Constructing quality-adjusted price indices from revenue and cost data

Detalhes bibliográficos
Autor(a) principal: DeSouza, Sérgio Aquino
Data de Publicação: 2007
Tipo de documento: Artigo
Idioma: por
Título da fonte: Repositório Institucional da Universidade Federal do Ceará (UFC)
Texto Completo: http://www.repositorio.ufc.br/handle/riufc/654
Resumo: This paper shows how to construct quality adjusted price indices without direct observation of productlevel data (prices, quantities and characteristics). The technique used here allows for a welfare based measurement of price change using commonly available (at least for the manufacturing sector) plant–level data on revenue and cost. However, one has to be explicit about the evolution of the outside good quality and the structure of demand and supply. Using data on the Colombian beer industry and combining the methodologies originally proposed by Katayama, Lu and Tybout (2003), DeSouza (2006a) and Trajtenberg (1990) I am able to uncover the demand parameters and build welfare-based price indices for the 1977-1990 period.
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spelling Constructing quality-adjusted price indices from revenue and cost dataPreçosThis paper shows how to construct quality adjusted price indices without direct observation of productlevel data (prices, quantities and characteristics). The technique used here allows for a welfare based measurement of price change using commonly available (at least for the manufacturing sector) plant–level data on revenue and cost. However, one has to be explicit about the evolution of the outside good quality and the structure of demand and supply. Using data on the Colombian beer industry and combining the methodologies originally proposed by Katayama, Lu and Tybout (2003), DeSouza (2006a) and Trajtenberg (1990) I am able to uncover the demand parameters and build welfare-based price indices for the 1977-1990 period.Este artigo demonstra como construir um índice de preços ajustados pela qualidade sem a observação direta de dados ao nível de produto (preços, quantidades e características). A técnica aplicada no artigo permite medir a inflação dos preços com base na variação intertemporal de bem-estar através do uso de dados de receita e despesa comumente disponíveis (pelo menos para o setor industrial) ao nível de empresas. No entanto, tal técnica exige a imposição de hipóteses sobre a evolução da qualidade do bem externo assim como a estrutura da demanda e da oferta. Com dados sobre a indústria colombiana de cerveja e combinando metodologias originalmente desenvolvidas por Katayama, Lu e Tybout (2003), DeSouza (2006a) e Trajtenberg (1990) estimam-se os parâmetros da demanda e constroem-se índices de preços para o período de 1977 a 1990 a partir da mensuração do bem-estar dos consumidores.Estudos Econômicos2011-08-05T21:56:58Z2011-08-05T21:56:58Z2007info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfDeSouza, Sérgio Aquino de. Constructing quality-adjusted price indices from revenue and cost data. Estud.econ., v.37, n.4, p.771-790, dez. 200701014161http://www.repositorio.ufc.br/handle/riufc/654DeSouza, Sérgio Aquinoporreponame:Repositório Institucional da Universidade Federal do Ceará (UFC)instname:Universidade Federal do Ceará (UFC)instacron:UFCinfo:eu-repo/semantics/openAccess2019-07-22T12:32:01Zoai:repositorio.ufc.br:riufc/654Repositório InstitucionalPUBhttp://www.repositorio.ufc.br/ri-oai/requestbu@ufc.br || repositorio@ufc.bropendoar:2024-09-11T18:58:51.060925Repositório Institucional da Universidade Federal do Ceará (UFC) - Universidade Federal do Ceará (UFC)false
dc.title.none.fl_str_mv Constructing quality-adjusted price indices from revenue and cost data
title Constructing quality-adjusted price indices from revenue and cost data
spellingShingle Constructing quality-adjusted price indices from revenue and cost data
DeSouza, Sérgio Aquino
Preços
title_short Constructing quality-adjusted price indices from revenue and cost data
title_full Constructing quality-adjusted price indices from revenue and cost data
title_fullStr Constructing quality-adjusted price indices from revenue and cost data
title_full_unstemmed Constructing quality-adjusted price indices from revenue and cost data
title_sort Constructing quality-adjusted price indices from revenue and cost data
author DeSouza, Sérgio Aquino
author_facet DeSouza, Sérgio Aquino
author_role author
dc.contributor.author.fl_str_mv DeSouza, Sérgio Aquino
dc.subject.por.fl_str_mv Preços
topic Preços
description This paper shows how to construct quality adjusted price indices without direct observation of productlevel data (prices, quantities and characteristics). The technique used here allows for a welfare based measurement of price change using commonly available (at least for the manufacturing sector) plant–level data on revenue and cost. However, one has to be explicit about the evolution of the outside good quality and the structure of demand and supply. Using data on the Colombian beer industry and combining the methodologies originally proposed by Katayama, Lu and Tybout (2003), DeSouza (2006a) and Trajtenberg (1990) I am able to uncover the demand parameters and build welfare-based price indices for the 1977-1990 period.
publishDate 2007
dc.date.none.fl_str_mv 2007
2011-08-05T21:56:58Z
2011-08-05T21:56:58Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv DeSouza, Sérgio Aquino de. Constructing quality-adjusted price indices from revenue and cost data. Estud.econ., v.37, n.4, p.771-790, dez. 2007
01014161
http://www.repositorio.ufc.br/handle/riufc/654
identifier_str_mv DeSouza, Sérgio Aquino de. Constructing quality-adjusted price indices from revenue and cost data. Estud.econ., v.37, n.4, p.771-790, dez. 2007
01014161
url http://www.repositorio.ufc.br/handle/riufc/654
dc.language.iso.fl_str_mv por
language por
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Estudos Econômicos
publisher.none.fl_str_mv Estudos Econômicos
dc.source.none.fl_str_mv reponame:Repositório Institucional da Universidade Federal do Ceará (UFC)
instname:Universidade Federal do Ceará (UFC)
instacron:UFC
instname_str Universidade Federal do Ceará (UFC)
instacron_str UFC
institution UFC
reponame_str Repositório Institucional da Universidade Federal do Ceará (UFC)
collection Repositório Institucional da Universidade Federal do Ceará (UFC)
repository.name.fl_str_mv Repositório Institucional da Universidade Federal do Ceará (UFC) - Universidade Federal do Ceará (UFC)
repository.mail.fl_str_mv bu@ufc.br || repositorio@ufc.br
_version_ 1813029020775743488

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