The economics of new goods /

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 ch...

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Bibliographic Details
Online Access:Electronic book from EBSCO
Other Authors: Bresnahan, Timothy F., Gordon, Robert J. 1940-
Format: eBook
Published:Chicago : University of Chicago Press, ©1997.
Series:Studies in income and wealth ; v. 58.
Table of 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.