Price indexes and quality change;
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Price indexes and quality change; Studies in new methods of measurement by Zvi Griliches

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Published by Harvard University Press .
Written in English


  • Addresses, essays, lectures,
  • Price indexes,
  • Quality of products

Book details:

The Physical Object
Number of Pages287
ID Numbers
Open LibraryOL7693315M
ISBN 100674704207
ISBN 109780674704206

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Prices in GBP apply to orders placed in Great Britain only. Prices in € represent the retail prices valid in Germany (unless otherwise indicated). Prices are subject to change without notice. Prices do not include postage and handling if applicable. Free shipping for non-business customers when ordering books at De Gruyter Online. Quality Change in Price Indexes 63 / b Mp 63 Monday Oct 09 PM LP–JEP Figure 1 Traditional and True Price of Light Source: Nordhaus (). and electricity (Nordhaus, ).   Professor Balk's book, reflecting his many contributions to index number theory and practice, provides an insightful and scholarly discussion of how price and quantity movements can be measured. The book provides an excellent review of various index number formulas and the quality of the attending by: Price and quality indexes not only serve as summary measures of price and quality changes but also are employed in many analyses. Regression models, for instance, frequently contain price or quality indexes as independent variables. Another use of price indexes is to adjust time series expressed in monetary units, such as annual sales revenues.

  The index in a book role is to create a roadmap to all the pertinent information in the document. A well-organized quality index in a book saves readers time and effort as well as helps to find valuable information easier and faster. Therefore, the readability and usability of the book are being increased and led to better readership results. Multilateral methods yield simultaneous estimates of price indexes for different time periods. The computational procedure is repeated for every new publication period. Prices and quantities sold of the new period are added, which may alter product weights and price indexes of past periods. However, once published, the CPI cannot be revised. The two most common ways of quoting book index prices are per page and per entry. Different publishers prefer different methods, and indexes for different media (databases, periodicals, etc.) also are priced differently. All the different ways of quoting prices can be reduced to a fee per hour. While experienced indexers come to know what rates. If you love books and reading, have a fairly analytical mind, would love to be a business owner, and are looking for a career change or a part-time career opportunity, indexing might be just the thing for you. Preparing book indexes (and other kinds of indexes) is a viable career option.

Prices for pulp, recovered paper, paper, packaging, timber, wood products, and nonwovens markets. See how Fastmarkets RISI prices can benefit your business. By tracking and understanding prices in your markets, you will better be able to: Provide a neutral ground for your contracts. Quality Change, Hedonic Regression and Price Index Construction Jan de Haana and W. Erwin Diewertb 13 February Abstract: Quality change in the CPI has two dimensions: quality mix change due to changes in the quantities purchased of existing items and quality change due new items. Quality Change in Price Indexes 63 Figure I Traditional and True Price of Light - o 00 j - V Truc light iidex | Traditionial light index I I I Source: Nordhaus (). and electricity (Nordhaus, ). The true price of light is derived from a wide.   The hedonic quality adjustment method removes any price differential attributed to a change in quality by adding or subtracting the estimated value of that change from the price of the old item. Hedonic quality adjustments for rent and owners equivalent rent are used primarily to adjust for the age of a rental unit, and for utility adjustments.