David M. Byrne

Cloud computingcomputing done on an off-site network of resources accessed through the Internetis revolutionizing how computing services are used. However, because cloud is so new and it largely is an intermediate input to other industries, it is difficult to track in the U.S. statistical system....

This paper develops a framework for measuring digital services in the face of ongoing innovations in the delivery of content to consumers. We capture what Brynjolfsson and Saunders (2009) call "free goods" as the capital services generated by connected consumers' stocks of IT digital goods, a...

This paper develops a framework for measuring digital services in the face of ongoing innovations in the delivery of content to consumers. We capture what Brynjolfsson and Saunders (2009) call free goods as the capital services generated by connected consumers' stocks of IT digital goods, a service...

This paper addresses two measurement issues for mobile phones. First, we develop a new mobile phone price index using hedonic quality-adjusted prices for smartphones and a matched-model index for feature phones. Our index falls at an average annual rate of 17 percent during 2010-2018, close to the...

Costs of basic cloud services fell at double-digit annual rates between 2014 and 2016, while revenue from web services grew by 70% in 2015 and 55% in 2016. The rise of the virtual cloud the array of computer services that are offered for off-site use via the internet has been one of the most...

Cloud computingcomputing done on an off-site network of resources accessed through the Internetis revolutionizing how computing services are used. However, because cloud is so new and it largely is an intermediate input to other industries, it is difficult to track in the U.S. statistical system....

Two recent papers have made compelling cases that mismeasurement of prices of high tech products cannot explain the slow pace of labor productivity growth that has prevailed since the mid-2000s. Does that result indicate that mismeasurement of high-tech products has limited implications for patterns...

Microprocessor unit (MPU) prices are declining faster than the Producer Price Index suggests, according to research into pricing practices over the last decade. After falling rapidly through the mid-2000s, the price of computer chips has declined very slowly in recent years according to the Producer...

The Producer Price Index (PPI) for the United States suggests that semiconductor prices have barely been falling in recent years, a dramatic contrast from the rapid declines reported from the mid-1980s to the early 2000s. This slowdown in the rate of decline is puzzling in light of evidence that the...

This paper studies price and quality differences across international intermediate input suppliers. We develop price measures that account for (i) differences in product characteristics, (ii) unobserved quality differences, and (iii) pure (frictional) price dispersion across suppliers. Using...