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A Practical Guide to Price Index and Hedonic Techniques$
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Ana M. Aizcorbe

Print publication date: 2014

Print ISBN-13: 9780198702429

Published to Oxford Scholarship Online: August 2014

DOI: 10.1093/acprof:oso/9780198702429.001.0001

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Defining the Good and Data Issues

Defining the Good and Data Issues

(p.67) 4 Defining the Good and Data Issues
A Practical Guide to Price Index and Hedonic Techniques

Ana M. Aizcorbe

Oxford University Press

This chapter discusses various data issues, including the importance of the data in providing a way to control for quality change. Another topic discussed is defining the good, an important decision to be made by the researcher that is often constrained by the available data. Finally, three other issues are discussed: What type of price data is available? What is the coverage of the sample? And, is it representative?

Keywords:   quality change, representativeness, coverage, price definition

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