IDEAS home Printed from https://ideas.repec.org/a/eee/telpol/v35y2011i1p64-73.html
   My bibliography  Save this article

Technological disequilibrium. Price indexes in hubs for Local Area Networks

Author

Listed:
  • Fontana, Roberto

Abstract

Evidence is provided on the relationship between changes in product characteristics and product prices by constructing constant quality price indexes for hubs, a category of equipment for Local Area Networks (LANs). Relying on a database of more than 500 hubs marketed between 1990 and 1999 estimations of pooled hedonic regression are carried out and then 'augmented' by interacting some characteristics. Results show a general decline of constant-quality price in the period analysed with distinct patterns between the first and the second half of the decade. In particular, evidence of 'technologically induced' disequilibrium in the first half of the decade is found. Equilibrium prevailed instead in the second half. Also, results show that both the extent of technological improvements and the extent of economic benefits from technological improvements have been unevenly distributed across technological characteristics.

Suggested Citation

  • Fontana, Roberto, 2011. "Technological disequilibrium. Price indexes in hubs for Local Area Networks," Telecommunications Policy, Elsevier, vol. 35(1), pages 64-73, February.
    • Handle: RePEc:eee:telpol:v:35:y:2011:i:1:p:64-73
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0308596110001539
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    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:eee:telpol:v:35:y:2011:i:1:p:64-73. 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: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/30471/description#description .

    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.