Quality adjusted price indexes and the Willig condition

V. Kerry Smith; H. Spencer Banzhaf

doi:10.1016/j.econlet.2006.07.005

Quality adjusted price indexes and the Willig condition

V. Kerry Smith
, H. Spencer Banzhaf

Economics

Research output: Contribution to journal › Article › peer-review

7 Scopus citations

Abstract

This paper provides a graphical explanation of Willig's condition for developing consistent price indexes for quality change. The framework also describes how the single crossing condition generalizes the Willig condition.

Original language	English (US)
Pages (from-to)	43-48
Number of pages	6
Journal	Economics Letters
Volume	94
Issue number	1
DOIs	https://doi.org/10.1016/j.econlet.2006.07.005
State	Published - Jan 2007

Keywords

Price indexes
Quality adjustment
Weak complementarity
Willig condition

ASJC Scopus subject areas

Finance
Economics and Econometrics

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10.1016/j.econlet.2006.07.005

Cite this

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title = "Quality adjusted price indexes and the Willig condition",

abstract = "This paper provides a graphical explanation of Willig's condition for developing consistent price indexes for quality change. The framework also describes how the single crossing condition generalizes the Willig condition.",

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year = "2007",

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KW - Weak complementarity

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Quality adjusted price indexes and the Willig condition

Abstract

Keywords

ASJC Scopus subject areas

Access to Document

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