| Description |
1 online resource (x, 494 pages) : illustrations |
| Series |
Studies in income and wealth ; v. 58 |
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Studies in income and wealth ; v. 58.
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| Contents |
Do real-output and real-wage measures capture reality? : the history of lighting suggests not / William D. Nordhaus -- Quality adjusted prices for the American automobile industry : 1906-1940 / Daniel M.G. Raff and Manuel Trajtenberg -- The welfare implications of invention / Walter Y. Oi -- Science, health, and household technology : the effect of the Pasteur revolution on consumer demand / Joel Mokyr and Rebecca Stein -- Valuation of new goods under perfect and imperfect competition / Jerry A. Hausman -- Bias in U.S. import prices and demand / Robert C. Feenstra and Clinton R. Shiells --The roles of marketing, product quality, and price competition in the growth and composition of the U.S. antiulcer drug industry / Ernst R. Berndt, et al. -- From superminis to supercomputers : estimating surplus in the computing market / Shane M. Greenstein -- New products and the U.S. consumer price index / Paul B. Armknecht, Walter F. Lane, and Kenneth J. Stewart -- The construction of basic components of cost-of-living indexes / Marshall B. Reinsdorf and Brent R. Moulton -- New goods from the perspective of price index making in Canada and Japan / Andrew Baldwin, et al |
| Summary |
New goods are at the heart of economic progress. The eleven essays in this volume include historical treatments of new goods and their diffusion; practical exercises in measurement addressed to recent and ongoing innovations; and real-world methods of devising quantitative adjustments for quality change. The lead article in Part I contains a striking analysis of the history of light over two millenia. Other essays in Part I develop new price indexes for automobiles back to 1906; trace the role of the air conditioner in the development of the American south; and treat the germ theory of disease |
| Notes |
"This volume contains revised versions of the papers and discussion presented at the Conference on Research in Income and Wealth entitled New Products : history, theory, methodology, and applications, held in Williamsburg, Virginia, on 29-30 April 1994. Conference participants also attended a preconference at the National Bureau of Economic Research in December 1993"--Page ix |
| Bibliography |
Includes bibliographical references and indexes |
| Notes |
Print version record |
| Subject |
Consumer price indexes -- Congresses
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New products -- Congresses
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BUSINESS & ECONOMICS -- Industries -- General.
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Consumer price indexes
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New products
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Consumenten.
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Producten.
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| Genre/Form |
proceedings (reports)
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Conference papers and proceedings
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Conference papers and proceedings.
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Actes de congrès.
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| Form |
Electronic book
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| Author |
Bresnahan, Timothy F.
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Gordon, Robert J. (Robert James), 1940-
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National Bureau of Economic Research.
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| ISBN |
9780226074184 |
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0226074188 |
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