Hedonic Price Indexes for Personal Computer Operating Systems and Produtivity Suites
In: Contributions in Memory of Zvi Griliches
Results of hedonic price regressions for personal computer operating systems and productivity suites advertised in PC World magazine by retail vendors during the time period 1984 to 2000 are reported. Among the quality attribute variables we use are new measures capturing the presence of network effects in personal computer operating systems, such as connectivity and compatibility, and product integration among components of productivity suites. Average annual growth rates of quality-adjusted prices of personal computer operating systems range from -15 to -18 percent, while those for productivity suites generally range between -13 and -16 percent. Price declines are generally greater in the latter half of the samples.
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- Ana Aizcorbe, 2003. "The stability of dummy variable price measures obtained from hedonic regressions," Finance and Economics Discussion Series 2003-05, Board of Governors of the Federal Reserve System (U.S.).
- Ernst R. Berndt & Zvi Griliches, 1993.
"Price Indexes for Microcomputers: An Exploratory Study,"
in: Price Measurements and Their Uses, pages 63-100
National Bureau of Economic Research, Inc.
- Ernst R. Berndt & Zvi Griliches, 1990. "Price Indexes for Microcomputers: An Exploratory Study," NBER Working Papers 3378, National Bureau of Economic Research, Inc.
- Mark Doms & Ana Aizcorbe & Carol Corrado, 2003. "When do matched-model and hedonic techniques yield similar measures?," Working Paper Series 2003-14, Federal Reserve Bank of San Francisco.
- Jaison R. Abel & Ernst R. Berndt & Alan G. White, 2003. "Price Indexes for Microsoft's Personal Computer Software Products," NBER Working Papers 9966, National Bureau of Economic Research, Inc.
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