Environmental Change and Hedonic Cost Functions for Automobiles /
Berry, Steven.
Environmental Change and Hedonic Cost Functions for Automobiles / Steven Berry, Samuel Kortum, Ariel Pakes. - Cambridge, Mass. National Bureau of Economic Research 1996. - 1 online resource: illustrations (black and white); - NBER working paper series no. w5746 . - Working Paper Series (National Bureau of Economic Research) no. w5746. .
September 1996.
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 cost functions characteristics. Then we examine how this cost surface has changed over time and how these changes relate to changes in gas prices and in emission standard regulations. We also briefly consider the related questions of how changes in automobile characteristics, and in the rate of patenting, are related to regulations and gas prices.
System requirements: Adobe [Acrobat] Reader required for PDF files.
Mode of access: World Wide Web.
Environmental Change and Hedonic Cost Functions for Automobiles / Steven Berry, Samuel Kortum, Ariel Pakes. - Cambridge, Mass. National Bureau of Economic Research 1996. - 1 online resource: illustrations (black and white); - NBER working paper series no. w5746 . - Working Paper Series (National Bureau of Economic Research) no. w5746. .
September 1996.
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 cost functions characteristics. Then we examine how this cost surface has changed over time and how these changes relate to changes in gas prices and in emission standard regulations. We also briefly consider the related questions of how changes in automobile characteristics, and in the rate of patenting, are related to regulations and gas prices.
System requirements: Adobe [Acrobat] Reader required for PDF files.
Mode of access: World Wide Web.