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Hedonic Price Indexes for Personal Computer Operating Systems and Productivity Suites

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Author Info

  • Alan G. WHITE
  • Jaison R. ABEL
  • Ernst R. BERNDT
  • Cory W. MONROE

Abstract

Results from hedonic price regressions for personal computer operating systems and productivity suites advertised in PC World magazine by retail vendors during the time period 1984 to 2000 are reported. Among the quality attribute variables we use are new measures capturing the connectivity and compatibility of operating systems and the degree of data exchange among components of productivity suites. Average annual growth rates of quality-adjusted prices of personal computer operating systems range from -15 to -18 percent, while those for productivity suites generally range between -13 and -16 percent. These price declines are generally robust to estimation method and model specification.

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File URL: http://www.jstor.org/stable/20777597
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Bibliographic Info

Article provided by ENSAE in its journal Annals of Economics and Statistics.

Volume (Year): (2005)
Issue (Month): 79-80 ()
Pages: 787-807

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Handle: RePEc:adr:anecst:y:2005:i:79-80:p:30

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References

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  1. Ana Aizcorbe, 2003. "The stability of dummy variable price measures obtained from hedonic regressions," Finance and Economics Discussion Series 2003-05, Board of Governors of the Federal Reserve System (U.S.).
  2. Ernst R. Berndt & Zvi Griliches, 1990. "Price Indexes for Microcomputers: An Exploratory Study," NBER Working Papers 3378, National Bureau of Economic Research, Inc.
  3. Jaison R. Abel & Ernst R. Berndt & Alan G. White, 2003. "Price Indexes for Microsoft's Personal Computer Software Products," NBER Working Papers 9966, National Bureau of Economic Research, Inc.
  4. Mark Doms & Ana Aizcorbe & Carol Corrado, 2003. "When do matched-model and hedonic techniques yield similar measures?," Working Paper Series 2003-14, Federal Reserve Bank of San Francisco.
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Cited by:
  1. Robert C. Feenstra & Christopher R. Knittel, 2004. "Re-Assessing the U.S. Quality Adjustment to Computer Prices: The Role of Durability and Changing Software," NBER Working Papers 10857, National Bureau of Economic Research, Inc.
  2. Robert J. Gordon, 2006. "The Boskin Commission Report: A Retrospective One Decade Later," NBER Working Papers 12311, National Bureau of Economic Research, Inc.
  3. Antonopoulos, Christos & Sakellaris, Plutarchos, 2009. "The contribution of Information and Communication Technology investments to Greek economic growth: An analytical growth accounting framework," Information Economics and Policy, Elsevier, vol. 21(3), pages 171-191, August.

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