The Growth of Network Computing
Quality‐Adjusted Price Changes for Network Servers
Bibliographic Data
| ID | 9712341 |
|---|---|
| Authors | John Van Reenen (0000-0001-9153-2907, London School of Economics and Political Science, corresponding author) |
| Year | 2006 |
| Volume | 116 |
| Issue | 509 |
| Pages | F29-F44 |
| Publication date | 2006-02-01 |
| 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/j.1468-0297.2006.01063.x |
| OpenAlex | W2155382660 |
| Language | EN |
| Citations received | 2 |
| References cited | 11 |
This article investigates the evolution of quality-adjusted prices for servers motivated by two facts. First, the recent productivity acceleration in the US is closely linked to the spread of IT of which networked computing is a large component. Second, the growth of network computing itself has been fostered by the rapid growth in the quality and quantity of server hardware and software. The preferred hedonic price index fell much more rapidly than the standard 'matched model' price index, mainly due to the selection bias in the standard model arising from the exit of obsolete models, which would have had the fastest price falls. Copyright 2006 Royal Economic Society
Acceleration · Component (thermodynamics · Computer network · Econometrics · Economics · Index (typography · Macroeconomics · Operating system · Price index · Productivity · Quality (philosophy · Server · World Wide Web · Computer Science · Digital Platforms and Economics · Firm Innovation and Growth · ICT Impact and Policies · Software
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Feature
Does the "New Economy" Measure up to the Great Inventions of the Past
| Unique citing works | 2 |
|---|---|
| Citations per year | 0,1 |
| Citation span | 2006 - 2006 (1) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 2 |