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来源类型Working Paper
规范类型报告
DOI10.3386/w17067
来源IDWorking Paper 17067
Goods Prices and Availability in Cities
Jessie Handbury; David E. Weinstein
发表日期2011-05-20
出版年2011
语种英语
摘要This paper uses detailed barcode data on purchase transactions by households in 49 U.S. cities to overcome a large number of problems that have plagued spatial price index measurement. We identify two important sources of bias. Heterogeneity bias arises from comparing different goods in different locations, and variety bias arises from not correcting for the fact that some goods are unavailable in some locations. Eliminating heterogeneity bias causes 97 percent of the variance in the price level of food products across cities to disappear relative to a conventional index. Eliminating both biases reverses the common finding that prices tend to be higher in larger cities. Instead, we find that price level for food products falls with city size.
主题Industrial Organization ; Industry Studies ; Regional and Urban Economics ; Regional Economics
URLhttps://www.nber.org/papers/w17067
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/574741
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GB/T 7714
Jessie Handbury,David E. Weinstein. Goods Prices and Availability in Cities. 2011.
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