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Consumer price indexes: methods for quality and variety change

Опубликовано на портале: 12-12-2002
Statistical Journal of the United Nations Economic Commission for Europe. 2000.  Vol. 17. No. 1. P. 59-74. 
This paper describes the major methods used by statistical agencies to adjust for differences in the quality of a good or service when one item replaces another in a sample used to construct a Consumer Price Index. The methods are categorized as either direct, including the production-cost and hedonic approaches, or indirect, such as linking or class-mean imputation. The paper also presents simplified example calculations showing how the methods are applied in practice.
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