Definition: Productive activity

Category: National accounts

Based on the criterion of the third person (presented by Margaret Reid), it is considered that an activity is productive if it can be delegated to someone else, and if it can provide a good or service that can be exchanged. http://ec.europa.eu/eurostat/ramon/statmanuals/files/UNECE_Guide_on_Valuing_Unpaid_Household_Service_Work.pdf