Scanner Data and Price Indexes

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Release : 2007-11-01
Genre : Business & Economics
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Book Rating : 667/5 ( reviews)

Scanner Data and Price Indexes - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Scanner Data and Price Indexes write by Robert C. Feenstra. This book was released on 2007-11-01. Scanner Data and Price Indexes available in PDF, EPUB and Kindle. Every time you buy a can of tuna or a new television, its bar code is scanned to record its price and other information. These "scanner data" offer a number of attractive features for economists and statisticians, because they are collected continuously, are available quickly, and record prices for all items sold, not just a statistical sample. But scanner data also present a number of difficulties for current statistical systems. Scanner Data and Price Indexes assesses both the promise and the challenges of using scanner data to produce economic statistics. Three papers present the results of work in progress at statistical agencies in the U.S., United Kingdom, and Canada, including a project at the U.S. Bureau of Labor Statistics to investigate the feasibility of incorporating scanner data into the monthly Consumer Price Index. Other papers demonstrate the enormous potential of using scanner data to test economic theories and estimate the parameters of economic models, and provide solutions for some of the problems that arise when using scanner data, such as dealing with missing data.

Consumer Price Index Manual

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Release : 2004-08-25
Genre : Business & Economics
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Book Rating : 996/5 ( reviews)

Consumer Price Index Manual - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Consumer Price Index Manual write by International Labour Office. This book was released on 2004-08-25. Consumer Price Index Manual available in PDF, EPUB and Kindle. The consumer price index (CPI) measures the rate at which prices of consumer goods and services change over time. It is used as a key indicator of economic performance, as well as in the setting of monetary and socio-economic policy such as indexation of wages and social security benefits, purchasing power parities and inflation measures. This manual contains methodological guidelines for statistical offices and other agencies responsible for constructing and calculating CPIs, and also examines underlying economic and statistical concepts involved. Topics covered include: expenditure weights, sampling, price collection, quality adjustment, sampling, price indices calculations, errors and bias, organisation and management, dissemination, index number theory, durables and user costs.

Generalized Fisher Price Indexes and the Use of Scanner Data in the CPI

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Release : 2001
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Generalized Fisher Price Indexes and the Use of Scanner Data in the CPI - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Generalized Fisher Price Indexes and the Use of Scanner Data in the CPI write by . This book was released on 2001. Generalized Fisher Price Indexes and the Use of Scanner Data in the CPI available in PDF, EPUB and Kindle. Statistics Netherlands intends to use scanner data provided by retailers in compiling the CPI. This has two important advantages. First, taking a sample of items to estimate the commodity group price index for a particular type of outlet becomes unnecessary. Second, the Laspeyres-type index formula currently applied can be replaced by an index formula that is better suited for handling dynamic aspects such as commodity substitution and the introduction of new goods. The present paper suggests the use of a so-called generalized Fisher price index, based on a set of goods that is variable through time. This index contains prices of new and disappearing goods that cannot be observed directly and that should therefore be imputed. The relation with quality adjustment procedures is addressed as well. Key words: Consumer price index ; Imputation ; New goods ; Quality adjustment ; Scanner data ; Substitution.

Scanner Data, Time Aggregation and the Construction of Price Indexes

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Release : 2009
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Scanner Data, Time Aggregation and the Construction of Price Indexes - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Scanner Data, Time Aggregation and the Construction of Price Indexes write by Lorraine Ivancic. This book was released on 2009. Scanner Data, Time Aggregation and the Construction of Price Indexes available in PDF, EPUB and Kindle.

Using Scanner Data for Food Policy Research

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Release : 2019-10-12
Genre : Business & Economics
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Book Rating : 471/5 ( reviews)

Using Scanner Data for Food Policy Research - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Using Scanner Data for Food Policy Research write by Mary K. Muth. This book was released on 2019-10-12. Using Scanner Data for Food Policy Research available in PDF, EPUB and Kindle. Using Scanner Data for Food Policy Research is a practitioners’ guide to using and interpreting scanner data obtained from stores and households in policy research. It provides practical advice for using the data and interpreting their results. It helps the reader address key methodological issues such as aggregation, constructing price indices, and matching the data to nutrient values. It demonstrates some of the key econometric and statistical applications of the data, including estimating demand systems for policy simulation, analyzing effects of food access on food choices, and conducting cost-benefit analysis of food policies. This guide is intended for early-career researchers, particularly those working with scanner data in agricultural and food economics, nutrition, and public health contexts. Describe different types of scanner data, the types of information available in the data, and the vendors that offer these data Describe food-label data that can be appended to scanner data Identify key questions that researchers should consider when acquiring scanner and label data for food policy research Demonstrate how to use scanner data using tools from econometric and statistical analyses, including the limitations in interpreting results using the data Describe and resolve key methodological issues related to using the data to facilitate more rapid analyses Provide an overview of published literature as background for designing new studies Demonstrate key applications of the data for food policy research