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Measuring Moore’s Law: Evidence from Price, Cost, and Quality Indexes

In: Measuring and Accounting for Innovation in the Twenty-First Century

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  • Kenneth Flamm

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  • Kenneth Flamm, 2019. "Measuring Moore’s Law: Evidence from Price, Cost, and Quality Indexes," NBER Chapters, in: Measuring and Accounting for Innovation in the Twenty-First Century, pages 403-470, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberch:13897
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    1. Pakes, Ariel, 2017. "Empirical tools and competition analysis: Past progress and current problems," International Journal of Industrial Organization, Elsevier, vol. 53(C), pages 241-266.
    2. Murray Foss & Marylin Manser & Allan Young, 1993. "Price Measurements and Their Uses," NBER Books, National Bureau of Economic Research, Inc, number foss93-1, March.
    3. Unni Pillai, 2013. "A Model of Technological Progress in the Microprocessor Industry," Journal of Industrial Economics, Wiley Blackwell, vol. 61(4), pages 877-912, December.
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    5. Dale W. Jorgenson, 2001. "Information Technology and the U.S. Economy," Higher School of Economics Economic Journal Экономический журнал Высшей школы экономики, CyberLeninka;Федеральное государственное автономное образовательное учреждение высшего образования «Национальный исследовательский университет «Высшая школа экономики», vol. 5(1), pages 3-34.
    6. Neil Gandal, 1994. "Hedonic Price Indexes for Spreadsheets and an Empirical Test for Network Externalities," RAND Journal of Economics, The RAND Corporation, vol. 25(1), pages 160-170, Spring.
    7. Adam Copeland, 2013. "Seasonality, consumer heterogeneity and price indexes: the case of prepackaged software," Journal of Productivity Analysis, Springer, vol. 39(1), pages 47-59, February.
    8. Aizcorbe, Ana M., 2014. "A Practical Guide to Price Index and Hedonic Techniques," OUP Catalogue, Oxford University Press, number 9780198702429.
    9. Ariel Pakes, 2003. "A Reconsideration of Hedonic Price Indexes with an Application to PC's," American Economic Review, American Economic Association, vol. 93(5), pages 1578-1596, December.
    10. Ernst R. Berndt & Charles R. Hulten, 2007. "Hard-to-Measure Goods and Services: Essays in Honor of Zvi Griliches," NBER Books, National Bureau of Economic Research, Inc, number bern07-1, March.
    11. Ana Aizcorbe & Stephen D Oliner & Daniel E Sichel, 2008. "Shifting Trends in Semiconductor Prices and the Pace of Technological Progress," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 43(3), pages 23-39, July.
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    13. Kenneth Flamm, 1993. "Measurement of DRAM Prices: Technology and Market Structure," NBER Chapters, in: Price Measurements and Their Uses, National Bureau of Economic Research, Inc.
    14. Clair Brown & Greg Linden, 2009. "Chips and Change: How Crisis Reshapes the Semiconductor Industry," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262013460, December.
    15. Ernst R. Berndt & Charles R. Hulten, 2007. "Introduction to "Hard-to-Measure Goods and Services: Essays in Honor of Zvi Griliches"," NBER Chapters, in: Hard-to-Measure Goods and Services: Essays in Honor of Zvi Griliches, pages 1-14, National Bureau of Economic Research, Inc.
    16. David M. Byrne & Stephen D. Oliner & Daniel E. Sichel, 2018. "How Fast are Semiconductor Prices Falling?," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 64(3), pages 679-702, September.
    17. Stephen D. Oliner & Daniel E. Sichel, 1994. "Computers and Output Growth Revisited: How Big Is the Puzzle?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 25(2), pages 273-334.
    18. Ana Aizcorbe & Kenneth Flamm & Anjum Khurshid, 2007. "The Role of Semiconductor Inputs in IT Hardware Price Decline: Computers versus Communications," NBER Chapters, in: Hard-to-Measure Goods and Services: Essays in Honor of Zvi Griliches, pages 351-381, National Bureau of Economic Research, Inc.
    19. David M. Byrne & Brian K. Kovak & Ryan Michaels, 2017. "Quality-Adjusted Price Measurement: A New Approach with Evidence from Semiconductors," The Review of Economics and Statistics, MIT Press, vol. 99(2), pages 330-342, May.
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    More about this item

    JEL classification:

    • L63 - Industrial Organization - - Industry Studies: Manufacturing - - - Microelectronics; Computers; Communications Equipment
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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