Una aproximación al sesgo de medición del precio de las computadoras en México
AbstractChanges in quality in information technology products provoke that compilation of their price indexes represent a major challenge. In this respect, the aims of this study are three. First, to build price indexes for personal computers during 1990-2004. Second, to compare our price indexes with those compiled by the Mexican Central Bank, the Spanish National Institute of Statistics, and the Bureau of Labor Statistics. And finally, to explore the viability of transfer hedonic functions between countries. Our results show a 21% average decline of the PC price index during the analyzed period. In consequence, official price index related to computers has a measurement bias. The adjusted CPI implies that the inflation rate was 4.425%, and not 4.463% as was established by the Central Bank between July 2003 and December 2004.
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Bibliographic InfoPaper provided by Tecnológico de Monterrey, Campus Ciudad de México in its series EGAP Working Papers with number 2005-02.
Date of creation: Dec 2004
Date of revision:
price index; quality changes; measurement bias;
Find related papers by JEL classification:
- C20 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - General
- C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
- C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-06-24 (All new papers)
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