Household Production and Consumption of News-Information Services: An Empirical Study
Autor: | Robert B. Ekelund, Jr., John Keith Watson |
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Rok vydání: | 1994 |
Předmět: | |
Zdroj: | Eastern Economic Journal. 20:11-19 |
Popis: | A dramatic decline in newspaper consumption has been observed in recent years. This paper offers a theoretical justification for this phenomenon based on the opportunity cost of household time. A rising labor force participation rate, which proxies the opportunity cost of household production, helps explain the observed decline in newspaper consumption in a simple empirical test. |
Databáze: | OpenAIRE |
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