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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w25645 |
来源ID | Working Paper 25645 |
Getting Smart About Phones: New Price Indexes and the Allocation of Spending Between Devices and Services Plans in Personal Consumption Expenditures | |
Ana Aizcorbe; David M. Byrne; Daniel E. Sichel | |
发表日期 | 2019-03-11 |
出版年 | 2019 |
语种 | 英语 |
摘要 | This paper addresses two measurement issues for mobile phones. First, we develop a new mobile phone price index using hedonic quality-adjusted prices for smartphones and a matched-model index for feature phones. Our index falls at an average annual rate of 17 percent during 2010-2018, close to the rate of decline in the price index used in the GDP Accounts. Given relatively flat average prices over this period, our index points to substantial quality improvement. Second, we propose a methodology to disentangle purchases of phones and wireless services when they are bundled together as part of a long-term service contract. Getting the allocation right is especially important for real PCE because the price deflators for phones and wireless services exhibit very different trends. Our adjusted estimates suggest that real PCE spending currently captured in the category Cellular Phone Services increased 4 percentage points faster than is reflected in published data. |
主题 | Macroeconomics ; Consumption and Investment ; Business Cycles ; Development and Growth ; Innovation and R& ; D |
URL | https://www.nber.org/papers/w25645 |
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/583317 |
推荐引用方式 GB/T 7714 | Ana Aizcorbe,David M. Byrne,Daniel E. Sichel. Getting Smart About Phones: New Price Indexes and the Allocation of Spending Between Devices and Services Plans in Personal Consumption Expenditures. 2019. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w25645.pdf(202KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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