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Hedonic Price Indexes With Unobserved Product Characteristics, and Application to Personal Computers

Author

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  • C. Lanier Benkard
  • Patrick Bajari
Abstract
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Suggested Citation

  • C. Lanier Benkard & Patrick Bajari, 2005. "Hedonic Price Indexes With Unobserved Product Characteristics, and Application to Personal Computers," Journal of Business & Economic Statistics, American Statistical Association, vol. 23, pages 61-75, January.
  • Handle: RePEc:bes:jnlbes:v:23:y:2005:p:61-75
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    Citations

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    Cited by:

    1. Johannes Van Biesebroeck & Aamir Hashmi, 2007. "Market Structure and Innovation: A Dynamic Analysis of the Global Automobile Industry," 2007 Meeting Papers 362, Society for Economic Dynamics.
    2. Gautam Gowrisankaran & Marc Rysman, 2012. "Dynamics of Consumer Demand for New Durable Goods," Journal of Political Economy, University of Chicago Press, vol. 120(6), pages 1173-1219.
    3. Gabriel Ehrlich & John Haltiwanger & Ron Jarmin & David Johnson & Matthew D. Shapiro, 2019. "Minding Your Ps and Qs: Going from Micro to Macro in Measuring Prices and Quantities," AEA Papers and Proceedings, American Economic Association, vol. 109, pages 438-443, May.
    4. Gabriel Ehrlich & John C. Haltiwanger & Ron S. Jarmin & David Johnson & Matthew D. Shapiro, 2020. "Reengineering Key National Economic Indicators," NBER Chapters, in: Big Data for Twenty-First-Century Economic Statistics, pages 25-68, National Bureau of Economic Research, Inc.
    5. Fogarty, James Joseph & Sadler, Rohan, 2012. "To Save or Savour: A Review of Wine Investment," Working Papers 139663, University of Western Australia, School of Agricultural and Resource Economics.
    6. William Horrace & Christopher Parmeter, 2011. "Semiparametric deconvolution with unknown error variance," Journal of Productivity Analysis, Springer, vol. 35(2), pages 129-141, April.
    7. Crystal Konny, 2020. "Modernizing data collection for the Consumer Price Index," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 55(1), pages 45-52, January.
    8. Griffith, Rachel & Nesheim, Lars, 2013. "Hedonic methods for baskets of goods," Economics Letters, Elsevier, vol. 120(2), pages 284-287.
    9. Kahn, Matthew E. & Kok, Nils, 2014. "The capitalization of green labels in the California housing market," Regional Science and Urban Economics, Elsevier, vol. 47(C), pages 25-34.
    10. Gabriel Ehrlich & John C. Haltiwanger & Ron S. Jarmin & David Johnson & Ed Olivares & Luke W. Pardue & Matthew D. Shapiro & Laura Zhao, 2023. "Quality Adjustment at Scale: Hedonic vs. Exact Demand-Based Price Indices," NBER Working Papers 31309, National Bureau of Economic Research, Inc.
    11. Zhu, Ying, 2013. "Sparse Linear Models and Two-Stage Estimation in High-Dimensional Settings with Possibly Many Endogenous Regressors," MPRA Paper 49846, University Library of Munich, Germany.
    12. Naoki Watanabe & Ryo Nakajima & Takanori Ida, 2010. "Quality-Adjusted Prices of Japanese Mobile Phone Handsets and Carriers’ Strategies," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 36(4), pages 391-412, June.
    13. Xosé-Luís Varela-Irimia, 2014. "Age effects, unobserved characteristics and hedonic price indexes: The Spanish car market in the 1990s," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 5(4), pages 419-455, November.
    14. Andrew Adewale Alola, 2021. "Evidence of speculative bubbles and regime switch in real estate market and crude oil price: Insight from Saudi Arabia," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(3), pages 3473-3483, July.
    15. OTA Rui & ZHANG Lili, 2020. "Declining Demand and Product Quality: An Empirical Study of the Japanese PC Monitor Market," Discussion papers 20033, Research Institute of Economy, Trade and Industry (RIETI).
    16. Patrick Bajari & Zhihao Cen & Victor Chernozhukov & Manoj Manukonda & Jin Wang & Ramon Huerta & Junbo Li & Ling Leng & George Monokroussos & Suhas Vijaykunar & Shan Wan, 2023. "Hedonic prices and quality adjusted price indices powered by AI," CeMMAP working papers 08/23, Institute for Fiscal Studies.
    17. 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.
    18. Leung, Tin Cheuk & Tsang, Kwok Ping, 2012. "Love thy neighbor: Income distribution and housing preferences," Journal of Housing Economics, Elsevier, vol. 21(4), pages 322-335.
    19. Hu, Ziwei & Swallow, Brent & Qiu, Feng, 2021. "Measuring the Amenity Value of Urban Open Space Using a Spatial Hedonic Approach: The Case of Edmonton, Canada," 2021 Conference, August 17-31, 2021, Virtual 315287, International Association of Agricultural Economists.
    20. Dakshina G. De Silva & Nidhi Thakur & Mengzhi Xie, 2013. "A hedonic price analysis of hearing aid technology," Applied Economics, Taylor & Francis Journals, vol. 45(16), pages 2315-2323, June.
    21. Kim, Wook Joon & Kim, Yongkyu, 2018. "An estimation of quality-adjusted prices for mobile services in Korea," 22nd ITS Biennial Conference, Seoul 2018. Beyond the boundaries: Challenges for business, policy and society 190346, International Telecommunications Society (ITS).

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