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Scanner Data and Price Indexes

By: (Edited by) Matthew D. Shapiro , (Edited by) Robert C. Feenstra

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Ksh 14,400.00

Format: Hardback or Cased Book

ISBN-10: 0226239659

ISBN-13: 9780226239651

Series: National Bureau of Economic Research Studies in Income and Wealth

Publisher: The University of Chicago Press

Imprint: University of Chicago Press

Country of Manufacture: GB

Country of Publication: GB

Publication Date: Feb 1st, 2002

Print length: 368 Pages

Weight: 680 grams

Dimensions (height x width x thickness): 2.30 x 1.60 x 0.30 cms

Product Classification: Microeconomics
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The data from bar-code scanners offers a number of attractive features for economists and statisticians, because they are collected continuously, are available quickly and record prices for all items sold, not just a sample. But scanner data also presents a number of difficulties for current statistical systems. This book assesses both the promise and the challenges of using scanner data to produce economic statistics. Three papers present the results of work in progress at statistical agencies in the US, UK and Canada, including a project to incorporate scanner data into the monthly Consumer Price Index. Other papers demonstrate the potential of using scanner data to test economic theories.

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