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Scanner data and price indexes

Author: Robert C Feenstra; Matthew D Shapiro
Publisher: Chicago : University of Chicago Press, 2003.
Series: Studies in income and wealth, v. 64.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
This book assesses both the promise and the challenges of using scanner data to produce economic statistics. Three chapters present the results of work in progress at statistical agencies in the U.S., United Kingdom, and Canada, including a project at the U.S. Bureau of Labor Statistics to investigate the feasibility of incorporating scanner data into the monthly Consumer Price Index. Other chapters demonstrate the  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Scanner data and price indexes.
Chicago : University of Chicago Press, 2003
(DLC) 2002075288
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Robert C Feenstra; Matthew D Shapiro
ISBN: 0226239667 9780226239668 0226239667 9780226239651 0226239659
OCLC Number: 236344755
Description: 1 online resource (x, 393 pages) : illustrations.
Contents: Using scanner data to improve the quality of measurement in the Consumer Price Index / William J. Hawkes and Frank W. Piotrowski --
Scanner indexes for the Consumer Price Index / David H. Richardson --
Price collection and quality assurance of item sampling in the Retail Prices Index / David Fenwick [and others] --
Estimating price movements for consumer durables using electronic retail transactions data / Robin Lowe and Candace Ruscher --
High-frequency substitution and the measurement of price indexes / Robert C. Feenstra and Matthew D. Shapiro --
What can the price gap between branded and private-label products tell us about markups? / Robert Barsky [and others] --
Long shadow of patent expiration / Ernst R. Berndt, Margaret K. Kyle, and Davina C. Ling --
Measurement of quality-adjusted price changes / Mick Silver and Saeed Heravi --
Hedonic regressions / Erwin Diewert --
Price index estimation using price imputation for unsold items / Ralph Bradley.
Series Title: Studies in income and wealth, v. 64.
Responsibility: edited by Robert C. Feenstra and Matthew D. Shapiro.

Abstract:

This book assesses both the promise and the challenges of using scanner data to produce economic statistics. Three chapters present the results of work in progress at statistical agencies in the U.S., United Kingdom, and Canada, including a project at the U.S. Bureau of Labor Statistics to investigate the feasibility of incorporating scanner data into the monthly Consumer Price Index. Other chapters demonstrate the enormous potential of using scanner data to test economic theories and estimate the parameters of economic models, and provide solutions for some of the problems that arise when using scanner data, such as dealing with missing data.

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