Quality Measurement in Economics: New Perspectives on the Evolution of Goods and Services - Couverture rigide

Payson, Steven

Couverture rigide

ISBN 10 : 1852789263 ISBN 13 : 9781852789268

Editeur : Edward Elgar Publishing Ltd, 1994

Synopsis

The concept of quality measurement is revived and given new meaning in this innovative new book. Steven Payson argues that quality measurement is an important issue in the study of price indices and in the additional areas of product innovation and evolutionary change. The user-value definition of quality is forcefully defended against the producer-cost definition, and a new method of measurement is introduced - the representative good approach (RGA). The RGA provides a new means for measuring quality over long periods of time by examining historical documents. A discussion of evolutionary change lays the groundwork for the identification of two processes: quality improvement and cost reduction. Using data from the Sears Catalog, quality improvement and cost reduction rates are estimated for five goods between 1928 and 1993: shoes, sofas, gas ranges, window fans and air conditioners, and cameras. The results are dramatic, supporting ground-breaking hypotheses on the determinants of quality improvement and cost reduction.

A propos du livre

À propos de l'auteur

Steven Payson, Chief, Special Studies Branch, Government Division, Bureau of Economic Analysis, US Department of Commerce, Washington, DC and Grain Inspection, Packers and Stockyard Administration, US Department of Agriculture and the Science, Technology and International Affairs Program, Georgetown University, US

Détails de l'édition

• Éditeur: Edward Elgar Publishing Ltd
• Date d'édition: 1994
• Langue: anglais
• ISBN 10: 1852789263
• ISBN 13: 9781852789268
• Reliure: Relié
• Nombre de pages: 256
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible