ICT Asset Prices: Marshaling Evidence into New Measures

David Byrne and Carol Corrado

No 2017-016, Finance and Economics Discussion Series from Board of Governors of the Federal Reserve System (U.S.)

Abstract: This paper is a companion to our recent paper, \"ICT Prices and ICT Services: What do they tell us about Productivity and Technology?\" It provides the sources and methods used to construct national accounts-style price deflators for the major components of ICT investment--communications equipment, computer equipment, and software--that were presented and analyzed in that paper. The ICT equipment measures described herein were also used in Byrne, Fernald, and Reinsdorf (2016). This paper is a companion to our recent paper, \"ICT Services and their Prices: What do they tell us about Productivity and Technology?\" It provides the sources and methods used to construct national accounts-style price deflators for the major components of ICT investment--communications equipment, computer equipment, and software--that were analyzed and used in that paper. The ICT equipment measures described herein were also used in Byrne, Fernald, and Reinsdorf (2016).

Keywords: ICT asset prices; Information and communications technology; Prices; Price measurement (search for similar items in EconPapers)
JEL-codes: E01 E31 L63 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2017-01-15
New Economics Papers: this item is included in nep-ict, nep-mac and nep-pay
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfe:2017-16

DOI: 10.17016/FEDS.2017.016r1

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