This paper develops a generalized hedonic model in which an exogenous shock to a single product attribute can affect other attributes, the markets for the product's complements and substitutes, and aggregate quantity produced. These factors are shown to be empirically relevant and to cause bias...

Eastern Europe experienced a surge in trade and capital movements after the introduction of the market economy. We investigate the substitution and complementary effect of foreign direct investment (FDI) and trade in the agricultural sector in Eastern Europe. We employed panel data from 1995 to...

This paper develops a generalized hedonic model in which an exogenous shock to a single product attribute can affect other attributes, the markets for the product's complements and substitutes, and aggregate quantity produced. These factors are shown to be empirically relevant and to cause bias...