| 초록 |
This paper investigates the impact of household size and wife’s value of time on the demand for food away from home by using the sample of married households in Household Income and Expenditure Survey. The estimation results employing Tobit model with heteroscedasticity showed that per capita eating out expenditures decreased as 3.6 thousand Won while it increased the ratio of eating out expenditures relative to total food expenditures as 1.9%. These results imply that as household size increases, economies of scale effect in eating out consumption makes households reduce per capita food-away-from-home expenditures although eating out preferring effect due to the increase in total time spent on home meal production overpowers home meal preferring effect due to the economies of scale in it.
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