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...
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| 格式: | 图书 |
| 语言: | English |
| 出版: |
Cambridge
National Bureau of Economic Research
2001.
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| 丛编: | NBER working paper series
no. 8425 |
| 主题: | |
| 在线阅读: | Download full text here |