept. of Consumer Sciences, Ohio State University) ;
  • Chern Wen S. (Dept. of Agricultural, Environmental, and Development Economics, Ohio State University)
  • Published : 2005.06.01

Abstract

This study examines factors determining contemporary Chinese households' food away from home (FAFH) expenditures using Becker's household production theory. Data came from the 2000 urban household survey in Guangdong Province, collected by National Bureau of Statistics (NBS) of China. It was revealed that the contemporary urban Chinese wives also substitute their household work by time-saving product, FAFH, as Becker's household production theory postulated. This suggests the important role of time-value (opportunity cost) in determining household FAFH expenditure across the cultures.

Keywords

References

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