Search Results

Author: Oh, Sohae
Resulting in 1 citation.
1. Oh, Sohae
Three Essays in Demand Analysis
Ph.D. Dissertation, North Carolina State University, 2022
Cohort(s): Children of the NLSY79, NLSY79
Publisher: ProQuest Dissertations & Theses (PQDT)
Keyword(s): Adolescent Brain Cognitive Development (ABCD); Television Viewing; Wage Rates

Permission to reprint the abstract has not been received from the publisher.

In Chapter 2, a simple model of parental utility maximization subject to the money and time budget constraints is suggested to derive Marshallian parental demand functions for two types of child upbringing activities (violin lessons and screen time). After the Slutsky decomposition, I show that parental demand for children's screen time corresponds to the case similar to Giffen good. Using National Longitudinal Survey of Youth 1979 (NLSY) and Adolescent Brain Cognitive Development (ABCD), I first estimate the wage equation based on the Heckman's two-step correction procedure and then empirically decompose the total effect of an increase in wage rate on the parental demand for screen time into the substitution effect and income effect. I found that the substitution effect is positive and the income effect is negative and that the negative income effect dominates the substitution effect. Hence our results shows that the empirical findings in the public health and psychology literature can be reconciled with the theoretical predictions of the standard economic labor-leisure trade-off paradigm.
Bibliography Citation
Oh, Sohae. Three Essays in Demand Analysis. Ph.D. Dissertation, North Carolina State University, 2022.