Wiadomości Statystyczne The Polish Statistician · 2010 · 28 citations · 4 references
HousingHedonic Price IndexesEconomicsDynamic PricingApplied EconomicsPrice IndexesProperty EvaluationPrice FormationBusinessEconomic AnalysisFixed BasketStatisticsCultural StudiesIntellectual HistoryMicroeconomicsPricing Policy
The aim of the article is to present and classify construction methods of hedonic price indexes being a way to control quality good changes in price indexes. Main differences between methods are pointed as well as conclusions drawn from their comparison. Theoretical literature and international empirical surveys are base of the study. The cited examples concern mainly hedonic price indexes of dwellings. Construction methods of hedonic price indexes may be classified as direct and indirect (by the classify criterion of using hedonic function). Direct methods are used for high heterogenic goods, where it is very difficult to determine a fixed basket of representatives. Indirect methods are used as additional to basket approach in the price dynamics survey.
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Scanner Data and Price Indexes
Robert C. Feenstra, Matthew D. Shapiro · 2003 · 111 citations
Hedonic Imputation Versus Time Dummy Hedonic Indexes
W. Erwin Diewert, Saeed Heravi, Mick Silver · SSRN Electronic Journal · 2007 · 40 citations · Full text