Household production in Singapore : a study of the household economy for social accounting purposes

• Main Authors: Lim, Terence Ghim Hui, Tan, Cheng Wei, Tan, Si Jay
• Other Authors: Quah Teong Ewe, Euston
• Format: Final Year Project
• Language: English
• Published: 2014
• Subjects: DRNTU::Social sciences
• Online Access: http://hdl.handle.net/10356/59117
• Institution: Nanyang Technological University

Output produced by households is not recorded in a country’s Gross National Product (GNP). This is because household production of goods and services do not generate an income by way of marketability and hence it is difficult to measure its value. On the other hand, the market consumption o...