Supplementing Household Income through Self-Supply and Exchange: The Case of a Multiple-Exchange Fair in Mexico City, 2016.

Authors

DOI:

https://doi.org/10.13133/2037-3643_72.291_4

Keywords:

income, self-supply, exchange, savings

Abstract

For approximately 40% of Mexican households, income alone is insufficient to meet basic expenses. As a result, some families fulfill their needs through self-supply, the practice of producing goods either for direct consumption or eventual exchange. This paper demonstrates the effects that the self-supply practice has on household savings. The authors find that the practice of multiple exchange, which includes a combination of exchange, production, and self-supply, is a key mechanism that enables Mexican households to better meet their needs. Data from a survey given to participants of a trade-and-exchange fair in Mexico City in 2016 was used; the participants’ self-supply levels exceeded Mexico’s self-supply average, positively influencing their monetary savings.

 

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Author Biographies

Oscar Campuzano

Oscar Campuzano holds a Ph.D. in regional development sciences from the Michoacán University of San Nicolás de Hidalgo (UMSNH). He completed his doctoral research at the Institute of Economic and Business Research (ININEE) of UMSNH and graduated in August, 2018. During his doctoral research, he received a grant from the National Council of Science and Technology (CONACYT).

Francisco Javier Ayvar, Universidad Michoacana de San Nicolás de Hidalgo (UMSNH)

Francisco Javier Ayvar holds a Ph.D. in regional development sciences from the Michoacán University of San Nicolás de Hidalgo (UMSNH). He is currently a research professor at the Institute of Economic and Business Research (ININEE) of UMSNH. He belongs to the National System of Researchers (SNI) of the National Council of Science and Technology (CONACYT).

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Published

2020-02-14

How to Cite

Campuzano, O., & Ayvar, F. J. (2020). Supplementing Household Income through Self-Supply and Exchange: The Case of a Multiple-Exchange Fair in Mexico City, 2016. PSL Quarterly Review, 72(291), 297–313. https://doi.org/10.13133/2037-3643_72.291_4

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Articles