A cost of living index incorporating a network effect

Madden, Gary; Coble-Neal, Grant

doi:10.1080/0003684042000266982

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Authors

Madden, Gary

Coble-Neal, Grant

Date

2004

Type

Journal Article

Metadata

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Citation

Madden, Gary an Coble-Neal, Grant. 2004. A cost of living index incorporating a network effect. Applied Economics. 36 (19): pp. 2231-2235.

Source Title

Applied Economics

DOI

10.1080/0003684042000266982

ISSN

00036846

Faculty

Curtin Business School

School of Economics and Finance

URI

http://hdl.handle.net/20.500.11937/25084

Collection

Curtin Research Publications

Abstract

This paper constructs a cost of living index (COLI) that incorporates a networkeffect. While in this instance the application is to the telecommunications sector,the COLI are applicable more generally to network industries. The COLI permitvalid welfare comparisons to be made by individual, region and country. IllustrativeCOLI estimates are provided for selected OECD member country telecommunicationsmarket data.