Why Are Semiconductor Prices Falling So Fast ? Industry Estimates and Implications for Productivity Measurement

  title={Why Are Semiconductor Prices Falling So Fast ? Industry Estimates and Implications for Productivity Measurement},
  author={Ana Aizcorbe},
By any measure, price deflators for semiconductors fell at a staggering pace over much of the last decade. These rapid price declines are typically attributed to technological innovations that lower constant-quality manufacturing costs. But, given Intel’s dominance in the microprocessor market, those price declines may also reflect changes in Intel’s profit margins. Disaggregate data on Intel’s operations are used to explore these issues. There are three basic findings. First, the industry data… CONTINUE READING

From This Paper

Figures, tables, and topics from this paper.


Publications referenced by this paper.
Showing 1-10 of 26 references

Consumer Price Indexes: Methods for Quality and Variety Change,

  • J. S. Greenlees
  • Paper presented at the Joint ECE/ILO meeting on…
  • 1999
Highly Influential
5 Excerpts

Mismanaged Trade? Strategic Policy and the Semiconductor Industry,Washington

  • K. Flamm
  • D.C.: Brookings Institution
  • 1996
Highly Influential
7 Excerpts

Does the New Economy Measure Up to the Great Inventions of the Past?

  • R. Gordon
  • Journal of Economic Perspectives
  • 2001
1 Excerpt

Is Equipment Price Deflation a Statistical Artifact?

  • Hobijn, Bart
  • 2001
1 Excerpt

New Goods, Hedonics, and Price Indices; With an Application to PC’s,

  • A. Pakes
  • 2001
1 Excerpt

Quantifying Quality Growth,

  • M. Bils, P.J
  • Klenow
  • 2001

Constructing Price and Quantity Indexes for High Technology Goods, presented at the CRIW workshop on Price Measurement at the NBER Summer

  • A. M. Aizcorbe, C. Corrado, M. Doms
  • 2000
1 Excerpt

Information Technology and the U.S. Economy,

  • D. W. Jorgenson
  • Presidential Address to the American Economic…
  • 2000
1 Excerpt

Similar Papers

Loading similar papers…