Quality bias in price elasticity

Chanjin Chung ()

Applied Economics Letters, 2006, vol. 13, issue 4, 241-245

Abstract: This article examines the potential quality bias in price elasticities in cross-sectional demand analysis and develops a framework that can be used to avoid this problem. Both analytical and empirical results indicate that ignoring quality adjustment in either prices or quantities can cause biased price elasticities, which may lead to erroneous marketing decisions and policy implications.

Date: 2006
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.informaworld.com/openurl?genre=article& ... 40C6AD35DC6213A474B5 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:13:y:2006:i:4:p:241-245

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEL20

DOI: 10.1080/13504850500395316

Access Statistics for this article

Applied Economics Letters is currently edited by Anita Phillips

More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().