February 2017 (Revised October 2017)

ICT Asset Prices: Marshaling Evidence into New Measures

David Byrne and Carol Corrado

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).

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Original paper: PDF | Accessible materials (.zip)

Keywords: ICT asset prices, Information and communication technology (ICT), Prices

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

PDF: Full Paper

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Last Update: January 09, 2020