Dagsvik, John K.; Mathiassen, Astrid L.; Eriksson, Bengt J. - Statistisk Sentralbyrå, Government of Norway - 2006
This paper discusses the construction and computation of a quality adjusted price index when the commodities are differentiated products, such as different brands of automobiles and refrigerators. The method we focus on is an extension of Trajtenberg’s approach. A key result obtained in the...