메뉴 건너뛰기




Volumn 23, Issue 3, 2005, Pages 269-281

A failure in the measurement of inflation: Results from a hedonic and matched experiment using scanner data

Author keywords

Consumer price index; Hedonic index; Hedonic regression; Index number; Inflation; Quality adjustment

Indexed keywords


EID: 22544467006     PISSN: 07350015     EISSN: None     Source Type: Journal    
DOI: 10.1198/073500104000000343     Document Type: Article
Times cited : (27)

References (34)
  • 2
    • 21344478860 scopus 로고
    • Estimating consumer preferences using market data: An application to U.S. automobile demand
    • Arguea, N. M., Hsiao, C., and Taylor, G. A. (1994), "Estimating Consumer Preferences Using Market Data: An Application to U.S. Automobile Demand," Journal of Applied Econometrics, 9, 1-18.
    • (1994) Journal of Applied Econometrics , vol.9 , pp. 1-18
    • Arguea, N.M.1    Hsiao, C.2    Taylor, G.A.3
  • 3
    • 22544439475 scopus 로고    scopus 로고
    • Price indexes for elementry aggregates: The sampling approach
    • Vooburg, The Netherlands: Statistics Netherlands
    • Balk, B. M. (2002), "Price Indexes for Elementry Aggregates: The Sampling Approach," Statistics Netherlands Research Paper, No. 0231, Vooburg, The Netherlands: Statistics Netherlands.
    • (2002) Statistics Netherlands Research Paper, No. 0231 , vol.231
    • Balk, B.M.1
  • 4
    • 0002454659 scopus 로고
    • Econometric estimates of price indexes for personal computers in the 1990s
    • Berndt, E. R., Griliches, Z., and Rappaport, N. J. (1995), "Econometric Estimates of Price Indexes for Personal Computers in the 1990s," Journal of Econometrics, 68, 243-268.
    • (1995) Journal of Econometrics , vol.68 , pp. 243-268
    • Berndt, E.R.1    Griliches, Z.2    Rappaport, N.J.3
  • 5
    • 0042084608 scopus 로고    scopus 로고
    • The long shadow of patent expiration: Generic entry and Rx to OTC switches
    • eds. M. Shapiro and R. Feenstra, CRIW and NBER, Chicago: University of Chicago Press
    • Berndt, E. R., Ling, D., and Kyle, M. K. (2003), "The Long Shadow of Patent Expiration: Generic Entry and Rx to OTC Switches," in Scanner Data and Price Indexes, eds. M. Shapiro and R. Feenstra, CRIW and NBER, Chicago: University of Chicago Press, pp. 229-273.
    • (2003) Scanner Data and Price Indexes , pp. 229-273
    • Berndt, E.R.1    Ling, D.2    Kyle, M.K.3
  • 7
    • 0011840029 scopus 로고    scopus 로고
    • Comment
    • eds. T. F. Bresnahan and R. J. Gordon, NBER and CRIW, Chicago: University of Chicago Press
    • Bresnahan, T. F. (1997), "Comment," in The Economics of New Goods, eds. T. F. Bresnahan and R. J. Gordon, NBER and CRIW, Chicago: University of Chicago Press, pp. 237-247.
    • (1997) The Economics of New Goods , pp. 237-247
    • Bresnahan, T.F.1
  • 11
    • 11544266375 scopus 로고
    • Exact and superlative index numbers
    • Diewert, W. E. (1976), "Exact and Superlative Index Numbers," Journal of Econometrics, 4, 114-145.
    • (1976) Journal of Econometrics , vol.4 , pp. 114-145
    • Diewert, W.E.1
  • 12
    • 0000877182 scopus 로고
    • Superlative index numbers and consistency in aggregation
    • _ (1978), "Superlative Index Numbers and Consistency in Aggregation," Econometrica, 46, 883-900.
    • (1978) Econometrica , vol.46 , pp. 883-900
  • 13
    • 3042794421 scopus 로고    scopus 로고
    • mimeo, University of British Columbia, Dept. of Economics
    • _ (2001), "Hedonic Regressions: A Consumer Theory Approach," mimeo, University of British Columbia, Dept. of Economics.
    • (2001) Hedonic Regressions: A Consumer Theory Approach
  • 15
    • 14544296254 scopus 로고    scopus 로고
    • Hedonic regressions: A consumer theory approach
    • eds. R. C. Feenstra and M. D. Shapiro, Chicago: University of Chicago Press
    • _ (2003), "Hedonic Regressions: A Consumer Theory Approach," in Scanner Data and Price Indexes, eds. R. C. Feenstra and M. D. Shapiro, Chicago: University of Chicago Press, pp. 317-348.
    • (2003) Scanner Data and Price Indexes , pp. 317-348
  • 16
    • 0003116479 scopus 로고
    • The application of an hedonic model to a quality-adjusted price index for computer processors
    • eds. D. Jorgenson and R. Landau, Cambridge, MA: MIT Press
    • Dulberger, E. R. (1989), "The Application of an Hedonic Model to a Quality-Adjusted Price Index for Computer Processors," in Technology and Capital Formation, eds. D. Jorgenson and R. Landau, Cambridge, MA: MIT Press.
    • (1989) Technology and Capital Formation
    • Dulberger, E.R.1
  • 19
    • 0001426594 scopus 로고    scopus 로고
    • Valuation of new goods under perfect and imperfect conditions
    • eds. T. Bresnahan and R. J. Gordon, NBER, Chicago and London: University of Chicago Press
    • Hausman, J. R. (1997), "Valuation of New Goods Under Perfect and Imperfect Conditions," in The Economics of New Goods, eds. T. Bresnahan and R. J. Gordon, NBER, Chicago and London: University of Chicago Press, pp. 209-248.
    • (1997) The Economics of New Goods , pp. 209-248
    • Hausman, J.R.1
  • 20
    • 0037363755 scopus 로고    scopus 로고
    • Using scanner data to estimate country price parities: An exploratory study
    • Heravi, S., Heston, A., and Silver, M. (2003), "Using Scanner Data to Estimate Country Price Parities: An Exploratory Study," Review of Income and Wealth, 49, 1-22.
    • (2003) Review of Income and Wealth , vol.49 , pp. 1-22
    • Heravi, S.1    Heston, A.2    Silver, M.3
  • 21
    • 84860970249 scopus 로고    scopus 로고
    • Beyond matched pairs and griliches-type hedonic methods for controlling for quality change in CPI sub-indexes: Mathematical considerations and empirical examples on the use of linear and non-linear models with time-dependent quality parameters
    • paper presented at the, Canberra, Australia, April 2-6
    • Koskimäki, T., and Vartia, Y. (2001), "Beyond Matched Pairs and Griliches-Type Hedonic Methods for Controlling for Quality Change in CPI Sub-Indexes: Mathematical Considerations and Empirical Examples on the Use of Linear and Non-Linear Models With Time-Dependent Quality Parameters," paper presented at the 6th Meeting of the (Ottawa) International Working Group on Price Indexes, Canberra, Australia, April 2-6.
    • (2001) 6th Meeting of the (Ottawa) International Working Group on Price Indexes
    • Koskimäki, T.1    Vartia, Y.2
  • 23
    • 84947218328 scopus 로고    scopus 로고
    • A reconsideration of hedonic price indexes with an application to PCs
    • Working Paper 8715
    • Pakes, A. (2001), "A Reconsideration of Hedonic Price Indexes With an Application to PCs," Working Paper 8715, National Bureau of Economic Research.
    • (2001) National Bureau of Economic Research
    • Pakes, A.1
  • 24
    • 2942752276 scopus 로고    scopus 로고
    • A reconsideration of hedonic price index with an application to PCs
    • _ (2003), "A Reconsideration of Hedonic Price Index With an Application to PCs," The American Economic Review, 93, 1576-1593.
    • (2003) The American Economic Review , vol.93 , pp. 1576-1593
  • 25
    • 0000030668 scopus 로고
    • Price elasticity dynamics over the adoption life cycle
    • Parker, P. (1992), "Price Elasticity Dynamics Over the Adoption Life Cycle," Journal of Marketing Research, XXIX, 358-367.
    • (1992) Journal of Marketing Research , vol.29 , pp. 358-367
    • Parker, P.1
  • 26
    • 0001791734 scopus 로고
    • Hedonic prices and implicit markets: Product differentiation and pure competition
    • Rosen, S. (1974), "Hedonic Prices and Implicit Markets: Product Differentiation and Pure Competition," Journal of Political Economy, 82, 34-49.
    • (1974) Journal of Political Economy , vol.82 , pp. 34-49
    • Rosen, S.1
  • 28
    • 1242325346 scopus 로고    scopus 로고
    • The measurement of quality adjusted price changes
    • eds. R. C. Feenstra and M. D. Shapiro, Chicago: University of Chicago Press
    • Silver, M., and Heravi, S. (2003), "The Measurement of Quality Adjusted Price Changes," in Scanner Data and Price Indexes, eds. R. C. Feenstra and M. D. Shapiro, Chicago: University of Chicago Press, pp. 277-316.
    • (2003) Scanner Data and Price Indexes , pp. 277-316
    • Silver, M.1    Heravi, S.2
  • 29
    • 0040139219 scopus 로고    scopus 로고
    • International comparisons with incomplete data
    • Summers, R. (2002), "International Comparisons With Incomplete Data," The Review of Income Wealth, 19, 1-16.
    • (2002) The Review of Income Wealth , vol.19 , pp. 1-16
    • Summers, R.1
  • 30
    • 0012384722 scopus 로고
    • Linking price index numbers
    • eds. W. E. Diewert and C. Montmarquette, Ottawa: Statistics Canada
    • Szulc, B. J. (1983), "Linking Price Index Numbers," in Price Level Measurement, eds. W. E. Diewert and C. Montmarquette, Ottawa: Statistics Canada, pp. 537-566.
    • (1983) Price Level Measurement , pp. 537-566
    • Szulc, B.J.1
  • 31
    • 0000418629 scopus 로고
    • Some statistical implications of the log transformations of multiplicative models
    • Teekens, R., and Koerts, J. (1972), "Some Statistical Implications of the Log Transformations of Multiplicative Models," Econometrica, 40, 793-819.
    • (1972) Econometrica , vol.40 , pp. 793-819
    • Teekens, R.1    Koerts, J.2
  • 32
    • 0002595532 scopus 로고
    • Hedonic functions and hedonic indexes
    • New York: MacMillan
    • Triplett, J. E. (1988), "Hedonic Functions and Hedonic Indexes," in The New Palgraves Dictionary of Economics, New York: MacMillan, pp. 630-634.
    • (1988) The New Palgraves Dictionary of Economics , pp. 630-634
    • Triplett, J.E.1
  • 34
    • 84984054132 scopus 로고
    • Assessing the quality error in output measures: The case of refrigerators
    • Triplett, J. E., and McDonald, R. J. (1977), "Assessing the Quality Error in Output Measures: The Case of Refrigerators," The Review of Income and Wealth, 23, 137-156.
    • (1977) The Review of Income and Wealth , vol.23 , pp. 137-156
    • Triplett, J.E.1    McDonald, R.J.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.