Sesgo de medición del PIB derivado de los cambios en la calidad del sector TI: México 2000-2004
AbstractOur aim is to quantify the GDP measurement bias derive from quality improvements in information technology sector. Using hedonic price indexes for IT goods, our results show that between 2000 and 2004 economic growth rate was, at most, approximately 2% on average per year -and not 1.60% as is established by the Mexican National Account System. The sensitivity of our results is explored applying IT price indexes of United States. It should be noted that the applied methodology may exaggerate the size of the measurement error.
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Bibliographic InfoArticle provided by El Colegio de México, Centro de Estudios Económicos in its journal Estudios Económicos.
Volume (Year): 23 (2008)
Issue (Month): 2 ()
hedonic prices; measurement bias; IT sector; economic growth;
Other versions of this item:
- Guerrero, Carlos, 2006. "Sesgo de medición del PIB derivado de los cambios en la calidad del sector TI: México, 2000-2004," EGAP Working Papers 2006-08, Tecnológico de Monterrey, Campus Ciudad de México.
- C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
- O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
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- Carlos Guerrero de Lizardi, 2009. "Contribution of the Information and Communication Technology sector to Mexican economic growth from 1999 to 2004," EconoQuantum, Revista de Economia y Negocios, Universidad de Guadalajara, Centro Universitario de Ciencias Economico Administrativas, Departamento de Metodos Cuantitativos y Maestria en Economia., vol. 6(1), pages 11-30, Julio - D.
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