Hedonic Price Indexes for Personal Computer Operating Systems and Productivity Suites

Alan G. White, Jaison Robert Abel (), Ernst R. Berndt and Cory W. Monroe

No 10427, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: Results of hedonic price regressions for personal computer operating systems and productivity suites advertised in PC World magazine by retail vendors during the time period 1984 to 2000 are reported. Among the quality attribute variables we use are new measures capturing the presence of network effects in personal computer operating systems, such as connectivity and compatibility, and product integration among components of productivity suites. Average annual growth rates of quality-adjusted prices of personal computer operating systems range from -15 to -18 percent, while those for productivity suites generally range between -13 and -16 percent. Price declines are generally greater in the latter half of the samples.

JEL-codes: D4 E3 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-mic
Date: 2004-04
Note: PR
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