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来源类型Working Paper
规范类型报告
DOI10.3386/w13592
来源IDWorking Paper 13592
Measuring the Welfare Gain from Personal Computers: A Macroeconomic Approach
Jeremy Greenwood; Karen A. Kopecky
发表日期2007-11-14
出版年2007
语种英语
摘要The welfare gain to consumers from the introduction of personal computers is estimated here. A simple model of consumer demand is formulated that uses a slightly modified version of standard preferences. The modification permits marginal utility, and hence total utility, to be finite when the consumption of computers is zero. This implies that the good won't be consumed at a high enough price. It also bounds the consumer surplus derived from the product. The model is calibrated/estimated using standard national income and product account data. The welfare gain from the introduction of personal computers is in the range of 2 to 3 percent of consumption expenditure.
主题Macroeconomics ; Consumption and Investment ; Development and Growth ; Innovation and R& ; D ; Growth and Productivity
URLhttps://www.nber.org/papers/w13592
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/571268
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Jeremy Greenwood,Karen A. Kopecky. Measuring the Welfare Gain from Personal Computers: A Macroeconomic Approach. 2007.
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