Front Matter Page
Statistics Department
Authorized for distribution by Kimberly Zieschang
Contents
I. Introduction
II. The 2005 ICP Methodology
A. Aggregation at the Basic Heading Level
B. Checklists, Missing Observations, Non-Comparable Replacements, and Quality Adjustments
III. The Hedonic CPD Method and Use of Grouped Data
A. A CPD Regression Using Averages Across Outlets
B. A Hedonic CPD Regression Using Averages Across Outlets
C. A Hedonic CPD Regression Based Only on Selected Stratifying Factors, not Covariates
D. Explicit Quality Estimates
E. Explicit Hedonic Quality Adjustments
IV. The Hedonic CPD Method and Use of Ungrouped Data
A. A CPD Regression with Outlet Interaction Terms
B. A Hedonic CPD Regression
C. A Pooled Cross-Country Hedonic Regression
D. The Choice of Estimator for a Hedonic CPD Regression
Fixed effects estimator
Random effects estimator
Hausman and Taylor estimator
Tests for choosing among estimators
V. Summary