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All errors are our responsibility. Price indices for ISPs during the 1990s

By Greg Stranger, Shane Greenstein, Scott Stern and Jack Triplett For Comments


We estimate hedonic price indices for dial-up ISPs in the United States from November 1993 to January 1999. This was a period of rapid qualitative improvement in Internet access. We show that price indices without quality adjustment hardly changes after 1995, which we argue is a large error. Even with rather limited information, we estimate dramatic changes in prices from 1993 to 1996. We also estimate change in price per quality of 20 % between late 1996 and early 1999. This paper is partly derived from Stranger’s PhD dissertation at Northwestern University. We are

Year: 2011
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