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Una aproximación al sesgo de medición del precio de las computadoras personales en México

Author

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  • Carlos Guerrero de Lizardi

    (Tecnológico de Monterrey, Campus Ciudad de México)

Abstract

Changes in quality in information technology products provoke that compilation of their price indexes represent a major challenge. In this respect, this paper has three goals. In first place, to build price indexes for personal computers during 1990-2004. In second place, to compare our price indexes with those compiled by Mexican Central Bank, Spanish National Institute of Statistics, and Bureau of Labor Statistics. In third place, to make an exploration about the viability of hedonic functions transfer 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 established by the Central Bank between July 2003 and December 2004.

Suggested Citation

  • Carlos Guerrero de Lizardi, 2006. "Una aproximación al sesgo de medición del precio de las computadoras personales en México," Economía Mexicana NUEVA ÉPOCA, CIDE, División de Economía, vol. 0(1), pages 97-124, January-J.
    • Handle: RePEc:emc:ecomex:v:15:y:2006:i:1:p:97-124
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    File URL: http://www.economiamexicana.cide.edu/num_anteriores/XV-1/04_CARLOS_GUERRERO.pdf
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    Citations

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    Cited by:

    1. Calzada, Joan & Martínez-Santos, Fernando, 2014. "Broadband prices in the European Union: Competition and commercial strategies," Information Economics and Policy, Elsevier, vol. 27(C), pages 24-38.
    2. 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 Finanzas, 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.

    More about this item

    Keywords

    price index; personal computer; hedonic regression;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates

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