Cummins, Jason G.; Violante, Giovanni L. - In: Review of Economic Dynamics 5 (2002) 2, pp. 243-284
By extrapolating Gordon's (1990) measures of the quality-bias in the official price indexes, we construct quality-adjusted price indexes for 24 types of equipment and software (E&S) from 1947 to 2000 and use them to measure technical change at the aggregate and at the industry level....
