Comparability price quotations taking into account changes in the quality of the product Cover Image

Porównywalność notowań cen z uwzględnieniem zmian jakości produktu
Comparability price quotations taking into account changes in the quality of the product

Author(s): Tomasz Piasecki
Subject(s): Economy, National Economy, Public Finances
Published by: Główny Urząd Statystyczny
Keywords: price dynamics; product quality; price analysis; hedonic methods

Summary/Abstract: The paper presents a survey concept of retail prices of goods and services, the problem of comparability of quotes from various periods and methods used in the event of a representative product change. Then an overview of the methods used to ensure comparability of price quotations was made, with particular emphasis on hedonic methods based on the use of explicit quotations adjustments due to differences in the quality of listed products, while moving away from the absolute comparability of quotes.

  • Issue Year: 59/2014
  • Issue No: 06
  • Page Range: 27-46
  • Page Count: 20
  • Language: Polish