Arbeitspapier

The decline of home cooked food

The share of home-cooked food in the diet of UK households declined from the 1980s. This was contemporaneous with a decline in the market price of ingredients for home cooking relative to ready-to-eat foods. We consider a simple model of food consumption and time use which captures the key driving forces behind these apparently conflicting trends. We show that observed behaviour can be rationalised by the fact that the shadow price of home-cooked food, which accounts for the fact that cooking takes time, has risen relative to the price of ready-to-eat food, due to the increase in the market value of time of secondary earners. We discuss the implications for policies that aim to encourage healthier diets.

Language
Englisch

Bibliographic citation
Series: IFS Working Paper ; No. W21/14

Classification
Wirtschaft
Consumer Economics: Empirical Analysis
Household Production and Intrahousehold Allocation
Health Behavior
Subject
food consumption
time use
home production
shadow prices

Event
Geistige Schöpfung
(who)
Griffith, Rachel
Jin, Wenchao
Lechene, Valérie
Event
Veröffentlichung
(who)
Institute for Fiscal Studies (IFS)
(where)
London
(when)
2021

DOI
doi:10.1920/wp.ifs.2021.1421
Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Griffith, Rachel
  • Jin, Wenchao
  • Lechene, Valérie
  • Institute for Fiscal Studies (IFS)

Time of origin

  • 2021

Other Objects (12)