Scanner Data and the Measurement of Inflation
Bibliographic Data
| ID | 9709701 |
|---|---|
| Authors | Mick Silver (0000-0002-2693-3154, Cardiff Business School, Cardiff University), Saeed Heravi (0000-0002-0198-764X, Cardiff Business School, Cardiff University) |
| Year | 2001 |
| Volume | 111 |
| Issue | 472 |
| Pages | 383-404 |
| Publication date | 2001-06-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Economic Journal (JOURNAL) |
| Journal identifiers | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Publisher | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.1111/1468-0297.00636 |
| OpenAlex | W1974857714 |
| Language | EN |
| Citations received | 10 |
| References cited | 7 |
This paper outlines the potential use of bar-code scanner data from retailers for the measurement of inflation. The source benefits from its extensive coverage in providing data on prices, quantities and values of transactions of each model of a good sold. Relative weights can thus be ascribed to price changes in both base and current months at a highly detailed level which allows us to estimate substitution bias. Methods of adjusting for quality changes can be considered. The dummy variable hedonic approach is compared with a superlative, exact hedonic approach and a matching technique akin to that used by statistical offices
Economics · Electrical engineering · Inflation (cosmology · Library science · Management · Media studies · Physics · Scanner · Sociology · Volume (thermodynamics · Computer Science · Engineering · Fiscal Policy and Economic Growth · History · Housing Market and Economics · Monetary Policy and Economic Impact
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The Computer and the Statistician. Computerization and the Mobilization of Scanner Data by National Statistical Institutes for the Construction of Price Indexes
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"Big Data" in Economic History
Exact and superlative index numbers
Bias in the Consumer Price Index
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Holiday Price Rigidity and Cost of Price Adjustment
The Valuation of the Social Income
Should the Cost‐of‐living Index Provide the Conceptual Framework for a Consumer Price Index
The Measurement of Durable Goods Prices
| Unique citing works | 10 |
|---|---|
| Citations per year | 0,43 |
| Citation span | 2003 - 2026 (24) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 9 |