Estimates of the Value of Household Work Canada, 1961 and 1971
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- preprint Published in RePEc
Abstract
This paper presents estimates of the imputed dollar value of household work (HW) for Canada in 1961 and 1971, finding this to be about $16 and $38 billion respectively, equal to 40% of GNP. No clear evidence of a downward trend for HW/GNP is found, contrary to U.S. results. Adding HW to GNP as a welfare estimate does not affect the general pattern of past growth estimates. A cost-by-function method of estimating HW is superior but the opportunity cost method gives a good approximation. Disaggregation matters if region or family type is considered. Sensitivity of HW to accuracy is large only for female wages, in particular for the function "cooking".Keywords
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