Unobserved Inputs in Household Production

S-Tier
Journal: Journal of Political Economy
Year: 2024
Volume: 132
Issue: 6
Pages: 1876 - 1896

Authors (2)

Sergey Mityakov (not in RePEc) Thomas A. Mroz (Georgia State University)

Score contribution per author:

4.022 = (α=2.01 / 2 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Most household production studies ignore unobserved inputs. Without additional assumptions, however, estimated impacts of the observed inputs cannot provide informative estimates of marginal products because of contaminating variations in unobserved inputs. Not even the signs of marginal impacts can be ascertained. One can establish the direction of these biases and significantly reduce them by including detailed information about nonproductive (pure consumption) goods in the analysis. Estimates from prior demand studies can also help determine the direction of the bias. We describe the stringent assumptions one must invoke in the absence of such additional information to be able to relate estimated effects to the true marginal products.

Technical Details

RePEc Handle
repec:ucp:jpolec:doi:10.1086/728106
Journal Field
General
Author Count
2
Added to Database
2026-01-26