Household Production and Consumption of News-Information Services: An Empirical Study

Autor: Robert B. Ekelund, Jr., John Keith Watson
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