Una aproximación al sesgo de medición del precio de las computadoras personales en México

Carlos Guerrero de Lizardi
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Carlos Guerrero de Lizardi: Tecnológico de Monterrey, Campus Ciudad de México
Authors registered in the RePEc Author Service: Carlos Guerrero-de-Lizardi

Economía Mexicana NUEVA ÉPOCA, 2006, vol. XV, issue 1, 97-124

Abstract: Changes in quality in information technology products provoke that compilation of their price indexes represent a major challenge. In this respect, this paper has three goals. In first place, to build price indexes for personal computers during 1990-2004. In second place, to compare our price indexes with those compiled by Mexican Central Bank, Spanish National Institute of Statistics, and Bureau of Labor Statistics. In third place, to make an exploration about the viability of hedonic functions transfer between countries. Our results show a 21% average decline of the PC price index during the analyzed period. In consequence, official price index related to computers has a measurement bias. The adjusted CPI implies that the inflation rate was 4.425%, and not 4.463% as established by the Central Bank between July 2003 and December 2004.

Keywords: price index; personal computer; hedonic regression (search for similar items in EconPapers)
JEL-codes: C23 G12 (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (2)

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