Term:
Household production for own use
Definition:
Household production for own use comprise those activities that are carried out by household unincorporated enterprises that are not involved in market production. By definition, such enterprises are excluded from the informal sector.
Domain:
Economics & National Accounts
Source:
Measuring the Non-Observed Economy: A Handbook, OECD, IMF, ILO, Interstate Statistical Committee of the Commonwealth of Independent States, 2002, Annex 2, Glossary.