2006–2010

Does Hedonic Price Indexing Change our Interpretation of Economic History? Evidence from Swedish Electrification

Reprint No. 2010:12

Author(s): Harald EdquistYear: 2010 Title: Economic History Review Volume (No.): 63 (2) Pages: 500–523
Online article (restrictions may apply)


Rapid price decreases for ICT products in the 1990s have been largely attributed to the introduction of hedonic price indexes.Would hedonic price indexing also have had large effects on measured price and productivity during earlier technological breakthroughs? This article investigates the impact of hedonic and matched model methods on historical data for electric motors in Sweden from 1900–35. The results show rapidly decreasing prices in the industry producing electric motors in the 1920s. However, the price decreases of electric motors in the 1920s were not on a par with price decreases for ICT equipment in the 1990s, even if hedonic indexing is used.


Reference:
Edquist, Harald (2010), "Does Hedonic Price Indexing Change our Interpretation of Economic History? Evidence from Swedish Electrification". Economic History Review 63(2), 500–523.

An Agenda for Europe

Institutional Reform for Innovation and Entrepreneurship

Omslag 2017 Institutional Reform for Innovation and Entrepreneurship.jpg

The authors of this book, Niklas Elert, Magnus Henrekson and Mikael Stenkula, advise the economies of the European Union to become more entrepreneurial in promoting innovation and economic growth. The authors propose a reform strategy with respect to several aspects to achieve this goal.

Events

Seminars organized by IFN

 

To present ongoing research informal brown-bag seminars are held on Mondays at 11:30 am. This is an opportunity for IFN researchers to test ideas and results.

Academically oriented seminars are most of the time held on Wednesdays at 10 am. At these events researchers from IFN and other institutions present their research.

In addition, IFN organizes seminars open to the public. Topics for these are derived from the IFN research.

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