Publication
Hedonic prices indexes for new passenger cars in Portugal (1997-2001)
| dc.contributor.author | Reis, Hugo J. | |
| dc.contributor.author | Silva, J. M. C. Santos | |
| dc.date.accessioned | 2022-05-24T14:25:56Z | |
| dc.date.available | 2022-05-24T14:25:56Z | |
| dc.date.issued | 2002-09 | |
| dc.description.abstract | In this paper we study the e¤ects of quality change on the price index for new passenger cars in Portugal for the years 1997-2001. Hedonic regression models are studied, giving particular emphasis to the relation between the form of the price index and the speci¤cation of the hedonic equation and estimation method used. The results indicate that the CPI component corresponding to this item may have been overestimated by as much as 2:2 percentage points per year. This corresponds to an overestimation of the overall CPI by about 0:15 percentage points per year. As a by-product of this analysis it is also possible to conclude that the quality of new cars sold in Portugal increased on average 4:8 percent per year during this period. | pt_PT |
| dc.description.version | info:eu-repo/semantics/publishedVersion | pt_PT |
| dc.identifier.citation | Reis, Hugo J. e J.M.C. Santos Silva . 2002. “Hedonic prices indexes for new passenger cars in Portugal (1997-2001)”. Banco de Portugal. Economic Research Department. Working Papers nº 10/ 2002 | pt_PT |
| dc.identifier.uri | http://hdl.handle.net/10400.5/24358 | |
| dc.language.iso | eng | pt_PT |
| dc.publisher | Banco de Portugal | pt_PT |
| dc.relation.ispartofseries | Banco de Portugal. Economic Research Department. Working Papers nº 10/ 2002; | |
| dc.subject | CPI Bias | pt_PT |
| dc.subject | Heteroskedasticity | pt_PT |
| dc.subject | Oaxaca Decomposition | pt_PT |
| dc.subject | Portugal | pt_PT |
| dc.title | Hedonic prices indexes for new passenger cars in Portugal (1997-2001) | pt_PT |
| dc.type | working paper | |
| dspace.entity.type | Publication | |
| rcaap.rights | openAccess | pt_PT |
| rcaap.type | workingPaper | pt_PT |