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Scanner Data and Price Indexes

ISBN-10: 0226239667

ISBN-13: 9780226239668

Edition: 2003

Authors: Robert C. Feenstra, Matthew D. Shapiro

List price: $80.00
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Description:

Every time you buy a can of tuna or a new television, its bar code is scanned to record its price and other information. These "scanner data" offer a number of attractive features for economists and statisticians, because they are collected continuously, are available quickly, and record prices for all items sold, not just a statistical sample. But scanner data also present a number of difficulties for current statistical systems. Scanner Data and Price Indexes assesses both the promise and the challenges of using scanner data to produce economic statistics. Three papers present the results of work in progress at statistical agencies in the U.S., United Kingdom, and Canada, including a…    
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Book details

List price: $80.00
Copyright year: 2003
Publisher: University of Chicago Press
Publication date: 11/1/2007
Pages: 393
Language: English

Robert C. Feenstra is professor in the Department of Economics at the University of California, Davis, where he also holds the C. Bryan Cameron Distinguished Chair in International Economics. He is director of the International Trade and Investment Program of the NBER.

Prefatory Note
Introduction
Scanner Data in Official Statistics: Advancing the State of the Art
Using Scanner Data to Improve the Quality of Measurement in the Consumer Price Index
Scanner Indexes for the Consumer Price Index
Price Collection and Quality Assurance of Item Sampling in the Retail Prices Index: How Can Scanner Data Help?
Estimating Price Movements for Consumer Durables Using Electronic Retail Transactions Data
Roundtable Discussion
Aggregation across Time
High-Frequency Substitution and the Measurement of Price Indexes
Comment
Using Scanner Data in Consumer Price Indexes: Some Neglected Conceptual Considerations
Using Price Data to Study Market Structure
What Can the Price Gap between Branded and Private-Label Products Tell Us about Markups?
Comment
The Long Shadow of Patent Expiration: Generic Entry and Rx-to-OTC Switches
Comment
Measuring Change in Quality and Imputing Missing Observations
The Measurement of Quality-Adjusted Price Changes
Hedonic Regressions: A Consumer Theory Approach
Price Index Estimation Using Price Imputation for Unsold Items
Comment
Contributors
Author Index
Subject Index