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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w3935 |
来源ID | Working Paper 3935 |
Errors in Output Deflators Revisited: Unit Values and the PPI | |
Donald Siegel | |
发表日期 | 1991-12-01 |
出版年 | 1991 |
语种 | 英语 |
摘要 | Extending a methodology developed by Lichtenberg and Griliches (1989), we examine the extent of measurement error in two independent indicators of price change: the producer price index (PPI) and the U.S. Census Bureau's unit value relative (UVR). Estimation of factor analytic models is improved by the availability of more accurate and comprehensive proxies for price and quality change within industries and a more complete specification of the econometric model. We find that the UVR is a "noisier measure of price change than the PPI and that the PPI adjusts for approximately 57% of product quality change. |
URL | https://www.nber.org/papers/w3935 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/561273 |
推荐引用方式 GB/T 7714 | Donald Siegel. Errors in Output Deflators Revisited: Unit Values and the PPI. 1991. |
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w3935.pdf(272KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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