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Sweden 1900-35. The results show that during the productivity boom of the 1920s, the constant prices for electric motors … high productivity growth in the industry producing electric motors 1920-29. In contrast to Sweden, the US annual total … indexes. Would hedonic price indexing also have large effects on measured price and productivity during other technological …
Persistent link: https://www.econbiz.de/10010320037
Sweden 1900-35. The results show that during the productivity boom of the 1920s, current prices for electric motors decreased … high productivity growth in the industry producing electric motors in 1920-29. In contrast to Sweden, the US annual total … indexes. Would hedonic price indexing also have large effects on measured price and productivity during earlier technological …
Persistent link: https://www.econbiz.de/10010281168
Sweden 1900–35. The results show that during the productivity boom of the 1920s, the constant prices for electric motors … high productivity growth in the industry producing electric motors 1920–29. In contrast to Sweden, the US annual total … indexes. Would hedonic price indexing also have large effects on measured price and productivity during other technological …
Persistent link: https://www.econbiz.de/10005082490
Sweden 1900–35. The results show that during the productivity boom of the 1920s, current prices for electric motors decreased … high productivity growth in the industry producing electric motors in 1920–29. In contrast to Sweden, the US annual total … indexes. Would hedonic price indexing also have large effects on measured price and productivity during earlier technological …
Persistent link: https://www.econbiz.de/10005649463
Persistent link: https://www.econbiz.de/10003672471
Persistent link: https://www.econbiz.de/10003967347
This study consists of an examination of productivity growth following three major technological breakthroughs: the … original invention until a substantial increase in the rate of productivity growth can be observed. There is also strong … persuasive direct evidence that the steam engine producing industry and electric machinery had particularly high productivity …
Persistent link: https://www.econbiz.de/10014049339
We analyze investment decisions when information is costly, with and without delegation to an agent. We use a rational-inattention model and compare it with a canonical signal-extraction model. We identify three "investment conditions". In "sour" conditions, no information is acquired and no...
Persistent link: https://www.econbiz.de/10011667675
The Producer Price Index (PPI) for the United States suggests that semiconductor prices have barely been falling in recent years, a dramatic contrast to the rapid declines reported from the mid-1980s to the early 2000s. This slowdown in the rate of decline is puzzling in light of evidence that...
Persistent link: https://www.econbiz.de/10011708124
This handbook reviews the methods employed in price indexes to adjust for quality change: “conventional” quality adjustment methods, which are explained in Chapter II, and hedonic price indexes (Chapter III). Hedonic indexes have a prominent place in price indexes for information and...
Persistent link: https://www.econbiz.de/10012445399