ICT Asset Prices : Marshaling Evidence into New Measures

Byrne, David M.; Corrado, Carol

doi:10.17016/FEDS.2017.016r1

Working Paper

ICT Asset Prices : Marshaling Evidence into New Measures

Abstract: This paper is a companion to our recent paper, \"ICT Prices and ICT Services: What do they tell us about Productivity and Technology?\" It provides the sources and methods used to construct national accounts-style price deflators for the major components of ICT investment--communications equipment, computer equipment, and software--that were presented and analyzed in that paper. The ICT equipment measures described herein were also used in Byrne, Fernald, and Reinsdorf (2016). This paper is a companion to our recent paper, \"ICT Services and their Prices: What do they tell us about Productivity and Technology?\" It provides the sources and methods used to construct national accounts-style price deflators for the major components of ICT investment--communications equipment, computer equipment, and software--that were analyzed and used in that paper. The ICT equipment measures described herein were also used in Byrne, Fernald, and Reinsdorf (2016).

Keywords: ICT asset prices; Information and communications technology; Prices; Price measurement;

JEL Classification: E01; E31; L63;

https://doi.org/10.17016/FEDS.2017.016r1