Full Citation

Title: Leisure time and the sectoral composition of employment

Citation Type: Journal Article

Publication Year: 2020

ISBN:

ISSN: 10942025

DOI: 10.1016/j.red.2020.04.004

NSFID:

PMCID:

PMID:

Abstract: We observe the following patterns in the US economy during the period 1965-2015: (i) the rise of the service sector, (ii) the increase in leisure time, and (iii) the increase in recreational services. To show the last pattern, we measure the fraction of the value added of the service sector explained by the consumption of recreational services and we show that it increases during this period. We explain these three patterns of structural change in a multisector growth model in which leisure time increases with income. As a consequence, the consumption of recreational services increases since they are consumed during leisure time. We show that the introduction of recreational services contributes to explain the rise of the service sector, inequality in leisure, and employment differences across countries caused by differences in income taxes.

Url: https://www.sciencedirect.com/science/article/pii/S1094202520300284

User Submitted?: No

Authors: Cruz, Edgar; Raurich, Xavier

Periodical (Full): Review of Economic Dynamics

Issue:

Volume: 38

Pages: 198-219

Data Collections: IPUMS Time Use - MTUS

Topics: Other, Work, Family, and Time

Countries: