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Environmental change and hedonic cost functions for automobiles

This paper focuses on how changes in the economic and regulatory environment have affected production costs and product characteristics in the automobile industry. We estimate “hedonic cost functions” that relate product-level costs to their characteristics. Then we examine how this cost surface has...

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Bibliographic Details
Main Authors: Berry, Steven, Kortum, Samuel, Pakes, Ariel
Format: Artigo
Language:Inglês
Published: The National Academy of Sciences of the USA 1996
Subjects:
Online Access:https://ncbi.nlm.nih.gov/pmc/articles/PMC34129/
https://ncbi.nlm.nih.gov/pubmed/8917486
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