Quality change in price indexes

被引：33

作者：

Nordhaus, WD ^{[1
]}

机构：

[1] Yale Univ, New Haven, CT 06520 USA

来源：

JOURNAL OF ECONOMIC PERSPECTIVES | 1998年 / 12卷 / 01期

关键词：

D O I：

10.1257/jep.12.1.59

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Price indexes provide the fundamental building blocks for measuring the general price level along with real incomes and real output. But the most important single price index for the United States, the CPI, has been criticized as significantly underestimating the pace of quality change. This paper sketches the issues involved in the measurement of quality change in price indexes. It reviews the theory of quality change, discusses how the Bureau of Labor Statistics deals with quality change, and provides examples of measurement issues in practice. It concludes with a proposal to resolve the massive uncertainties in this area.

引用

页码：59 / 68

页数：10

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