Chapter

Communications Equipment: What Has Happened to Prices?

Mark Doms

in Measuring Capital in the New Economy

Published by University of Chicago Press

Published in print October 2005 | ISBN: 9780226116129
Published online February 2013 | e-ISBN: 9780226116174 | DOI: http://dx.doi.org/10.7208/chicago/9780226116174.003.0010
Communications Equipment: What Has Happened to Prices?

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This chapter examines price and quality change for communications equipment using a newly developed data. The findings reveal that a high pace of quality change in communications equipment, particularly for the components used to create and provide business computer networks. The results are also roughly consistent with several independent sources of information on technological change and price declines. The implications for the results in this chapter are that real investment in certain categories was much higher than actually reported.

Keywords: communications equipment; price change; quality change; technological change; real investment; business computer networks

Chapter.  15008 words.  Illustrated.

Subjects: Econometrics and Mathematical Economics

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