New products, quality changes and welfare measures computed from estimated demand systems
This paper examines the construction of a price index based on an estimated demand system. In principle the method examined can produce a price index that accounts for introduction of new products and quality changes in existing products. However, I isolate two key assumptions that have to be made...
| Päätekijä: | |
|---|---|
| Aineistotyyppi: | Kirja |
| Kieli: | English |
| Julkaistu: |
Cambridge
National Bureau of Economic Research
2001.
|
| Sarja: | NBER working paper series
no. 8425 |
| Aiheet: | |
| Linkit: | Download full text here |