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- W2131567237 abstract "Price deflators for semiconductors fell rapidly over the 1990s, pulled down by steep declines in the deflator for the microprocessor (MPU) segment that accelerated around 1995. A decomposition of a price index for Intel's MPUs suggests that virtually all of the declines in the price index—and the acceleration—can be attributed to quality increases associated with product innovation, rather than declines in the cost per chip. The sizable decline in Intel's margins from 1993–99 only accounted for about 6 percentage points of the average 24% decline per quarter in the price index and cannot explain the acceleration. (JEL D42, L63, O47)" @default.
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- W2131567237 date "2006-07-01" @default.
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- W2131567237 title "Why Did Semiconductor Price Indexes Fall So Fast in the 1990s? A Decomposition" @default.
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