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.

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

Global index of the sharing economy

Timbro SEI

2018 Bergh Funcke Wernberg - Timbro Sharing Economy Index-1fHemsidan.jpg

Andreas Bergh, IFN and Lund University, is one of the authors of this book. The Timbro Sharing Economy Index is the first global index of the sharing economy. The index has been compiled using traffic volume data and scraped data, and provides a unique insight into the driving factors behind the peer-to-peer economy.

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