Quality and a Pure Price Index

Gavett, Thomas W.
March 1967
Monthly Labor Review;Mar67, Vol. 90 Issue 3, p16
Academic Journal
Examines the problems encountered in accommodating measures of quality change when computing pure price indexes. Nature of a price index; Definition of quality change affected by the concept used; Appropriate measures of quality change; Illustration of changes in supply and demand for product with changed quality.


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