Corporate Service Price Index (CSPI): Telecommunications Services

Kuniko Moriya and Junko Kunihiro
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Kuniko Moriya: Bank of Japan
Junko Kunihiro: Bank of Japan

Bank of Japan Working Paper Series from Bank of Japan

Abstract: The Bank of Japan (BOJ) has issued the Corporate Service Price Index (CSPI) since 1985, providing one of the longest time-series indexes worldwide in the field of corporate services. Service prices are the most problematic areas in capturing actual price trends according to our ample experience in compiling this index. Capturing service prices has attracted many concerns of statistics organizations and users worldwide. Telecommunications services, especially, are an area of focus; they are characterized by rapid growth, by being driven by information technology, and by being advanced by government deregulation. The purpose of this paper is to show how the index of telecommunications services is compiled in Japan by taking into account these features and to evaluate the actual developments of the index. Remarks on limitations and future concerns are also included.

Date: 2001-10
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