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Quality-corrected price indices: the case of the Dutch new passenger car market, 1990-1999

APPLIED ECONOMICS, no. 11 (2004): 1169-1197

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Abstract

Market dynamics and technological developments constitute a major challenge to the proper measurement of the price evolution of durable goods. In this study, hedonic methods are used to estimate quality-corrected price indices of new passenger cars in the Netherlands, 1990-1999. Use is made of a huge set of price, quantity and quality inf...More

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