The Growth of Network Computing : Quality-Adjusted Price Changes for Network Servers  

Oleh:

Reenen, John van

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: The Economic Journal (EBSCO) vol. 116 no. 509 (2006), page F29-F44.
Topik: network; network computing; quality - adjusted; price changes; network servers
Fulltext: F29.pdf (173.5KB)

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: EE28.21 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

This article investigates the evolution of quality - adjusted prices for servers motivated by two facts. First, the recent productivity acceleration in the US is closely linked to the spread of IT of which networked computing is a large component. Second, the growth of network computing itself has been fostered by the rapid growth in the quality and quantity of server hardware and software. The preferred hedonic price index fell much more rapidly than the standard 'matched model' price index, mainly due to the selection bias in the standard model arising from the exit of obsolete models, which would have had the fastest price falls.

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