IDEAS home Printed from https://ideas.repec.org/p/red/sed011/655.html
   My bibliography  Save this paper

Everything all the time? Re-evaluating the gains from varieties

Author

Listed:
  • Miklos Koren

    (Central European University)

  • Roc Armenter

    (Federal Reserve Bank of Philadelphia)

Abstract

Sample zeros---products available that do not register positive revenues due to the finite sample period---introduce several biases in the computation of the import price index developed by Feenstra (1994). We model sample zeros by considering the discrete choice model of Anderson, De Palma and Thisse (1987) with a finite number of consumers/orders. We show that there is a small upward bias when the number of orders is constant across periods. When the number of orders grows over time there is a possibly large downward bias. We illustrate both cases for the import categories and sample period analyzed in Feenstra (1994).

Suggested Citation

  • Miklos Koren & Roc Armenter, 2011. "Everything all the time? Re-evaluating the gains from varieties," 2011 Meeting Papers 655, Society for Economic Dynamics.
    • Handle: RePEc:red:sed011:655
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:red:sed011:655. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Christian Zimmermann (email available below). General contact details of provider: https://edirc.repec.org/data/sedddea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.