Skip to main content
Article
On the Double Imputation Hedonic Price Index
Economic Analysis and Policy (2005)
  • Michael L Kremmer
  • David Prentice, La Trobe University
Abstract
In this short paper we present an empirical comparison of two price indexes: the 'consecutive two period chained time dummy double imputation hedonic price index' recently adopted by the ABS for their computer price index and the 'multi-period dummy variable hedonic price index' that is commonly used in academic research. The comparison is conducted using a publicity available data set and indicates this new index is far more suited to goods like computers where newly introduced models tend to dominate the data set.
Keywords
  • Hedonic Price Index,
  • Motorcycles
Disciplines
Publication Date
2005
Citation Information
Michael L Kremmer and David Prentice. "On the Double Imputation Hedonic Price Index" Economic Analysis and Policy Vol. 35 Iss. 1&2 (2005)
Available at: http://works.bepress.com/david_prentice/16/