• Title/Summary/Keyword: satellite accounts of household production

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Discussions and Suggestions for Developing a Satellite Account of Household Production in Terms of Concepts and Methods (가정생산 위성계정 개발을 위한 개념, 방법론적 논의 및 제언)

  • Huh, Kyung-Ok
    • Journal of the Korean Home Economics Association
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    • v.41 no.10 s.188
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    • pp.31-44
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    • 2003
  • Household work is a productive activity, but it was not included in the System of National Accounts(SNA). Feminists and household economists complained this drawbacks of the SNA frequently. Finally, a Satellite Account for household production was allowed in the 1993 SNA. Korean government aimed to develop a Satellite Account for Korean household production. However, the development process u3s not efficiently peformed because of the lack of interests, relevant research, and appropriate dat3 at the national level in Korea. Therefore, this study aimed at examining to develop the Satellite Account for Korean household production in terms of its concept, method, data collection, and research topics. Several issues were discussed including methodology to value household production economically, appropriate ways for data collection, and future research directions in the topics of a Satellite Account.

Values of Household Production in Korea Compared to U.S., Australia, Finland, and Canada: An Analysis from a Cross-National Comparative Perspective

  • Huh Kyungok;Yuh Yoonkyung
    • International Journal of Human Ecology
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    • v.6 no.1
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    • pp.61-74
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    • 2005
  • This paper utilized a Korean time-use survey and household expenditure survey in designing an input-output table to develop satellite accounts of household production in Korea in 1999. Additionally, the household production in Korea was compared with that in the United States, Australia, Finland, and Canada. Results of this study may be summarized as follows. First, household production in Korea represented $43\%$ of Gross Domestic Product (GDP,) compared to $63\%$ of GDP in the United States, $68\%$ in Australia, $58\%$ in Finland, and $54\%$ in Canada. Second, labor emerged as the largest input for household production in Korea, while materials and services - both intermediate goods - emerged as the second input. On the other hand, the proportion of housing among the four inputs of household production in Korea was greater than for either the United States or the other countries studied. This implies that the cost of intermediate goods and housing in Korea is more expensive than in other countries.

Development of household production satellite and application based on the establishment of concept and standardized measurement for household production (가정생산 위성계정의 개발 및 적용: 새로운 개념 정립과 표준화된 측정방법을 중심으로)

  • Park, Hyun-Jung;Hong, Hyunjeong;Huh, Kyungok
    • Journal of Family Resource Management and Policy Review
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    • v.17 no.2
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    • pp.55-74
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    • 2013
  • This research developed standardized satellite accounts for household production to measure the entire production in Korea using representative Korean data. This study utilized standardized methods for measuring the expenditure and consumption of expendable supplies as an element of intermediate goods in household production. The results of this research can be summarized as follows. First, the total value of household production in Korea in 2009 turned was 268 trillion won, which would be 10.16% of the GDP, based on using the method of replacement by specialty for estimating the value of housework, while it was 356 trillion won, which would be 13.5% of the GDP (2,636 trillion won), based on the method of opportunity cost. Second, the economic value of labor invested in household production was 220 trillion won when using the data from 12 main corresponding wages in the market, while it was 203 trillion won when using the method of total replacement, which used the wages of housekeepers, and 290 trillion won when using the method of opportunity cost in measuring the value of housework labor. Third, in estimating the proportion by section in terms of the total value of household production, the portion of labor in household production was measured from 76% to 82%, depending on the methods used, which is the most significant section. These results indicate that housework has the characteristics of labor-centered work. On the other hand, the value of expenditure on and consumption of expendable supplies, as one element of intermediate goods, is 63 trillion won, which is 17.7% (using the method of opportunity cost in measuring the labor of housework) of household production. Also, the value of capital goods, as the other element of intermediate goods is 2.3 trillion won, which is 0.9% (using the method of opportunity cost) of household production. In conclusion, as an element of household production, housework labor was higher in household production than expenditures on expendables, especially for cooking, cleaning, and caring for children. In the future, people should be cautious about estimating that the amount of household work could be reduced, as women's labor in the market and the household work produced by the market will increase.

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