IDEAS home Printed from https://ideas.repec.org/a/bla/revinw/v25y1979i1p31-39.html
   My bibliography  Save this article

Do‐It‐Yourself And Gdp

Author

Listed:
  • T. P. Hill

Abstract

Do‐it‐yourself activities are, by definition, those for which a choice must exist between doing it oneself or hiring someone else. This means they typically involve the own account production of services, but whereas it is customary to include most goods produced on own account in GDP services are conventionally excluded. In principle, however, it is possible to envisage a comprehensive and unique measure of the total final output of all the goods and services produced within an economy whether for sale or own use. Such a measure would be better than GDP as an indicator of long term changes in economic welfare, being independent of any shifts in the ratio of market to non‐market production. Moreover, it would be a homogeneous measure with clearly defined limits in contrast to improvised indices of welfare which mix economic and non‐economic variables in arbitrary and subjective ways. However, the need for a measure of market output, or something very close to it such as GDP, is still as strong as ever as soon as attention is switched from measurement of long term growth to problems associated with market disequilibria, such as unemployment and inflation.

Suggested Citation

  • T. P. Hill, 1979. "Do‐It‐Yourself And Gdp," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 25(1), pages 31-39, March.
    • Handle: RePEc:bla:revinw:v:25:y:1979:i:1:p:31-39
    DOI: 10.1111/j.1475-4991.1979.tb00075.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1475-4991.1979.tb00075.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1475-4991.1979.tb00075.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yoshifusa Kitabatake, 1998. "Environmental resource accounting frameworks for the public domain and public trust managements," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 1(1), pages 69-93, June.
    2. Larrivee, John & Shaffer, Ron E., 2007. "Understanding the Local Unrecorded Economy: Informal Work and Home Production in Non-Metropolitan Wisconsin," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 37(2), pages 1-17.
    3. Ours, J.C., 1989. "Self-service activities and legal or illegal market services," Serie Research Memoranda 0002, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    4. Kar-Fai Gee, 2015. "Development of Estimates for Household Production of Non-Market Services in OECD Countries for the Index of Economic Well-Being," CSLS Research Reports 2015-09, Centre for the Study of Living Standards.
    5. Merz, Joachim & Wolff, Klaus, 1988. "Eigenarbeit, Nebenerwerb und Haupterwerb : Versorgungsstrategien privater Haushalte in der Bundesrepublik Deutschland," Mitteilungen aus der Arbeitsmarkt- und Berufsforschung, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 21(2), pages 206-221.
    6. France Caillavet, 1998. "La production domestique des femmes réduit l'inégalité des revenus familiaux," Économie et Statistique, Programme National Persée, vol. 311(1), pages 75-89.
    7. Merz, Joachim & Wolff, Klaus, 1988. "Eigenarbeit, Nebenerwerb und Haupterwerb : Versorgungsstrategien privater Haushalte in der Bundesrepublik Deutschland," Mitteilungen aus der Arbeitsmarkt- und Berufsforschung, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 21(2), pages 206-221.
    8. Yoshifusa Kitabatake, 1998. "Environmental resource accounting frameworks for the public domain and public trust managements," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 1(1), pages 69-93, June.
    9. Robert J. Hill, 2018. "Peter Hill (1929‐2017): In Memoriam," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 64(1), pages 239-242, March.
    10. Alain Degenne & Ghislaine Grimler & Marie-Odile Lebeaux & Yannick Lemel, 1998. "La production domestique atténue-t-elle la pauvreté ?," Économie et Statistique, Programme National Persée, vol. 308(1), pages 159-186.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:revinw:v:25:y:1979:i:1:p:31-39. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/iariwea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.