TY - JOUR AU - White,Alan G. AU - Abel,Jaison R. AU - Berndt,Ernst R. AU - Monroe,Cory W. TI - Hedonic Price Indexes for Personal Computer Operating Systems and Productivity Suites JF - National Bureau of Economic Research Working Paper Series VL - No. 10427 PY - 2004 Y2 - April 2004 UR - http://www.nber.org/papers/w10427 L1 - http://www.nber.org/papers/w10427.pdf N1 - Author contact info: Alan G. White Analysis Group 111 Huntington Avenue, 10th Floor Boston, MA 02199 E-Mail: awhite@rotman.utoronto.ca Jaison Abel Microeconomic and Regional Studies Research and Statistics Group Federal Reserve Bank of New York 237 Main Street, Suite 1200 Buffalo, New York 14203 Tel: 716-849-5010 Fax: 716-849-5021 E-Mail: jaison.abel@ny.frb.org Ernst R. Berndt MIT Sloan School of Management 100 Main Street, E62-518 Cambridge, MA 02142 Tel: 617/253-2665 Fax: 617-227-0880 E-Mail: eberndt@mit.edu Cory Monroe MIT E-Mail: cwmonroe@MIT.EDU M1 - published as Alan G. White, Jaison R. Abel, Ernst R. Berndt, Cory W. Monroe. "Hedonic Price Indexes for Personal Computer Operating Systems and Produtivity Suites," in Jacques Mairesse and Manuel Trajtenberg, editors, "Contributions in Memory of Zvi Griliches" Annales D'Économie et de Statistique, 79-80, July-December 2005 (2010) AB - Results of hedonic price regressions for personal computer operating systems and productivity suites advertised in PC World magazine by retail vendors during the time period 1984 to 2000 are reported. Among the quality attribute variables we use are new measures capturing the presence of network effects in personal computer operating systems, such as connectivity and compatibility, and product integration among components of productivity suites. Average annual growth rates of quality-adjusted prices of personal computer operating systems range from -15 to -18 percent, while those for productivity suites generally range between -13 and -16 percent. Price declines are generally greater in the latter half of the samples. ER -