@techreport{Winker2005Hedonic,
abstract = {Standard measures of consumer price inflation are based on a bundle
of representative goods. It is well known that this approach might
overstate inflation for new products and products with fast increasing
quality. For this reason, hedonic adjustment methods have been
proposed and introduced in official statistics for some products like
personal computers.
In this contribution, we consider the application of a hedonic regression
to digital cameras, which have been introduced in the product
bundle of the German consumer price index in 2003 \textendash{} so far without
hedonic quality adjustment. We present first results on hedonic price
measurement for digital cameras in Germany for the time period 1999
to 2004. The results are based on data sampled from public interest
journals and advertisements.},
author = {Peter Winker and Franziska Rippin},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {330; Hedonic regression; hedonic price index; quality adjustment; Hedonischer Preis; Regression; Fotoapparat; Lebenshaltungsindex; Sch\"{a}tzung; Theorie; Deutschland},
language = {eng},
number = {2005,005E},
title = {Hedonic regression for digital cameras in Germany},
type = {Discussion paper / Universit\"{a}t Erfurt, Staatswissenschaftliche Fakult\"{a}t},
url = {http://hdl.handle.net/10419/23942},
year = {2005}
}
