@article{3931367, note = {Includes bibliographical references (p. 163-166).}, url = {http://digitallibrary.un.org/record/3931367}, title = {Guide on valuing unpaid household service work}, publisher = {UN,}, abstract = {Conventional economic statistics, such as national accounts and employment measures, are largely designed to measure the market economy and in most countries exclude unpaid household service work. Economists have argued for many years that ignoring these services introduces biases in various areas of economic analysis. For instance, an increase in childcare or long-term care provided by the government or private sector increases the quantity of goods and services produced in a country. However, in practice, this would simply reflect that the production of the same service takes place in the institutional sector instead of the household sector. The present publication consolidates the existing experience and presents an internationally agreed approach to valuing unpaid household service work.}, recid = {3931367}, pages = {xii, 157 p. :}, address = {New York ;. 2017}, year = {2017}, }