Bias and Inefficiency in Quality-Adjusted Hedonic Regression Analysis

Auer, Ludwig von; Brennan, John E.

[journal article]

dc.contributor.author	Auer, Ludwig von	de
dc.contributor.author	Brennan, John E.	de
dc.date.accessioned	2011-04-01T03:10:00Z	de
dc.date.accessioned	2012-08-30T04:48:22Z
dc.date.available	2012-08-30T04:48:22Z
dc.date.issued	2006	de
dc.identifier.uri	http://www.ssoar.info/ssoar/handle/document/23942
dc.description.abstract	Numerous quality-adjusted hedonic price-trend studies based on computer prices have provided support to widely held suspicions that officially released price indices are not accurately measuring the price declines occurring in many information technology (IT) products. If verifiable, then general price inflation is being overestimated and, consequently, real GDP is being underestimated. Existing evidence, however, is inconclusive. First, empirical findings for IT-products other than computers are extremely rare and, secondly, estimation bias is inherent in the hedonic regression technique most commonly employed. This paper presents an unbiased method together with an estimated quality-adjusted price trend for laser printers (1993-2004).	en
dc.language	en	de
dc.title	Bias and Inefficiency in Quality-Adjusted Hedonic Regression Analysis	en
dc.description.review	begutachtet (peer reviewed)	de
dc.description.review	peer reviewed	en
dc.source.journal	Applied Economics	de
dc.source.volume	39	de
dc.source.issue	1	de
dc.identifier.urn	urn:nbn:de:0168-ssoar-239426	de
dc.date.modified	2011-04-01T03:10:00Z	de
dc.rights.licence	PEER Licence Agreement (applicable only to documents from PEER project)	de
dc.rights.licence	PEER Licence Agreement (applicable only to documents from PEER project)	en
ssoar.contributor.institution	http://www.peerproject.eu/	de
internal.status	-1	de
dc.type.stock	article	de
dc.type.document	journal article	en
dc.type.document	Zeitschriftenartikel	de
dc.source.pageinfo	95-107
internal.identifier.journal	21	de
internal.identifier.document	32
dc.identifier.doi	https://doi.org/10.1080/00036840500427841	de
dc.description.pubstatus	Postprint	en
dc.description.pubstatus	Postprint	de
internal.identifier.licence	7
internal.identifier.pubstatus	2
internal.identifier.review	1
internal.check.abstractlanguageharmonizer	CERTAIN
internal.check.languageharmonizer	CERTAIN_RETAINED

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